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DigitalBridge
Denver, Colorado
Source: DigitalBridge careers · View original posting
From DigitalBridge's posting. “We” and “our” refer to the employer.
DigitalBridge is seeking a Senior Accountant to join the Fund Accounting and Operations team supporting its Liquid Strategies platform.
The firm’s Liquid Strategies business manages equity long/short and long only strategies in technology, media, and telecommunications (TMT) as well as digital infrastructure, managing approximately $2.5 billion across two hedge fund strategies. The platform comprises commingled funds and separately managed accounts for institutional allocators, supported by several fund administrators and prime brokers.
The Fund Accounting and Operations team supporting the platform is small and sits directly alongside the portfolio managers and traders. There is no layer between this seat and the investment team, which is uncommon at this level. Team members work across the entire operating cycle rather than a single function: monthly NAV review, management and incentive fee verification, capital activity, daily reconciliation with prime brokers and administrators, and new managed account launches.
The position reports to the Controller for Liquid Strategies and works day to day with the Manager of Fund Accounting.
This is a development-oriented role designed for an accountant in the early stage of a fund accounting career. The successful candidate will build a working command of the monthly close cycle across the platform’s vehicles, including net asset value review support, fee and expense verification, capital activity processing, reconciliations, and investor reporting. Responsibility will expand over time as the candidate demonstrates command of the recurring work.
The team performs an oversight function. Fund administrators maintain the books and records; the team independently verifies that work before it is approved. The Senior Accountant prepares the independent verification and resolves routine exceptions directly with service providers, with review and final approval retained by the Controller.
PRIMARY RESPONSIBILITIES
NAV Oversight Support
Prepare the independent review of monthly net asset value packages, including trial balance, capital accounts, income allocation, and 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
Prepare supporting analysis for performance fee and crystallization mechanics, including high-water mark and loss carryforward tracking, under Controller direction where terms are bespoke
The compensation range for this position is for a full-time employee in Colorado. The base salary offered will depend on qualifications, market data and internal equity.
Base Salary Range
$100,000 — $150,000 USD
At DigitalBridge, we strive to create an inclusive environment where diverse employees want to work and where they can flourish professionally. In furtherance of our culture, all qualified applicants will receive consideration for employment without regard to race, national origin, gender, age, religion, disability, sexual orientation, veteran status, marital status or any other characteristics protected by law.
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