Corporate Finance Internship

Posted:
9/29/2024, 2:33:55 PM

Location(s):
Massachusetts, United States ⋅ Boston, Massachusetts, United States

Experience Level(s):
Internship

Field(s):
Finance & Banking ⋅ Sales & Account Management

Workplace Type:
Hybrid

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

Corporate Finance Internship

MFS is a premier investment management firm with a rich history and a growing global reputation. Since 1924, when our founders invented the mutual fund, collaboration and innovation have fueled our success. When you join our team, you will be challenged by the work you do, and you will share your talents with a vibrant network of vested individuals to create an elite organization and build a rewarding career.

This internship experience provides participants with a meaningful, relevant work experience as part of their academic studies. In addition to daily responsibilities, participants will have the opportunity to participate in a series of structured activities designed to enhance their learning experience including:

  • Intern New Hire Orientation
  • Senior Leadership Speaker Series
  • Social & Networking Events
  • Presentation Challenges

At the conclusion of this position, interns will have increased their knowledge of investing, the mutual fund industry, employee engagement, and a firm understanding of how finance works at an asset manager.

The MFS Summer Internship program is a 10-12-week program, starting June 3rd and ending on August 8th. Students work full-time, Monday through Friday, 35- 40 hours per week and are paid hourly. All applicants must be authorized to work in the United States. Internships are open to students who are rising seniors (class of 2026).

MFS is a hybrid work environment (with 2 remote days and 3 on-site days) unless otherwise stated in the job posting.

About The Corporate Finance Internship

Our finance team works side by side with each business group to capture financial information including revenue and expenses as well as key metrics that drive the business such as sales and assets.  By working closely with our Corporate Finance team, this associate supports the financial and operational   needs of the business through reporting, financial analysis, budgeting, and forecasting.

Principal Responsibilities

•Monthly analysis of general ledger accounts and activity.

•Reconcile various balance sheet accounts and support the Corporate Balance Sheet Review process.

•Involvement in the monthly financial statement close process.

•Assist in preparation of journal entries in general ledger.

•Assist in oversight of the calculation and reporting of financial intermediary payments.

•Ad hoc projects and analysis as required.

Qualifications

  • Working toward a Bachelor's degree, preferably with a concentration in finance, accounting or other related financial discipline.
  • Strong written and oral communication skills, including listening skills.
  • Excellent interpersonal and communication skills to work effectively in a team environment.
  • Detail-oriented with good organizational skills, and self-motivated.
  • Ability and willingness to handle multiple tasks within a fast-paced casual yet professional environment
  • Excellent analytical and problem solving skills with strong attention to detail and organization.

#LI-HYBRID

MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email [email protected] for assistance. 

MFS is an Affirmative Action and Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document and Pay Transparency Nondiscrimination Provision, linked for your reference.