State Street - Global Delivery - Fund Administration Summer Internship 2026

State Street • Quincy, MA

2d

About The Position

As a Summer Intern with Fund Administration team you will be Responsible for preparing and analyzing periodic (quarterly, semi-annual and annual) financial statements in accordance with U.S. Investment Company GAAP requirements for alternative investments (Hedge & Private Equity) funds. Help prepare and review fund's financial statement during a reporting cycle. Ensure all documentation used to calculate and support all financial statement disclosures is received and is accurate. Research and resolve all issues as applicable. Prepare periodic financial statements: Perform planning procedures in order to identify any issues prior to the reporting cycle commencing and work with applicable parties to resolve. Perform a detailed review of the general ledger balances, identifying issues and initiating the resolution of those issues with applicable parties Ensure the accuracy and reasonability of amounts disclosed in the financial statements. Draft financial statements disclosures based Investment Company U.S.GAAP requirements. Follow all procedures regarding financial statements preparation and sign off on all required checklists. Recommend and implement enhancements to procedures based on knowledge and experience obtained during preparation process. Ensure adherence to the production calendar. Coordinate distribution of financial statements. Assemble financial statements draft, all supporting documentation and calculations. Coordinate the receipt of comments on financial statements drafts from external (and internal) parties. Ensure the timely research, resolution and processing of comments. Test new Financial Reporting applications and financial statement templates. Identify and resolve issues as they arise. Suggest process improvements (enhanced automation, etc.) Education/Experience requirements: Pursuing a Degree in Business, Finance, Accounting or related field experience Candidate must be detail oriented, have the ability to work in a deadline-oriented group with peak period workflow

Requirements

• Pursuing a Degree in Business, Finance, Accounting or related field experience
• Candidate must be detail oriented, have the ability to work in a deadline-oriented group with peak period workflow

Responsibilities

• Preparing and analyzing periodic (quarterly, semi-annual and annual) financial statements in accordance with U.S. Investment Company GAAP requirements for alternative investments (Hedge & Private Equity) funds.
• Help prepare and review fund's financial statement during a reporting cycle.
• Ensure all documentation used to calculate and support all financial statement disclosures is received and is accurate.
• Research and resolve all issues as applicable.
• Prepare periodic financial statements
• Perform planning procedures in order to identify any issues prior to the reporting cycle commencing and work with applicable parties to resolve.
• Perform a detailed review of the general ledger balances, identifying issues and initiating the resolution of those issues with applicable parties
• Ensure the accuracy and reasonability of amounts disclosed in the financial statements.
• Draft financial statements disclosures based Investment Company U.S.GAAP requirements.
• Follow all procedures regarding financial statements preparation and sign off on all required checklists.
• Recommend and implement enhancements to procedures based on knowledge and experience obtained during preparation process.
• Ensure adherence to the production calendar.
• Coordinate distribution of financial statements.
• Assemble financial statements draft, all supporting documentation and calculations.
• Coordinate the receipt of comments on financial statements drafts from external (and internal) parties.
• Ensure the timely research, resolution and processing of comments.
• Test new Financial Reporting applications and financial statement templates.
• Identify and resolve issues as they arise.
• Suggest process improvements (enhanced automation, etc.)

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
• For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

What This Job Offers

• Career Level: Intern
• Number of Employees: 5,001-10,000 employees