Accounting in Real Estate Program – Bridgeport, CT

Start Date: October-November 2024
Training Duration: 18 months
Hours: 32-40 hours per week
Compensation: $18.00 per hour
Housing: not provided

Host Company Description:

Located in Bridgeport, CT, the host company is a non-profit, affordable housing provider. They have been committed to improving the quality of life in communities with housing and services with a goal of financial self-sufficiency for families, veterans, and seniors throughout the state. They are seeking dedicated individuals who are interested in learning different aspects of business operations in a property management setting.

Position Description:

Individuals will receive hands-on experience in financial reporting, budgeting, and property accounting, providing valuable insights into real estate operations. Trainees can expect to learn how to manage accounts payable/receivable, assist with month-end closings, and gain proficiency in industry-specific accounting software, preparing them for a career in property management accounting.

• Support the preparation of monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with company standards.
• Process invoices, track payments, and manage accounts receivable, including tenant rent collection and vendor payments.
• Perform regular bank reconciliations, identifying discrepancies and working to resolve any issues promptly.
• Accurately enter financial transactions into the accounting software, maintaining organized and up-to-date records of all financial activities
• Assist in monitoring and analyzing property budgets, identifying variances, and providing reports to management for decision-making

Applicant Qualifications:

• To apply for the Trainee program, applicants must hold Business / Accounting / Finance degrees and have at least 1 year of professional work experience related to the degree, OR be career professionals of 5 or more years in this field
• Proficiency in Microsoft Excel and familiarity with accounting software (e.g. Quickbooks, Yardi) is preferred; basic understanding of financial statements and general ledger.
• Excellent English skills- Strong written and oral interpersonal and communication skills.
• Demonstrated ability to read, analyze, and interpret general business periodicals, professional journals technical procedures and/or government regulations.