Finance Intern
Pax World Management LLC, investment adviser to Pax World Funds and a recognized leader in the field of Sustainable Investing, is seeking a Finance Intern.
Location
Portsmouth, NH
About Pax World
Pax World launched the financial industry’s first socially responsible mutual fund in 1971. Today, we offer a family of Sustainable Investing mutual funds across a range of asset classes as well as separate accounts for institutional investors.
Pax World Management LLC is a rapidly growing small company headquartered in Portsmouth, New Hampshire, with a friendly, collegial and growth-oriented professional work environment.
Primary Responsibilities
- Assist in preparation and review of Annual Report to Shareholders, including:
- Review of schedules of investments, financial statements, financial highlights and notes
- Verify non-income producing securities
- Assist in setting up options disclosure per new FAS 161 requirement
- Assist in calculation of income and expense ratios, portfolio turnover percentage and net investment income per share
- Analyze foreign securities to determine PFIC (Passive Foreign Investment Co) status
- Update Fair Valuation Summary for quarterly mutual fund Board Report
- Assist in data entry of N-SAR Annual Report for Registered Investment Companies to be filed with the Securities & Exchange Commission
- Prepare list of current foreign sub-custodians utilized by Funds for N-SAR Report
- Analyze investments in brokerage firms for N-SAR inclusion
- 10 or more hours per week, unpaid
Secondary Responsibilities (as time allows):
- Assist in monthly reconciliations – Realized Gain/Loss, Cost roll forward, and holdings
- Assist in quarterly compliance testing
- Assist in compilation/verification of daily fund packages
Qualifications
- Currently pursuing a bachelors degree preferably in Finance, Accounting or Business Administration
- Proficient in Microsoft Excel
- Strong analytic skills
- High integrity, trustworthiness and ethical standards
- Demonstrated ability to manage multiple projects and priorities; attention to detail
- Sound and accurate judgment
- Proactive, innovative, resourceful
- Positive attitude; team player
Contact Information
To apply for this internship, please submit your resume and cover letter via e-mail to hr@paxworld.com with “Finance Intern” in the subject line, or via mail to Pax World c/o Human Resources, 30 Penhallow Street, Suite 400, Portsmouth, NH 03801. No agencies or sales calls, please.
We are an equal opportunity employer committed to high standards of corporate social responsibility, both in our investment approach and in the manner we conduct our own business. Women and minority candidates are encouraged to apply for this position.