2027 Fund Accounting Intern
Schonfeld
Posted 13 Nov 2026, 16:29 ET
This job at a glance
- Who can apply
- New grads and up to 1 year
- Must know
- AccountingTaxValuationBusiness analysisExcel
- Work
- On-site in New York · internship
- Pay
- Not stated by the employer.
- Skill demand
- Accounting38%Tax31%Business analysis19%Valuation6%of 16 similar entry-level jobs posted in the US this week
- Listed
- Nov 13, 2026 · still open
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About the Role
Join Schonfeld's internship program for a ten-week immersive experience within the PM Compensation Accounting Team. You will work alongside professionals on high-profile projects, gaining exposure to the firm's culture and atmosphere.
Key Responsibilities
Compensation Accountants are responsible for processing formulaic bonus calculations, ensuring appropriate payment to Investment Professionals, and maintaining the firm's deferred compensation program. Potential projects include:
- Design & develop shared resources to streamline workflows of various Accounting Sub-Groups (Compensation Accounting, Fund Accounting, Business Analytics, P&L Valuations, Management Accounting & Tax).
- Document detailed workflows between sub-groups to identify areas of improvement & potential synergy.
- Specific projects assigned by Compensation Accounting.
You will gain an understanding of the wider Accounting team's core goals and responsibilities, including daily performance reporting, month-end payout estimate calculations, and final month-end Portfolio Manager (“PM”) Statements. This role offers a high-level view of the PM lifecycle and its translation into performance and reporting, while also focusing on granular workflows for streamlining and improvement.
Requirements & Tech Stack
- Enrolled in a 4-year Accounting/Finance/Business Program.
- Strong working knowledge using Excel (pivot tables, lookup functions, count/sumifs, index match, etc.).
- VBA is a plus.
Qualifications
- Excellent communication skills; ability to articulate issues and solutions to different audiences.
- Demonstrate sensitivity and judgment in handling confidential information.
- Process and detail-oriented with a strong work ethic and team-focused attitude.
- Able to adapt to frequent changes in the business operating environment.
- Highly organized and self-motivated.
Schonfeld Summer Internship
This 10-week program offers the opportunity to build solutions for real-world challenges, build impact, and accelerate your career. You will be paired with a dedicated manager and mentor, connect with senior leaders, attend skills workshops, and network at social events.