Fund Accounting Associate

Standish Management, LLC; Los Angeles (CA); On-site; USD 59,000 - 79,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

Life insurance

401K

Flexible vacation plan

Sick time accrual

Year-end office closure

Flexible work environment

Job summary

Standish Management, LLC in Los Angeles is seeking Associates to join the fund administration team. Under guidance, the Associate oversees administrative support and investor relations for client funds, from data entry to compiling quarterly reports for limited partners and from investor correspondence to accounts payable/receivable.

This role emphasizes accuracy, teamwork, and the ability to multitask, with a strong focus on Excel proficiency and familiarity with QuickBooks being a plus, and a

Qualifications

• Bachelor’s degree in accounting or finance required.
• Minimum 3.0 GPA preferred.
• Proficient in Microsoft Excel; QuickBooks experience is a plus.
• Familiarity with investment accounting concepts and strong organizational skills.

Responsibilities

• Data entry of financial and client information into the recordkeeping system.
• Serve as an essential part of the fund administration team and investor relations for client funds.
• Maintain and update filing systems and assist with information for capital calls, distributions, and allocations.
• Correspond with investors and handle accounts payables and receivables for clients.
• Monthly bank reconciliations and quarterly reporting to Limited Partners.

Skills

Data entry

Investor relations

Excel proficiency

Communication

Teamwork

Attention to detail

Multitasking

Work ethic

Education

Bachelor’s Degree in Accounting or Finance

GPA 3.0 or higher

Tools

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.

California Privacy Rights Act (CPRA)