Analyst InternApplication Deadline: 31 January 2025Department: Executive AdministrationEmployment Type: TemporaryLocation: CorporateDescription*This position is located in Austin, TX.*We are accepting applications through 1/31/2025. Top candidates will be contacted for interviews starting in February. The Financial Analyst Intern position is designed to establish a strong entry-level foundation and understanding of basic concepts related to analyzing financial data to generate meaningful insights and provide strategic recommendations that will support the day-to-day work of Financial Operations and key business objectives at American Campus Communities (ACC). This position will provide hands-on training, build a strong foundation in real estate and finance skills, and provide the opportunity to work with and learn from industry professionals. Critical Duties:
- Develop a foundational understanding of various aspects of real estate analysis and finance, including, but not limited to: budgeting and forecasting principles, joint-venture structures and reporting mechanisms, revenue streams, loan covenants and agreements, banking administration and payment processes, operational management, etc.
- Begin to establish strong working knowledge of financial modeling and current Excel functions/features to ensure efficiency in all daily processes.
- Assist in analyzing tax and insurance implications, conducting rent roll analysis, and creating operating budgets.
- Assist in unit mix analysis for development projects and create corresponding budgets.
- Investigate and draft explanations for variances between actual and budgeted and/or forecasted property revenue and operating expense performance.
- Participate in the Capital Expenditure (CapEx) allocation and management process and differentiate between CapEx and Operating Expenditures (OpEx).
- Assist in reporting real estate revenues, including Rent Rolls, and analyze operating conditions influencing revenue decisions.
Essential Duties: (Other duties may be assigned)
- Explore benchmarking techniques for assessing asset performance.
- Participate in lender reporting and learn to interpret and communicate debt metrics.
- Assist with monthly tracking of operating and financial data assets.
- Create, proof, and ensure accuracy of various documents including, but not limited to: data visualizations, business plans, memos, general correspondences, etc.
- Perform market research, data analysis, and other adhoc research as requested and/or needed.
- Ensure effective verbal and written correspondence to requests, protect confidential information, and explain policies when necessary.
- Learn from department leaders how to identify the most impactful ways for data and analytics to drive decision making and profitable growth.
- Participate in meetings as requested.
American Campus Communities Culture Commitments:
- Our people are devoted to a culture of inclusion, diversity, and equality in the workplace and our communities. We are committed to intentionally executing an evolving set of goals specific to inclusion, diversity, and accountability, driven by empathetic leadership and embraced by all.
- The core of American Campus culture involves everyone being fully invested in everything that we do down to picking up the smallest piece of trash in the office and around our communities. No matter their position or duration at the organization, everyone picks up trash.
- Serve as an American Campus representative and liaison in all interactions.
- Certain activities involved in this position may be photographed and/or video and audio recorded for quality control and/or training purposes. Compliance with the Photo, Video and Voice Recording Policy is a condition of employment.
Skills, Knowledge & ExpertiseQualificationsTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the minimum knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Education/Experience:
- Pursuing a Bachelor's degree from an accredited college/university in Finance, Economics, Real Estate, Accounting, Data Analytics, and/or Statistics.
- 3.5 minimum Grade Point Average (GPA).
Certificates/Licenses:
Knowledge/Skills/Abilities:Knowledge of:
- Microsoft Office applications - emphasis on Excel, Word, and PowerPoint.
Skill in:
- Excel functions and features.
- Entry level financial modeling.
- General time management.
- Basic administration and organization.
- Effective written and verbal communication.
Ability to:
- Work independently as a self-starter.
- Define problems, collect data, establish facts, and draw valid conclusions.
- Comprehend multiple abstract and concrete variables simultaneously.
- Remain detail oriented while multitasking and meeting multiple deadlines.
- Read, analyze, and interpret business/financial reports.