Financial Operations Intern

Key Responsibilities

Financial Reporting:

• Private Credit / Equity Fund Financial Statements review and analysis.
• Liaise with external fund administrators to prepare accurate financial statements, capital account statements, capital call and distribution notices, management fee and carried interest calculations and all other investor reporting.
• Work directly with and prepare custom financial analysis and reporting for Star Mountain team members across multiple departments including Deal Teams, Portfolio Management, and Investor Relations.
• Leverage an understanding of regulatory requirements for BDC / SBIC vehicles.
• Assist audit and tax professionals in year end audit and tax reporting.

Treasury, Liquidity and Credit Risk:

• Support treasury and liquidity management functions (oversee cash position for funds and forecast cash requirements).
• Manage capacity on the funds’ credit lines as well as borrowing base compliance/covenants.
• Manage the expense process, including vendor management, invoice processing and compliance with firm policies.

Research and Analysis:

• Performance measurement, including calculation of IRRs, investment multiples and various time weighted returns.
• Assist in preparation of regular investor reports and quarterly investment letters.
• Identify and implement process improvements with regards to efficiency and ensuring that strong internal controls and quality control are maintained.
• Review and interpret partnership agreements, private placement memorandums, and other legal documents.
• Assist with various portfolio monitoring of investments.

Qualifications

• Good understanding of Generally Accepted Accounting Principals (GAAP)
• Working towards undergraduate degree studying Accounting or Finance-related fields
• GPA of 3.5 or higher.
• Able to work in-office 15-20 hours a week.

Adequate comfort with:

• Principles of Financial Accounting
• Corporate Finance
• Private Credit and Private Equity industry knowledge, including return metrics and general risks

Desirable Traits

• Positive attitude.
• Strong English written and verbal communication skills.
• Highly organized.
• Detail oriented.
• Sense of ownership and pride in work, firm and culture.
• Quick learner.
• Highly personable and work well in a team environment.
• Prioritizing, managing various deadlines in a fast-paced entrepreneurial work environment.