Associate

Standish Management; Raleigh (NC); On-site; USD 50,000 - 70,000; Full time

Job summary

Standish Management, located in Raleigh, North Carolina, is seeking an Associate to join the fund administration team. This role involves administrative support and investor relations, including data entry and compiling quarterly reports for limited partners.

The ideal candidate will have a Bachelor's Degree in Accounting or Finance and strong proficiency in Microsoft Excel. Additional qualifications include attention to detail and strong organizational skills, necessary for maintaining accurate records and managing financial tasks.

Qualifications

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

Responsibilities

• Data entry of financial and client information into recordkeeping system.
• Serve as an essential part of the fund administration team.
• Responsible for maintaining and updating various filing systems.
• Monthly reconciliation of bank accounts and quarterly reporting to the Limited Partners.

Skills

Attention to detail

Ability to multitask

Strong organizational skills

Effective communication

Education

Bachelor's Degree in Accounting or Finance

Tools

Microsoft Excel

QuickBooks

Job description

Overview

We are a provider of specialized fund administration services for Managers and General Partners of private equity funds, specifically: Buyout, 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 and from investor correspondence to addressing the accounts payables and receivables for the clients.

Responsibilities

• Data entry of financial and client information into recordkeeping system
• Serve as an essential part of the fund administration team
• Responsible for maintaining and updating various filing system
• 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