At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual.
We put people first and demonstrate care and compassion for our community and each other. Because what we do matters to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.
Corporate Finance Co-ops
MFS is a global investment management firm focused on creating long-term value responsibly by doing what’s right for our clients every day.
Our rich history dates to 4, when our founders invented the mutual fund. Since then, collaboration and innovation have fueled our success.
Our unwavering commitment to finding the best, most durable investment opportunities is what sets us apart and our success is grounded in our unique approach, disciplined philosophy and collaborative culture.
THE ROLE
Joining our team provides opportunities to share your voice and talents, tackle challenging problems, create solutions and collaborate with dedicated co-workers.
This Co-op experience provides participants with a meaningful, relevant work experience as part of their academic studies.
In addition to daily responsibilities, participants will have the opportunity to participate in a series of structured activities designed to enhance their learning experience including :
- Co-Op New Hire Orientation
- Senior Leadership Speaker Series
- Social & Networking Events
- Presentation Challenges
At the conclusion of this position, co-ops will have increased their knowledge of investing, the mutual fund industry, employee engagement, and a firm understanding of how corporate finance works at an asset manager.
MFS co-op positions are a 6-month commitment, working Monday Friday (January 7th, 5 June th, 5), and work between - hours.
Our program is designed for undergraduate students who are currently enrolled in a co-op program through their college or university and can meet our requirements.
Corporate Finance
Our finance team works side by side with each business group to capture every purchase and expenditure, from multimillion dollar technology purchases to real estate leases.
This team records sales results and analyzes profitability. By working closely with our Management Committee, these associates support the strategic direction of the company through financial analysis, budgeting and forecasting.
Some principal responsibilities of co-ops in these groups include :
- Preparing vouchers for imaging, researching outstanding vendor invoices, and assisting with vendor and employee inquiries
- Working with Corporate Purchasing as appropriate
- Participating in preliminary discussions of audit observations with business unit personnel to verify facts, as necessary.
- Performing periodic monitoring procedures to confirm completion of Internal Audit related tasks including but not limited to the management's completion of management action plans.
Fund Treasury
Fund Treasury is a specialized group with high professional standards that is comprised of accounting, tax and financial professionals who love being immersed in mutual funds.
This knowledgeable team prepares financial information about MFS products for the public, including but not limited to quarterly, semiannual and annual fund financial statements.
Some principal responsibilities of co-ops in these groups include :
- Preparing the portfolio of investments section of the financial statements for annual, semi-annual, and quarterly shareholder reports.
- Preparing financial statements using State Street Bank reports and Fundsuite.
- Gaining exposure to different types of mutual funds; equity, fixed-income, muni, international, fund-of-funds, offshore, and more.
- Generating standard reports and assists with the analysis of various Treasury functions
- Assisting in the research and analysis of unidentified or missing bank transactions
- Participating in various projects to improve efficiency of the department.
WHAT WE ARE LOOKING FOR
- Working toward a Bachelors’ degree, preferably with a concentration in finance, accounting or other related financial discipline.
- Strong written and oral communication skills, including listening skills.
- Excellent analytical and problem-solving skills with strong attention to detail and organization.
- Ability to organize, prioritize, manage and complete multiple concurrent tasks within established time constraints.
- Works well under pressure, meeting objectives and deadlines consistently.
- Ability to work effectively with others to achieve the team's goals.
If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 0 or email for assistance.
LI-HYBRID
MFS is a hybrid work environment (remote / onsite) unless otherwise stated in the job posting.
If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 0 or email for assistance.