--- title: 'Accounting Associate at Setpoint' canonical: 'https://feeny.ai/job/accounting-associate-setpoint-austin-02e5ax7ksweq' type: 'job' last_seen: '2026-09-09' --- # Accounting Associate at Setpoint - **Company:** Setpoint - **Location:** Austin, TX - **Work type:** hybrid - **Posted:** 2026-07-23 - **Last confirmed live:** 2026-09-09 - **Apply:** https://job-boards.greenhouse.io/setpoint/jobs/5195173007 ## Job description About the role: At Setpoint Capital, we focus on asset-backed private credit investments where we can bring unique value through our technology, operations, and insights. We integrate financial expertise with operational excellence to create capital solutions that enhance efficiency for our partners and investors. We are looking for an Accounting Associate to join our team! This is an early-career accounting opportunity focused on cash reconciliations, ledger accuracy, and maintaining the integrity of Setpoint's accounting ERP (NetSuite). We're looking for someone who enjoys digging into the details, takes pride in producing accurate work, and is comfortable owning high-volume transactional processes in a fast-paced environment. Who will love this job: - A detail-oriented doer: You take pride in getting the numbers exactly right, every time. - A reliable finisher: You complete recurring processes on schedule. - An independent problem-solver: You can research a reconciling item back to its root cause without much hand-holding. - A scrappy team player: You thrive in early-stage environments with lots of moving parts, priorities, roles and responsibilities. - A clear communicator: You document your work so it holds up to audit and independent review. What you’ll do: - Reconcile cash across all accounts, matching bank activity to ledger activity in NetSuite, Setpoint’s accounting ERP. - Research and resolve reconciling items, including wires, capital calls, distributions, facility draws and paydowns, and fees. - Keep clean, well-documented reconciliation support suitable for audit and independent review, ensuring activity is coded to the correct entity, account, and period. - Prepare and post journal entries accurately and on schedule, with adequate supporting documentation, for review and approval by a manager or designated peer. - As capacity allows, support month-end close, manual schedules, and audit and tax requests. You should have: - A bachelor’s degree in Accounting, Finance, or a related field, or equivalent hands-on bookkeeping/accounting experience in lieu of a degree. - Experience reconciling cash or bank activity in an accounting system; prior exposure to NetSuite is a plus but not required. - Strong attention to detail and comfort with high-volume, transactional work. - Ability to research and resolve discrepancies independently, then document findings clearly. - Strong organizational skills and the ability to meet recurring monthly and quarterly deadlines. - Clear written communication, since your reconciliation support needs to hold up to a reviewer or auditor who wasn’t in the room. ## About Setpoint Capital Setpoint Capital (“SPC”) is an alternative asset manager focused on asset-backed private credit with over $900 million assets under management. SPC delivers tailored asset-backed credit solutions for corporate borrowers, primarily with US residential real estate assets as collateral. Our unique approach combines deep expertise, purpose-built technology, and strategic relationships to unlock consistent risk-adjusted returns. 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 for specific roles. Compensation: $45,000 - $55,000 dependent on multiple factors, which may include the candidate's skills, experience, location, and other qualifications. 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. ## About Setpoint ## Company Overview - **One-liner**: Setpoint builds the capital markets operating system that powers asset-backed lending, enabling banks, credit funds, and originators to manage debt facilities, securitizations, and funding operations with speed and accuracy. - **Entity Type**: Private (Series B; last round raised in August 2024) - **Headquarters**: Austin, Texas, United States (also offices in New York, NY and Salt Lake City, UT) - **Founded**: 2021 - **Founders**: Stuart Wall (CEO), Ben Rubenstein (President), Michael Lam (CIO) ## Core Business - **Primary industries**: Capital markets technology / Fintech / Asset-backed lending infrastructure - **Target customers**: B2B – institutional lenders, private credit funds, asset managers, originators (banks, fintech lenders, and securitization platforms) - **Mission**: “Make capital efficient and error-free” and “build trust in our system of credit.” Setpoint aims to eliminate manual, error-prone funding operations by providing a single operating system for debt facility management. ## Products & Services - **Capital Markets OS (Debt Capital)**: A platform that centralizes borrower activity, automates investor reporting, manages asset & collateral workflows, and enables real-time forecasting for warehouse facilities, forward flow, leverage and fund finance, and securitization management. - **Equity Capital Tools**: Asset modeling software to underwrite new loans, project IRR/MOIC, and manage credit lines. - **Verification & Diligence