Intern – Fund Administration Accounting

Job Description

Fund Accounting Internship | Standish Management, LLC

The Tone:
This is a summer internship at Standish Management, LLC. The company specializes in providing fund administration services and technology to private equity funds, including Buy-out, Venture Capital, Real Estate, and Fund-of-Funds. This role is vital for supporting Associates and Fund Controllers, offering exposure to the private equity and venture capital industries through direct involvement in fund administration and partnership accounting. Interns contribute to the efficient operation of fund administration for both new and established General Partners.

The TL;DR
• Role: Internship
• Type: Seasonal
• Pay: $23 hourly
• Team: Interns provide support primarily to Associates and Fund Controllers.
• Mission: To provide financial and administrative support to advance fund administration and partnership accounting processes.
• Tech Stack: Microsoft Office (Excel, Word, Outlook)

What You’ll Actually Do
• Support fund administration: Provide financial and administrative assistance primarily to Associates and Fund Controllers.
• Manage data entry: Input financial and client information into the recordkeeping system for various clients.
• Maintain records: Organize and update various client filing systems to ensure accurate recordkeeping.
• Assist with systems: Support teams with data entry, systems conversions, and analyze client documents for discrepancies.
• Facilitate compliance: Prepare supporting schedules for financial statements and provide assistance to audit and tax teams.

The Must-Haves
• Background: Entry-level candidate pursuing studies with a foundational understanding of basic Accounting and Finance principles.
• Experience: Proficiency in Microsoft Office applications, specifically Excel, Word, and Outlook.
• Skills: Demonstrated attention to detail, strong written and verbal communication, and the ability to multitask effectively while adhering to deadlines.
• Bonus: Familiarity with QuickBooks software is considered a plus.