Fund Manager

Who We Are

About Ascend

Backed 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 resourcesbest-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 todays industry challenges to reach their full potential. For more information visit .

About Lucas Horsfall

Have 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 Role

At Lucas Horsfall a Fund Accounting Manageroversees 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 position will be achieved in a hybrid environment out of our Encino or Pasadena office locations.

Key Responsibilities

• Manage day-to-day fund accounting operations including general ledger activity journal entries and reconciliations
• Oversee monthly and quarterly closes including preparation and review of NAV calculations
• Review U.S. GAAP and tax-basis financial statements ensuring accuracy and consistency between reporting frameworks
• Prepare 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/waterfalls
• Coordinate accounting for investment activity including acquisitions dispositions financing and equity transactions
• Manage entity structures including consolidations across funds SPVs and holding companies
• Partner 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 procedures
• Lead mentor and review work of fund accounting staff

Required Qualifications

• Bachelors degree in Accounting or Finance
• Licensed and active CPA
• 510 years of experience in real estate private equity or alternative investment fund accounting
• Strong knowledge of partnership accounting including capital accounts and allocations
• Experience preparing or reviewing both GAAP and tax-basis financials
• Familiarity with book-to-tax differences and ability to work and coordinate with tax teams
• Experience with fund structures (LPs LLCs SPVs blocker entities)
• Demonstrated leadership and team management experience

Preferred Qualifications

• Background in both real estate and private equity funds
• Experience with complex waterfalls and carried interest structures
• Experience with investor subsequent closes and concept of catch-up interest
• Exposure to property-level accounting or development projects
• Experience working with third-party sponsors of joint venture investments

What We Offer

As 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 PTO
• Excellent Voluntary Insurance Options
• 401(k) Matching
• Discretionary Bonus
• Commitment to Professional Development
• Meaningful work that makes a difference in our clients lives

How to Apply

Submit your information in the application section directly below! This will include:

• Basic contact information
• Resume/CV and optional cover letter upload
• Work eligibility credentials and compensation
• Voluntary demographic & self-ID questions

For further questions or inquiries about the role please reach out to Aidan Jebson Sr. Recruiter

The pay range for this role is $110000 - $145000 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.