Internship: Fund Accounting (Summer 2026)

Wilshire Advisors•Santa Monica, CA

12d•$25 - $25•Hybrid

About The Position

Wilshire is seeking a motivated and detail-oriented intern to join our Alternatives Operations Fund Accounting team for Summer 2026. This opportunity is highly collaborative and will give you exposure across various areas of the firm. We are looking for passionate candidates with excellent academic backgrounds and a high willingness to learn. The application deadline is January 23, 2026.

Requirements

Working toward a BA/BS degree in Accounting, Finance, Economics, or a related major, with expected graduation between 12/2026 and 6/2027.
Excellent academic background with strong quantitative/analytical abilities.
Exceptional attention to detail and excellent organizational skills.
Strong written and verbal communication skills.
Collaborative, reliable team player who is self-motivated and demonstrates high integrity and professionalism.
Willingness to learn with a positive, open-minded approach.

Nice To Haves

Previous internship or relevant coursework in accounting, investment operations, or private equity preferred.
Proficiency with Excel and MS Office; familiarity with fund accounting systems a plus.

Responsibilities

Support the team in monitoring and maintaining fund cash balances and daily cash activity; help identify and escalate discrepancies to senior staff.
Assist team members in preparing daily cash analysis, cash position, and forecast reports.
Help with the preparation of financial statements and monthly bank reconciliations, under guidance from experienced staff.
Aid in reviewing underlying investment holdings including cost, fair market value, capital calls, distributions, and unrealized gains/losses for completeness and accuracy as directed by the team.
Assist with tracking capital calls and distributions from underlying investments, helping to ensure accurate and timely recordkeeping.
Help post transactions to the general ledger and maintain supporting documentation as requested.
Work with team members to ensure proper accounting treatment is applied to transactions.
Respond to internal administrative queries alongside senior staff and help maintain accurate contact information for investors and investments.
Provide support during the quarterly client reporting process, audit preparation, mailings, and other fund administration tasks including data entry, scanning, and filing documents.
Contribute to ad hoc reporting and analysis needs.