Fund Controller
Standish Management, LLC · San Francisco, CA
- On site
- Full-time
- $115,000 / year
- San Francisco, CA
Job highlights
- Lead financial reporting and fund administration.
- Manage fund accounting and capital accounts.
- Oversee audit, tax, and investor reporting.
- Utilize Excel for financial analysis.
- Requires 2+ years of public accounting.
About the role
Fund Controller
Standish Management, LLC is a premier provider of specialized fund administration services for Managers and General Partners of private equity funds, including Buy‐out, Venture Capital, Real Estate, and Fund‐of‐Funds. We offer consulting services to accelerate fund launches for new General Partners and provide comprehensive administration services and technology to help established General Partners scale their fund operations rapidly and efficiently.
About the Role
As a Fund Controller at Standish, you will collaborate with team members to lead the financial reporting and administration operations for our clients. In partnership with the Engagement Manager, your responsibilities will include fund accounting, capital account maintenance, and financial statement preparation.
Essential Functions
- Supervise the audit and tax preparation process.
- Assist with the preparation of information and data for Capital Calls, Distributions, and Allocations to investors.
- Manage and track portfolio company financings in detail.
- Conduct cash flow management and forecasting.
- Assist with Quarterly Reporting to Limited Partners.
- Maintain investor information in third-party software systems.
- Perform some local travel to Client sites as needed.
Minimum Requirements
- Bachelor's Degree required (Finance/Accounting/Economics concentration preferred).
- 2+ years of public accounting experience or equivalent.
- CPA is a plus.
- Previous Private Equity/VC experience and knowledge of Partnership Accounting, preferred.
- Proficiency in Microsoft Office applications, particularly Excel, Word & Outlook.
- Familiarity with QuickBooks preferred.
Key Skills/Competency
- Fund Accounting
- Financial Reporting
- Private Equity
- Venture Capital
- Partnership Accounting
- Capital Calls
- Distributions
- Investor Relations
- Financial Statements
- Excel
Skills & topics
- Fund Controller
- Fund Accounting
- Financial Reporting
- Private Equity
- Venture Capital
- Partnership Accounting
- Capital Calls
- Distributions
- Investor Relations
- Financial Statements
- Excel
- CPA
- Accounting
- Finance
- Public Accounting
- Limited Partners
- Portfolio Management
- Cash Flow Forecasting
How to get hired
- Tailor your resume: Highlight your public accounting, private equity, and partnership accounting experience. Emphasize proficiency in Excel.
- Showcase your CPA: If you have a CPA or are working towards it, ensure it's prominently displayed.
- Quantify achievements: Use numbers to demonstrate your impact in previous roles, such as managing fund sizes or reporting cycles.
- Prepare for interviews: Be ready to discuss your experience with fund accounting, capital calls, and financial statement preparation.
- Network if possible: Connect with Standish employees on LinkedIn to gain insights into their culture and hiring process.
Technical preparation
Master Excel for financial modeling.,Review partnership accounting principles.,Practice financial statement preparation.,Familiarize with QuickBooks software.
Behavioral questions
Describe managing audit processes.,How do you handle investor reporting?,Share experience with capital calls.,Discuss a complex accounting challenge.
Frequently asked questions
- What are the key responsibilities of a Fund Controller at Standish Management?
- The Fund Controller at Standish Management leads financial reporting and administration operations. This includes fund accounting, capital account maintenance, financial statement preparation, supervising audits and tax processes, assisting with capital calls and distributions, managing portfolio company financings, cash flow forecasting, and quarterly investor reporting.
- What educational background is required for the Fund Controller role at Standish?
- A Bachelor's Degree is required, with a preference for concentrations in Finance, Accounting, or Economics. Additionally, 2+ years of public accounting experience or equivalent is necessary.
- Does Standish Management prefer candidates with a CPA for the Fund Controller position?
- While a CPA is a plus, it is not strictly required. However, having a CPA can strengthen your application for the Fund Controller role.
- What type of experience is preferred for the Fund Controller at Standish Management?
- Previous experience in Private Equity/VC and a strong understanding of Partnership Accounting are preferred. Public accounting experience is also a key requirement.
- What software proficiency is needed for the Fund Controller job?
- Proficiency in Microsoft Office applications, especially Excel, Word, and Outlook, is essential. Familiarity with QuickBooks is also preferred.
- Is there travel involved for the Fund Controller position at Standish Management?
- Yes, some local travel to Client sites may be required for the Fund Controller position as needed.
- What is the salary range for the Fund Controller role at Standish Management?
- The compensation range for the Fund Controller position is $90,000 - $115,000 annually, with the final salary based on individual skills, experience, and qualifications.
- What is Standish Management's specialization in fund administration?
- Standish Management specializes in providing fund administration services for private equity funds, including Buy-out, Venture Capital, Real Estate, and Fund-of-Funds. They also offer consulting for new fund launches and scaling services for established funds.
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