Full-Time

Management Company Controller

Confirmed live in the last 24 hours

Standish Management

Standish Management

501-1,000 employees

Private equity fund administration services

Financial Services

Mid

Salt Lake City, UT, USA

Category
Financial Accounting
Tax Accounting
Management Accounting
Accounting
Required Skills
Quickbooks
Requirements
  • A Bachelor’s Degree in Accounting or Finance preferred
  • Four or more years of public and/or private accounting experience
  • Proficiency in Microsoft Office applications, particularly Excel
  • Familiarity with QuickBooks
  • Ability to work independently as well as with a team
  • Comfortable resolving technology issues with IT support teams
  • Excellent communication and customer service skills
  • Confidence with problem-solving and analytical skills to provide guidance to clients
  • Ability to be proactive in offering support and suggestions to clients
  • Knowledge of Quickbooks, Bill.com, expense reporting software, and payroll systems (preferred)
  • Previous Alternative Investment experience (preferred)
Responsibilities
  • Oversee accounting function for multiple management company clients
  • Onboard new clients and implement preferred system platforms and processes
  • Supervise Accounting Associates and Senior Accounting Associates
  • Manage accounts payable and client expense reporting functions
  • Review journal entries, bank reconciliations and supporting work papers
  • Process and record payroll
  • Provide monthly or quarterly reporting to Management
  • Process 1099s and assist with federal, state, and local tax compliance
  • Assist with annual budgeting and forecasting process as needed
  • Work closely with clients to satisfy ad hoc requests and to provide excellent customer service
  • Work closely with Fund Teams to settle intercompany receivables and payables
  • Function as the primary contact for clients

Standish Management provides fund administration and corporate services specifically designed for private equity firms. Their services cover all aspects of fund administration, regardless of the fund's size or maturity, ensuring a complete solution for managers around the world. Standish operates with a focus on delivering personalized, high-quality service, integrating closely with clients' finance teams to enhance their back-office operations. Unlike many competitors, Standish is built by CFOs for CFOs, which allows them to understand the unique needs of private equity managers, whether they are established or emerging. Their goal is to support general partners in managing their funds efficiently by offering specialized services such as cash monitoring, asset ownership verification, and meticulous record-keeping.

Company Stage

N/A

Total Funding

$972.7K

Headquarters

San Francisco, California

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by THL could provide Standish Management with additional resources and strategic direction to expand its market presence.
  • Employees may benefit from enhanced career development opportunities and financial incentives as part of a larger, well-capitalized entity.

What critics are saying

  • Integration challenges post-acquisition could lead to operational disruptions and cultural clashes.
  • The high debt involved in the acquisition could impose financial constraints, potentially affecting job security and investment in innovation.

What makes Standish Management unique

  • Standish Management's acquisition by THL at a valuation of $1.6bn underscores its significant market position and potential for growth.
  • The company's focus on fund administration sets it apart from broader financial service providers, offering specialized expertise.

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