About the role#
This 12-week summer internship provides hands-on experience in the Fund Accounting Operations department. You will support the daily accounting activity required to price mutual funds and variable products. You will work alongside auditors, custodians, transfer agents, and sub-advisors to understand how financial operations function within a large organization.
What you'll do#
- Prepare cash activity and projections for portfolio managers.
- Research and verify corporate behaviors.
- Verify daily interest, dividend, and expense accruals.
- Post security trade and shareholder activity.
- Audit, resolve, and approve daily net asset value and unit value calculations.
- Prepare monthly reconciliation work papers and ad hoc reports.
- Reconcile activity between the custodian and accounting systems, correcting any discrepancies.
- Coordinate with the custodian to ensure funds receive all entitled income and principal payments.
- Participate in team functions such as pricing, distributing daily reports, and sending net asset information to vendors.
- Ensure accounting detail is accurate for reporting and tax units.
- Assist in preparing materials for external auditors.
What you'll need#
- Current Junior status with a graduation date of December 2027 or May 2028.
- Undergraduate degree pursuit in Accounting, Finance, or Economics.
- Academic GPA of 3.0 or higher.
- Proficiency in MS Office, specifically Excel and PowerPoint.
- Understanding of accounting and financial reporting principles.
- Strong analytical and problem-solving skills.
- Ability to manage multiple tasks and meet tight deadlines.
- Organizational, time management, and communication skills.
Location & details#
- Location: Appleton, Wisconsin.
- Modality: Hybrid.
- Term: Summer 2027.
- Status: Full-time paid internship.
About Thrivent
Thrivent is a financial services organization founded in 1902. Based in Minneapolis, the company provides financial advice, insurance, banking, and investment services. It serves over 2 million clients. The firm operates as a private organization with approximately 9,000 employees.
How to get in at Thrivent
Applying early is a distinct advantage at Thrivent because recruiters review applications as they arrive. Intern Insider sends an instant alert the moment a role matching your target is published, so you can submit your materials before the applicant pool grows large. This helps you avoid the common frustration of your resume getting lost in a massive queue. You can also improve your response rates by reaching out to the right people. Intern Insider surfaces the specific recruiters behind Thrivent roles, allowing you to contact them directly to ask about the position or a potential referral. A brief, professional note to a human being often carries more weight than a standard application.
