Senior Accountant - Finance

DigitalBridge’s Liquid Strategies business manages equity long/short and long-only strategies in technology, media, telecommunications (TMT), and digital infrastructure, with approximately $2.5 billion across two hedge fund strategies. The platform includes commingled funds and separately managed accounts for institutional allocators, supported by multiple fund administrators and prime brokers. The small Fund Accounting and Operations team works directly alongside portfolio managers and traders, covering the entire operating cycle without functional silos.

About the role

This development-oriented role is designed for an accountant in the early stage of a fund accounting career. The successful candidate will build expertise in the monthly close cycle across the platform’s vehicles, including net asset value review, fee and expense verification, capital activity processing, reconciliations, and investor reporting. Responsibility expands as the candidate demonstrates proficiency. The team performs an oversight function, independently verifying the work of fund administrators before approval.

Responsibilities

• NAV Oversight Support
  • Prepare independent review of monthly net asset value packages (trial balance, capital accounts, income allocation, financial highlights) for Controller review and approval.
  • Tie out administrator output covering pricing, accruals, financing costs, corporate actions, and profit and loss attribution; research variances and document resolutions.
  • Perform and review daily position, cash, and trade reconciliations among the order management system, prime brokers, and fund administrators; clear routine breaks and escalate aged or unexplained items.
  • Support pricing verification in accordance with the firm’s Valuation Policy, including independent source coverage and identification of stale positions.
• Fee and Expense Verification
  • Recalculate management and incentive fees against each vehicle’s governing documents and prepare supporting schedules for review.
  • Prepare supporting analysis for performance fee and crystallization mechanics, including high-water mark and loss carryforward tracking, under Controller direction for bespoke terms.
  • Process expense allocations across vehicles in accordance with the established methodology and confirm consistency with offering documents.
  • Process vendor invoices through the accounts payable workflow and confirm accurate recording by the administrator.
• Capital Activity and Investor Reporting
  • Process subscriptions, redemptions, and transfers across commingled funds and separately managed accounts, including callback verification and coordination with the transfer agent.
  • Prepare investor statements, capital account roll-forwards, and recurring monthly and quarterly reporting packages for managed account clients.
  • Compile responses to recurring investor and consultant reporting requests, including operational due diligence questionnaires, for senior review.
• Service Provider Coordination
  • Serve as a day-to-day contact with fund administrators, prime brokers, custodians, and executing brokers on routine operational matters and open items.
  • Track outstanding requests and deliverable status; flag recurring service quality issues to the Controller.
  • Assist with account documentation and maintenance requests for prime brokerage and custody relationships.
• Account Onboarding Support
  • Support assigned workstreams for new managed account launches, including account opening documentation, administrator onboarding, system setup, and reporting build.
  • Load executed investment management agreement terms into the operating model, including fee parameters, reporting obligations, and investment restrictions.
  • Maintain launch checklists and supporting documentation.
• Compliance, Audit, and Controls
  • Maintain investment restrictions and side letter trackers; perform recurring monitoring and report exceptions on a timely basis.
  • Support the annual audit by preparing supporting schedules, tie-outs, and responses to auditor requests.
  • Maintain accounting and operations procedure documentation and assist with the annual review of service provider control reports.
• Process Support
  • Maintain and improve recurring review templates, checklists, and control checks as the platform grows.
  • Identify manual steps in recurring processes that are candidates for standardization and propose improvements.

Qualifications

• Required
  • Bachelor’s degree in accounting, finance, or related discipline.
  • Two or more years of accounting experience, preferably in fund accounting, fund administration, or public accounting serving investment management clients.
  • Foundational understanding of net asset value production, capital account allocation, and investment company accounting.
  • Strong Microsoft Excel skills and the ability to build clear, well-organized supporting schedules.
  • Careful and consistent accuracy under a fixed monthly close calendar with concurrent deliverables.
  • Clear written and verbal communication, including comfort corresponding directly with external service providers.
• Preferred
  • Certified Public Accountant, or active candidate.
  • Hedge fund or alternative investment experience.
  • Exposure to management and incentive fee mechanics and investor-level reporting.
  • Familiarity with Eze, Geneva, Advent, or comparable fund accounting and order management platforms.
  • Exposure to separately managed accounts or multi-counterparty structures.
  • Experience supporting equity long/short strategies, including financing, stock loan, and short position mechanics.

Pay

Base salary range: $80,000–$120,000 USD for a full-time employee in Colorado. The offered base salary will depend on qualifications, market data, and internal equity.