Fund Accounting Senior Associate

Standish Management • Dallas, TX

4d

About The Position

Reporting to one of the managers, the Fund Accounting Senior Associate assists with day-to-day accounting department operations and prepares fund-level financial statements. The role supports domestic and offshore fund families, partnership and portfolio company performance reviews, partnership agreement compliance, audits, tax return review, fundraising, annual meetings, and limited partner communications.

Requirements

• Bachelor’s degree in Accounting or a related Finance field.
• 1–2 years of experience in a full-time role.
• 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 both in a team and independently.
• Ability to communicate effectively with team members.
• Strong organizational skills and work ethic.

Nice To Haves

• Familiarity with QuickBooks.

Responsibilities

• Prepare financial statements for domestic and offshore fund families, including updating portfolio investment schedules, allocating partner equity, and analyzing complex investment transactions.
• Support the internal semi-annual portfolio review process by 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 partnership cash needs and initiate capital calls.
• Electronically distribute financial statements, K1s, and 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.

Benefits

• Comprehensive medical, dental, and vision coverage.
• Life insurance.
• Health Savings Account and Flexible Spending Account options.
• Disability plans.
• Maternity and paternity plans.
• 401(k).
• Flexible Vacation Plan.
• Sick Time Accrual Plan.
• Standard holidays and year-end office closure.
• Flexible work environment for all employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level