2023 Finance & Accounting Intern (Rolling Intake)

About Citadel Securities

Citadel Securities is a leading global market maker across a broad array of fixed-income and equity products. Citadel Securities has a unique set of capabilities and tools are designed to drive down the cost of transactions, helping to meet the liquidity needs of asset managers, banks, broker-dealers, hedge funds, government agencies, and public pension programs. It strive to provide the most efficient execution and the highest caliber of services, making markets more fair and accessible for all.

Your Role

Financial Reporting

• Support the Financial Reporting team in the preparation and review of quarterly and year-end financial statements 
• Assist the team in the management of the external audits 
• Support the financial statement publication process 
• Engage with stakeholders throughout the financial statement process 
• Research accounting questions under U.S. GAAP and IFRS 

Strategic Finance

• Project work including building reports ation fil
• using Tableau and creating analytical datasets using Alteryx 
• Perform expense analytics, create visuals in reporting tools, and identify KPIs to enhance business analysis 
• Explain monthly variances and work closely with front office, Technology, and Accounting teams 
• Analyze expenses by processing monthly infrastructure invoices 
• Update and maintain key process document
• es utilized by the rest of the team 
• Assist with ad hoc requests such as gathering historical data in response to management requests and investigating trends 

Corporate Accounting

• Perform audits of Travel and Expense reports through Concur in accordance with Citadel’s Expense Reimbursement policy 
• Support the accounting team on various cash receipt and disbursement related tasks 
• Assist the team with the close process and various monthly journal entries 

Fund & Broker-Dealer Accounting

• Assist with regulatory reporting for broker-dealer entities 
• Assist with monthly closes and periodic financial reporting  
• Assist with counterparty compliance monitoring and reporting 
• Drive process improvements, among other projects  
• Assist with overseeing the accounting books and records 
• Oversee the calculation of fund and investor level NAVs and returns  

Training, Development & Rotations 

Citadel Securities makes bold investments in extraordinary people. The company is committed to helping employees develop skills in order to succeed, hone their strengths, and contribute to the team. Employees will start with a year-long training curriculum taught by industry experts and senior leadership at Citadel Securities in addition to learning from seasoned teammates every day. Citadel Securities will teach about the different trading strategies and will help cultivate the market and business intuition.

Compensation & Benefits

The estimated salary range for this role at Citadel Securities is between $65,000 to $107,000 per year. Aside from that, the company also offers benefits.

• Dental Benefits.
• Flexible Spending Account (FSA)
• Health Insurance Benefits.
• Vision Benefits.
• Mental Health Benefits.

Career Progression

Citadel empowers and rewards team members who deliver results. Citadel creates opportunities by consistently making career and compensation decisions on the merits, recognizing that doing so attracts and retains the best and the brightest. Citadel passionately pursues new ideas, innovations, and new strategies that will strengthen its competitive advantage. A position at Citadel is an opportunity for lifelong learning. 

Work-Life Balance

The work vibe is generally fast-paced as it requires employees to adapt their strategies to an ever-changing market. While the fast-paced Citadel work may seem challenging, it soon becomes familiar and makes collaboration even more productive. 

Company Culture

Citadel Securities embraces bold ideas and seizes opportunities others don’t, from the way it operates to the strategies it deploys. With a bias for action, Citadel's work goes into the market quickly. That’s because when solving live problems, have to operate in real-time. The financial markets provide immediate feedback that propels the cycle of learning and the impact of Citadel. Its relentless focus on innovation raises the bar for what’s possible. That’s as true for the work in the markets as it is for your career. It’s a collective intellect, skill, and ambition that allows achieving far more together than ever could.

About You

• Seeking a degree in Accounting or Finance 
• Willingness to work part-time in conjunction with academic quarters 
• Advanced knowledge of Excel 
• High energy level and a strong work ethic 
• Extremely detail and process-oriented 
• Intellectually curious 
• Adaptive, flexible style – able to work in a dynamic, fast-paced environment 
• Demonstrated a high level of initiative 
• Impeccable integrity 

How to Apply

To apply for this position, simply click the “Apply on employer site” button on this page.

Source

• Youtube.com
• Glassdoor.com
• Citadelsecurities.com