Alter Domus - 2026 Fund Accounting Summer Inter...
@ RippleMatch Opportunities

Chicago, Illinois, United States
On Site
Posted 4 days ago

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Job Details

About Alter Domus

Alter Domus, meaning “The Other House” in Latin, is home to 85% of the top 30 asset managers in the alternatives industry. With over 6,000 professionals across 24 countries, we value merit, open communication, and diverse career paths.

Fund Accounting Internship Overview

This Fund Accounting Summer Internship with Alter Domus is available through RippleMatch Opportunities. The role offers exposure to fund administration, acting as a third-party intermediary between fund managers and investors. The internship provides valuable hands-on experience in alternative investing and financial operations.

Internship Groups & Locations

  • Real Estate: Carmel, Chicago, Salt Lake City - Property accounting and funds accounting.
  • Credit: Boston, Carmel, Chicago - Focus on bank/syndicated loans and hedge funds.
  • Private Equity: Chicago, Ogden, Salt Lake City - Emphasis on Private Equity.

Internship Timing

June 2, 2026 – August 6, 2026

Your Responsibilities

  • Prepare cash and journal entries, bank reconciliations.
  • Assist with financial statement preparation and period end closings.
  • Interact with clients through email and calls.
  • Participate in quarterly and annual audit functions.
  • Process and track daily cash contributions and distributions.
  • Engage in Intern Programming for professional development and networking.

Your Profile

  • Pursuing a Bachelor’s Degree in Accounting or Finance with a strong accounting focus.
  • Strong interest in Fund Accounting as a career.
  • Current Junior with expected graduation between December 2026 - August 2027.
  • Proficient with Excel and strong analytical skills.
  • Effective communication and leadership abilities.
  • Ability to work in a hybrid environment.
  • Authorized to work in the US without sponsorship.

What We Offer

Alter Domus provides a range of benefits including professional development through the Alter Domus Academy, support for professional accreditations, flexible arrangements, generous leave, mentoring, networking events, sports and social committees, and comprehensive employee support programs. Additional local benefits and an Employee Share Plan are also available.

Key skills/competency

  • Fund Accounting
  • Journal Entries
  • Financial Statements
  • Reconciliations
  • Audit Functions
  • Excel Proficiency
  • Client Interaction
  • Analytical Skills
  • Hybrid Work
  • Alternative Investments

How to Get Hired at RippleMatch Opportunities

🎯 Tips for Getting Hired

  • Customize your resume: Tailor your skills to fund accounting requirements.
  • Highlight Excel expertise: Showcase proficiency in spreadsheets and analysis.
  • Research Alter Domus: Understand their services and global footprint.
  • Prepare for case studies: Be ready to discuss financial reconciliations.

📝 Interview Preparation Advice

Technical Preparation

Review journal entry processes.
Practice Excel data analysis exercises.
Study financial statement construction.
Understand audit documentation procedures.

Behavioral Questions

Describe teamwork in past internships.
Explain how you handle tight deadlines.
Share an example of problem-solving.
Discuss communication in client interactions.

Frequently Asked Questions