Services**: Through acquired companies (Resolute Diligence Solutions and inTENT Fulfillment), Setpoint provides rating agency–approved loan diligence and verification services to prevent double pledging. - **Data OS & Insight OS**: Modules that standardize borrower data, reconcile calculations, track loan-level data, and provide real-time analytics. ## Market Standing - **Valuation**: Not disclosed (conflicting reports – no public valuation found) - **Key Metric**: Total Funding – **$79.5M** raised across Seed ($5.5M in July 2021), Series A ($43M in December 2022, led by Andreessen Horowitz), and Series B ($31M in August 2024). Annual revenue: **$3.1M** (estimated, LinkedIn). - **Notable Investors/Partners**: Andreessen Horowitz (led Series A), along with 10+ other investors; strategic partners include large banks, credit funds, and capital markets counterparties. - **Growth Signals**: - Over **$50B in financed assets** powered by Setpoint’s technology annually. - **111 employees** (+37% YoY growth); headcount increased by 40+ in the past year. - Acquired **Resolute Diligence Solutions** (2023) and **inTENT Fulfillment** (2026) to expand diligence and verification capabilities. - Launched industry standard to prevent double pledging after major industry collapses (2025). - **14 active job openings** across engineering, capital solutions, sales, finance, and legal. ## Competitive Advantages - **Comprehensive OS**: A single platform covering the full capital markets lifecycle – from origination and asset modeling to warehouse facilities, securitization, and investor reporting. - **White-glove onboarding**: Setup with zero lift from the customer’s team, enabling reduced funding times and seamless transitions mid-transaction. - **Capital Solutions team**: In-house expertise that helps clients focus on growth, effectively acting as a “profit multiplier.” - **First-mover in verification standards**: Post-2025 industry standard to stop double pledging, giving Setpoint a strong compliance and risk-management moat. - **Rating agency–approved diligence**: Through acquisitions, Setpoint offers approved loan diligence that is critical for securitization markets. ## Strategic Focus - **Expanding verification & diligence**: The acquisition of inTENT Fulfillment (announced January 2026) adds rating agency–approved loan diligence capabilities. - **Deepening institutional trust**: Continued investment in preventing double pledging and building industry standards for asset-backed finance. - **Scaling the platform**: Growing the Capital Markets OS across more asset classes (auto, housing, student loans, etc.) and onboarding larger institutional lenders. - **Product innovation**: Launching Data OS and Insight OS modules for real-time analytics and portfolio forecasting. ## Why Work Here - **Culture**: Entrepreneurial, first-principles thinking environment. Team-oriented with guiding principles like “We win as a team,” “We fight for customer value,” and “We optimize for speed.” - **Work policy**: Flexible & remote work options are available; many roles are hybrid in Austin, New York, or Salt Lake City. - **Perks & Benefits**: Unlimited PTO, 401k, health/vision/dental insurance, One Medical membership, 24/7 mental health support (EAP), regular team happy hours, lunches, and company offsites. - **Growth opportunity**: Work at a high-growth startup that is rebuilding the infrastructure of capital markets. Employees have opportunities to work cross-functionally in a capital solutions, engineering, and product environment. - **Notable alumni sources**: Talent often joins from top fintech and financial firms (Citi, Google, Ribbon, Lithic, Resolute Diligence Solutions, Realtor.com). ## Sources 1. [setpoint.io](https://www.setpoint.io/) 2. [setpoint.io/careers](https://www.setpoint.io/careers/) 3. [setpoint.io/about](https://www.setpoint.io/about/) 4. [Greenhouse job board](https://job-boards.greenhouse.io/setpoint) 5. [LinkedIn company page](https://www.linkedin.com/company/getsetpoint) ## Other roles at Setpoint - [Senior Full Stack Engineer](https://feeny.ai/job/senior-full-stack-engineer-setpoint-austin-jtf0gzq87sw8) — Austin, TX - [Senior Analytics Engineer](https://feeny.ai/job/senior-analytics-engineer-setpoint-austin-or-ctehsm9za60n) — Austin OR, NY - [Implementation Manager](https://feeny.ai/job/implementation-manager-setpoint-austin-or-65xc4vhmzjkb) — Austin OR, NY - [Vice President, Legal](https://feeny.ai/job/vice-president-legal-setpoint-new-york-j56peph9vxj6) — New York, NY - [Analyst, Diligence](https://feeny.ai/job/analyst-diligence-setpoint-salt-lake-city-hp4e4de4ak0x) — Salt Lake City, UT - [Strategic Finance Associate](https://feeny.ai/job/strategic-finance-associate-setpoint-new-york-tn8zpsfdnbtf) — New York, NY - [Senior Associate, Operations](https://feeny.ai/job/senior-associate-operations-setpoint-new-york-m8qpxwxk1bea) — New York, NY - [Capital Solutions Manager (Data OS, Insight OS)](https://feeny.ai/job/capital-solutions-manager-data-os-insight-os-setpoint-austin-or-tg0jm3bem7dv) — Austin OR, NY - [Professional Services Manager](https://feeny.ai/job/professional-services-manager-setpoint-austin-or-7ck5n1m7yqfp) — Austin OR, NY - [Investment Analyst](https://feeny.ai/job/investment-analyst-setpoint-austin-or-w369ynsyv8ms) — Austin OR, NY