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Full-Time

Management Company Controller

Updated on 10/31/2024

Standish Management

Standish Management

501-1,000 employees

Private equity fund administration services

Venture Capital
Financial Services

Compensation Overview

$90k - $125kAnnually

Mid

Denver, CO, 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, which includes cash monitoring, asset ownership verification, and record-keeping. Standish operates by integrating closely with clients' finance teams, offering a personalized, high-touch service that caters to both established and emerging private equity managers. This approach allows them to manage funds of any size or maturity effectively. Unlike many competitors, Standish focuses solely on the private equity market, ensuring that they deliver specialized expertise and top-quality service to enhance back-office operations for their clients. The goal of Standish Management is to support general partners in the efficient administration of their funds, ultimately helping them to succeed in their financial endeavors.

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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