Senior Fund Accountant

Larson Financial Holdings•Denver, CO

About The Position

Larson Capital Management, LLC is seeking a fund accounting professional to perform daily reporting for multiple private equity real estate funds. The Senior Fund Accountant is responsible for the accounting, operations, and administration of assigned private investment funds. The role includes preparing and reviewing hedge fund and private equity fund valuations, portfolio valuations, fee computations, accruals, and income allocations. The position also participates in preparing and reviewing annual audit reports and serves as a liaison with fund managers, auditors, and other related parties. The role provides investment accounting support for private investment holdings and maintains fund books and records in accordance with offering memoranda and other governing documents. It also involves preparing financial statements, supporting annual audits, reviewing controls and procedures, assisting with client reporting and special projects, and collaborating with internal development teams and outside developers on development-property financial reporting. Additional duties include reviewing bank transactions and verifying payment instructions, as well as calculating management fees and entering them into the accounts payable system.

Requirements

Bachelor’s degree in accounting or finance.
5–7 years of experience in private equity fund accounting and/or administration.
Thorough knowledge of consolidations, eliminations, intercompany accounting, investment accounting, and fair value accounting.
Background in accounting for various entity types, including private equity funds and hedge funds with master-feeder structures, standalone entities, side-by-side structures, and segregated portfolios.
Expertise in investment instruments such as equities, fixed income, options, futures, private equity, mutual fund investments, and/or real estate.
Ability to excel in a fast-paced, entrepreneurial environment.
Strong communication and organizational skills, and attention to detail.

Nice To Haves

Experience with Yardi accounting software.

Responsibilities

Provide investment accounting support for a portfolio of private investment holdings.
Reconcile fund cash and investment positions to prime broker and custodian accounts.
Track fund-level expenses, accruals, management fees, and incentive fees.
Maintain fund books and records in accordance with offering memoranda and other constitutive documents.
Prepare initial drafts of annual fund financial statements, including footnotes, in accordance with GAAP.
Assist independent audit firms during annual fund reviews.
Review compliance with controls and procedures.
Assist with business development, client-specific reporting and analysis requests, and special projects.
Support internal development projects, including preparing invoices for fund reimbursements, reporting project spending, and tracking equity provided.
Prepare and review financial statements for development properties with the internal development team and outside developers.
Reconcile developer trial balances with draw activity and incorporate the results into company financial statements.
Review bank transactions before approval and verify wire and ACH instructions with outside parties.
Calculate management fees billed to funds and enter them through the accounts payable system.
Prepare and review hedge fund and private equity fund valuations, including portfolio valuations, fee computations, accruals, and income allocations.
Serve as a liaison with fund managers, auditors, and other related parties.