Fund Accounting Senior Associate
Standish Management
$75,000 / year
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Description
Job Description:
Reporting to one of the managers, this position will assist in the day-to-day operations of the accounting department and prepare fund-level financial statements.
Essential Functions:
- Prepare financial statements for several domestic and offshore fund families, which includes updating portfolio investment schedules, partner equity allocations and analyzing complex investment transactions
- Help with the internal semi-annual portfolio review process, analyzing and tracking partnership and portfolio company financial performance
- Monitor compliance with complex partnership agreements
- Assist with audits, tax return review, fundraising and annual meeting activities
- Determine cash needs of partnerships and initiate capital calls
- Electronically distribute financials, K1s, capital call and distribution notices to Limited Partners
- Perform special projects as requested by the General Partners and Controllers
- Interact with and respond to ad hoc limited partner requests
Minimum Requirements:
- Bachelor’s Degree in Accounting or Finance related field
- 1-2 years of experience in a full-time role
- Strong academic performance (minimum 3.0 GPA)
- Proficiency in Microsoft Office applications, particularly Excel
- Familiarity with QuickBooks (not required, is a plus)
- Knowledge of various investment accounting concepts
- Attention to detail
- Ability to multitask
- Ability to work in a team and individually
Benefits:
- Comprehensive medical, dental, vision coverage, along with life insurance, Health Savings Account and Flexible Spending Account options
- Comprehensive disability/maternity and paternity plans
- 401K
- Flexible Vacation Plan
- Sick Time Accrual Plan
- Standard holidays along with year-end office closure
- A flexible work environment for all employees
Compensation: $75,000+ annually
* Actual compensation within that range will be dependent upon the individual's skills, experience and qualifications.
Benefits
- health insurance
- vision insurance
- 401(k)
- stock options
- parental leave
- life insurance
About this role
Standish Management's fund accounting team is looking for someone to handle the financial operations side of managing domestic and offshore investment funds. You'd prepare fund-level financial statements, track portfolio performance and partner equity, monitor compliance with partnership agreements, and manage the mechanics of capital calls and distributions to limited partners. The role also involves supporting audits, tax reviews, and fundraising activities, plus responding to partner inquiries as they come up.
This is an entry-level position suited to someone with a recent accounting or finance degree and one to two years of full-time accounting experience. You'll need solid Excel skills and a working knowledge of investment accounting concepts. The job demands attention to detail and the ability to juggle multiple fund families and ad hoc requests simultaneously, though you'll have manager support and work as part of a team.
Standish offers standard institutional benefits including medical, dental, vision, a 401k, flexible vacation, and a year-end office closure. The role is based in San Francisco and requires in-office work.
How this employer is doing
solid
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In the news
Standish Management Expands Technology Ecosystem with DataSnipper's Agentic Platform, PR Newswire
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Pay for this role
$75,000 per year
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