Fund Administration Interns – Fund Administration

Job Description

Fund Administration Intern – Winter 2027 – Minneapolis, MN | CLA (CliftonLarsonAllen)

The Tone:
This is a temporary internship at CLA (CliftonLarsonAllen), located in Minneapolis, MN. CLA is a dedicated organization that strives to exemplify its values of curiosity, collaboration, transparency, inclusivity, and reliability in all its endeavors. This role is crucial as it provides foundational financial administration support, enabling the firm to effectively manage operations for real estate, private equity, and venture capital funds. The intern will directly contribute to client satisfaction and operational efficiency, upholding the company’s commitment to knowing and helping its clients, communities, and team members.

The TL;DR
• Role: Internship
• Type: Temporary
• Location: In-person Minneapolis, MN
• Pay: $27–$31 hourly
• Mission: Provide essential fund administration support to real estate, private equity, and venture capital funds, ensuring accurate financial operations and client satisfaction.
• Tech Stack: Microsoft (MS) Windows, Microsoft Office products, accounting software packages

What You’ll Actually Do
• Reconciliations: Complete comprehensive account reconciliations, including bank, accounts receivable, and accounts payable, for various real estate, private equity, and venture capital funds.
• Financial Reporting: Prepare financial statements and all necessary supporting work papers required for investment companies.
• Transaction Processing: Process a range of financial transactions, such as accounts payable, cash disbursements, accounts receivable, cash receipts, and payroll coordination.
• Partner Communications: Prepare and monitor capital calls and distribution notices, as well as capital and investor statements for limited partners.
• Financial Calculations: Perform management fee calculations and accurately allocate expenses between different funds.

The Must-Haves
• Background: Entry-level intern working towards a bachelor’s degree in Accounting, Finance, or a related field, possessing general knowledge of accounting principles and financial data reporting.
• Experience: No specific years required; must be proficient with Microsoft Windows and Office products.
• Skills: Proficiency in Microsoft Windows and Office applications, a foundational understanding of general accounting principles, the ability to report financial data, and a willingness to learn new technologies.
• Bonus: A bachelor’s degree in Accounting or Finance is strongly preferred, along with reliable transportation and a willingness to travel to client sites.