Fund Accounting Internship

Job Description

About company

Alter Domus, meaning “The Other House” in Latin, is a leading provider of services to the alternative investment industry. The company proudly serves 85% of the top 30 asset managers in the alternatives industry. It boasts a global presence with more than 6,000 professionals operating across 24 countries.

Alter Domus emphasizes a culture where individuals progress on merit, are encouraged to speak openly, and receive support throughout their chosen career paths. The company is committed to diversity, equity, and inclusion, ensuring equal opportunity, valuing every voice, and fostering an inclusive environment where all colleagues feel they belong. They celebrate differences, recognizing that diverse perspectives are crucial for success and work towards shared goals through their Group DE&I Committee and DE&I Champions.

For more information about life at Alter Domus, visit careers.alterdomus.com. The Alter Domus Privacy notice can be reviewed via alterdomus.com/privacy-notice/.

Job description

This role is for a Fund Accounting Internship within Alter Domus. The Fund Accounting business units serve as a third-party intermediary, working between fund managers and investors to verify and distribute assets tied to investments. These positions offer a valuable introduction to alternative investing and involve close interaction with clients.

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

Internships are open in the following groups for Summer 2026:

• Real Estate: Locations include Carmel, Chicago, and Salt Lake City. This group involves property accounting alongside funds accounting, providing knowledge of Real Estate Investing and the Real Estate market.
• Credit: Locations include Boston, Carmel, and Chicago. Primarily focuses on working with bank/syndicated loans and hedge funds.
• Private Equity: Locations include Chicago, Ogden, and Salt Lake City. Primarily focuses on working with Private Equity.

Your Responsibilities:

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

Your Profile (Requirements):

• Pursuing a Bachelor’s Degree in Accounting or Finance with a strong accounting focus, or possessing a previous accounting internship.
• Demonstrated strong interest in Fund Accounting as a career.
• Currently a Junior with an expected graduation date between December 2026 and August 2027.
• Proficient with Microsoft Excel.
• Ability to prioritize tasks, work on multiple assignments, and manage ambiguity effectively.
• Strong verbal and written communication skills.
• Demonstrated leadership, learning agility, and collaboration skills.
• A 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.

What We Offer:

Alter Domus is committed to supporting intern development, career advancement, and provides the following benefits:

• Access to the industry-leading Alter Domus Academy, offering six learning zones for every career stage, with resources tailored to ambitions and resources from LinkedIn Learning.
• Support for professional accreditations and study leave.
• Flexible arrangements, generous holidays, and birthday leave.
• Continuous mentoring throughout career progression.
• Active sports, events, and social committees across offices.
• 24/7 mental, physical, emotional, and financial support through the Employee Assistance Program.
• The opportunity to invest in company growth and success through the Employee Share Plan.
• Additional local benefits depending on the location.