About the role#
This is a 10-week summer internship program based in New York. You will join the PM Compensation Accounting team to work on projects alongside accounting professionals. The role is full-time and on-site.
What you'll do#
- Design and develop shared resources to streamline workflows across accounting sub-groups.
- Document detailed workflows between sub-groups to find areas for improvement and synergy.
- Complete specific projects assigned by the Compensation Accounting team.
- Gain an understanding of the broader accounting team goals, including daily performance reporting, month-end payout estimate calculations, and final month-end Portfolio Manager statements.
- Contribute to the improvement of granular workflows.
What you'll need#
- Enrollment in a 4-year Accounting, Finance, or Business program.
- Strong working knowledge of Excel, including pivot tables, lookup functions, count/sumifs, and index match.
- Experience with VBA is a plus.
- Excellent communication skills with the ability to explain issues and solutions to different audiences.
- Ability to handle confidential information with sensitivity and sound judgment.
- A process- and detail-oriented mindset.
- Strong work ethic and a team-focused attitude.
- Ability to adapt to frequent changes in the business operating environment.
- High level of organization and self-motivation.
Location & details#
- Location: New York, New York.
- Term: Summer 2027.
- Work Modality: On-site.
- Compensation: This is a paid internship.
About Schonfeld
Schonfeld is a multi-strategy hedge fund established in 1988. Based in New York, the firm operates across five continents. It employs between 501 and 1,000 people. The company focuses on four core strategies including quantitative, fundamental equity, tactical trading, and discretionary macro and fixed income.
How to get in at Schonfeld
Applying early to Schonfeld gives you a distinct advantage, as recruiters often review candidates before the applicant pool grows too large. Intern Insider sends an instant alert the moment a role matching your target is published, helping you get your materials in before the pile grows. You can use this lead time to refine your application and ensure your background aligns with their specific investment strategies. Reaching out to the right person at Schonfeld often yields better results than submitting through a general portal. Intern Insider surfaces the recruiters behind the company roles, allowing you to connect directly to ask about the position or a potential referral. This direct approach materially improves your response rates compared to standard submissions.
