Fund Administration Intern - Winter 2027 - Minneapolis, MN

We strive every day to exemplify our CLA values – curious, collaborative, transparent, inclusive, and reliable. We are looking for individuals who believe in accountability for one’s actions, take the initiative to make their vision a reality and place honesty, professionalism, conscientiousness and trust above all else. 

CLA is dedicated to building a culture that welcomes different beliefs and perspectives, so we can truly know and help our clients, communities, and each other.   

Our Minneapolis location is seekingFund Administration interns.   

The anticipated start date for this role is: January 2027

The anticipated end date for this role is: April 2027

Come and see for yourself! 

PRIMARY RESPONSIBILITIES 

• Completes account reconciliations, such as bank reconciliations, accounts receivable, accounts payable, and other accounts for real estate, private equity, and venture capital funds. 

• Prepares financial statements and required work papers to support the financial statements. 

• Processes transactions which may include accounts payable/cash disbursements processing, accounts receivable/cash receipts processing and payroll processing/coordination. 

• Prepares and monitors capital calls and distribution notices to limited partners. 

• Prepares limited partner capital/investor statements. 

• Preparesmanagement fee calculations as well as expense allocations between funds. 

• Identifies client issues concerning generally accepted accounting principles (FASB / SFAS), specifically related to investment companies. 

• Develops and maintains a thorough working knowledge of accounting software packages. 

• Focuses efforts on managing work and key client relationships to exceed client expectations. 

• Expands industry knowledge through greater exposure to peers, clients, regular self-study, and formal training opportunities. 

MINIMUM REQUIREMENTS 

• Working towards the achievement of a bachelor’s degree in Accounting, Finance, or related field – Degree in Accounting or Finance strongly preferred.  

• General knowledge of accounting principles and reporting of financial data. 

• Willingness to learn new technologies. 

• Proficient with Microsoft (MS) Windows and Office products. 

• Reliable transportation and willingness to travel to client sites. 

Our approach to compensation emphasizes collaboration and career growth. We pay competitive wages and view compensation as an investment in our people. Factors such as geography, experience, education, skills, and knowledge may impact position of pay within the range.
The compensation range for this position in Minnesota is: $27.00 to $31.00