Fund Accounting Intern: Reconciliations & Cash Forecasting

UMB Bank; Milwaukee (WI); On-site; USD 34,000 - 50,000; Full time

Benefits offered by this job

Paid Time Off

401(k) matching

Annual incentive pay

Paid holidays

Comprehensive benefits including med/d

Dental

Vision

Health savings

Flexible spending

Dependent care accounts

Tuition reimbursement

Employee assistance program

Fitness reimbursement

Associate wellbeing program

Associate emergency fund

Job summary

UMB Bank’s Fund Accounting Intern program supports daily operations for 4 to 5 registered funds, handling reconciliations, security processing and valuations. You will work under a Sr. Lead in a collaborative environment with daily deadlines.

You will gain exposure to cash reconciliations, cash forecasting and working with external vendors such as Bloomberg, building core accounting experience for mutual funds and trust administration.

Responsibilities

• Cash Reconciliation between Fund Accounting and Custody for each individual mutual fund
• Tying reports together to make sure same cash amount is posted
• View daily reports that are emailed from clients
• Cash forecasting for client
• Work with external vendors such as Bloomberg

Job description

UMB Bank’s Fund Accounting Intern program supports daily operations for 4 to 5 registered funds, handling reconciliations, security processing and valuations. You will work under a Sr. Lead in a collaborative environment with daily deadlines.

You will gain exposure to cash reconciliations, cash forecasting and working with external vendors such as Bloomberg, building core accounting experience for mutual funds and trust administration.