Accountant

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
• Support pricing verification in accordance with the firm’s Valuation Policy, including independent source coverage and identification of stale positions