Fund Accounting Intern

SUMMARY

The summer intern will be responsible for performing certain fund accounting functions for partnerships and accounts managed by the Firm.

RESPONSIBILITIES          

The summer intern will be involved in the following critical activities:

• Maintain the accounting ledgers for fund-of-hedge funds and related investment vehicles
• Review monthly investment valuations utilizing practical expedient
• Manage, monitor, and provide guidance to outsourced service providers
• Reconcile cash balances for current and expected cash flows
• Liaison between the Firm and underlying managers/administrators
• Weekly and monthly calculation and reporting of fund performance
• Effectively work with other teams throughout the firm, including tax, legal, treasury, client services, etc.
• Support investment and client relationship personnel on ad-hoc requests
• General accounting responsibilities
• Assist in special projects as requested

EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS

The ideal experience and critical competencies for the role include the following:

• Pursuing a BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets
• Knowledge of partnership accounting as well as exposure to financial reporting, auditing, and tax
• Demonstrated team player; self-starter; independent thinker; excellent judgment
• Positive mind set with an eagerness to learn and desire to build and improve process
• Proven ability to work in a fast paced environment with a high level of flexibility, accuracy, and attention to detail
• Ability to handle multiple tasks simultaneously
• Good written and verbal communication skills
• PC experience – advanced knowledge of MS Excel preferred, however, not required