Fund Accounting Senior Associate

Standish Management•Boston, MA

1d•$74,000•Hybrid

About The Position

This position will assist in the day-to-day operations of the accounting department and prepare fund-level financial statements. The role reports to one of the managers.

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
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

Nice To Haves

Familiarity with QuickBooks

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