Fund Accounting - Senior Associate

Standish Management, LLC; Seattle (WA); On-site; USD 72,000 - 88,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

Life insurance

Health Savings Account

Flexible Spending Account options

401K

Flexible Vacation Plan

Sick Time Accrual

Year-end office closure

Job summary

Standish Management, LLC in Seattle seeks a staff accountant to assist in day-to-day operations of the accounting department and prepare fund-level financial statements for domestic and offshore fund families. You will update investment schedules, analyze transactions, support audits, and help with capital calls and distribution notices.

You will interact with General Partners and Controllers, ensuring accuracy and timeliness in reporting, while maintaining strong attention to detail in a

Qualifications

• Bachelor's degree in accounting or finance required.
• 1-2 years of full-time accounting experience.
• Strong Excel skills and familiarity with QuickBooks a plus.

Responsibilities

• Prepare financial statements for domestic and offshore fund families, updating investment schedules and partner equity allocations.
• Analyze and track partnership and portfolio company financial performance.
• Monitor compliance with partnership agreements and assist with audits and tax reviews.
• Assist with capital calls and distribution notices to Limited Partners.
• Distribute financials, K1s, and notices to LPs electronically.
• Interact with ad hoc LP requests and support meetings with General Partners and Controllers.

Skills

Attention to detail

Multitasking

Communication skills

Teamwork

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.

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 Ranges Annually (varies By City)

• Seattle: $80,000+
• LA: $80,000+
• Actual compensation will be dependent upon the individual's skills, experience and qualifications.

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