Intern - Finance - Summer 2024

LivCor, a Blackstone Portfolio Company

Sep 22, 2023

Applications are closed

Internship
Full-time
Summer Internship
Banking & Finance
Chicago

Requirements

Pursuing a degree in accounting, finance, real estate, economics, or business with a finance/accounting concentration
Must be a college, rising senior during the time of the internship program
Working knowledge of MS Word and PowerPoint; advanced knowledge of MS Excel preferred
Ability to prioritize and multi-task in a fast-paced environment
Excellent organizational skills and attention to detail
Excellent analytical and problem-solving skills
The ability to laugh at yourself
A commitment to doing things differently and making the world a little bit better
A naturally collaborative nature
Ambition without ego
Ability to work in Chicago in a full-time capacity for 10 weeks, beginning in June of 2024

Responsibilities

Financial Planning & Analysis
Perform detailed review of financial variance reports prepared by operating partners and utilize data mining to identify any operational or performance concerns and the underlying drivers
Based on financial performance analysis, suggest ways to increase efficiency, increase operational or financial performance of assets with guidance from asset managers and FP&A analysts
Assist team during the mid-year reforecast process (at the property level): analyze property performance against original budget and trend for the rest of the year; utilize reforecast templates (utilizes Oracle PBCS) and tools to develop mid-year reforecast; work interactively with FP&A team and asset managers to finalize reforecast; observe/prepare summary reports and communicate to executive leadership team
Capital Analytics
Work closely with the capital analytics team to analyze CapEx projects, ROI, and redevelopment opportunities throughout the portfolio
Assist with triangulating data and telling the story behind the data
Financial Operations
Leveraging LivCor’s vast stores of data for purposes including, but not limited to: new business insights, forecast process improvement, forecast accuracy & storytelling for executive leadership
Delivering closest-to-the-pin Rental Income Budgets and Forecasts backed by best-in-class technical processes and modeling fundamentals
In general, you could have the opportunity to:
Aggregate and review macroeconomic and industry data impacting the multifamily sector including employment, wage and job growth; new supply; rent and occupancy trends; and lease trade out data. Prepare related summary tables, graphs, and commentary
Assist team in the preparation and review of monthly portfolio financial reporting package: Includes extracting and aggregating portfolio data; preparing summary spreadsheets, graphs and tables; and evaluating performance metrics
Utilize and maintain business intelligent tools and dashboards in Power BI; familiarize with visualization best practices in presentation financial and operations data
Assist with cross-functional projects and analysis with various departments within and outside of Finance department
Sharpen communication skills via emails and presentations to other team members, department heads, asset management team, and operating partners
Perform special ad hoc projects and analyses on a frequent basis for department heads and Blackstone asset management team
All of that is really important and technically relevant but also please be kind, fun, and funny

LivCor, a Blackstone Portfolio Company

Leaving people and places better than we found them.

Real Estate

Industry

201-500

Employees

2013

Founded Year

Mission & Purpose

LivCor, a Blackstone portfolio company, is a real estate company specializing in multi-family housing. Currently, LivCor is responsible for a portfolio of over 400 Class A and B properties comprising more than 150,000 units in markets across the United States. Formed in 2013 and headquartered in Chicago, LivCor is committed to creating great places to live, work, and grow.