2027 Fund Accounting Summer Intern

The role

The summer intern will perform fund accounting functions for partnerships and accounts managed by the Firm. This includes maintaining accounting ledgers and reviewing monthly investment valuations.

What you will do

• Maintain the accounting ledgers for fund-of-hedge funds and related investment vehicles
• Review monthly investment valuations utilizing practical expedient
• Manage, monitor, and provide guidance to outsourced service providers
• Reconcile cash balances for current and expected cash flows
• Liaison between the Firm and underlying managers/administrators
• Weekly and monthly calculation and reporting of fund performance
• Work with other teams throughout the firm, including tax, legal, treasury, client services, etc.
• Support investment and client relationship personnel on ad-hoc requests
• General accounting responsibilities
• Assist in special projects as requested

Required qualifications

• Pursuing a BA/BS in Accounting/Finance with outstanding academic credentials
• Knowledge of partnership accounting as well as exposure to financial reporting, auditing, and tax
• Demonstrated team player
• Self-starter
• Independent thinker
• Excellent judgment
• Positive mind set with an eagerness to learn and desire to build and improve process
• Proven ability to work in a fast paced environment with a high level of flexibility, accuracy, and attention to detail
• Ability to handle multiple tasks simultaneously
• Good written and verbal communication skills
• Curiosity about AI and a willingness to use AI-enabled tools, such as Claude and ChatGPT, to improve producitvity, problem-solving, and day-to-day workflows

Nice to have

• applicable coursework or internship in the field of investments or financial markets
• advanced knowledge of MS Excel

Before you apply

• This position is not eligible for employer visa sponsorship now or in the future
• Applicants must be currently authorized to work in the United States without the need for employer sponsorship now or in the future
• Applicants requiring future sponsorship for continued work authorization are not eligible

About the company

GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $97 billion in assets under management. The firm has specialized in alternatives for more than 54 years.