Fund Accounting Associate — Flexible Environment & Growth

Standish Management; Boston (MA); On-site; USD 67,000 - 81,000; Full time

Benefits offered by this job

Medical, dental, vision

Life insurance

HSA & FSA

401K

Flexible vacation

Sick time accrual

Holidays

Flexible work environment

Job summary

Standish Management is seeking an accounting professional to support the day-to-day operations of the accounting department and prepare fund-level financial statements for domestic and offshore fund families.

You will assist with portfolio reviews, monitor partnership agreement compliance, and help with audits, tax returns, fundraising, and capital calls, working both independently and as part of a team.

Qualifications

• Bachelor’s Degree in Accounting or Finance related field.
• 1–2 years of full-time work experience.
• Minimum 3.0 GPA.
• Proficiency in Microsoft Excel; Excel-focused tasks common.
• Familiarity with QuickBooks (not required, a plus).
• Knowledge of investment accounting concepts.
• Strong attention to detail and ability to multitask.
• Ability to work in a team and individually.
• Strong communication and organizational skills.

Responsibilities

• 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

Skills

Attention to detail

Multitasking

Teamwork

Communication

Organizational skills

Investment accounting concepts

Education

Bachelor’s Degree in Accounting or Finance related field

Tools

Excel

Microsoft Office

QuickBooks

Job description

Standish Management is seeking an accounting professional to support the day-to-day operations of the accounting department and prepare fund-level financial statements for domestic and offshore fund families.

You will assist with portfolio reviews, monitor partnership agreement compliance, and help with audits, tax returns, fundraising, and capital calls, working both independently and as part of a team.