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Job Description
Accounting & Finance Internship | Homes by WestBay
The Tone:
This is an Accounting & Finance Internship at Homes by WestBay. As a residential homebuilder, Homes by WestBay focuses on creating communities and delivering new homes. This role is crucial in supporting the finance team, ensuring the company operates on budget and schedule through diligent accounting, reporting, and analysis. The intern will gain foundational knowledge of how financial decisions directly impact a homebuilding operation.
The TL;DR
• Role: Internship
• Type: Seasonal
• Team: Supports the finance team
• Mission: To support the finance team with day-to-day accounting, reporting, and analysis to keep residential homebuilding operations on budget and on schedule.
• Tech Stack: Microsoft Excel (pivot tables, VLOOKUP/XLOOKUP, basic formulas), ERP or homebuilder accounting systems (e.g., JD Edwards, Sage, Hyphen, BuildPro, NEWSTAR)
What You’ll Actually Do
• Assist with month-end close activities, including journal entries, account reconciliations, and accrual preparation.
• Support job-cost accounting by reviewing house-level and community-level costs, variance purchase orders, and budget-to-actual reports.
• Help process and review vendor invoices, lien waivers, and trade partner payments in coordination with Accounts Payable.
• Assist in preparing closing packages, including verifying settlement statements and recording home sale revenue and cost of sales.
• Support the preparation of community pro formas, land budgets, and cash flow forecasts.
The Must-Haves
• Background: Entry-Level. Currently pursuing a bachelor’s or master’s degree in Accounting, Finance, or a related field, with an expected graduation within one to two years, demonstrating a solid understanding of basic accounting principles and financial statements.
• Experience: Proficiency in Microsoft Excel, including pivot tables, VLOOKUP/XLOOKUP, and basic formulas.
• Skills: Strong attention to detail, organization, ability to manage multiple deadlines, and clear written and verbal communication.
• Bonus: Minimum cumulative GPA of 3.0; prior internship or coursework in cost accounting, real estate finance, or financial modeling; interest in pursuing a CPA or a career in corporate finance within real estate or construction; familiarity with ERP or homebuilder accounting systems.