About the role:
Behind many of life’s most important transactions — buying a house, applying for a mortgage, getting a small business loan, or refinancing a credit card — is a network of credit relationships. Setpoint provides critical infrastructure for relationships between the world’s largest banks, credit funds and capital markets counterparties. We’re building trust in this system of credit. Setpoint also uses this infrastructure to provide collateralized debt facilities to businesses.
We are looking for a Director of Fund Accounting to join our team!
This is an opportunity to have a big impact and partner with multiple functions across the organization. The ideal candidate is a highly organized individual looking for an exciting experience with countless opportunities to learn and grow their skill set. They will collaborate with internal and external stakeholders and welcome the dynamic environment that comes with a fast-growing company. This role reports directly to the Controller.
Who will love this job:
- A doer - you have a strong bias towards action and a 'get it done' mentality
- An independent problem-solver - you can understand what’s most important quickly and independently build solutions
- A scrappy team player – you thrive in early-stage environments with lots of moving parts, priorities, roles and responsibilities
- A strategic thinker - you use data to drive business ideas, prioritization decisions, product ideas and technical designs
- A great communicator – you possess excellent written and verbal communication skills and attention to detail; you can communicate to customers and internal stakeholders with equal ease and effectiveness
What you’ll do:
- Perform and oversee the accounting function and team for all of Setpoint’s asset management operations
- Manage the month-end close process for all of Setpoint’s asset management entities, including private credit funds and securitization sponsors to ensure timely and accurate financial reporting
- Own the audit and tax functions, working closely with Setpoint’s outside accounting firm to ensure accurate reporting and tax filing
- Coordinate with fund administrators, bankers, and other service providers to ensure Setpoint’s accounting operations run smoothly and effectively
- Coordinate with Setpoint’s Engineering and Product teams to design software features that make accounting processes more accurate and efficient
You should have:
- 8+ years of experience in fund accounting or fund auditing, with at least 2+ years in a leadership role. CPA required.
- In-depth knowledge of investment fund structures and fund accounting
- Strong organizational, analytical, and problem-solving skills
- High attention to detail with the ability to synthesize complex information
- Ownership mindset
- Ability to prioritize appropriately and meet deadlines in a fast-paced environment
- Excellent communication and interpersonal skills, with the ability to build relationships across all levels of the organization
- Experience with NetSuite is preferred
- Experience with working fund administrators is preferred
- Experience in private credit, real estate and/or asset-backed lending is preferred
- Highly proficient in Microsoft Excel; Google Suite proficiency is a plus
About Setpoint:
Setpoint provides purpose-built capital and technology to asset-backed borrowers and lenders. Our platform is the funding operating system for originators: it verifies and stores documents; automates critical calculations and compliance reporting; and digitizes assets like homes or cars. Setpoint’s technology makes warehouse transactions instant and error free.
In August 2024, Setpoint announced the successful completion of its $31 million Series B funding round. 645 Ventures led the round, with significant strategic investments from Citi and Wells Fargo, alongside Andreessen Horowitz, NextView Ventures, Floating Point, Henry Kravis, Zillow founder’s 75 & Sunny, Vesta Ventures, Fifth Wall, Eltura Ventures, and Outrunner Capital.
For all our employees, we offer a full slate of benefits from competitive salaries, stock options, medical, dental and vision coverage, 401k, disability coverage, and flexible vacation. Setpoint has offices in Austin, New York, and Park City, UT and we’re currently hiring remote team members.
Setpoint provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
