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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.
Throughout the internship term this role provides the student with the following:
Learn internal and external financial reporting procedures
Gain a good understanding of corporate budgeting and forecasting
Learn or further develop the process of documenting work performed on projects and communicating effectively with supervisors and company personnel
Further develop skills required to interact with other professionals at varying levels of the company
Further develop time management skills and the ability to be responsible for more than one project at a time
The Finance Intern will report to a Finance Manager and other Finance team members in person in our Cincinnati, OH office.
Assist with Net Operating Income (NOI) & Capital Expenditure forecasting analysis and research variances to budget, prior reforecast, and prior year
Ensure data integrity between general ledger system (MRI) and forecasting system (AE); work in conjunction with FP&A and IT to resolve variances
Work with leasing analyst on new leasing and retention metrics by tenant category
Maintain peer benchmarking files with oversight from corporate analysts
A current university student enrolled in a degree seeking program studying Finance or Accounting with a minimum GPA of 3.0
Strong Excel skills including financial modeling and strong analytic ability
Strong written, verbal, and interpersonal skills a must; the ability to interact with a variety of groups internally and externally, including senior executives
Ability to work independently, with direction and guidance, and on a team (as needed)
Real Estate software (MRI or Argus) experience
Microsoft Power BI experience
Prior internship experience performing corporate financial analysis and modeling
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
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