Property Accounting Intern

Description

Company Overview

Cabot Properties is a leading international private equity real estate investment firm specializing in logistics and industrial properties. With a strategic focus on high-growth, global gateway markets, we invest in, develop, and operate modern distribution facilities that power global commerce.

For 40 years, we have delivered value on behalf of our institutional investors through disciplined investment strategies and deep expertise. Our global footprint spans the United States, United Kingdom, Western Europe, Australia, and Japan, where we have built a strong reputation as a trusted partner in the logistics real estate sector.

To date, Cabot has invested over $18 billion in logistics real estate, managing a portfolio of more than 1,750 properties encompassing 245 million square feet and serving over 4,300 tenants. Our scale, experience, and commitment to operational excellence position us as a long-term industry leader in one of the most dynamic segments of commercial real estate.

Job Summary

The Property Accounting Intern will support the Property Accounting team with the accurate and timely completion of financial reporting for Cabot's real estate portfolio. Under the guidance of the Property Accounting Manager and team, the intern will gain hands-on experience reviewing daily transactions, general ledger activity, account reconciliations, property financial statements, annual budgets, and tenant-related accounting. This opportunity is well suited for an organized, analytical student who is eager to apply accounting concepts in a professional real estate environment.

Requirements

Key Responsibilities

Accounting Operations

• Assist the property accounting and property management teams with reviewing general ledger and subledger activity for assigned properties.
• Help record daily cash receipts to tenant ledgers and research routine posting questions.

Financial Reporting

• Assist with monthly and quarterly property financial statements and supporting schedules in accordance with company policies.
• Prepare assigned balance sheet reconciliations, operating expense reconciliations, and variance analyses for review.

Budgeting and Tenant Support

• Support the preparation of annual property budgets and related schedules.
• Assist with annual CAM reconciliations, tenant billings, and supporting documentation.

Coordination and Project Support

• Help maintain accounting deadline calendars, gather information, and follow up on open items to support timely reporting.
• Assist with accounts payable invoice review, ad hoc property management requests, audit support, and other property accounting projects as assigned.

Qualifications & Experience

• Currently pursuing a bachelor's degree in Accounting.
• Coursework in financial or intermediate accounting preferred; prior accounting or real estate experience is helpful but not required.
• Proficiency in Microsoft Office, particularly Excel; exposure to MRI or another accounting system is a plus.
• Strong attention to detail, organization, analytical thinking, and willingness to ask questions.
• Ability to communicate clearly, collaborate across teams, and handle confidential information professionally.

Work Environment & Travel

• Internship conducted primarily in a professional office environment.
• Frequent use of computers and digital communication platforms.
• Limited travel may be required for property site visits or team meetings.
• Reasonable accommodations will be provided in accordance with applicable laws to support individuals with disabilities.

Equal Opportunity Statement

Cabot Properties is an equal opportunity employer committed to creating an inclusive and respectful workplace for all. We provide equal employment opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, gender identity or expression, age, national origin, disability, genetic information, pregnancy, marital or civil partnership status, veteran status, or any other characteristic protected by applicable laws. We believe that diversity, equity, and inclusion are essential to our success, and we strive to foster a culture where every team member feels valued, respected, and empowered to contribute fully.