Fund Accountant Intern
UMB Open · verified Oct 22, 2026 At a glance
Junior Accounting role at UMB. Milwaukee WI · full-time · $33,786–$49,698 base.
financeroles summary, based on the employer's posting.
What you'll do
- Match cash records from fund accounting and custody for each mutual fund you support
- Check linked reports to ensure they show the same cash amount as posted
- Read clients’ daily reports and build cash forecasts for them
- Handle security processing and valuations, with your work checked by a senior lead
- Work with outside providers, including Bloomberg, on assigned fund tasks
What you bring
- You are enrolled in a program in accounting, finance or another listed field
- You are studying at the undergraduate level for this internship
Who this fits
This junior internship suits someone studying a relevant subject who wants hands-on fund accounting work. You’ll support four to five registered funds, work to daily deadlines and have your work reviewed by a senior lead. The role is based in Milwaukee, Wisconsin.
From the employer
The UMB Registered Fund team, which manages the daily accounting, tax, audit, administration, and operational tasks for mutual fund and collective trust clients.
As the Fund Accounting Intern, you will be assigned a 4 to 5 registered funds and handle the day-to-day operations for those clients. This can include a number of reconciliations, security processing and valuations. This is a collaborative role that has daily deadlines, with all work being reviewed by a Sr. Lead in the department.
How you will spend your time:
- Cash Reconciliation between Fund Accounting and Custody for each individual mutual fund
- Tying reports together to make sure same cash amount is posted
- View daily reports that are emailed from clients
- Cash forecasting for client
- Work with external vendors such as Bloomberg
We’re excited to talk with you if:
- You are currently enrolled in an Accounting, Finance, Economic, or International Business program
Compensation Range:
$33,786 - $49,698The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
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