Fund Accounting Intern

HedgeServ is a fast-growing service-driven global administrator. We feature a unique technology platform with one of the most experienced service teams in the industry. HedgeServ provides fund administration, middle office services, integrated risk & portfolio management, regulatory & compliance reporting, tax support, and complete shadow accounting services, underpinned by SOC 1 certified controls. HedgeServ supports all investment strategies within hedge funds, funds of hedge funds, private equity funds, asset managers, managed accounts and managed account platforms, UCITS funds, and other institutional investment programs such as pensions and endowments. Our services are completely customized for the needs of our individual hedge fund, fund of hedge funds and private equity fund clients. HedgeServ employs professionals globally across offices in the United States (New York & Dallas), Grand Cayman, Ireland (Dublin & Cork), Luxembourg, Poland (Krakow), Bulgaria (Sofia), and Australia (Sydney).

Job Description

As a top-ranked, rapidly growing independent fund administrator, HedgeServ has new exciting paid internship opportunities for talented accounting, business, and finance students.

Our aim within the program is to develop and motivate top students as Fund Accountants by building challenging roles for them; helping them develop valuable skills; and giving them direction in their future career choices.

Every Fund Accounting Intern will receive excellent Induction Training, in addition to both compulsory training as well as technical and personal development.

Key Responsibilities

• Assist in the production of daily, weekly and monthly NAV, ensuring completion of specified tasks per NAV checklists
• Perform cash, position and market value reconciliations between HedgeServ, brokers and clients
• Identify and investigate break items on reconciliations in a timely manner
• Escalate fund accounting issues and aged items to the Fund Accounting Supervisor
• Ensure all positions are priced correctly
• Verify corporate actions to ensure accurate processing
• Prepare daily profit and loss reports and review for reasonableness
• Calculate and process income and expense accruals including fee calculations and trading accruals

Job Requirements for the role

Education:

• Student of minimum 3rd year preferred (Business, Accounting or Finance or similar)

Personal skills:

• Availability minimum 40h/week
• Good English skills
• Strong academic background
• IT Literate and Excel experience
• Strong analytical and problem-solving skills
• Strong attention to detail and well organized
• Strong interpersonal skills
• Reliable, dependable and committed
• Team player

Benefits:

• Professional environment with great development opportunities
• Enjoy a start-up like environment on the back of a well-established and profitable company
• Work in a culture that rewards results
• Be free to make many of your own decisions
• Possibility of long-term employement after the internship

For further information, and to apply, please visit our website via the “Apply” button below.