Fund Administration Intern
CLA (CliftonLarsonAllen)
Minneapolis, MNFresher5d agovia LinkedIn
About the Role
- Seeking Fund Administration interns for the Minneapolis location.
- Anticipated start date: January 2027
- Anticipated end date: April 2027
Key Responsibilities
- Completes account reconciliations (e.g., bank, accounts receivable, accounts payable) for real estate, private equity, and venture capital funds.
- Prepares financial statements and supporting work papers.
- Processes transactions, including accounts payable/cash disbursements, accounts receivable/cash receipts, and payroll processing/coordination.
- Prepares and monitors capital calls and distribution notices to limited partners.
- Prepares limited partner capital/investor statements.
- Calculates management fees and allocates expenses between funds.
- Identifies client issues related to generally accepted accounting principles (FASB / SFAS), specifically for investment companies.
- Develops and maintains a thorough working knowledge of accounting software packages.
- Manages work and client relationships to exceed client expectations.
- Expands industry knowledge through exposure to peers, clients, self-study, and formal training.
Requirements & Tech Stack
- Proficient with Microsoft (MS) Windows and Office products.
- Working knowledge of accounting principles and financial data reporting.
- Willingness to learn new technologies.
Qualifications
- Working towards a bachelor’s degree in Accounting, Finance, or a related field (degree in Accounting or Finance strongly preferred).
- Reliable transportation and willingness to travel to client sites.