[Hiring] Financial Analyst Internship @Clarenza

Role Description

This is a hands-on, detail-driven role for someone who thinks like an investor. You will use Clarenza the way an associate at a buyout or growth fund would:

• Running data rooms through the platform, checking every figure against its source, and pinpointing where our KPIs and investment memos can better reflect the underlying documents.
• Your work will directly improve the product experience.
• This role reports to the CEO.

What You’ll Own

• Deal Processing: Running test and live data rooms (CIMs, management accounts, audited statements, cap tables, board packs) through Clarenza and reviewing the KPIs and memos it produces.
• Figure Verification: Matching every number to its source across revenue, EBITDA, margins, ARR, growth, net debt, cash burn, headcount and market size.
• Error Detection: Hunting for the classic errors:
  • Scale and unit mistakes
  • Wrong or mixed currencies
  • Period mismatches (FY vs LTM vs quarter, calendar vs fiscal year)
  • Adjusted and reported figures presented as the same thing
  • Sign errors
  • Double counting
  • Totals that don't add up
  • Implausible values
  • CIM claims that contradict the audited accounts
• Red-Flag Test Rooms: Building realistic data rooms with planted inconsistencies and scoring whether Clarenza catches them.
• Answer Key: Maintaining the correct value, source and page for every KPI, so each new release can be checked against it.
• Issue Logging: Documenting findings precisely in our issue tracker (document, page, expected value, reported value, severity and steps to reproduce).

Qualifications

• Enrolled in a bachelor's or master's programme in finance, accounting, economics or business, or an equivalent qualification (for example, a CFA candidate while at university), with enrolment status and study regulations that allow this internship.
• A solid grasp of the three financial statements and how they link, including EBITDA adjustments, working capital and net debt.
• Strong Excel skills.
• A clear interest in private equity, venture capital, growth equity, buyouts or family office investing.
• Meticulous and comfortable saying a number is wrong, then proving it.
• Clear written communication and the discipline to work remotely without close supervision.
• Fluent English (C1 or above), written and spoken.

Nice to Have

• A previous internship in PE, VC, M&A, transaction services, audit or corporate finance.
• Valuation, LBO or three-statement modelling experience.
• SaaS metrics knowledge (ARR, NRR, CAC payback).
• German (many DACH deal documents are in German).
• Membership of a student finance club.
• Hands-on use of AI tools, with basic Python or SQL as a plus.

Location & Working Style

• Location: Remote-first, with working hours overlapping CET. The team is based in Hamburg (HQ), Vienna and Lisbon.
• Engagement: Unpaid internship, either a mandatory curricular internship or a voluntary internship alongside your studies. 3 months (longer only if required by your study regulations), 15 to 20 hours per week, flexible start.
• Development: Weekly 1:1 with the CEO, a written learning plan agreed in week one, midpoint and final reviews, a detailed internship certificate (Praktikumszeugnis), a personal reference and university paperwork on successful completion. Where there is a strong fit, a conversation about future roles with us.

How to Apply

Send your CV (one page preferred), a short note (max 200 words) on why private markets interest you, confirmation of your enrolment and whether this would be a mandatory internship, and your preferred start date, duration, and weekly hours to [email protected] with the subject "Financial Analyst Internship". The process is a 20-minute intro call, a 60-minute take-home exercise (a two-page financial summary with deliberate errors to find), and a 30-minute walkthrough of your findings and audit trail.