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Full-Time

Management Company Senior Accounting Specialist

Posted on 9/11/2024

Standish Management

Standish Management

501-1,000 employees

Fund administration solutions for private equity

Fintech
Financial Services

Compensation Overview

$70k - $85kAnnually

Mid

San Francisco, CA, USA

Category
Bookkeeping
Financial Accounting
Tax Accounting
Management Accounting
Accounting
Required Skills
Quickbooks
Requirements
  • A Bachelor’s Degree in Accounting or Finance Required
  • 3-4 years of accounting and general ledger experience preferred
  • Proficiency in Microsoft Office applications, particularly Excel
  • Familiarity with QuickBooks or other accounting software
  • 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
  • Perform duties for accounts payable and receivable
  • Book journal entries, bank reconciliations and maintain general ledger
  • Reconcile credit cards and expense reports
  • Assist with monthly or quarterly reporting requirements
  • Prepare 1099s and provide support for federal, state and local tax compliance
  • Maintain various web-based accounting platforms
  • Work on ad hoc requests from the client

Standish Management provides comprehensive fund administration solutions for private equity funds, leveraging technology-enabled services to efficiently manage all aspects of fund administration, including consulting for new general partners and administration for established general partners, with a focus on rapidly scaling fund operations. They have steadily grown since 2007 and currently administer more than 1,000 funds with clients having in excess of $100 billion in committed capital under administration.

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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