Senior Fund Accountant

Larson Financial; Reno (NV); On-site; USD 110,000 - 180,000; Full time

Benefits offered by this job

Profit Sharing Bonus Program

401(k) Employer Match up to 4%

Medical, Dental & Vision Insurance (HD

ER PD Telehealth

ER PD Life, Disability & EAP Insurance

Paid time Off (112 hours after 90 days

Holiday Pay (12 Holidays)

Training & Education

ER Events, Awards, Activities

Job summary

Larson Capital Management, LLC is seeking a Senior Fund Accountant to manage daily reporting and accounting for private equity real estate funds. You will oversee valuations, fee computations, accruals, and allocations, and collaborate with auditors and fund managers.

The role involves preparing financial statements and supporting audit processes, with a focus on accurate books, timely reporting, and strong controls in a dynamic investment environment.

Qualifications

• Bachelor’s degree in accounting or finance required.
• 5–7 years’ experience in PE fund accounting or administration.
• Thorough knowledge of consolidations, eliminations, intercompany, investment, and fair value accounting.
• Experience with Yardi accounting software preferred.
• Background in accounting for private equity funds, hedge funds, and real estate.
• Expertise in equities, fixed income, options, futures, PE, real estate investments.
• Able to perform in a fast-paced, entrepreneurial environment.
• Strong communication, organizational and attention to detail.

Responsibilities

• Provide investment accounting support for a portfolio of private investment holdings.
• Prepare reconciliations of fund cash and investment positions with prime broker/custodian accounts.
• Maintain fund books and records per Offering Memorandum and documents.
• Prepare initial draft of annual financial statements with footnotes per GAAP.
• Assist with audit processes and liaise with managers, auditors and related parties.
• Review bank transactions and verify wire/ACH instructions.
• Compute and record management and incentive fees in the AP system.

Skills

Fund accounting

GAAP knowledge

Financial reporting

Yardi

Education

Bachelor's in accounting/finance

Tools

Yardi

Job description

Description

Larson Capital Management, LLC, is seeking a dynamic 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 a premier Venture Capital firm. The firm also manages several asset classes, including private equity and growth equity. The Senior Fund Accountant position offers competitive pay, a generous bonus program and a comprehensive benefits package.

The Senior Fund Accountant

is responsible for the preparation and review of hedge fund and private equity fund valuations, including portfolio valuation, fee computation, various accruals, and income allocations. In addition, the incumbent will be involved in the preparation and review of the annual audit reports, act as a direct liaison with the fund managers, auditors, and other related parties.

Responsibilities

• Provide investment accounting support for a portfolio of private investment holdings.
• Prepare reconciliations of fund cash and investment positions to the prime broker/custodian accounts and 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 draft of a fund’s annual financial statements with footnotes in accordance with GAAP and provide audit assistance to independent audit firms during the fund’s annual review.
• Ongoing review and compliance with controls and procedures
• Assist with business development, client specific reporting/analysis requests, and special projects.
• Assist internal development team with development projects as needed (prepare invoices for fund reimbursements, provide total amount spent on projects as needed, track total equity provided).
• Prepare and review financial statements for development properties by working with internal development team as well as outside developer, reconciling developer TB with draw activity and incorporating into our financials.
• Review bank transactions before sending off for approval, including verifying wire/ACH instructions with outside parties.
• Calculate management fees billed to the funds and enter through AP system.

Requirements

• Bachelor’s degree in accounting or finance required
• 5-7 years’ experience in the PE fund accounting and / or administration
• Thorough knowledge of consolidations, eliminations, intercompany, investment, and fair value accounting.
• Experience with Yardi accounting software preferred but not required
• Background in accounting for various types of entities including private equity funds, hedge funds (Master Feeder Structures, Standalone Entities, Side by Side and Segregated Portfolios)
• Expertise in various investment instruments including 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 skills, organizational skills, and attention to details

Larson Capital Management offers a generous employee benefits & perks package:

• Profit Sharing Bonus Program
• 401(k) Employer Match up to 4%
• Medical, Dental & Vision Insurance (HDHP HSA plans are 100% paid for the employee)
• ER PD Telehealth
• ER PD Life, Disability & EAP Insurance
• Paid time Off (112 hours after 90 days)
• Holiday Pay (12 Holidays)
• Training & Education
• ER Events, Awards, Activities