Theorem LP

The mission of Theorem is to make credit safe and available. We use…

Assistant Controller

Location
New York, New York
Job Type
Full-time
Experience
6+ years
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About the role

About Us

Pursuit of truth in credit.

By using machine learning to anticipate and manage risk in credit, we’re empowering our partners and lenders to unlock opportunity and access for more borrowers, everywhere.

We strive to be the preferred partner to lending platforms, providing not only access to capital but also underwriting technology capabilities to allow innovative lending platforms to grow their business.

Our firm is made up of 60+ professionals working in San Mateo (HQ) and New York, working in-office on Tuesdays and Thursdays. We are passionate, hard-working, relentlessly-resourceful, impact-focused individuals. We deeply value intellectual curiosity, independence of thought, creative idea generation, empathy, and close collaboration.

What You'll Do

  • Provide oversight of the fund administrator’s calculation of the Funds’ month-end net asset values

  • Prepare monthly investor allocation for investors of onshore and offshore funds

  • Perform calculation of management and incentive fees

  • Review third party valuations for the Funds’ portfolios

  • Reconciliation of positions and cash balances

  • Delivery of daily P&L and portfolio reporting to management

  • Work closely with Investor Relations team and ensure correct processing of capital transactions

  • Prepare investor deliverables, and assist with ad-hoc requests and inquiries

  • Interact regularly with third party service providers, including fund administrator, auditors, legal counsel, custodians, etc.

  • Support regulatory reporting (Form PF, Cayman AEOI, etc.) and the company’s compliance program

  • Coordinate with auditors to ensure timely completion of annual audits

  • Contribute to the development and ongoing improvement of policies and procedures, both internally and in coordination with service providers.

  • Provide support in the implementation of new technology and software, and onboarding of any new service providers

  • Assist with tax related matters, including the review of fund returns and investor K-1s

  • Responsible for the maintenance of the management company’s accounting books and records

What We're Looking For

  • Minimum of 8 years of experience in fund accounting (public and private mix preferred)

  • Deep understanding of partnership and fund accounting

  • Process and detail oriented with a strong work ethic and team focused attitude

  • Able to adapt to frequent changes in the business operating environment

  • CPA preferred

Our Commitment

We foster an environment that welcomes professionals with a diversity of backgrounds and ideas. We value professionals who are thoughtful, innovative, tenacious, and mission-driven. Every member of the team has a major impact on the company's success with visible contributions to the business. We encourage and reward growth, learning, and a solutions-seeking mindset. We offer a competitive salary and opportunity for equity ownership, generous benefits, and an inclusive and collaborative work environment. If you’re excited by the opportunities to create outsized impact as part of a world-class team, we strongly encourage you to apply.

We provide reasonable accommodation for qualified individuals with disabilities and disabled veterans in job application procedures.

Why you should join Theorem LP

Theorem (www.theoremlp.com) is a San Francisco based company at the intersection of technology and finance.

Our mission is to make credit safe and available.

An innovative investment fund with over $1BN+ assets under management, we combine quantitative research -- machine learning and data science, software engineering, and rigorous scientific investigation to build credit portfolios that produce strong and consistent yields across business cycles.

We started our company 6 years ago with seed funding and an investment fund of $50,000, and are now profitable and thriving with 30+ employees.

  • Founded in 2013 by a Google software engineer and a Morgan Stanley quant trader, we are seed funded and have become profitable.
  • We manage over $1BN+, including investment from non-profits and university endowments.
  • We are a small, passionate, and collaborative team -- comprised of research, engineering and finance and operations professionals with a diversity of backgrounds and ideas.
  • Every member of the team has a major impact on the company's success with visible contributions to the business.
  • We deeply value intellectual curiosity, creative idea generation, and close collaboration.
  • We seek talented individuals who are thoughtful, innovative, tenacious and interested in a mission-focused team environment.
  • Company events are inclusive and fun, with expeditions to food trucks and Michelin-starred local restaurants, and annual trips to Montana and Stinson Beach featuring hiking and cooking.
  • We are located in SoMa in San Francisco, a vigorous 12-minute walk from BART and CalTrain.
  • We offer competitive salary and opportunity for equity ownership, generous benefits, and an inclusive and collaborative work environment.
Theorem LP
Founded:2013
Team Size:34
Location:San Francisco
Founders
Hugh Edmundson
Hugh Edmundson
Managing Partner