Join a high-growth fintech transforming asset management through AI-powered operations. As the second Accounting Manager, you will oversee end-to-end fund administration for multi-billion dollar portfolios, manage staff accountants, and partner directly with the product team to automate complex workflows. This is a unique opportunity to shape the future of private market intelligence from the ground floor.
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Accounting Manager at Formulary Financial, Inc.
Are you a fund accounting expert tired of legacy systems and manual paperwork? Join a high-growth, Khosla Ventures-backed startup in NYC that is building the world’s first AI-native fund administration platform. As an Accounting Manager, you will manage multi-billion dollar asset portfolios for top-tier global managers while working directly with engineers to automate the industry. This is a rare opportunity to leverage your private equity and venture capital expertise to build a category-defining fintech product from the ground floor. If you have 3-7 years of experience and a passion for technology, this is your next career move.
About this role
Role overview
About the company
Formulary Financial, Inc.
Formulary Financial, Inc. is a modern, AI-native fund administration firm that provides full-service fund administration for private equity, growth equity, and venture capital managers. It combines best-in-class talent in asset management, fund accounting, and artificial intelligence with proprietary technology to transform traditional, paperwork-heavy fund administration into reliable data infrastructure, intelligent fund operations, and tailored insights for general partners (GPs) and limited partners (LPs). The company focuses on delivering accurate, timely fund accounting, investor reporting, and operational support while leveraging AI to automate workflows, reduce errors, and provide analytics that help investment firms manage and scale their businesses more efficiently. Founded in 2025 and based in New York City, Formulary Financial positions itself as a strategic partner to alternative asset managers seeking a more technologically advanced and data-driven approach to fund administration.[1][5]
What you'll do
What you will do
- Execute end-to-end oversight of client deliverables, including NAVs, waterfall distributions, and capital calls for VC and PE fund structures.
- Serve as a strategic partner to the product team by identifying and launching AI-driven systemization improvements for fund operations.
- Mentor and develop a team of staff accountants while acting as the primary point of contact for General Partners and Limited Partners.
Who you are
Who this is a fit for
- Possesses 3-7 years of fund accounting experience specifically within venture capital, growth equity, or private equity asset classes.
- Has a proven track record of managing and training junior staff accountants at a leading fund administration firm like VMS, Aduro, or Carta.
- Demonstrates deep technical knowledge of GAAP, SOC controls, and complex investment structures like SPVs, blockers, and parallel entities.
Why this role
Why this role is remarkable
- Work alongside a founding team of AI and asset management veterans backed by premier investors including Khosla Ventures, Acrew Capital, and Serena Ventures.
- Transition from legacy fund administration into a tech-first environment where you influence the actual product and automation roadmap.
- Secure a high-impact role with meaningful equity in a seed-stage venture that has scaled to managing billions in assets in under a year.
Jack & Jill
How Jack & Jill work together
I get to know what you’re great at, then find roles you’d never find yourself.Ok, I'll go first. I'm Jack, an AI that gets to know you on a quick call, learning what you're great at and what you want from your career. Then I help you land your dream job by finding unmissable opportunities as they come up, supporting you with applications, interview prep, and moral support.
I recruit from Jack’s network and make the intro when I spot a great match.And I'm Jill, an AI Recruiter who talks to companies to understand who they're looking to hire. Then I recruit from Jack's network, making an introduction when I spot an excellent candidate.
Meet Jack
Jack gets to know what you're great at and what you want next, then searches 15 million jobs daily and helps you discover roles at companies like this.
How does this work?
Jack’s an AI agent for job searching and career coaching. He works for you.
Jill is the AI recruiter working for the company. She recruits from Jack’s network.
If it’s a match and the company wants to meet you, they’ll make the intro. In the meantime, if you’d like, Jack will send you excellent alternatives.