Mutual Fund Accountant Intern – Fund Accounting

Job Description

Mutual Fund Accountant Intern – Summer 2027 | Thrivent

The Tone:
This is a internship at Thrivent, located in Appleton, Wisconsin (Hybrid). Thrivent is a Fortune 500 financial services organization designed to offer college students meaningful work experience in specific functions. This 12-week internship is a key piece of Thrivent’s entry-level talent program, ensuring a strong talent pipeline to meet the organization’s needs now and in the future. The program provides interesting challenges, valuable experience, and exposure to multiple business areas.

The TL;DR
• Role: Internship
• Type: Full-time
• Location: Hybrid Appleton, WI
• Pay: $20–$23 hourly
• Team: Fund Accounting Operations department
• Mission: Prepare, record, and analyze daily accounting activity for multiple investment portfolios, ensuring accurate pricing of mutual funds and variable products.
• Tech Stack: MS Office tools, PowerPoint, Excel

What You’ll Actually Do
• Daily Accounting: Prepare cash activity and projections for portfolio managers, research and verify corporate behaviors, and post security trade and shareholder activity.
• Net Asset Value Validation: Audit, resolve, and approve net asset value/unit value calculations of funds daily to prevent reporting incorrect values.
• Reconciliation and Reporting: Prepare monthly reconciliation work papers and ad hoc reports, ensuring activity between the custodian and accounting system reconciles.
• Income and Payments Assurance: Work with the custodian to ensure funds receive all entitled income and principal payments.
• Team Operational Support: Participate in team functions such as pricing, running and distributing daily reports, and sending net asset information to various vendors.
• Audit Assistance: Assist in the preparation of materials for external auditors and support Mutual Fund Accounting Reporting and Tax units in meeting deadlines.

The Must-Haves
• Background: Currently a Junior (Dec. 2027 or May 2028 graduation date) pursuing an undergraduate degree in Accounting, Finance, or Economics.
• Experience: A history of excellent academic performance (GPA 3.0+).
• Skills: Skilled in MS Office tools (PowerPoint, Excel), knowledge and understanding of accounting and financial reporting principles, strong analytical and problem-solving skills, ability to multi-task and deal with tight deadlines in a team environment, detail oriented with strong organizational and time management skills, strong oral and written communication skills.