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Operations Summer Associate

Operations Summer Associate

companyGreystar
locationBaltimore, MD, USA
PublishedPublished: 11/21/2024
Procurement / Operations
Full Time

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $320 billion of real estate in 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 977,000 units/beds globally, and has a robust institutional investment management platform comprised of more than $78 billion of assets under management, including over $36 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.


JOB DESCRIPTION SUMMARY

Interested in advancing your career in Real Estate Operations with a global industry leader? The MBA Operations Summer Associate will support Greystar’s modular manufacturing business (Modern Living Solutions by Greystar) and closely with the Senior Director of the line of business. The team member will be involved in all day-to-day management aspects of running the business, including (but not limited to) financial modeling and reporting, factory operations, accounting, real estate development, construction, and manufacturing management.

JOB DESCRIPTION

The Greystar MBA Summer Associate Program is a 10-week immersive experience designed to challenge and inspire. As an associate, you will apply your MBA coursework and professional experience to real-world projects, gaining hands-on exposure across the entire lifecycle of development. You’ll have the opportunity to collaborate with teams in development & construction, investment management, property management, and enterprise services, providing a holistic view of our business.

The program culminates with a Final Capstone Project, where you will present strategic recommendations to senior leadership. Through structured mentorship, cross-functional exposure, and executive engagement, you will expand your industry knowledge, build valuable relationships, and enhance your path toward a successful career in real estate.

The program will run from June 2, 2025 – August 8, 2025.

Applications will close on 12/8/2024

Essential Responsibilities:

  • Develops and maintains knowledge of modular manufacturing and real estate development operations.
  • Conducts financial analysis of opportunities for future projects, including but not limited to pro-forma and financial models.
  • Conducts financial planning and analysis for future project scenarios to determine risk(s) and profitability profiles.
  • Partners with Senior Director to ensure communication is consistent and streamlined between manufacturing, development, and construction.
  • Reviews all requirements for new projects and manage information flow amongst key business partners.
  • Documents existing processes and develop suggestions for improvements.
  • Aids in financial reviews and budget management.
  • Analyze monthly financial statements and develop recommendations to enhance profitability.
  • Develops, implements, and analyses critical inventory controls and KPIs.
  • Develops cost reports for factory management, to include but not limited to production performance reports, waste monitoring reports, scrap and repair reports, inventory variance reports, expense/consumable reports, and other inventory management and managerial accounting reports requested by leadership.
  • Provides purchasing planning and control information by collecting, analyzing, and summarizing data and trends, and communicates with management regularly regarding the efficient flow of goods and services affecting production.
  • Evaluates purchasing operations while seeking ways to limit the inventory on hand and enhance the inventory turnover. 
  • Conducts cost analyses and sets benchmarks for improvements.
  • Manages processes for monitoring inventory levels and determining proper purchase cadences.
  • Improves manufacturing efficiency by analyzing and planning workflow, space requirements, and equipment layout.
  • Establishes and maintains professional communication with all internal and external project stakeholders.

Qualifications & Education Requirements: 

  • Undergraduate degree from accredited university in Industrial Engineering, Civil Engineering, Manufacturing, or Construction Management.
  • Enrolled in MBA program with exceptional academic standings graduating in May 2026
  • Demonstrated ability to read, write, and communicate effectively to prepare and explain data to team members and key business partners.
  • Demonstrated ability to apply principles of logical thinking to define and correct problems.
  • Demonstrated proficiency in word processing, spreadsheet, and database management programs to complete required reports.
  • Demonstrated mathematical skills necessary to add, subtract, multiply, and divide numbers, decimals, and fractions, and calculate percentages in order to complete financial records, budgets, and other fiscal reporting information

COMPENSATION & BENEFITS

Compensation is based on geographic location and individual pay decisions will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

Onsite Property Positions: In addition to the base salary, may be eligible for a discretionary weekly, monthly and/or quarterly bonus based on budget.

Greystar seeks to attract, recruit, advance and retain top talent. Greystar’s compensation strategy is tailored to appropriately reward the skillset and experience that a team member will bring to the organization.

Benefits Offered for Temporary Team Members:

  • Employee Assistance Program
  • Paid sick time

For Union and Prevailing Wage roles compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.