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INVESTMENT ACCOUNTING-INTERN INVESTMENT ACCOUNTING-INTERN INVESTMENT ACCOUNTING-INTERN

Illinois Gov
Springfield, IL Intern
POSTED ON 3/19/2025
AVAILABLE BEFORE 5/18/2025

INVESTMENT ACCOUNTING-INTERN

We continually strive for a workforce that reflects the growing diversity within the State of Illinois. A variety of employee backgrounds, perspectives, ideas and experiences are crucial to our ability to most effectively serve the public. Bilingual skills welcome

Reasonable Accommodation Statement

The State of Illinois is committed to working with and providing reasonable accommodations to people with disabilities. Further, federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job, interview for a job, or for any other activity related to the hiring process. Examples of reasonable accommodation include, but are not limited to, making a change to the application process (if possible), providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

To be provided a Reasonable Accommodation during the hiring process, you will need to provide a certification of disability from a physician, psychiatrist, school official or an Illinois Department of Human Services (DHS) Division of Rehabilitation Services (DRS) Vocational Rehabilitation (VR) Counselor. Supporting documentation should be uploaded under My Documents → Additional Documents section for each application.

Any questions on Reasonable Accommodations can be directed to Central Management Services Disability Resource Center at CMS.DisabilityResCen@illinois.gov or call (217) 524-7514 for further information and to request or discuss an accommodation.

Sponsorship for Employment

The State of Illinois does not provide sponsorship for employment visa status (e.g. H-1B visa status). To be considered for permanent employment with the State of Illinois, applicants must be currently authorized to work in the United States on a full-time basis.

Disclosure of Salary Information

In compliance with the Illinois Equal Pay Act, 820 ILCS 112/1 et seq., the State does not seek, request, or require a job applicant's wage or salary history. Employment decisions are not made based on an applicant's wage or salary history. To that end, please do not include wage or salary information in your resume or other profile or application materials .

Date: Mar 14, 2025 Location:

Springfield, IL, US, 62702

Job Requisition ID: 45714

Agency: Teachers' Retirement System of the State of Illinois
Closing Date/Time: 04/11/2025
Salary: $15/hour
Job Type: Hourly
County: Sangamon
Number of Vacancies: 1

****************A RESUME IS REQUIRED FOR THIS JOB POSTING****************

Please attach a DETAILED Resume/Curriculum Vitae (CV) to the MY DOCUMENTS section of your application. You WILL NOT be considered for the position if you attach a CMS100, CMS100b or any other document that is not a Resume or CV.

Why Work for Illinois?

Working with the State of Illinois is a testament to the values of compassion, equity, and dedication that define our state. Whether you’re helping to improve schools, protect our natural resources, or support families in need, you’re part of something bigger—something that touches the lives of every person who calls Illinois home.

No matter what state career you’re looking for, we offer jobs that fit your life and your schedule—flexible jobs that provide the gold standard of benefits. Our employees can take advantage of various avenues to advance their careers and realize their dreams. Our top-tier benefits and great retirement packages can help you build a rewarding career and lasting future with the State of Illinois.

Job Summary

Under the direction of the Investment Accounting Manager, the summer intern performs analysis and audits of investment activity, assists the investment operations/accounting department in daily monitoring of transactions generated by the custodian and investment managers and participates in meetings conducted by Investment Officers performing reviews and due diligence. Report preparation and analyses of external reports will be assigned as well as maintenance of database entries.

Examples of Projects

• Validate fee payments: Input multiple sources of data into Excel spreadsheet, research, and review fee contract terms, calculate fee and validate Investment Manager invoices and reporting.
• Fee analysis: Prepare fee accrual spreadsheets, update fee databases, and reconcile accounting entries
• Log and compare quarterly reports to capital account statements related to Alternative Investments. Variances must be analyzed.
• Perform cash audits to verify proper documentation and approvals.
• Retrieve and record manager information regarding proxy voting and soft dollar purchases.
• Audit and record files for monthly Investment Manager reconciliations.
• Review, summarize and organize documents according to TRS retention policy.
• Attend quarterly meetings/updates between Investment Managers and TRS Investment Officers, as time permits. Observe manager’s insight on future market expectations and economic issues.
• Attend Operating Committee meetings to attain understanding of the investment decision-making process (manager search, selection and final approval, funding), as time permits.

Minimum Requirements

• Must be currently enrolled in a degree program in or related to finance, investments, or accounting
• Must have a graduation date no later than May 2026

Work Hours: 8:30-4:30
Work Location: 2815 W. Washington St., Springfield, IL 62702-3397
Agency Contact: cwalls@trsil.org
Posting Group: Fiscal, Finance & Procurement

Agency statement: TRS provides retirement benefits for teachers who are employed by all Illinois public common and charter school districts located outside the city of Chicago. The Illinois Pension Code contains the laws relating to our creation, benefits, and administration

The main form of communication will be through email. Please check your “junk mail”, “spam”, or “other” folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:

  • donotreply@SIL-P1.ns2cloud.com
  • systems@SIL-P1.ns2cloud.com


Nearest Major Market: Springfield

Salary : $15

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