Private Equity Intern

Summary

Join HedgeServ's Private Equity department as a Private Equity Intern and gain valuable experience in fund accounting. You will assist in various tasks, including NAV production, investor P&L allocations, capital call processing, reconciliations, and financial statement preparation. The internship offers on-the-job training and supportive supervision. HedgeServ provides a client-focused environment with opportunities for professional development. The role requires a degree in a relevant field, strong IT skills (especially Excel), excellent communication, and a detail-oriented approach. The company offers a robust career development framework and comprehensive health and well-being benefits, including remote and hybrid working arrangements.

Requirements

• Currently pursuing a degree in Accounting, Economics, Finance, Mathematics or Business Degree
• IT Literate with an emphasis on Excel
• Positive attitude with a willingness to learn
• Strong verbal and written communication skills
• Strong attention to detail and well organized
• Strong analytical and problem-solving skills

Responsibilities

• Assist in the production of quarterly NAV, ensuring completion of specified tasks per NAV PE checklists
• Prepare investor P&L allocations as part of monthly and quarterly NAV packages
• Assist in calculating and processing capital calls, capital distributions and statements for closed-end funds
• Perform cash, position and market value reconciliations
• Escalate fund accounting issues and aged items to the Private Equity Supervisor
• Work with the Private Equity Supervisor in calculating and processing income and expense accruals, including trading accruals
• Comply with HedgeServ’s defined checklists, procedures and controls
• Assist in the quarterly financial statement preparation
• Converse and liaise with internal service departments to resolve miscellaneous fund issues

Benefits

• Remote and hybrid working arrangements
• Fully paid comprehensive health and well-being benefits
• Robust career development framework