Fund Accounting Senior Associate

Standish Management, LLC; Walnut Creek (CA); On-site; USD 68,000 - 83,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

Life insurance

Health Savings Account

Flexible Spending Account

401K

Flexible Vacation Plan

Sick Time Accrual Plan

Year-end office closure

Flexible work environment

Job summary

Standish Management, LLC is seeking an accounting associate to assist in day-to-day operations of the accounting department and to prepare fund-level financial statements. The role involves preparing statements for domestic and offshore funds, updating schedules, and analyzing complex investment transactions.

You will support semi-annual portfolio reviews, monitor partnership agreements, and assist with audits, tax reviews, fundraising, and annual meetings.

Qualifications

• Bachelor’s degree in accounting or finance required.
• 1–2 years of experience in a full-time role.
• Strong academic performance (minimum 3.0 GPA).
• Proficiency in Microsoft Office applications, particularly Excel.
• Knowledge of various investment accounting concepts.
• Attention to detail.
• Ability to multitask.
• Ability to work in a team and individually.

Responsibilities

• Prepare financial statements for several domestic and offshore fund families, 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.
• 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.

Skills

Attention to detail

Multitasking

Teamwork and independent work

Education

Bachelor’s Degree in Accounting or Finance related field

Tools

Microsoft Excel

Microsoft Office

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
• Knowledge of various investment accounting concepts
• Attention to detail
• Ability to multitask
• Ability to work in a team and individually

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

Walnut Creek: $75,000+ annually

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

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