Property Accounting Intern (Summer 2027)

Phillips Edison & Company LTD; Cincinnati (OH); On-site; USD 21,000 - 28,000; Full time

Job summary

Phillips Edison & Company, Inc. (PECO) invites applications for the Property Accounting Intern role in Cincinnati, OH.

You will gain hands-on experience with monthly close processes, rent charges, and CAM reconciliations while sharpening Excel skills and learning PECO's accounting systems. As an undergraduate student in Accounting or a related field with a 3.0 GPA or higher, you will work full-time during the semester, support a property accounting team, and develop time-management and

Qualifications

• A current undergraduate student studying Accounting or a business-related field with a GPA of 3.0 or higher.
• Proficiency in Microsoft Office products, especially Excel.
• Ability to work independently, with direction and guidance, and on a team.
• Excellent organizational skills with proven ability to balance multiple priorities.

Responsibilities

• Review rent charges for accuracy and ensure contracts and vendors are billed correctly.
• Assist in monthly close duties and various special projects.
• Prepare monthly utility accruals and fixed asset additions/disposals.
• Complete fixed asset roll-forwards and depreciation review for multiple properties.

Skills

Excel

Multitasking

Attention to detail

Teamwork

Education

Undergraduate in Accounting or business-related field with GPA ≥ 3.0

Tools

Microsoft Office

Job description

About us

Phillips Edison & Company takes PRIDE in creating great omni-channel grocery-anchored shopping experiences and improving communities, one center at a time. PECO’s culture is fueled by the ENERGY our team brings to work every day - to find creative solutions and create value for our centers, our investors, our communities and the greater world around us. PECO’s culture is driven by our team’s CONNECTION to each other and the communities in which we live and work. PECO embraces the OPPORTUNITY to source and implement creative and sustainable programs to create a positive impact on the environment. Phillips Edison’s operating platform provides retail services including acquisition, redevelopment, leasing and management of grocery-anchored retail centers.

What you’ll do

The Property Accounting Intern will report to a Property Accounting Team Lead and work with other team members in person in our Cincinnati, OH office. Gain a further understanding of the various accounting systems, the monthly accounting close process and reporting cycle, and further develop excel skills. Assist in various month-end close functional team duties (i.e., review various rent charges for accuracy, ensure contract services are billed automatically based on contracts with vendors, monthly utility accrual preparation, fixed asset additions, disposals and completion of fixed asset roll- forwards) Perform various special projects throughout the month (i.e., review invoices for accuracy of capitalization requirements, review depreciation additions, assist in the common area maintenance (CAM) reconciliations for over 300 properties)

What you’ll learn

Throughout the internship term this role provides the student with the following: Develop techniques to reconcile accounting on the general ledger and how to resolve discrepancies. Develop skills required to interact with other professionals at varying levels throughout the company. Develop time management skills and the ability to be responsible for more than one project at a time. Learn the process of documenting work performed on projects and communicating effectively with supervisors and other company personnel.

What we’re looking for

• A current undergraduate student who is able to work full-time during the semester
• A current university student enrolled in a degree seeking program studying Accounting or another business-related field with a minimum GPA of 3.0
• Proficiency in Microsoft Office products, especially Excel
• Ability to work independently, with direction and guidance, and on a team (as needed)
• Excellent organizational skills with proven ability to balance multiple priorities at once

Why PECO?

With consistent recognition as one of Cincinnati's top workplaces for 10 consecutive years, PECO's success as one of the nation's largest owners and operators of grocery-anchored shopping centers is driven by a strong employee culture and a small company feel. PECO values diversity, equity, and inclusion through various employee resource groups, and offers numerous wellness programs - including an on-site fitness facility and fitness classes. At PECO, associates enjoy meaningful interactions with one another, creating an energetic, high performing, yet relaxed work environment where individuals truly enjoy being a part of the team.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Phillips Edison & Company, Inc. (PECO) is one of the nation’s largest owners and operators of grocery-anchored shopping centers. Our diversified portfolio of well-occupied neighborhood shopping centers features a mix of national and regional retailers selling necessity-based goods and services in strong demographic markets throughout the United States. For 35 years our fully integrated operating platform of talented in-house professionals has provided hand-on, locally smart management, leasing and acquisition services. Designed to support the businesses operating at each center (who we call Neighbors), our goal is to provide the most effective array of goods and services to local consumers and offer a safe and welcoming shopping experience that contributes to, and enhances, the vitality of each neighborhood.