Fund Accounting Summer Intern Job at Alter Domus, North Arlington, NJ

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  • Alter Domus
  • North Arlington, NJ

Job Description

ABOUT US:

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take. 

Find out more about life at Alter Domus at careers.alterdomus.com

 

FUND ACCOUNTING DESCRIPTION:

Our Fund Accounting business units act as a third-party intermediary between fund managers and investors to verify and distribute assets tied to investments. The role of a fund administrator can vary depending on the fund’s specific demands and industry. These positions work closely with our clients and are a great introduction to alternative investing.

 

We have internships open in the following groups for Summer 2026:

  • Real Estate (Carmel, Chicago, Salt Lake City): Includes property accounting along with funds accounting. Gain knowledge of Real Estate Investing and the Real Estate market.
  • Credit (Boston, Carmel, Chicago): Primarily working with bank/syndicated loans and hedge funds.
  • Private Equity (Chicago, Ogden, Salt Lake City): Primarily working with Private Equity.

 

Internship Timing : June 2, 2026 – August 6, 2026 

 

YOUR RESPONSIBILITES: 

  • Prepare cash and journal entries bank reconciliations
  • Assist with financial statement preparation and period end closings 
  • Interact with clients through email and taking part in calls 
  • Participate in quarterly and annual audit functions 
  • Process and track daily cash contributions and distributions for investment fund client 
  • Participate in Alter Domus Intern Programming around professional development, career progression, and presentation
  • Attend in-person and virtual networking events

 

YOUR PROFILE: 

  • Pursing a Bachelor’s Degree in Accounting or Finance with a strong accounting focus or a previous accounting internship
  • Strong interest in Fund Accounting as a career 
  • Current Junior with an expected graduation date between December 2026 - August 2027 
  • Proficient with Excel 
  • Ability to prioritize tasks, work on multiple assignments, and manage ambiguity 
  • Strong verbal and written communication skills 
  • Demonstrated leadership, learning, and collaboration
  • Customer centric mindset 
  • Detail oriented with strong analytical and problem-solving skills
  • Ability to work responsibly in a hybrid environment 
  • Authorized to work in the US without the need for employment-based sponsorship now or in the future 

The budgeted hourly range for this role is $23.00 - $25.00 per hour based on level of experience.

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WHAT WE OFFER:

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning. 

 

Our global benefits also include:

  • Support for professional accreditations 
  • Flexible arrangements, generous holidays, plus an additional day off for your birthday!
  • Continuous mentoring along your career progression 
  • Active sports, events and social committees across our offices 
  • 24/7 support available from our Employee Assistance Program 
  • The opportunity to invest in our growth and success through our Employee Share Plan 
  • Plus additional local benefits depending on your location 

 

Equity in every sense of the word:

We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong. 

We celebrate our differences, and recognise that our success relies on diverse perspectives and experiences, as we work towards shared goals and a common purpose. We take pride in creating a workplace where all our people are empowered to be truly invested in the alternative and bring their whole selves to work.

We are committed to ensuring a welcoming recruiting and onboarding process for everyone. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you. Alter Domus is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status. 

(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: )

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Job Tags

Hourly pay, Summer work, Summer internship, Local area, Visa sponsorship, Flexible hours,

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