Accounting Associate

Job Description

Accounting Associate | Setpoint

The Tone:
This is an early-career accounting opportunity at Setpoint, an alternative asset manager focused on asset-backed private credit with over $900 million assets under management. Setpoint Capital integrates financial expertise with operational excellence to create capital solutions that enhance efficiency for its partners and investors. This role is vital for maintaining the integrity of Setpoint’s accounting systems by ensuring accurate cash reconciliations and ledger health. The Accounting Associate will be a foundational contributor, owning high-volume transactional processes and providing essential support to the finance team.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Flexible (Remote eligible or In-office in Austin, New York, or Park City, UT)
• Pay: $45000–$55000 yearly
• Mission: This person solves for cash reconciliations, ledger accuracy, and maintaining the integrity of Setpoint’s accounting ERP (NetSuite).
• Tech Stack: NetSuite

What You’ll Actually Do
• Reconcile: Reconcile cash across all accounts, matching bank activity to ledger activity in NetSuite, Setpoint’s accounting ERP.
• Investigate: Research and resolve reconciling items, including wires, capital calls, distributions, facility draws and paydowns, and fees.
• Document: Maintain clean, well-documented reconciliation support suitable for audit and independent review, ensuring activity is coded to the correct entity, account, and period.
• Post: Prepare and post journal entries accurately and on schedule, with adequate supporting documentation, for review and approval by a manager or designated peer.
• Support: As capacity allows, support month-end close, manual schedules, and audit and tax requests.

The Must-Haves
• Background: A bachelor’s degree in Accounting, Finance, or a related field, or equivalent hands-on bookkeeping/accounting experience in lieu of a degree.
• Experience: Experience reconciling cash or bank activity in an accounting system.
• Skills: Strong attention to detail and comfort with high-volume, transactional work; ability to research and resolve discrepancies independently; strong organizational skills and the ability to meet recurring deadlines; clear written communication for documentation.
• Bonus: Prior exposure to NetSuite is a plus.