Fund Accounting - Senior Associate

Standish Management, LLC; Boston (MA); On-site; USD 74,000 - 100,000; Full time

Benefits offered by this job

Comprehensive benefits

401K

Flexible vacation

Job summary

Standish Management, LLC is seeking an accounting professional to assist in day-to-day operations and prepare fund-level financial statements. The role requires collaboration with managers and teams across fund families, with emphasis on accuracy, attention to detail, and timely reporting.

The candidate should have a Bachelor’s degree in accounting or finance, 1–2 years of experience, strong Excel skills, and familiarity with investment accounting concepts.

Qualifications

• Bachelor’s Degree in Accounting or Finance related field.
• 1–2 years of experience in a full-time role.
• Proficiency in Microsoft Excel.
• Familiarity with QuickBooks (not required, is a plus).
• Knowledge of various investment accounting concepts.
• Attention to detail and strong organizational skills.
• Ability to multitask and work in a team or individually.

Responsibilities

• Prepare financial statements for several domestic and offshore fund families, including updating portfolio investment schedules and partner equity allocations.
• Analyze complex investment transactions and assist with the semi-annual portfolio review process.
• Monitor compliance with complex partnership agreements and assist with audits, tax return review, fundraising, and annual meetings.
• Determine cash needs of partnerships and initiate capital calls; distribute financials, K1s, and notices to Limited Partners.
• Support ad hoc requests from General Partners and Controllers.

Education

Bachelor’s Degree in Accounting or Finance related field

Tools

Excel

QuickBooks

Job description

Job Description

Reporting to one of the managers, this position will assist in the day-to-day operations of the accounting department and prepare fund-level financial statements.

Reporting to one of the managers, this position will assist in the day-to-day operations of the accounting department and prepare fund-level financial statements.

Essential Functions

• 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

Minimum Requirements

• Bachelor’s Degree in Accounting or Finance related field
• 1-2 years of experience in a full-time role
• 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 Range (Varies By City)

Boston: $74,000+

• Actual compensation will be dependent upon the individual's skills, experience and qualifications.