Mutual Fund Accountant Intern - Summer 2027
About The Position
Our top-rated summer internship program is designed to give college students meaningful work experience in specific functions, providing a deeper understanding of the processes of a Fortune 500 financial services organization. The program offers interesting challenges, valuable experience and an opportunity to get to know Thrivent. This 12-week internship is a key piece of Thrivent’s entry-level talent program to ensure a strong talent pipeline to meet the needs of the organization now and into the future. The internship program offers assignments to optimize your skills and experience while giving you exposure to multiple business areas. Do you love preparing, recording, and analyzing accounting activity for multiple investment portfolios? As a Mutual Fund Accountant Intern, you will be responsible for the daily accounting activity associated with pricing mutual funds and variable products. The Fund Accounting Operations department exists to provide effective accounting and reporting principles and practices, in partnership with internal and external customers to achieve Thrivent's goals. In addition, you will work closely with auditors, custodians, transfer agents and sub advisors to gain an understanding of how we here at Thrivent function.
Requirements
- Currently a Junior (Dec. 2027 or May 2028 graduation date) pursuing an undergraduate degree in Accounting, Finance or Economics.
- A history of excellent academic performance (GPA 3.0+)
- Skilled in MS Office tools, including PowerPoint and Excel
- Knowledge and understanding of accounting and financial reporting principles
- Strong analytical and problem-solving skills
- Ability to multi-task and deal with tight deadlines in a team environment
- Detail oriented with strong organizational and time management skills
- Strong oral and written communication skills
Responsibilities
- Preparing cash activity and projections for the portfolio managers, researching and verifying corporate behaviors, verifying daily interest, dividend and expense accruals, and posting security trade and shareholder activity
- Audit, resolve, and approve net asset value/unit value calculations of funds daily to ensure no discrepancies remain undiscovered that would result in reporting an incorrect net asset value
- Prepare monthly reconciliation work papers and ad hoc reports
- Ensure activity between the custodian and accounting system reconciles and correct any discrepancies
- Work with custodian to ensure that funds are receiving all entitled income and principal payments
- Participate in team functions such as pricing, running and distributing daily reports, and sending net asset information to various vendors
- Ensure all accounting activity and detail is accurate for Mutual Fund Accounting Reporting and Tax units. Assist them in meeting all deadlines if necessary
- Assist in preparation of materials for external auditors
Benefits
- medical insurance
- Sick and Safe Time
- paid company holidays
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Intern
