Fund Accounting - Senior Associate

Standish Management, LLC; Dallas (TX); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

Life insurance

Health Savings Account (HSA)

Flexible Spending Account (FSA)

401K

Flexible vacation plan

Sick time accrual

Year-end office closure

Flexible work environment

Job summary

Standish Management, LLC in Dallas seeks a Fund Accounting Associate to support the accounting team. You will prepare fund‑level financial statements, update investment schedules, and assist with capital calls and distributions to Limited Partners.

You will aid in semi‑annual portfolio reviews, monitor partnership compliance, and assist with audits, tax returns, fundraising, and partner inquiries. Strong Excel skills are essential.

Qualifications

• Bachelor’s degree in accounting or finance field required.
• 1–2 years of full‑time work experience.
• Strong academic performance (GPA 3.0+).
• Proficiency with Microsoft Excel; familiarity with QuickBooks is a plus.
• Knowledge of investment accounting concepts.
• Attention to detail and ability to multitask.
• Ability to work in a team or independently.
• Effective written and verbal communication; strong organizational skills.

Responsibilities

• Prepare fund-level financial statements and update schedules.
• Assist with semi-annual portfolio reviews and financial analysis.
• Monitor compliance with partnership agreements.
• Assist with audits, tax returns, fundraising, and meetings.
• Determine cash needs and initiate capital calls.
• Distribute financials, K-1s, capital calls, and notices to LPs.
• Support ad hoc requests from General Partners and Controllers.
• Interact with and respond to limited partner inquiries.

Skills

Attention to detail

Multitasking

Strong organizational skills

Effective communication

Teamwork

Education

Bachelor’s Degree in Accounting or Finance related field

Tools

Microsoft Excel

QuickBooks

Job description

We are a provider of specialized fund administration services for Managers and General Partners of private equity funds, specifically: Buy‐out, Venture Capital, Real Estate and Fund‐of‐ Funds. For new General Partners, we provide consulting services to help accelerate the launch of their funds in addition to our full fund administration services. For established General Partners, we provide administration services and technology to whole fund families or select funds, to help scale their fund operations rapidly and efficiently.

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.

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 Include

• 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
• We provide a flexible work environment for all employees