StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program.  With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

Fund Accounting Overview:

The StepStone Fund Accounting group reviews all reporting, monetary, and other accounting processes involved with maintaining private equity, infrastructure, and real estate funds.  This review work is instrumental to provide the highest quality work for StepStone Group’s clients, as well as Sarbanes-Oxley reporting.  Although the fund accounting group specializes mostly in accounting, we do perform some traditional finance functions such as compliance and entity creation activities.

Fund Accounting Part-Time Spring Intern Overview:

StepStone is seeking accounting or finance majors for intern positions within the Fund Accounting department. Working with the Fund Accounting team you’ll have the opportunity to gain exposure to the private equity industry while learning about accounting and reporting for private equity funds.

As an intern in the fund accounting department, you will assist the team with:

• Gathering and summarizing financial information from fund financials and performance reports needed for regulatory filings and other reporting
• Reviewing of underlying fund financial statements including completing checklists to document review
• Performing various review and reconciliations of financial data
• Tracking of cash balances, activity, and locating payment information
• Reviewing of legal documents to gather data needed for reporting
• Reviewing of partner capital account balance statements and cash flow notices
• Assisting accounts payable with the monthly invoice process
• Updating and improving Excel templates
• Reviewing underlying audits for SOX purposes
• Preparing line of credit requests and maintain loan covenant documents
• Assisting with any additional special projects

Requirements:

• Undergraduate student pursuing an Accounting, Business, or Finance related major who are graduating between December 2024 through June 2025
• Must be able to work legally in the U.S. without requiring visa sponsorship now or in the future
• Strong written and verbal communication skills    
• Ability to maintain strict confidentiality of client, investment and company information   
• Acute attention to accuracy and detail    
• Professional demeanor and an ability to work well in a team environment    
• Highly proficient in using Excel, Word, and other Microsoft office programs
• Team player with a strong work ethic
• Available to work in the La Jolla office on Tuesdays and Wednesdays from February 2024 through May 2024  
• Able to work 15-20 hours during the standard work week
• Willingness and ability to learn and implement new programs and processes    

Click here to learn more about the intern experience.

Hourly range: $20.00 - $20.00

The salary range is an estimate of pay for this position.  Actual pay may vary depending on job-related factors that can include location, education, skill, and experience.  The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint.  As people are our biggest asset, we offer resources to help our employees reach their full potential.  Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.  

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.  

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure.  Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.  

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

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