Fund Accounting Intern: NAV, Reconciliation & Cash Forecasting

NWU; Columbus (OH); On-site; USD 65,000 - 90,000; Full time

Job summary

NWU in Columbus seeks a candidate pursuing a bachelor’s degree in accounting or finance to join our Fund Accounting team. The role focuses on NAV calculations, daily trading oversight, and accurate posting of fund transactions.

The position requires familiarity with investment vehicles, strong analytical and communication skills, and a meticulous, collaborative approach to ensure timely reporting and audits. Proficiency with Microsoft Office and Adobe Acrobat is expected.

Qualifications

• Pursuing a bachelor’s degree in accounting, finance, business, or related field.
• Knowledge of accounting and finance principles for basic investment vehicles.
• Familiarity with stocks, bonds, options, and futures.
• Proficiency in Microsoft Office Suite and Adobe Acrobat.
• Strong troubleshooting skills using creative and critical thinking.
• Multitasking, analytical, and organizational abilities.
• Personal integrity, responsibility, and accountability.
• Effective use of resources in collaboration with associates.
• Problem-solving and decision-making participation.
• Clear and concise written and oral communication.

Responsibilities

• Perform daily accounting functions for assigned funds, including calculating and delivering net asset values (NAV) for various mutual funds.
• Update and monitor daily trading, general ledger activity, and pricing of funds to ensure accuracy of NAV calculation.
• Ensure all fund transactions are properly posted to the accounting system.
• Apply accounting and finance principles to various asset types, primarily equity-like securities.
• Provide fund advisors with forecasted available cash for funds every morning promptly and accurately.
• Perform special projects as assigned.
• Reconcile fund records to custodian, transfer agent, and portfolio groups daily.
• Prepare and reconcile daily trial balances for assigned funds.
• Collaborate with Fund Accounting, Transfer Agency, and Middle Office departments as needed.
• Maintain contact with external business partners regarding audits, inquiries, or reporting requirements.

Skills

NAV calculation

Fund accounting

Reconciliation

Analytical thinking

Microsoft Office

Communication skills

Education

Pursuing Bachelor's degree in accounting/finance

Tools

Microsoft Office Suite

Adobe Acrobat

Job description

NWU in Columbus seeks a candidate pursuing a bachelor’s degree in accounting or finance to join our Fund Accounting team. The role focuses on NAV calculations, daily trading oversight, and accurate posting of fund transactions.

The position requires familiarity with investment vehicles, strong analytical and communication skills, and a meticulous, collaborative approach to ensure timely reporting and audits. Proficiency with Microsoft Office and Adobe Acrobat is expected.