Spring 2027 Fund Admin Account Oversight Co-op (January-June)

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.

MFS is a global investment management firm focused on creating long-term value responsibly by doing whats right for our clients every day. Our rich history dates to 1924 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.

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 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 fund treasury works at an asset manager.

MFS co-op positions are a 6-month commitment working Monday Friday (beginning on Wednesday January 13th through Friday June 25th 2027) and work between 35-40 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.

Principle Responsibilities

• Instruct and coordinate payment instructions to external vendors to ensure payments are made timely and accurately.

• Prepares and monitors asset based fees expense caps fund expense ratios expense budgets and prepares additional deliverables as needed.

• Prepare distribution rate worksheets for review by Accounting Manager.

• Ensure communication of dividend rates via Press Releases and Daily Rate Memos is completed in a timely fashion.

• Monitor As-of Capstock activity on a daily basis and communicate any necessary adjustments to the custodian bank.

• Review daily money market yields SEC Yields and support the defaulted bond communications and payment tracking process.

Qualifications

• Working toward a Bachelors degree preferably with a concentration in accounting or other related financial discipline.

• Experience working in a diverse environment where production controls and deadlines are required preferred.

• Good analytical organizational and written and verbal communication skills.

• Experience or familiarity with MS Excel.

Hourly Pay Rate: $21.00-$25.00

If any applicant is unable to complete an application or respond to a job opening because of a disability please contact MFS at or email for assistance.

MFS is an Affirmative Action and Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race color religion sex national origin age marital status sexual orientation gender identity genetic information disability veteran status or any other status protected by federal state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally retaliation including intimidation threats or coercion because an employee or applicant has objected to discrimination engaged or may engage in filing a complaint assisted in a review investigation or hearing or have otherwise sought to obtain their legal rights under any Federal State or local EEO law is prohibited.

#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 or email for assistance.

MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race color religion sex national origin age marital status sexual orientation gender identity genetic information disability veteran status or any other status protected by federal state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally retaliation including intimidation threats or coercion because an employee or applicant has objected to discrimination engaged or may engage in filing a complaint assisted in a review investigation or hearing or have otherwise sought to obtain their legal rights under any Federal State or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document linked for your reference.