Fund Accounting - Associate

Standish Management, LLC; Denver (CO); On-site; USD 52,000 - 62,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Life insurance

Health Savings Account

Flexible Spending Account

Disability plan

401K

Flexible vacation

Sick time accrual

Holidays

Flexible work environment

Job summary

Standish Management, LLC is seeking associates to join its fund administration team in Denver. The Associate oversees administrative support and investor relations for client funds, handling data entry and reporting, and assisting with payables/receivables.

The role involves preparing information for capital calls, distributions, and allocations, and responding to investor requests while ensuring accurate quarterly reporting to Limited Partners.

Qualifications

• Bachelor’s degree in Accounting or Finance or related field.
• Strong GPA or academic performance.
• Proficiency with Microsoft Excel and accounting concepts.
• Familiarity with QuickBooks is a plus.

Responsibilities

• Data entry of financial and client information into recordkeeping system.
• Maintain and update filing systems for clients.
• Assist with information for capital calls, distributions, and allocations.
• Correspond with investors and manage accounts payables/receivables.
• Monthly bank reconciliations and quarterly reporting to Limited Partners.
• Support investor relations related tasks within the fund administration team.

Skills

Attention to detail

Multitasking

Team work

Communication

Excel proficiency

QuickBooks familiarity

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
• San Francisco: $70,000+
• Actual compensation within that range will be dependent upon the individual's skills, experience and qualifications.

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