Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
2025 Fund Finance ARS Summer Intern image - Rise Careers
Job details

2025 Fund Finance ARS Summer Intern

GCM Grosvenor is a global alternative asset management solutions provider seeking a Summer Intern in Fund Finance to assist in fund accounting functions and support investment and client relationship personnel.

Skills

  • Accounting knowledge
  • Financial reporting
  • Auditing exposure
  • Excellent judgment
  • Good communication skills
  • MS Excel proficiency

Responsibilities

  • Maintain accounting ledgers for fund-of-hedge funds
  • Review monthly investment valuations
  • Manage outsourced service providers
  • Reconcile cash balances
  • Liaison with underlying managers
  • Calculate and report fund performance
  • Assist in special projects

Education

  • Pursuing BA/BS in Accounting/Finance
  • Relevant coursework or internship

Benefits

  • Comprehensive benefits package
  • Health and wellness focus
  • Retirement planning
  • Diversity and inclusion
To read the complete job description, please click on the ‘Apply’ button
GCM Grosvenor Glassdoor Company Review
4.2 Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon Glassdoor star icon
GCM Grosvenor DE&I Review
No rating Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon
CEO of GCM Grosvenor
GCM Grosvenor CEO photo
Michael J. Sacks
Approve of CEO
What You Should Know About 2025 Fund Finance ARS Summer Intern, GCM Grosvenor

Are you ready to kickstart your career in finance? As a 2025 Fund Finance ARS Summer Intern at GCM Grosvenor in the heart of Chicago, you'll dive into the world of fund accounting, where you’ll learn the ropes of managing financial records for partnerships and accounts. Your role will include maintaining accounting ledgers for fund-of-hedge funds, reviewing monthly investment valuations, and providing insightful guidance to our outsourced service providers. You'll also get the chance to liaise between our firm and underlying managers, ensuring everything runs smoothly. With tasks like reconciling cash balances, reporting fund performance, and collaborating with various departments like legal, tax, and client services, every day will bring new challenges and learning opportunities. We value a positive mindset and a desire to learn, so if you're pursuing a degree in Accounting or Finance with strong academic credentials, we want to hear from you! By joining our team of thoughtful and successful colleagues, you'll find a supportive environment focused on excellence, collaboration, and mutual growth. So, if you thrive in a fast-paced setting and are ready to make an impact, this internship could be the perfect fit for you!

Frequently Asked Questions (FAQs) for 2025 Fund Finance ARS Summer Intern Role at GCM Grosvenor
What are the main responsibilities of a 2025 Fund Finance ARS Summer Intern at GCM Grosvenor?

As a 2025 Fund Finance ARS Summer Intern at GCM Grosvenor, your primary responsibilities will include maintaining accounting ledgers for fund-of-hedge funds, reviewing monthly investment valuations, managing outsourced service providers, and reconciling cash balances. Additionally, you'll collaborate with various teams across the firm, assist with fund performance reporting, and handle general accounting tasks.

Join Rise to see the full answer
What qualifications are required for the 2025 Fund Finance ARS Summer Intern position at GCM Grosvenor?

To qualify for the 2025 Fund Finance ARS Summer Intern position at GCM Grosvenor, candidates should be pursuing a BA/BS in Accounting or Finance with excellent academic credentials. Relevant coursework or internships in investments or financial markets are preferred. Moreover, knowledge of partnership accounting, financial reporting, and auditing will be advantageous.

Join Rise to see the full answer
What skills are essential for success as a 2025 Fund Finance ARS Summer Intern at GCM Grosvenor?

Successful candidates for the 2025 Fund Finance ARS Summer Intern role at GCM Grosvenor should be self-motivated, team-oriented, and display excellent judgment. Skills such as strong written and verbal communication, flexibility, attention to detail, and the ability to manage multiple tasks in a fast-paced environment are crucial. Proficiency in MS Excel is beneficial, though not mandatory.

Join Rise to see the full answer
What growth opportunities are available for a 2025 Fund Finance ARS Summer Intern at GCM Grosvenor?

At GCM Grosvenor, 2025 Fund Finance ARS Summer Interns can expect ample growth opportunities through hands-on experience, mentorship from seasoned professionals, and exposure to various aspects of fund finance. The collaborative environment encourages learning from colleagues, fostering skills that contribute to future careers in finance.

