Associate

Standish Management, LLC; Seattle (WA); On-site; USD 52,000 - 78,000; Full time

Benefits offered by this job

Medical, dental & vision coverage

401K with company match

Flexible vacation plan

Sick time accrual

Job summary

Standish Management, LLC is seeking associates to join its fund administration team. You will support investor relations and perform data entry into client reporting systems while assisting with quarterly reports for limited partners and handling accounts payable and receivable for clients.

The role emphasizes teamwork, attention to detail, and the ability to multitask within a banking and investment accounting environment. A finance-related degree and proficiency with Excel are required.

Qualifications

• Bachelor’s degree in accounting or finance or related field.
• Minimum 3.0 GPA (Strong academic performance).
• Proficiency in Microsoft Excel and Office applications.
• Familiarity with QuickBooks is a plus.
• Knowledge of investment accounting concepts.
• Attention to detail and ability to multitask.
• Ability to work in a team and independently.
• Strong organizational skills and work ethic.

Responsibilities

• Data entry of financial and client information into recordkeeping systems.
• Support fund administration team and investor relations activities.
• Maintain and update filing systems for client funds.
• Assist with information for capital calls, distributions, and allocations to investors.
• Correspond with investors and handle accounts payables/receivables.
• Conduct monthly bank reconciliations and quarterly reporting to Limited Partners.

Skills

Attention to detail

Multitasking

Team player

Communication

Investment accounting concepts

Education

Bachelor’s Degree in Accounting or Finance

Tools

Excel

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 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

Benefits Include

• 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
• We provide a flexible work environment for all employees.

Compensation Ranges Annually (varies By City)

• Denver: $52,000 - $62,000
• Seattle: $78,000
• Actual compensation within that range will be dependent upon the individual's skills, experience and qualifications.