Job Description

Job Description

Job Description

Salary: $13.50/hour

At Madhouse, our people are our greatest differentiator and competitive advantage. Together, were committed to creating the best communities for our residents. As a Financial Analyst Intern, youll collaborate with Development Managers, Asset Managers, and the Executive Team to support and enhance our upcoming community projects. Youll gain hands-on experience in financial and market analysis, development entitlements, site acquisition, lender and investor due diligence, and construction project management, among other things. Our collaborative environment offers a unique opportunity to build your skill sets in a number of projects and key initiatives. Madhouse is committed to being a leader in the multifamily industry, and you will be part of a team leading the way into the future.

PRIMARY RESPONSIBILITIES:

Participate in the financial analysis of the development process for multifamily communities and financial activities at Madhouse by:

• Evaluating the economic performance of specific real estate projects and giving a detailed analysis.
• Maintaining a database by entering, verifying, and backing up data; updating real estate portfolios expense database.
• Recommending actions by analyzing and interpreting data and making comparative analyses.
• Increasing productivity by developing automated accounting applications and coordinating information requirements.
• Assisting with cost analysis process by enforcing policies and procedures; providing trends and forecasts; recommending actions.
• Tracking expenses and revenues vs. budget, analyzing fluctuations and assisting with forecasts.
• Analyzing quarterly operating reports.
• Analyzing cost efficiencies profit margins and measuring financial risks in investments.
• Reviewing monthly expenses to ensure that expenses are booked correctly and working with the accounting team to make any necessary reclassification.
• Assisting with the preparation of construction-related draws, cost certifications, and certified audits.
• Preparing and providing brief development status reports to be used in connection with staff meetings.
• Working with team members of the development department on due diligence activities and other project-related duties.
• Assisting with government relations, project acquisition, and development activities.
• Assisting in locating markets and municipalities for proposed developments, along with evaluating and procuring properties for acquisition and rehabilitation.
• Assisting in liaising with neighborhood groups, local organizations, adjacent property owners, and other parties interested in the development, organizing meetings with such parties, if requested, prepare information on the development for such parties.
• Providing advice and recommendations as to the selection procedures for the Housing Tax Credit application for scoring purposes.

KNOWLEDGE, SKILLS, AND ABILITIES:

• Proficiency in Microsoft Office with emphasis on Excel.
• Strong initiative, with the ability to manage multiple projects and follow-through effectively.
• Solid understanding of accounting principles (GAAP).
• Effective communication and interpersonal skills.
• Ability to complete projects accurately and on time.
• Detail oriented with excellent organizational and analytical skills.
• Ability to collaborate with others in a fast-paced, dynamic environment.
• Strong problem-solving skills and a calculative mindset.
• Attention to detail for uncovering obscure facts in your line of work.
• Confident presentation skills with the ability to convey insights clearly and persuasively.

EDUCATION & EXPERIENCE REQUIREMENTS

• Pursuing a bachelors degree or higher with a focus in Accounting, Business, Finance, Law or Real Estate required.

WAGE & SCHEDULE:

• $13.50 per hour, paid bi-weekly.
• Commitment of 20-40 hours per week.
  • We prefer a consistent work schedule.

• • We are understanding and flexible with your class schedule.
• Internships are on-site, in Austin, TX.
• Work/Life/Fun balance in a casual and collaborative work environment! Team members enjoy company-wide events and celebrations.

HOW TO STAND OUT

• Submit a well-crafted cover letter expressing your interest in Madhouse and our industry, highlighting how your internship can contribute to our company's success.

SUMMARY

• Employment Type: Seasonal, Temporary
• Location: On-site in Austin, Texas; Corporate Office
• Work Hours/Week: 20-40 hours per week
• Compensation: $13.50/hour
• Required Travel: None

Visit MadhouseDevelopment.net for more information.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

Madhouse is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

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