Senior Fund Accountant at Point Digital Finance Internal Job Board

Palo Alto, California, United States -

Full Time

Start Date

Immediate

Expiry Date

15 May, 26

Salary

157000.0

Posted On

14 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund Accounting, Fund Administration, GAAP Compliance, Credit Investment Accounting, Debt Investment Accounting, Structured Investment Vehicles, Loan Portfolio Reconciliation, Complex Capital Structures, SEI, SS&C, NetSuite, General Ledger Maintenance, Journal Entries, Monthly Close, Financial Statement Preparation, Audit Support

Industry

Real Estate

Description

Local or 100% Remote About Point ✨ Real Impact, Real People: Our mission at Point is to make homeownership more valuable and accessible. Your work directly helps homeowners access their wealth, achieve financial flexibility, and realize life changing goals. ✨ Funding: With over $175M raised from top investors like Andreessen Horowitz, WestCap, Greylock, and Prudential, we’re scaling fast! You have the opportunity to join us at a pivotal stage. ✨ Game-changing Product: We're building a category defining company in home equity. We’ve earned a 4.7 Trustpilot rating and an A+ from the BBB, a testament to the value we provide to our 15,000+ customers. ✨ Great Place to Work: Our employees love working here! We are a Certified Great Place to Work and a Fortune Best Workplaces in the Bay Area. ✨ Remote First Culture, Genuine Connection: Work from anywhere in the U.S., while staying closely connected through virtual collaboration, team gatherings, and a people-first culture. About the role 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. Your 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. About you Bachelor’s degree in Accounting, Finance, or related field required; CPA or CPA candidate strongly preferred. 4+ 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. Our 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. Compensation at Point will be determined by skills, experience, and geographic location. Point has identified the expected annual base salary for this role at this level based on the market by tiers (Region | Location | Market Salary): Tier 1 | San Francisco Bay Area, New York, and Seattle | $142,000 - $157,000 Tier 2 | Chicago, Austin, Denver, Boston, Washington DC, San Diego, Portland, Sacramento, Philadelphia, Los Angeles & Santa Barbara | $128,000 - $141,000 Tier 3 | All other US metro areas | $114,000 - $125,000 This does not include any other potential components of the compensation package, including equity, benefits, and perks outlined above. At the launch of each position, we benchmark compensation to the appropriate role and level utilizing competitive compensation data from various data sources as references. At the offer stage, we use the signal we received from our interviews, coupled with your experience, location, and other job-related factors, to determine final compensation. Location Requirement: This is a remote position. However, candidates must reside in one of Point’s states of operation: AL, AZ, AR, CA, CO, CT, DC, FL, GA, IL, KS, KY, ME, MA, MD, MI, MN, MO, NH, NV, NJ, NY, NC, OH, OR, PA, SC, TN, TX, UT, VA, WA, WI. Point is proud to be an equal-opportunity employer. We provide employment opportunities regardless of age, race, color, ancestry, national origin, religion, disability, sex, gender identity or expression, sexual orientation, veteran status, or any other protected class. Each individual at Point brings their own perspectives, work experiences, lifestyles, and cultures with them, and we believe that a more diverse team creates more innovative products, provides better services to customers, and helps us all grow and learn. California Consumer Privacy Act Notice

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Responsibilities

The Senior Fund Accountant will oversee all aspects of fund accounting and administration for credit and debt vehicles, including general ledger maintenance, journal entries, and monthly close processes. Responsibilities also include preparing and reviewing financial statements, reconciling investment portfolios, and coordinating with external service providers like administrators and auditors.