Summer 2027 Payroll Intern (June-August)

Massachusetts Financial Services Company; Boston (MA); Hybrid; USD 29,000 - 34,000; Full time

Benefits offered by this job

Hybrid work environment

Job summary

MFS is offering a Summer Internship in our payroll team in Boston. The program runs 10-12 weeks, from June 9, 2027 to August 13, 2027, with full-time hours (35-40 per week) paid hourly.

The internship provides meaningful exposure to corporate finance within a collaborative, community-focused firm. Interns will perform timesheet review, payroll data entry, reconciliations, and various analyses, gaining hands-on experience in general ledger activity and quarterly reporting in a hybrid work

Qualifications

• Excellent interpersonal and communication skills to work effectively in a team environment.
• Detail-oriented with good organizational skills, and self-motivated.
• Ability and willingness to handle multiple tasks within a fast-paced casual yet professional environment

Responsibilities

• Timesheet review and data entry
• Assist with reviewing payroll entries and reconciliations.
• Filing and organizing of various payroll periods.
• Monthly analysis of general ledger accounts and activity.
• Assist in quarterly performance package preparation.
• Adhoc analysis as required.

Job description

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters - to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

MFS is a premier investment management firm with a rich history and a growing global reputation. Since 1924, when our founders invented the mutual fund, collaboration and innovation have fueled our success. When you join our team, you will be challenged by the work you do, and you will share your talents with a vibrant network of vested individuals to create an elite organization and build a rewarding career.

This Intern experience provides participants with a meaningful, relevant work experience as part of their academic studies. In addition to daily responsibilities, participants will have the opportunity to participate in a series of structured activities designed to enhance their learning experience including:

• Intern New Hire Orientation
• Senior Leadership Speaker Series
• Social & Networking Events
• Presentation Challenges

The MFS Summer Internship program is a 10-12-week program, starting June 9th, 2027, and ending on August 13th, 2027. Students work full-time, Monday through Friday, 35-40 hours per week and are paid hourly. All applicants must be authorized to work in the United States. Internships are open to students who are rising seniors (class of 2028). MFS is a hybrid work environment (with 2 remote days and 3 on-site days) unless otherwise stated in the job posting.

THE ROLE

Our Payroll team is integral in ensuring that all of our associates are compensated in a timely and effective manner. The intern on this team will be fully immersed on the team, and responsible for critical reporting and updates that our associates rely on daily. This is a great opportunity for someone looking to learn more about corporate finance, as well as overall exposure to the asset management industry.

WHAT YOU WILL DO

• Timesheet review and data entry
• Assist with reviewing payroll entries and reconciliations.
• Filing and organizing of various payroll periods.
• Monthly analysis of general ledger accounts and activity.
• Assist in quarterly performance package preparation.
• Adhoc analysis as required.

WHAT WE ARE LOOKING FOR

• Excellent interpersonal and communication skills to work effectively in a team environment.
• Detail-oriented with good organizational skills, and self-motivated.
• Ability and willingness to handle multiple tasks within a fast-paced casual yet professional environment

Hourly Pay Rate: $21.00-$25.00

MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document, linked for your reference.

#LI-HYBRID

MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting