Fund Accounting Associate — Private Equity Growth & Ops

Standish Management; New York (NY); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

Life insurance

Health Savings Account and Flexible Sp

Job summary

Standish Management, a provider of specialized fund administration services for private equity funds, seeks an accounting–oriented professional to assist in day-to-day operations of the accounting department and prepare fund-level financial statements.

You will work on domestic and offshore fund families, updating investment schedules, partner equity allocations and analyzing complex transactions, while supporting audits and capital calls.

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 Excel.
• Familiarity with QuickBooks is a plus.
• Knowledge of various investment accounting concepts.

Responsibilities

• Prepare financial statements for several domestic and offshore fund families, including updating portfolio investment schedules, partner equity allocations and analyzing complex investment transactions.
• Assist 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.
• Distribute financials, K1s, capital call and distribution notices to Limited Partners.

Skills

Attention to detail

Multitasking

Teamwork

Communication skills

Investment accounting

Education

Bachelor’s Degree in Accounting or Finance related field

Tools

Microsoft Excel

QuickBooks

Job description

Standish Management, a provider of specialized fund administration services for private equity funds, seeks an accounting–oriented professional to assist in day-to-day operations of the accounting department and prepare fund-level financial statements.

You will work on domestic and offshore fund families, updating investment schedules, partner equity allocations and analyzing complex transactions, while supporting audits and capital calls.