Fund Accounting - Senior Associate

Standish Management•Dallas, TX

About The Position

Reporting to one of the managers, the Fund Accounting - Senior Associate assists with the day-to-day operations of the accounting department and prepares fund-level financial statements. The role supports domestic and offshore fund families and works with investment schedules, partnership allocations, investment transactions, compliance, audits, tax returns, fundraising, and communications with Limited Partners.

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 several domestic and offshore fund families, including updating portfolio investment schedules, allocating partner equity, and analyzing complex investment transactions.
Assist with 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, capital call notices, 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.