2027 Fund Accounting Intern

The Role We are excited to offer an opportunity for talented students to join the internship program at Schonfeld. You’ll spend ten weeks within the PM Compensation Accounting Team where you will be immersed in the culture and atmosphere of Schonfeld, working alongside talented professionals on high profile projects. Compensation Accountants at Schonfeld take on a wide range of responsibilities and challenges. They are primarily responsible for processing formulaic bonus calculations and ensuring appropriate payment to Investment professionals and maintaining a deferred compensation program at the firm. You may help with the following projects: You may help with the following projects: Design & develop shared resources to streamline workflows of the various Accounting Sub-Groups (Compensation Accounting, Fund Accounting, Business Analytics, P&L Valuations, Management Accounting & Tax) Document detailed workflow between sub-groups to identify areas of improvement & potential synergy Specific projects assigned by Compensation Accounting. What You’ll Do Understand the core goals & responsibilities of wider Accounting team which include but are not limited to, daily performance reporting, month end payout estimate calculation & final month end Portfolio Manager (“PM”) Statements. Working with the various sub-groups will allow the candidate to get a high-level view of the lifecycle of a PM and how it translates into performance and the subsequent necessary reporting. It will also allow the candidate to focus on granular workflows & contribute to streamlining & improving them. What You’ll Bring Enrolled in 4-year Accounting/Finance/Business Program Strong working knowledge using Excel (pivot tables, lookup functions, count/ sumifs, index match, etc.) VBA is a plus Excellent communication skills; ability to articulate issues and solutions to different audiences Demonstrate sensitivity and judgement in handing confidential information Process and detail oriented with a strong work ethic and team focused attitude Able to adapt to frequent changes in the business operating environment Highly organized and self-motivated Our Internship Kick-start your career in finance with the Schonfeld Summer Internship! Over the course of 10 action-packed weeks, you will have the opportunity to build solutions that tackle real-world challenges and leave a lasting impact on the firm. As an intern, you’ll join a close-knit team that is ready to support your growth and accelerate your career. We will pair you with a dedicated manager and a mentor who’ll guide your development over the course of the internship and beyond. Throughout the program, you will have the chance to connect with senior leaders through a series of learning sessions, attend hands-on skills workshops, network at social events and get a behind-the-scenes look at how various functions power the firm. We’ll empower you to bring your ideas to life and make an impact. Who We Are Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income. Our Culture At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls. The annual base pay for this role is expected to be between $100,000 and $115,000 which will be prorated based on internship start and end date. The expected base pay range is based on information at the time this post was generated. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications and experience and level of education. __PRESENT