Fund Controller (SBIC) at Standish Management

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 Description:

The Fund Controller at Standish works with other team members to lead the financial reporting and administration operations of our clients. In conjunction with the Engagement Manager, the Fund Controller is responsible for fund accounting, capital account maintenance, financial statement preparation, and SBA regulatory oversight for clients.

Essential Functions:

Supervision of the audit and tax preparation process
Assisting with the preparation of information and data for Capital Calls, Distributions and Allocations to investors
Detailed management and tracking of portfolio company financings
Cash flow management and forecasting
Assisting with the Quarterly Reporting to the Limited Partners
Maintenance of investor information in third party software systems
Assisting with the review/preparation of SBA regulatory reports (i.e. Form 468 / Capital Certificates / Leverage Draws, etc.)
Some local travel to Client sites as needed

Minimum Requirements:

Bachelor's Degree (Finance/Accounting/Economics concentration preferred)
2+ years of public accounting experience or equivalent
Experience preparing or reviewing fund financial statements under US GAAP
Ability to multitask and perform tasks under strict deadlines
Ability to work in a team and individually
Professional verbal and written communication skills
Attention to detail and strong organizational skills

Stand Out Qualifications:

CPA
Understanding of loan-level accounting mechanics (PIK, OID, amortization schedules, first lien/second lien structures)
Understanding of NAV calculations, management fee computations, and waterfall mechanics outlined in legal documents
Private Equity/Venture Capital experience
Knowledge of Partnership Accounting
Familiarity with QuickBooks

Benefits Include:

Comprehensive medical, dental, vision coverage, along with life insurance, Health Savings Account and Flexible Spending Account options
Comprehensive disability/maternity and paternity plans
401K
Flexible Vacation Plan
Sick Time Accrual Plan
Standard holidays along with year-end office closure
A flexible work environment for all employees

*Compensation range: $85,000-105,000 annually. Actual compensation within that range will be dependent upon the individual's skills, experience and qualifications.

Life at Standish Management

We are a 100% employee-owned provider of specialized fund administration services for Managers and General Partners of private equity funds, generally: 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.

From our start in 2007, we have grown steadily and currently administer over 450 funds with clients who have in excess of $35 billion in committed capital under administration.

Standish is headquartered in San Francisco with additional offices in Boston, Chicago, Dallas, Palo Alto, Santa Monica, Seattle, Walnut Creek and Woodland Hills.

Thrive Here & What We Value

Specialized fund administration services for Managers and General Partners of private equity funds

Consulting services to help accelerate the launch of new General Partner's funds

Administration services and technology to whole fund families or select funds, aiding in scaling operations efficiently

Engagement Management for Treasury including wire setup management, cash flow monitoring, tax 1099 preparation, and journal entries

Requires applicants with relevant degrees and experience in Accounting, Finance, Economics, or related fields

Offers flexible work arrangements such as telecommuting