INACTIVE

Internship

Internship

Summer 2025

Posted on 9/5/2024

Standish Management

501-1,000 employees

Private equity fund administration services

No salary listed

Chicago, IL, USA

Category

Auditing

Financial Accounting

Tax Accounting

Accounting

Required Skills

Quickbooks

Requirements

Knowledge of basic Accounting and Finance principles
Proficiency in Microsoft Office applications, particularly Excel, Word & Outlook
Familiarity with QuickBooks (not required, is a plus)

Responsibilities

Data entry of financial and client information into recordkeeping system
Responsible for maintaining and updating various filing systems
Assist with providing support to audit and tax teams
Other special projects as given by the Associates and Fund Controllers
Assist teams with systems conversions and other special projects

We are a provider of specialized fund administration services for Managers and General Partners of private equity funds, specifically: Buy‐out, Venture Capital, Real Estate and Fund‐of‐ Funds. For new General Partners, we provide consulting services to help accelerate the launch of their funds in addition to our full fund administration services. For established General Partners, we provide administration services and technology to whole fund families or select funds, to help scale their fund operations rapidly and efficiently.

Job Overview:

This position is ideal for someone looking to gain exposure to private equity and venture capital industries through fund administration and partnership accounting. Standish interns provide financial and administrative support primarily to the Associates and Fund Controllers. The job responsibilities include assistance with financial statement support schedules, client data entry, filing, and special projects as needed. This position also includes exposure to the systems technology that our clients utilize for reporting purposes by assisting with ongoing data entry & systems conversion projects for new and existing clients as well as analyzing reports and client documents (financial & otherwise) to determine and address discrepancies.

Essential Functions:

Data entry of financial and client information into recordkeeping system
Responsible for maintaining and updating various filing systems
Assist with providing support to audit and tax teams
Other special projects as given by the Associates and Fund Controllers
Assist teams with systems conversions and other special projects

Minimum Requirements:

Knowledge of basic Accounting and Finance principles
Proficiency in Microsoft Office applications, particularly Excel, Word & Outlook
Familiarity with QuickBooks (not required, is a plus)

Skills/Abilities:

Attention to detail
Strong written and verbal communication
Ability to multi- task and adhere to strict deadlines
Ability to work in a team and individually
Strong organizational skills and work ethic

Standish Management

View Company Profile

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 for both established and emerging private equity managers. Unlike many competitors, Standish emphasizes a comprehensive service model that caters to funds of all sizes and stages, aiming to enhance the efficiency of back-office operations. The company's goal is to deliver top-quality service and industry expertise, helping clients manage their funds effectively and efficiently.

Company Size

501-1,000

Company Stage

N/A

Total Funding

$972.7K

Headquarters

San Francisco, California

Founded

2007

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.

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