Finance Intern

About the role

Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities.

Tower is home to some of the world’s best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization.

Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance.

At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do — combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best.

At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.

Responsibilities

Support the month-end accounting close for Tower companies, including analysis, substantiation, and reconciliation of balance sheet and income statement accounts

Support the monthly global financial consolidation process and review consolidated financial statements

Prepare financial reports and deliverables utilized by Tower’s partners and senior management

Prepare schedules to support legal entity tax filings and partner tax deliverables

Gather and analyze large data sets to facilitate improvement in the methodologies, tools, and techniques to enable the team to scale and optimize operations

Collaborate with the financial technology team to assess internal processes and develop automated solutions

Contribute to ad hoc Finance initiatives and special projects as required

Qualifications

An in-process Bachelor’s degree in accounting or a related field

University level understanding of US GAAP

Advanced knowledge of Microsoft Excel (nested functions)

Meticulous attention to detail and strong organization skills

Ability to manage multiple demands and competing deadlines

Excellent written and verbal communication skills

The ability to prioritize multiple tasks in a fast-paced environment

Anticipated weekly base salary range $1,000-2,000

Tower’s headquarters are in the historic Equitable Building, right in the heart of NYC’s Financial District and our impact is global, with over a dozen offices around the world.

At Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive – without the egos. Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win.

Our benefits include:

Competitive compensation package

Free breakfast, lunch, and snacks daily

Exciting networking and social events (e.g. Broadway shows, escape rooms, cooking classes)

Opportunities to learn from senior management across the firm

Mentors from your alma mater and other top institutions

At Tower, you’ll find a collaborative and welcoming culture, a diverse team and a workplace that values both performance and enjoyment. No unnecessary hierarchy. No ego. Just great people doing great work – together.

Tower Research Capital is an equal opportunity employer.