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Accounting Intern

MacKay Shields was founded in 1938 and has grown steadily over the years through rapidly changing market environments. We became a registered investment advisor in 1969, and have expanded our services over time and now offer products across U.S. and international markets.
In 1984, MacKay Shields was purchased by New York Life Insurance Company. New York Life Insurance Company established New York Life Investment Management Holdings LLC in 1999 for the purpose of consolidating its asset management subsidiaries. MacKay Shields is 100% owned by New York Life Investments, which is wholly owned by New York Life Insurance Company, our ultimate parent.

We currently manage approximately $107 billion in assets for institutional investors and other entities across the globe.

Responsibilities

Our finance department is seeking an accounting intern to join their team during the summer. In this position, you will be assisting our accountants in performing day-to-day accounting responsibilities.
· Perform routine accounting duties, such as account analysis, balance sheet reconciliation
· Assist in the billing of clients including preparation of investment management fee invoices
· Assist in the monthly bank reconciliation process
· Assist in special projects under the direction of a senior accountant
· Prepare monthly journal entries and perform necessary follow up to ensure resolution leading to good account condition
· Prepare account analysis for selected balance sheet and P&L accounts to aid in preparation of the financial statements
· Periodical assist with the accounts payable responsibilities
· Other responsibilities as assigned

Skills & Qualifications

• Great organizational and time management skills
• High level of responsibility and independence, attention to detail and accuracy
• Customer oriented and self-motivated person, team player with great communication skills
• Ability to deal with ambiguity and complexity
• Proficient in Microsoft Office Suite including Outlook, Word, Excel and PowerPoint

Preferred Qualifications

• 1-2 years related experience working in a corporate environment is preferred
• Good organization verbal and written communications skills
• Ability to multi-task and adapt to shifting priorities
• Strong orientation toward teamwork
• Requires moderate supervision

At MacKay Shields, we commit to the equitable treatment of all. Differences in background, experience, characteristics, and abilities—whether readily visible or unseen—make each person unique and valuable. Attracting, developing, and retaining diverse talent is critical to our success. We promote a comprehensive approach to diversity and inclusion to serve our employees, our clients, and our community. Striving to make a positive impact and deliver results through performance with purpose is at the heart of our ethos.

MacKay Shields LLC is committed to creating a diverse employment environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

MacKay Shields LLC offers an excellent salary and benefits package