Senior Fund Accountant

Larson Financial Holdings • Chesterfield, MO

2d

About The Position

Larson Capital Management, LLC is seeking a fund accounting professional to perform daily reporting functions for multiple private equity real estate funds. The Senior Fund Accountant is responsible for the accounting, operations, and administration of assigned private investment funds managed by the firm, which manages private equity, growth equity, and other asset classes. The role includes preparing and reviewing hedge fund and private equity fund valuations, including portfolio valuations, fee computations, accruals, and income allocations. The accountant also participates in preparing and reviewing annual audit reports and serves as a direct liaison with fund managers, auditors, and other related parties.

The position provides investment accounting support for private investment holdings; maintains fund books and records in accordance with offering memoranda and other constitutive documents; supports annual financial statement preparation and independent audits; and works with internal and external teams on development-property financial statements and reporting. The role also includes reviewing bank transactions and payment instructions, calculating management fees, supporting business development and client reporting requests, and assisting with special and development projects.

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 entities including private equity funds and hedge funds, including Master Feeder Structures, Standalone Entities, Side by Side, 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 is preferred but not required.

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 the Offering Memorandum and other Constitutive Documents.
• Prepare initial drafts of annual fund financial statements and footnotes in accordance with GAAP, and provide audit assistance to independent audit firms during annual reviews.
• Review ongoing compliance with controls and procedures.
• Assist with business development, client-specific reporting and analysis requests, and special projects.
• Assist the internal development team with development projects, including preparing invoices for fund reimbursements, reporting project spending, and tracking total equity provided.
• Prepare and review financial statements for development properties with internal development teams and outside developers; reconcile developer trial balances with draw activity and incorporate the information into company financials.
• Review bank transactions before approval, including verifying wire and ACH instructions with outside parties.
• Calculate management fees billed to funds and enter them through the accounts payable system.

Benefits

• Generous bonus program, including a profit-sharing bonus program.
• 401(k) employer match up to 4%.
• Medical, dental, and vision insurance; HDHP HSA plans are 100% paid for the employee.
• Telehealth.
• Life, disability, and EAP insurance.
• Paid time off: 112 hours after 90 days.
• Holiday pay for 12 holidays.
• Training and education.
• Employee events, awards, and activities.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior