Family Office Summer Intern

Job Description

Family Office Accounting Internship – Summer 2027 – San Francisco | Frank, Rimerman + Co. LLP

The Tone:
This is a Family Office Accounting Internship at Frank, Rimerman + Co. LLP, located in San Francisco, CA. The firm’s Family Office team specializes in delivering customized financial management and accounting services to ultra-high net worth individuals and their related family entities. This role offers an invaluable opportunity for interns to gain hands-on experience, develop technical and interpersonal skills, and contribute to the complex financial operations of Silicon Valley clients. Interns will deeply engage with the firm’s unique culture and values, providing a robust foundation for a successful career in public accounting and financial management.

The TL;DR
• Role: Internship
• Type: Seasonal
• Location: In-person San Francisco, CA
• Pay: $39–$43 hourly
• Team: Small teams alongside the Family Office department
• Mission: Provides customized financial management and accounting services for ultra-high net worth individuals and their related family entities.
• Tech Stack: Various accounting systems

What You’ll Actually Do
• Accounts Payable: Process accounts payable for multiple clients utilizing different accounting systems.
• Reconciliations: Reconcile vendor statements and thoroughly research any identified discrepancies.
• Transaction Categorization: Categorize bank and credit card transactions, accurately recording corresponding journal entries.
• Bank Reconciliations: Prepare precise bank reconciliations and investigate any unusual items or variances.
• Financial Analysis: Reconcile and analyze bank/brokerage accounts, as well as private equity and hedge fund capital statements.

The Must-Haves
• Background: Enrolled in a Bachelor’s and/or Master’s program, with a primary concentration in accounting, preparing for an entry-level position within financial management.
• Experience: Completion of at least one university-level accounting course is required for interview consideration, with a minimum of three accounting courses completed before the internship program commences. Candidates must be on track to fulfill academic requirements for California CPA licensure eligibility with a final graduation date between December 2027 and July 2028.
• Skills: Demonstrates clear and professional written and oral communication abilities; possesses a strong detail orientation; enjoys solving problems; capable of managing multiple client engagements and special requests effectively.
• Bonus: A minimum cumulative GPA of 3.2 is preferred, with a strong emphasis on achieving “B” grades or higher in all accounting-specific coursework and a higher major GPA. Expressed interest in establishing an accounting career specifically within the Bay Area is also a plus.