GCM Grosvenor is a global alternative asset management solutions provider with a diverse team serving a global client base. The summer intern will be responsible for performing fund accounting functions for partnerships and accounts managed by the Firm, including maintaining accounting ledgers and managing outsourced service providers.
Responsibilities
Maintain the accounting ledgers for fund-of-hedge funds and related investment vehicles
Manage, monitor, and provide guidance to outsourced service providers
Reconcile cash balances for current and expected cash flows
Liaison between the Firm and underlying managers/administrators
Weekly and monthly calculation and reporting of fund performance
Effectively work with other teams throughout the firm, including tax, legal, treasury, client services, etc.
Support investment and client relationship personnel on ad-hoc requests
General accounting responsibilities
Assist in special projects as requested
Qualification
Required
Pursuing a BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets
Knowledge of partnership accounting as well as exposure to financial reporting, auditing, and tax
Demonstrated team player; self-starter; independent thinker; excellent judgment
Positive mind set with an eagerness to learn and desire to build and improve process
Proven ability to work in a fast paced environment with a high level of flexibility, accuracy, and attention to detail
Ability to handle multiple tasks simultaneously
Good written and verbal communication skills
PC experience – advanced knowledge of MS Excel preferred, however, not required
Preferred
Comprehensive healthcare coverage (including medical, dental, vision and life insurance)
Flexible spending accounts
Employer sponsored retirement plan
Paid time off
Parental leave
Short-term and long-term disability
Other care/wellness programs
GCM Grosvenor is an investment management firm that specializes in hedge funds, private equity, real estate, and infrastructure investments.
