Senior Associate - New York

Standish Management, LLC

Jun 22

Applications are closed

Job
Full-time
Junior Level
Accounting & Tax
$70K - $90K
New York

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

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

FAQs

What is the reporting structure for this position?

This position reports to one of the managers in the accounting department.

What are the main responsibilities of this role?

The main responsibilities include assisting in day-to-day operations of the accounting department and preparing fund-level financial statements.

What location is this position based in?

This position is based in New York.

Will there be opportunities for growth and advancement in this role?

There may be opportunities for growth and advancement within the accounting department based on performance and experience.

Is prior experience in accounting required for this position?

Prior experience in accounting is preferred but not required. Training and guidance will be provided to the successful candidate.

Standish Management, LLC

Standish is a provider of specialized fund administration services for Private Equity Funds

Venture Capital & Private Equity

Industry

501-1000

Employees

2007

Founded Year

Mission & Purpose

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. From our start in 2007, we have grown steadily and currently administer more than 1,000 funds with clients who have in excess of $100 billion in committed capital under administration.