Investment Operations Accounting Intern- Rancho Cordova, Ca- College Program 2024

Company:
Mercer
Description:
WHO WE ARE
We're Mercer - we believe in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer's more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries.
THE POSITION: Investment Operations Accounting Intern
Mercer's 2,500+ US Investment Colleagues deliver disciplined, consistent approaches, to benchmarking, data analytics, financial management, marketing, compliance and communication. Our client focus, integrity, expertise, and innovation are why clients choose Mercer. We are committed to setting the industry standard for ethical and transparent business practices.
INTERN REQUIREMENTS

• Progress towards a bachelor's degree in Accounting, Finance, Economics, Mathematics, Business Administration or other business-related areas
• Accounting degree or Accounting exposure desired
• Status as a currently enrolled student; candidates should have an expected graduation date in the Fall of 2024 or Spring of 2025
• Record of top academic achievement (preferred GPA 3.0/4.0)
• Interest in the operation capacities of custodians, such as banks, trust companies and brokerage firms
• Strong analytical skills and attention to detail
• Overall good technical skills including proficiency in Microsoft Office
• Excellent written, oral, and interpersonal communication skills
• Highly self-motivated, self-directed, and attentive to detail
• Able to work in a team-oriented, collaborative environment
• Ability to multi-task
• Must be Customer Service Oriented

WHAT A TYPICAL DAY LOOKS LIKE

• Support the investment monitoring/reporting activity for a set of specific funds in the alternative asset class
• Work with a team of qualified professionals from around the world who have experience working with private equity, private debt, real estate, and infrastructure investors
• Analyze financial statements and quarterly reports prepared by fund managers, which includes the compilation of fund and underlying portfolio company performance
• Record and reconcile cash flows arising from the underlying investments
• Assist in the preparation of quarterly reports on the performance and activities of private equity funds
• Provide aid with ad-hoc analyses as they relate to key monitoring aspects of funds

JOIN US
We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients regardless of their gender expression or identity, marital or civil partnership status, ethnic origin, nationality, age, background, disability, sexual orientation or beliefs. We are proud of our inclusive culture where everyone feels empowered to bring their whole selves to work and thrive. We offer several Business Resource Groups (BRGs) that employees can participate in (MMC Pride, Rising Professionals, Racial, Ethnic & Multicultural Diversity) Learn more about our foundational values, mission and vision for the future by reviewing our Greater Good Policy.
WHAT'S NEXT?
Candidates must apply via the Mercer careers website to be considered. Please follow the link in your school career system to the posting on our website. You will be contacted only if you are selected for a first-round interview. The first-round interview will consist of an on-demand digital video interview through the HireVue platform.
COMPANY PROFILE
Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer's more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, with 76,000 colleagues and annual revenue of $17 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information on working at Mercer, visit Inclusion and Diversity | Mercer. Follow Mercer on Twitter @Mercer. For a glimpse into our culture check out our intern blog site at https://mercercampus.wordpress.com/.
Marsh & McLennan Companies offers competitive salaries and comprehensive benefits. For more information about our company, please visit us at: http://www.mmc.com/. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.
The applicable base salary range for this role is $39,600 to $79,200.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.