Associate

Standish Management UK; Los Angeles (CA); On-site; USD 62,100 - 75,900; Full time

Job summary

Standish Management UK in Los Angeles seeks a Fund Administration Associate to support administrative tasks and investor relations. This position involves data entry of financial data, maintaining filing systems, and reconciling bank accounts. A Bachelor's degree in Accounting or Finance is required, with strong proficiency in Microsoft Office, particularly Excel. The role offers a starting salary of $69,000 annually, which may vary based on individual skills and experience.

Qualifications

• Bachelor's Degree in Accounting or Finance related field.
• Strong academic performance (minimum 3.0 GPA).
• Proficiency in Microsoft Office applications, particularly Excel.
• Knowledge of various investment accounting concepts.

Responsibilities

• Data entry of financial and client information into record‑keeping system.
• Serve as an essential part of the fund administration team.
• Responsible for maintaining and updating various filing systems.
• Assisting with the preparation of information and data for capital calls, distributions, and allocations to investors.
• Corresponding with investors’ requests regarding the fund information.
• Responsible for the clients’ management companies accounts payables and receivables.
• Monthly reconciliation of bank accounts and quarterly reporting to the Limited Partners.

Skills

Proficiency in Microsoft Office applications, particularly Excel

Attention to detail

Ability to multitask

Strong organizational skills and work ethic

Ability to effectively communicate

Education

Bachelor’s Degree in Accounting or Finance related field

Tools

QuickBooks

Job description

We are a provider of specialized fund administration services for Managers and General Partners of private equity funds, specifically: Buy‑out, Venture Capital, Real Estate and Fund‑of‑Funds. For new General Partners, we provide consulting services to help accelerate the launch of their funds in addition to our full fund administration services. For established General Partners, we provide administration services and technology to whole fund families or select funds, to help scale their fund operations rapidly and efficiently.

Position Overview

Standish Management is looking for associates to join our fund administration team. With guidance from the team members, the Associate oversees the administrative support and the investor relations related to client funds. These responsibilities range from data entry into the client reporting software to compiling quarterly reports for limited partners, from investor correspondence to addressing the accounts payables and receivables for the clients.

Responsibilities

• Data entry of financial and client information into record‑keeping system
• Serve as an essential part of the fund administration team
• Responsible for maintaining and updating various filing systems
• Assisting with the preparation of information and data for capital calls, distributions, and allocations to investors
• Corresponding with investors’ requests regarding the fund information
• Responsible for the clients’ management companies accounts payables and receivables
• Monthly reconciliation of bank accounts and quarterly reporting to the Limited Partners

Qualifications And Experience

• Bachelor’s Degree in Accounting or Finance related field
• 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
• Ability to effectively communicate to team members
• Strong organizational skills and work ethic

Compensation starting at $69,000 annually. Actual compensation will be dependent upon the individual's skills, experience and qualifications.

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