Bachelor's Degree in Finance, Accounting, or Economics preferred
15+ years of public accounting experience or equivalent
Strong knowledge of US GAAP for investment companies
Leadership experience in private equity, venture capital, or fund administration
Expertise in partnership accounting and carried interest calculations
Advanced Microsoft Excel skills for financial modeling and data analysis
Proven ability to manage and develop a team effectively
Responsibilities
Manage client relationships, including onboarding and fund setup
Oversee quarterly and annual financial statement processes
Analyze data for Capital Calls, Distributions, and Allocations
Review accounting records and financial statements
Ensure compliance with SBA reporting requirements
Supervise audit and tax preparation processes
Drive process improvements for fund accounting efficiency
Mentor and develop the fund accounting team
Contribute to strategic planning at the senior leadership level
Benefits
Comprehensive medical, dental, and vision coverage
Life insurance and Health Savings Account options
Disability, maternity, and paternity plans
401K retirement plan
Flexible Vacation Plan
Sick Time Accrual Plan
Standard holidays with year-end office closure
Flexible work environment for all employees
Full Job Description
Job Description:
The Director at Standish is responsible for managing and leading their client engagements. They supervise the Senior Manager, Manager, Fund Controller, Associate and Investor Relations Associate in matters of fund accounting, capital account maintenance and financial statement preparation. They are the main point of contact with the client and service providers. You will collaborate closely with senior leadership to align our services with the strategic needs of our clients and the overall growth objectives of Standish.
Essential Functions:
Manage client relationships including onboarding new clients, review of fund documents and fund set up and renewals of existing client engagements.
Manage and oversee the quarterly and annual financial statement process, as well as limited partner reports for clients, including but not limited to the review of all journal entries, capital account allocations, supporting schedules, calculations of management fees and carried interest.
Analyze and review data for Capital Calls, Distributions and Allocations to investors.
Review accounting records, financial statements and support schedules, including waterfall calculations.
Review SBA compliance reporting, including SBA Form 468.
Oversee the audit and tax preparation process working in conjunction with clients, engagement teams, valuation firms, and outside public accounting firms.
Oversee client engagement teams to make sure client deliverables are met in a timely manner keeping in mind engagement efficiency and profitability.
Drive process improvements and implement best practices to enhance the efficiency and effectiveness of the SBIC fund accounting and operations functions.
Mentor, coach, and develop the fund accounting team, fostering a culture of continuous learning and professional growth.
Contribute to strategic planning and decision-making at the senior leadership level, providing insights and recommendations based on your expertise in fund accounting and operations.
