Fund Administration Intern - Winter 2027 - Minneapolis, MN

Fund Administration Intern

We strive every day to exemplify our CLA values curious, collaborative, transparent, inclusive, and reliable. We are looking for individuals who believe in accountability for one's actions, take the initiative to make their vision a reality and place honesty, professionalism, conscientiousness and trust above all else.

CLA is dedicated to building a culture that welcomes different beliefs and perspectives, so we can truly know and help our clients, communities, and each other.

Our Minneapolis location is seeking Fund Administration interns.

The anticipated start date for this role is: January 2027

The anticipated end date for this role is: April 2027

Come and see for yourself!

Primary Responsibilities

• Complete account reconciliations, such as bank reconciliations, accounts receivable, accounts payable, and other accounts for real estate, private equity, and venture capital funds.
• Prepare financial statements and required work papers to support the financial statements.
• Process transactions which may include accounts payable/cash disbursements processing, accounts receivable/cash receipts processing and payroll processing/coordination.
• Prepare and monitor capital calls and distribution notices to limited partners.
• Prepare limited partner capital/investor statements.
• Prepare management fee calculations as well as expense allocations between funds.
• Identify client issues concerning generally accepted accounting principles (FASB / SFAS), specifically related to investment companies.
• Develop and maintain a thorough working knowledge of accounting software packages.
• Focus efforts on managing work and key client relationships to exceed client expectations.
• Expand industry knowledge through greater exposure to peers, clients, regular self-study, and formal training opportunities.

Minimum Requirements

• Working towards the achievement of a bachelor's degree in Accounting, Finance, or related field Degree in Accounting or Finance strongly preferred.
• General knowledge of accounting principles and reporting of financial data.
• Willingness to learn new technologies.
• Proficient with Microsoft (MS) Windows and Office products.
• Reliable transportation and willingness to travel to client sites.

Our approach to compensation emphasizes collaboration and career growth. We pay competitive wages and view compensation as an investment in our people. Factors such as geography, experience, education, skills, and knowledge may impact position of pay within the range. The compensation range for this position in Minnesota is: $27.00 to $31.00.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

Wellness at CLA

To support our CLA family members, we focus on their physical, financial, social, and emotional well-being and offer comprehensive benefit options that include health, dental, vision, 401k and much more.

To view a complete list of benefits, click here.