Fund Accounting Senior Associate, Private Credit - Flexible

Standish Management, LLC; Boston (MA); On-site; USD 67,000 - 81,000; Full time

Benefits offered by this job

Comprehensive medical, dental, vision

Life insurance

Health Savings Account

Flexible Spending Account options

Disability/maternity and paternity"

401K

Flexible Vacation Plan

Sick Time Accrual Plan

Year-end office closure

Flexible work environment

Job summary

Standish Management, LLC in Boston seeks an entry-level accounting professional to support the day-to-day operations of the accounting department and prepare fund-level financial statements.

You will prepare statements for domestic and offshore funds, assist with portfolio reviews, and help ensure compliance with partnership agreements. The role offers a collaborative environment and exposure to complex investment accounting.

Qualifications

• 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.

Responsibilities

• 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

Education

Bachelor's degree in Accounting or Finance related field

1-2 years of experience in a full-time role

Strong academic performance

Ability to multitask

Attention to detail

Ability to work in a team and individually

Ability to effectively communicate to team members

Strong organizational skills

Tools

Excel

QuickBooks

Job description

Standish Management, LLC in Boston seeks an entry-level accounting professional to support the day-to-day operations of the accounting department and prepare fund-level financial statements.

You will prepare statements for domestic and offshore funds, assist with portfolio reviews, and help ensure compliance with partnership agreements. The role offers a collaborative environment and exposure to complex investment accounting.