Fund Accounting Associate

Standish Management, LLC; Denver (CO); On-site; USD 47,000 - 57,000; Full time

Benefits offered by this job

Health insurance

Dental & Vision coverage

Life insurance

HSA/FSA options

401K

Flexible vacation plan

Sick time accrual

Year-end office closure

Job summary

Standish Management, LLC is seeking an Associate to support the fund administration team. You will oversee administrative tasks and investor relations for client funds, from data entry to quarterly reporting for limited partners.

The role involves preparing information for capital calls, distributions, and allocations, handling investor inquiries, and assisting with payables/receivables. Collaboration within the team and accurate recordkeeping are essential.

Qualifications

• Bachelor’s Degree in Accounting or Finance related field.
• Minimum 3.0 GPA.
• Proficiency with Microsoft Excel and other Office apps.
• Familiarity with QuickBooks is a plus.
• Knowledge of investment accounting concepts.
• Strong attention to detail and accuracy.
• Ability to multitask and manage competing priorities.
• Ability to work in a team and independently.
• Effective communication with team members.
• Strong organizational skills and work ethic.

Responsibilities

• Data entry of financial and client information into the recordkeeping system.
• Support the fund administration team as an essential member.
• Maintain and update various filing systems.
• Assist with information for capital calls, distributions, and allocations to investors.
• Correspond with investors regarding fund information.
• Manage clients’ accounts payables and receivables.
• Monthly bank reconciliations and quarterly reporting to Limited Partners.

Skills

Data entry

Teamwork

Communication

Attention to detail

Multitask

Organizational skills

Education

Bachelor’s Degree in Accounting or Finance

Tools

Excel

QuickBooks

Job description

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

• 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 Annually Starting At (varies By City)

• Denver: $52,000+
• Seattle: $78,000+
• Bay Area: $70,000+
• LA: $69,000+
• Chicago: $62,000+
• Boston: $64,000+
• NYC: $60,000+

Actual compensation within that range will be dependent upon the individual's skills, experience and qualifications.

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