Fund Accounting (Private Assets) Intern
Core
Intern supporting fund accounting operations for private assets including hedge funds, corporations, and private clients.
Role type
Fund Accounting Intern (Private Assets)
Builds
Monthly/Quarterly reporting packs, financial statements, and client deliverables for alternative asset funds.
Domain
Financial Services / Private Equity / Hedge Funds
Required skills
General Ledger maintenance, Cash and Portfolio Reconciliation, Income and Expense Accruals, Capital Activity processing, Management Fee and Waterfall calculations, Trial Balance preparation, Financial Statement preparation with footnotes, Limited Partnership Agreement review, PPM review, Accounting system implementation, Ad hoc reporting, SLA monitoring
Preferred skills
Microsoft Excel proficiency, Financial markets knowledge, Data Literacy, AI-powered tools usage
Technologies
Microsoft Excel, Accounting systems
Responsibilities
Assist in completion of monthly/Quarterly Reporting Pack preparation, Assist in maintenance of the general ledger and various sub-ledgers, Assist in managing cash and Portfolio Reconciliations, Assist in managing income and Expense Accruals, Assist in Capital Activity processing (calls/distributions/transfers), Assist in management Fee and Waterfall calculations, Assist in the preparation and review trial balances, Assist in Financial Statement preparation with footnotes, Assist in the management and monitoring of the timing and quality of client deliverables (SLAs), Assist in liaising with various internal/external parties e.g. auditors, Assist in coordinating with Onboarding team, Tax group, Investor Relations group, Financial Statement group, and other groups at Citco, Assist in preparation and review of capital calls, distributions, and statements, Assist in the review of private equity fund clients limited partnership agreements, PPMs, and other materials, Assist in the implementation of fund structures on accounting system, Assist in the action on ad hoc reports and client requests as needed
Seniority
Intern