Financial Manager or Assistant Controller at Y Combinator

San Francisco, California, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Jun, 26

Salary

250000.0

Posted On

09 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Tax Workpapers Preparation, Tax Allocation, Distribution Calculations, Tax Analysis, QSBS Identification, Financial Reporting, Investment Review, Fund Level Transactions, Capital Call Support, Distribution Support, U.S. GAAP, U.S. Partnership Taxation, Excel Mastery, SQL, Communication Skills, Tax Compliance

Industry

Description

Y Combinator is the leading startup accelerator for entrepreneurs. Since 2005, Y Combinator has invested in over 5,000 companies, including Airbnb, Coinbase, DoorDash, Dropbox, Instacart, OpenAI, Reddit, and Stripe. Today, Y Combinator has built the most powerful startup community in the world alongside the products and programs to support founders for the life of their company. Job Description: Y Combinator is seeking a Financial Manager or Assistant Controller to support the tax function primarily, but also learn about and contribute to the broader finance operation and reporting processes. This is an ideal position for a self-starter with a strong work ethic and desire to learn who wants to be an integral part of a Finance team at a unique venture capital firm. You’ll be working directly with the Director of Tax and senior members of the Finance team. The ideal candidate already has asset management experience (preferably in venture capital) and can bring industry knowledge and insight to their role. Additionally, the candidate is exceedingly well organized, detail-oriented, and enjoys working in a very fast-paced, “hands-on” type of environment. The ability to maintain a high level of professionalism and safeguard the confidential nature of information is crucial to this role. This is a full-time position. Candidates must live in the SF Bay Area and be available to work onsite at our office located at Pier 70, San Francisco, 2-3 days a week, with flexibility to work from home the rest of the week. This is also a unique opportunity to get many of the perks of working for a successful company - competitive salary and excellent benefits, including fully paid health care benefits and a flexible paid time off policy, while working on a small, fast-moving, and high-impact team. Key Responsibilities: Prepare complex tax workpapers for both quarterly tax estimates and year-end reporting. Manage tax allocation and distribution calculations. Perform tax analysis related to underlying portfolio company acquisitions and restructuring events, and coordinate with external advisors as necessary. Identify QSBS opportunities, collect necessary documentation, and maintain the database Manage the preparation of quarterly financial reporting for multiple fund entities. Review investment and certain fund level transactions in our accounting system and database. Support the capital call and distribution processes. Serve as a utility team player by assisting with various special projects. Requirements: Independent: You must be able to work autonomously and efficiently. Accountable: You take ownership of tasks assigned to you. Proactive: You’re aware of deadlines and anticipate next steps without needing to be told. Critical thinker: You’re able to problem-solve and know when to ask questions. Organized: You’re detail-oriented and have strong organizational skills. Open-minded: You’re able and willing to learn how to use internally developed software applications. Y Combinator is always innovating with agenda and new data solutions. Skills: Proficient understanding of U.S. GAAP accounting principles. Solid understanding of U.S. partnership taxation (e.g., hypothetical liquidation waterfall models, 704(b) allocations, tracking interests, etc.) Familiarity with tax implications associated with inbound and outbound restructuring events. Excel mastery is a must, and SQL experience is a plus. Strong aptitude for numbers and accuracy. Excellent verbal and written communication skills. Experience: Top performer with heavy tax compliance experience with a focus on venture capital funds. Cross-disciplinary (tax and audit) experience working across different phases of the fund reporting lifecycle. 4+ years of public accounting, private industry, or fund administrator experience. Bachelor’s degree in Accounting or related field. CPA or similar qualification preferred. Every employee at Y Combinator has a lot of individual responsibility and access to sensitive information, so we need to hire people we can trust. Your ability to make good trade-offs and exercise good judgment is particularly important to us. Compensation: $190,000 - $250,000 (depending on experience). We are open to hiring a Financial Manager or Assistant Controller. Compensation and title will be dependent on the experience and skills of the candidate. Benefits: Our full benefits package includes medical, vision, and dental plans, infertility benefit, STD/LTD, life insurance, commuter benefits, flexible spending account, health savings account, 401(k) + 4% matching, generous parental leave, paid holidays, and flexible paid time off policy. Work Authorization: This position does not support work authorization/visa sponsorship. Y Combinator considers qualified applicants with criminal histories, consistent with applicable federal, state, and local law, including San Francisco’s Fair Chance Ordinance. Y Combinator is committed to protecting the privacy of the personal information of job applicants and complying with the California Consumer Privacy Act. The privacy policy of Ashby, Inc., the hiring platform used by Y Combinator, governs the collection of such data and can be found here.

Responsibilities

The role primarily supports the tax function by preparing complex tax workpapers, managing allocations, and performing tax analysis related to portfolio company events. Additionally, the manager will contribute to broader finance operations, including quarterly financial reporting for multiple fund entities.