Fund Manager

Who We AreAbout AscendBacked by private equity from people-focused Alpine Investors, Ascend is building a dynamic platform for regional accounting firms that enables them to stay independent while accessing the resources of a Top 25 firm to help them grow. Ascend provides access to growth capital, robust talent acquisition and training, leading quality management resources, best-of-breed technology, AI tools, an offshore captive, shared back-office services, a catalytic leadership system, and modernized equity incentives so that firms can surmount today’s industry challenges to reach their full potential. For more information, visit www.ascendtogether.com.About Lucas HorsfallHave you dreamt about a career in public accounting with work-life balance? Enjoying the diversity of clients and the challenging work public accounting offers with the added benefits of professional growth and opportunity for advancement? Have you experienced a culture that is fun and diverse offering an authentic family feel with people that truly care about you and your professional development? Lucas Horsfall is that CPA firm. Celebrating our 68th year anniversary in 2025, we attribute our exceptional growth and low turnover to our appreciation of our people and clients. This growth has provided a need for a Fund Accounting Manager to help deliver personal and experienced service to our vast array of clients.The RoleAt Lucas Horsfall, a Fund Accounting Manager oversees the accounting, financial reporting, and operational activities for real estate and private equity funds. This role is responsible for managing both U.S. GAAP and tax-basis financial reporting, ensuring accurate investor allocations, and maintaining compliance with partnership agreements and regulatory requirements. The position plays a key role across the full fund lifecycle, from capital activity to audit and tax reporting. This position will be achieved in a hybrid environment out of our Encino or Pasadena office locations.Key ResponsibilitiesManage day-to-day fund accounting operations, including general ledger activity, journal entries, and reconciliationsOversee monthly and quarterly closes, including preparation and review of NAV calculationsReview U.S. GAAP and tax-basis financial statements, ensuring accuracy and consistency between reporting frameworksPrepare and/or review capital calls, distributions, and investor allocations in accordance with Limited Partnership Agreements (LPAs)Maintain and review partner capital accounts, including allocations of income, expenses, and carried interest/waterfallsCoordinate accounting for investment activity, including acquisitions, dispositions, financing, and equity transactionsManage entity structures, including consolidations across funds, SPVs, and holding companiesPartner with external auditors and tax advisors to support annual audits and tax reporting (e.g., K-1 preparation)Maintain and enhance internal controls, policies, and accounting proceduresLead, mentor, and review work of fund accounting staffRequired QualificationsBachelor’s degree in Accounting or FinanceLicensed and active CPA5–10+ years of experience in real estate, private equity, or alternative investment fund accountingStrong knowledge of partnership accounting, including capital accounts and allocationsExperience preparing or reviewing both GAAP and tax-basis financialsFamiliarity with book-to-tax differences and ability to work and coordinate with tax teamsExperience with fund structures (LPs, LLCs, SPVs, blocker entities)Demonstrated leadership and team management experiencePreferred QualificationsBackground in both real estate and private equity fundsExperience with complex waterfalls and carried interest structuresExperience with investor subsequent closes and concept of catch-up interestExposure to property-level accounting or development projectsExperience working with third-party sponsors of joint venture investmentsWhat We OfferAs a firm, we offer great benefits, a competitive salary and tuition reimbursement for advanced education. Headquartered in Pasadena, CA with offices in Encino and Irvine, Lucas Horsfall is a growing CPA and consulting firm focused on tax, audit, and consulting needs. Explore the opportunities that await you today! Join our team and enjoy a comprehensive benefits package that supports well-being, health, and ongoing professional growth:Flexible PTOExcellent Voluntary Insurance Options401(k) MatchingDiscretionary BonusCommitment to Professional DevelopmentMeaningful work that makes a difference in our clients' livesHow To ApplySubmit your information in the application section directly below! This will include:Basic contact informationResume/CV and optional cover letter uploadWork eligibility, credentials, and compensationVoluntary demographic & self-ID questionsFor further questions or inquiries about the role, please reach out to Aidan Jebson, Sr. Recruiter at ajebson@ascendtogether.com.The pay range for this role is $110,000 - $145,000 per year. This range includes the anticipated low and high end of the pay range for this position. Actual compensation may vary based on various factors, including experience, education, and/or skill level.At Ascend, we provide a fair and equal employment opportunity for all candidates regardless of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity/expression, age, marital status, disability, or any other legally protected characteristic. Ascend hires and promotes individuals solely based on qualifications for the position to be filled and business needs.