Fund Accounting Associate — Private Equity Admin

Standish Management; Chicago (IL); On-site; USD 70,000 - 85,000; Full time

Benefits offered by this job

Comprehensive health coverage

401K

Flexible vacation plan

Sick time accrual

Job summary

Standish Management is a trusted provider of specialized fund administration services for private equity funds, including Buyout, Venture Capital, Real Estate, and Fund-of-Funds. The role supports day-to-day accounting and prepares fund-level financial statements for domestic and offshore fund families.

Reporting to a manager, you will assist with audits, capital calls, and ad hoc requests while maintaining accuracy and strong communication within a team.

Qualifications

• Bachelor’s Degree in Accounting or Finance related field.
• 1-2 years of experience in a full-time role.
• 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.
• Strong organizational skills and work ethic.

Responsibilities

• Prepare financial statements for domestic and offshore fund families.
• Update portfolio investment schedules and partner equity allocations; analyze investment transactions.
• Support semi-annual portfolio review process and track financial performance.
• Monitor compliance with partnership agreements.
• Assist with audits, tax return review, fundraising and meetings.
• Determine cash needs of partnerships and initiate capital calls.
• Distribute financials, K-1s, capital calls to Limited Partners.
• Perform special projects for General Partners and Controllers.
• Respond to ad hoc limited partner requests.

Skills

Attention to detail

Multitasking

Teamwork

Communication

Organization

Education

Bachelor’s Degree in Accounting or Finance related field

Tools

Excel

QuickBooks

Job description

Standish Management is a trusted provider of specialized fund administration services for private equity funds, including Buyout, Venture Capital, Real Estate, and Fund-of-Funds. The role supports day-to-day accounting and prepares fund-level financial statements for domestic and offshore fund families.

Reporting to a manager, you will assist with audits, capital calls, and ad hoc requests while maintaining accuracy and strong communication within a team.