Fund Accounting Senior Associate

Standish Management, LLC; Los Angeles (CA); On-site; USD 72,000 - 88,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

Life insurance

401K

Flexible vacation plan

Sick time accrual

Year-end office closure

Flexible work environment

Job summary

Standish Management, LLC in Los Angeles seeks an accounting assistant to support day-to-day operations and prepare fund-level financial statements. You will update investor schedules, analyze complex transactions and assist with audits, tax reviews and capital calls.

Ideal candidates have a bachelor’s in accounting or finance, 1–2 years of experience, strong Excel skills and accuracy. A collaborative, detail-oriented team player is essential.

Qualifications

• Bachelor’s degree in accounting or finance or related field.
• 1–2 years of full-time accounting experience.
• Strong GPA and attention to detail.
• Proficiency in Excel and MS Office.
• Familiarity with QuickBooks is a plus.
• Knowledge of investment accounting concepts.

Responsibilities

• Prepare fund-level financial statements and update investment schedules.
• Analyze complex investment transactions and partner equity allocations.
• Support semi-annual portfolio reviews and track performance.
• Monitor compliance with partnership agreements.
• Assist with audits, tax review, fundraising and meetings.
• Calculate capital calls and distribution needs for partnerships.
• Distribute financials, K-1s, and notices to Limited Partners.
• Handle ad hoc partner requests and special projects.

Skills

Excel

Attention to detail

Multitasking

Teamwork

Communication

Education

Bachelor’s Degree in Accounting or Finance

Tools

Microsoft Office

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.

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

$80,000+ annually

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

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