Financial Operations Intern - NYC

Key Responsibilities

Financial Reporting:

• Private Credit / Equity Fund Financial Statements review and analysis.
• 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

• Working towards Undergraduate degree with an Accounting major (May 2027 graduates preferred)
• GPA: 3.5+
• Work in office in New York City, NY
• Good understanding of Generally Accepted Accounting Principles (GAAP)
• Adequate comfort with Principles of Financial Accounting, Corporate Finance and Private Credit and Private Equity industry knowledge, including return metrics and general risks

Star Mountain operates a year-round internship program, including a full-time summer internship program which then continues during the school year in-person on a part-time basis.