Client Treasury Senior Associate

Standish Management UK; Chicago (IL); On-site; USD 70,000 - 80,000; Full time

Job summary

Standish Management UK is seeking an Accounting Associate in Chicago, Illinois. This role involves preparing fund-level financial statements, assisting with audits, and supporting the accounting department's day-to-day operations. Candidates should have a Bachelor's Degree in Accounting or Finance, with 1-2 years of relevant experience and strong Microsoft Excel skills. The position offers a competitive salary range of $70,000-80,000 annually, depending on skills and qualifications.

Qualifications

• 1-2 years of experience in a full-time role.
• Strong academic performance (minimum 3.0 GPA).
• Attention to detail and ability to multitask.

Responsibilities

• Prepare financial statements for domestic and offshore fund families.
• Help with internal semi-annual portfolio reviews.
• Monitor compliance with partnership agreements.

Skills

Accounting principles

Financial analysis

Microsoft Excel

Teamwork

Organization

Education

Bachelor’s Degree in Accounting or Finance

Tools

QuickBooks

Job description

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.

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 conceptsAttention 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 range: $70,000-80,000 annually. Actual compensation within that range will be dependent upon the individual's skills, experience and qualifications.