Join Rise to see the full answer
How does GCM Grosvenor support the work-life balance of its 2025 Fund Finance ARS Summer Interns?

GCM Grosvenor prioritizes the well-being of its employees, offering a comprehensive benefits package that includes health and wellness initiatives. The firm's inclusive culture and team-oriented environment help interns maintain a balanced work-life dynamic, enabling them to thrive both personally and professionally.

Join Rise to see the full answer
Common Interview Questions for 2025 Fund Finance ARS Summer Intern
What attracted you to apply for the 2025 Fund Finance ARS Summer Intern position at GCM Grosvenor?

In answering this question, express your enthusiasm for the finance field and how GCM Grosvenor's focus on alternatives aligns with your career goals. Mention specific aspects of the firm’s reputation, culture, or values that resonate with you, demonstrating your research and genuine interest.

Join Rise to see the full answer
Can you describe your experience with fund accounting or related financial concepts?

Provide a clear overview of your relevant coursework or internships, focusing on specific tasks or projects you've completed related to fund accounting. Mention any knowledge of financial reporting or auditing that highlights your readiness for the 2025 Fund Finance ARS Summer Intern role.

Join Rise to see the full answer
How do you handle multiple tasks in a fast-paced environment?

To answer this question effectively, share specific strategies you've used for prioritization, time management, and organization. Give an example of a situation in which you successfully managed competing deadlines or tasks in a busy environment, showcasing your flexibility and attention to detail.

Join Rise to see the full answer
What role does teamwork play in your approach to projects?

When addressing teamwork, emphasize your collaborative nature and willingness to contribute to group efforts. Share a specific example of a project where your cooperation with others led to success, highlighting skills like communication and adaptability.

Join Rise to see the full answer
How do you ensure accuracy in your work?

In answering, you should highlight your attention to detail and any specific methods or tools you employ to verify your work. Discuss how you review your results and seek feedback to maintain high accuracy standards, and consider mentioning any relevant experience.

Join Rise to see the full answer
What is your understanding of fund-of-hedge funds?

Demonstrate your comprehension of fund-of-hedge funds by explaining their structure, investment strategies, and how they differ from traditional funds. Utilize clear and concise language, showing that you've researched and grasped the fundamentals of this investment vehicle.

Join Rise to see the full answer
Describe a time when you had to adapt to a significant change in a project plan.

Provide a compelling example where you faced an unexpected change, detailing your thought process and the actions you took to adapt. Highlight qualities like resilience, problem-solving skills, and effective communication that enabled you to navigate the change successfully.

Join Rise to see the full answer
What do you hope to learn during your internship at GCM Grosvenor?

Answering this question provides an opportunity to express your eagerness for growth. Be specific about skills or knowledge you wish to acquire related to fund finance, accounting practices, or the operational aspects of the financial services industry, demonstrating your proactive mindset.

Join Rise to see the full answer
How comfortable are you with using MS Excel for financial analysis?

Discuss your experience with MS Excel, highlighting any courses or projects where you've utilized its features for financial tasks. Describe specific functions you are proficient in, like pivot tables or financial modeling, and express your willingness to learn more advanced techniques if needed.

Join Rise to see the full answer
What quality do you believe makes you a strong fit for the 2025 Fund Finance ARS Summer Intern role at GCM Grosvenor?

Identify a key skill or quality that aligns with the internship's requirements—such as being detail-oriented, a strong communicator, or a quick learner. Provide examples from your academic or previous experiences that underscore this trait, making a connection to how it will benefit the team at GCM Grosvenor.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 11 days ago
Photo of the Rise User
GCM Grosvenor Hybrid New York, New York, United States
Posted 10 days ago
Acolad Remote No location specified
Posted 8 days ago
Photo of the Rise User
Molekule Hybrid Palm Beach Gardens, FL
Posted 13 days ago
Photo of the Rise User
Posted 4 days ago
Photo of the Rise User
Epic Hybrid Iowa City, IA
Posted 7 days ago
Photo of the Rise User
MasterBrand Cabinets LLC Remote 111 MasterBrand Cabinets Drive, Beachwood, Ohio
Posted 7 days ago

Our goal is to provide our clients with attractive risk-adjusted investment performance. We have a long history of investment excellence founded in research, opportunity identification, and investment implementation.

32 jobs
MATCH
Calculating your matching score...
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Internship, on-site
DATE POSTED
December 25, 2024

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!