Senior Fund Accountant

Point Digital Finance, Inc.

5d • $114,000 - $157,000 • Remote

About The Position

Point is searching for a Senior Fund Accountant responsible for the accounting, reporting, and fund administration oversight of the firm’s credit and debt investment funds, partnering closely with fund administrators, auditors, and custodians to ensure accurate, GAAP-compliant reporting. This hands-on role requires strong technical accounting expertise and a deep understanding of credit and structured investment vehicles, including loan portfolios, residual holdings, and complex capital structures, along with proficiency in systems such as SEI, SS&C, and NetSuite. The position has no direct reports and calls for a high level of independence, ownership, and effective collaboration across internal teams and external service providers.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field required; CPA or CPA candidate strongly preferred.
• 4–8 years of progressive experience in fund accounting and fund administration, preferably within credit, debt, or structured finance environments.
• Experience with SEI, SS&C (e.g., Geneva, Advent, or related modules), and NetSuite ERP required.
• Strong understanding of U.S. GAAP, partnership accounting, and fund structures.
• Familiarity with fund administration oversight, capital calls, distributions, and investor reporting.
• Understanding of complex capital structures and cash flow waterfalls.
• Excellent analytical, organizational, and communication skills.
• Proven ability to work independently and meet deadlines in a fast-paced, multi-entity environment.

Responsibilities

• Oversee all aspects of fund accounting and fund administration for credit and debt vehicles, including general ledger maintenance, journal entries, and monthly close processes.
• Prepare and review fund financial statements, investor capital account summaries, and supporting schedules.
• Reconcile loan and investment portfolios, including residual tranches, structured credit holdings, and debt instruments, to administrator and custodian records.
• Review and monitor management fees, carried interest, residual income, and investor allocations in accordance with governing agreements.
• Coordinate with fund administrators, auditors, and third-party service providers to ensure timely and accurate reporting.
• Review fund administrator deliverables for accuracy and consistency with internal records.
• Support quarterly and annual audit processes, including preparation of workpapers and responding to audit requests.
• Analyze fund-level and portfolio-level performance, valuation adjustments, and cash flow waterfalls.
• Participate in process improvements, system enhancements, and automation initiatives across the accounting and fund administration functions.

Benefits

• Generous health benefits: We provide comprehensive medical, dental, and vision plans with options for flexible spending accounts (FSA) and health savings accounts (HSA).
• Unlimited paid time off: Recharge with unlimited paid time off and 10 company holidays.
• Flexible remote and onsite work: Our teams work from many different locations and time zones. We support fully remote work and also have an amazing in-person environment in our downtown Palo Alto, CA HQ.
• Fully paid parental leave: Point will supplement state Paid Family Leave (PFL) so employees receive 100% of their regular base pay, plus two additional weeks of fully paid leave after state PFL ends. In states without PFL, Point offers up to 8 weeks of paid parental leave. In addition, employees also receive 4 weeks of fully paid transition time, during which you may work 2–3 days per week while receiving full base pay.
• Equity: We offer meaningful equity because we believe in sharing the value you help create. Your contributions directly impact our growth, and your equity gives you a stake in our future success.
• Financial wellness: We provide 401K retirement plans for employees as well as guaranteed life insurance and short- and long-term disability coverage.
• Extra work/life benefits: We provide monthly stipends for internet, mobile plans, wellness perks, and a one-time home office reimbursement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees