Mutual Fund Accountant Intern - Summer 2027

thrivent; Appleton (WI); Hybrid; USD 28,000 - 32,000; Full time

Benefits offered by this job

Intern events

Networking opportunities

Job summary

Thrivent is offering a 12-week Mutual Fund Accountant Intern program in Appleton, WI with hybrid work options. The role focuses on daily accounting for mutual fund and variable product prices, working with auditors, custodians, and sub-advisors to learn Thrivent's fund accounting processes.

Ideal candidates are juniors graduating Dec 2027 or May 2028, with a 3.0+ GPA and strong MS Office skills. Compensation ranges from $20.00 to $23.00 per hour, and interns participate in development,

Qualifications

• Currently a Junior pursuing an undergraduate degree in Accounting, Finance or Economics (Dec. 2027 or May 2028 graduation date).
• GPA of 3.0 or higher.
• Strong MS Office skills (PowerPoint and Excel).
• Solid understanding of accounting and financial reporting principles.
• Strong analytical and problem-solving abilities.

Responsibilities

• Prepare cash activity and projections for portfolio managers, verify accruals and posting activity.
• Audit and validate daily net asset value calculations for funds.
• Prepare monthly reconciliation work papers and ad hoc reports.
• Ensure custody and accounting system activity reconciles and is accurate.
• Coordinate with custodians to ensure timely income and principal payments.

Skills

MS Office

Analytical skills

Education

Undergraduate degree in Accounting/Finance/Economics

Job description

Our top-rated summer internship program is designed to give college students meaningful work experience in specific functions, providing a deeper understanding of the processes of a Fortune 500 financial services organization. The program offers interesting challenges, valuable experience and an opportunity to get to know Thrivent. This 12-week internship is a key piece of Thrivent's entry-level talent program to ensure a strong talent pipeline to meet the needs of the organization now and into the future. The internship program offers assignments to optimize your skills and experience while giving you exposure to multiple business areas.

Do you love preparing, recording, and analyzing accounting activity for multiple investment portfolios? As a Mutual Fund Accountant Intern, you will be responsible for the daily accounting activity associated with pricing mutual funds and variable products. The Fund Accounting Operations department exists to provide effective accounting and reporting principles and practices, in partnership with internal and external customers to achieve Thrivent's goals. In addition, you will work closely with auditors, custodians, transfer agents and sub advisors to gain an understanding of how we here at Thrivent function.

Position Responsibilities

• Preparing cash activity and projections for the portfolio managers, researching and verifying corporate behaviors, verifying daily interest, dividend and expense accruals, and posting security trade and shareholder activity
• Audit, resolve, and approve net asset value/unit value calculations of funds daily to ensure no discrepancies remain undiscovered that would result in reporting an incorrect net asset value
• Prepare monthly reconciliation work papers and ad hoc reports
• Ensure activity between the custodian and accounting system reconciles and correct any discrepancies
• Work with custodian to ensure that funds are receiving all entitled income and principal payments
• Participate in team functions such as pricing, running and distributing daily reports, and sending net asset information to various vendors
• Ensure all accounting activity and detail is accurate for Mutual Fund Accounting Reporting and Tax units. Assist them in meeting all deadlines if necessary
• Assist in preparation of materials for external auditors

Position Requirements

• Currently a Junior (Dec. 2027 or May 2028 graduation date) pursuing an undergraduate degree in Accounting, Finance or Economics.
• A history of excellent academic performance (GPA 3.0+)
• Skilled in MS Office tools, including PowerPoint and Excel
• Knowledge and understanding of accounting and financial reporting principles
• Strong analytical and problem-solving skills
• Ability to multi-task and deal with tight deadlines in a team environment
• Detail oriented with strong organizational and time management skills
• Strong oral and written communication skills

Additional Program Information

Offering competitive compensation Full intern event program including development, networking, and social activities.

Location

Appleton, Wisconsin (Hybrid)

Pay Transparency

The applicable hourly wage range for this full-time role is $20.00-$23.00 per hour, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.

The following benefits may be offered for roles working 20 or more hours per week: medical insurance; Sick and Safe Time; paid company holidays, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent's plans/policies are subject to change at any time at Thrivent's discretion.

Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex , gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state , or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation , please let us know by sending an email to [e-mail] or call 800-847-4836 and request Human Resources.