Full-Time

Senior Associate

Updated on 3/14/2025

Standish Management

Standish Management

501-1,000 employees

Private equity fund administration services

Compensation Overview

$74kAnnually

Mid, Senior

Boston, MA, USA

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
Quickbooks
Excel/Numbers/Sheets
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
  • Familiarity with QuickBooks (not required, is a plus)
  • 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
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
Desired Qualifications
  • Familiarity with QuickBooks (not required, is a plus)

Standish Management provides fund administration and corporate services specifically designed for private equity firms. Their services cover all aspects of fund administration, including cash monitoring, asset ownership verification, and record-keeping, ensuring that private equity managers can focus on their core business. Standish operates with a high-touch, personalized approach, integrating closely with clients' finance teams to deliver tailored solutions regardless of the fund's size or maturity. This firm distinguishes itself from competitors by being built by CFOs for CFOs, emphasizing industry expertise and a commitment to quality service. The goal of Standish Management is to support both established and emerging private equity managers in efficiently managing their back-office operations, ultimately enhancing their overall effectiveness in the market.

Company Size

501-1,000

Company Stage

N/A

Total Funding

$972.7K

Headquarters

San Francisco, California

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for ESG reporting boosts need for Standish's specialized services.
  • Outsourcing back-office functions in private equity is growing, benefiting Standish.
  • Complex regulatory requirements create opportunities for Standish's compliance services.

What critics are saying

  • Emerging fintech companies offer automated solutions, increasing competition for Standish.
  • THL's acquisition may disrupt existing client relationships or service models.
  • Rebranding of CORE to Standish Compliance Services might confuse existing clients.

What makes Standish Management unique

  • Standish Management is 100% employee-owned, ensuring strong alignment with client interests.
  • The firm offers a high-touch, white glove approach tailored for private equity firms.
  • Standish integrates seamlessly with clients' finance teams, enhancing operational efficiency.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

Flexible Work Hours

Remote Work Options

Company News

Business Wire
Sep 19th, 2024
Standish Completes Acquisition of CORE-CCO; CORE Rebrands to Standish Compliance Services

Standish Management, LLC, the leading independent provider of fund administration services to alternative capital funds, today announced it has comple

Private Equity Wire
Jul 20th, 2023
THL to acquire Standish in $1.6bn deal

Buyout firm Thomas H Lee Partners (THL) has agreed a deal to acquire a majority stake in US-based fund administrator Standish Management that values the business at around $1.6bn, including debt, according to a report by Reuters.