Senior Associate

Standish Management, LLC; Dallas (TX); On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

Life insurance

401(k)

HSA/FSA options

Flexible vacation

Job summary

Standish Management, LLC in Dallas is seeking an entry-level to junior Fund Accountant to support the accounting department in preparing fund-level financial statements.

You will handle portfolio investments schedules, partner equity allocations, and assist with audits, tax returns, capital calls, and distribution notices, collaborating with General Partners and Controllers.

Strong Excel skills, attention to detail, and ability to work both in a team and independently are essential.

Qualifications

• Bachelor’s degree in accounting or finance relevant field.
• 1–2 years of experience in a full-time role.
• Minimum 3.0 GPA.
• Proficiency in Microsoft Excel; QuickBooks familiarity is a plus.
• Knowledge of investment accounting concepts.

Responsibilities

• Prepare financial statements for domestic and offshore fund families, updating schedules and allocations.
• Assist semi-annual portfolio review by analyzing performance.
• Monitor compliance with partnership agreements.
• Support audits, tax return review, fundraising and annual meetings.
• Determine cash needs and initiate capital calls.
• Distribute financials, K-1s, and notices to Limited Partners.
• Handle ad hoc requests from General Partners and Controllers.

Skills

Attention to detail

Multitasking

Teamwork

Communication

Organizational skills

Education

Bachelor’s Degree in Accounting or Finance related field

Tools

Excel

QuickBooks

Job description

We are a provider of specialized fund administration services for Managers and General Partners of private equity funds, specifically: Buy‑out, Venture Capital, Real Estate and Fund‑of‑ Funds. For new General Partners, we provide consulting services to help accelerate the launch of their funds in addition to our full fund administration services. For established General Partners, we provide administration services and technology to whole fund families or select funds, to help scale their fund operations rapidly and efficiently.

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 Include

• 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
• We provide a flexible work environment for all employees