Summer Intern, Finance

Company Description:

Lightstone, founded by David Lichtenstein, is one of the most diversified privately held real estate companies in the United States. Headquartered in New York City, Lightstone is active in 28 states across the country, developing, managing and investing in all sectors of the real estate market, including residential, hospitality, commercial, and retail. With 240 existing properties, Lightstone’s over $12 billion portfolio currently includes over 16 million square feet of industrial, life sciences, and commercial properties, over 25,000 residential units, and over 5,100 hotel keys. Lightstone’s development portfolio includes over $3.5 billion developed in the residential and hospitality sectors spread across New York City, Los Angeles, and Miami.

POSITION OVERVIEW:

Lightstone is seeking to hire one summer intern within the accounting/finance department to help support the team in a number of key finance functions, including Treasury, Financial Planning & Analysis, and insurance Accounting. The ideal candidate will be highly motivated with strong analytical skills, pursuing a degree in either Accounting or Finance, and enjoy flexible and dynamic project-based analysis. . 

This is a full-time, non-exempt role running from approximately June 15th to August 14th.

If you seek and thrive working with a small team that offers significant and daily exposure to the Company’s senior leadership, our team is the right fit! Our best candidates are highly entrepreneurial, strategic and creative mindsets, and can handle rapid learning, multitasking and prioritizing. Come join us this summer for an enriching and educational experience!

ESSENTIAL FUNCTIONS:

• FP&A Functions
  • Review the various investments with senior management and present analysis including internal rate of return (“IRR”) calculations and other performance metrics. 
  • Monitor REIT performance and assist in external public reporting
• Reinsurance Business 
  • Work with the controller and CFO on various finance items related to the Company’s reinsurance business, a fast-growing segment within the Lightstone Group. 
  • Produce external reporting for the company’s counterparty and banking relationships 
    • Excel-based Financial Reporting
    • Pro-forma Analysis
    • Dynamic/Automatic Inputs/Outputs
• Treasury Management 
  • Review of cash reporting across the company
  • Projecting and producing estimates for both future cash outlays as well as forecasts for each company business line
• Best Practice initiatives to provide leadership with forward-looking financial reporting

COMPETENCIES AND EXPERIENCE:

• Prior accounting or finance experience a plus
• Strong analytical and quantitative skills, including financial analysis skills
• Experience with presentations and other thought leadership a plus 
• Excellent working knowledge of Microsoft Office suite, with a particular focus on Excel skills 
• Ability to thrive in an environment that is highly entrepreneurial, both strategic and creative, which requires rapid learning, multitasking and prioritizing under tight deadlines
• Superior verbal, written communications and presentation skills
• Strong process management skills
• Demonstrated ability to identify errors, problems, opportunities and effectively problem solve