Fund Accounting Senior Associate

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

Benefits offered by this job

Comprehensive health coverage

Life insurance and HSA/FSA options

401K

Flexible vacation

Sick time accrual

Year-end office closure

Flexible work environment

Job summary

Standish Management is seeking an opportunistic fund accounting analyst to support day-to-day accounting operations and prepare fund-level financial statements in Walnut Creek. You will work on domestic and offshore fund families, update investment schedules, and assist with audits and tax reviews.

The role requires 1–2 years of experience, a 3.0+ GPA, and strong Excel skills. You will collaborate with managers and allow for both teamwork and independent work in a flexible environment.

Qualifications

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

Responsibilities

• Prepare financial statements for domestic and offshore fund families, updating schedules and analyzing investments.
• Assist in semi-annual portfolio reviews and track partnership and portfolio company performance.
• Monitor compliance with partnership agreements.
• Assist with audits, tax return review, fundraising and annual meetings.
• Determine cash needs and initiate capital calls for partnerships.
• Distribute financials, K1s, capital calls and notices to Limited Partners.
• Perform special projects for General Partners and Controllers.
• Respond to ad hoc limited partner requests.

Skills

Attention to detail

Multitask

Teamwork

Education

Bachelor’s Degree in Accounting or Finance related field

Tools

Excel

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
• 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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