Accounting Associate
About Galvanize
Galvanize is a global asset manager investing at the intersection of energy innovation, resilience, and intelligence. The firm deploys capital across seed, venture, growth, public equities, credit, and real estate, combining investment expertise with deep in-house capabilities in technology, policy, and markets. Galvanize is structured to rapidly identify and execute on investment opportunities created by the energy transition, across all sectors of the economy.
Role
As an Accounting Associate, you will play a critical role in supporting the financial operations of the firm. You will be responsible for accurate fund accounting, timely reporting, and assisting with compliance and audit processes. This position offers exposure to multiple asset classes and collaboration with cross-functional teams, providing a strong foundation for career growth in investment accounting. This opportunity is based in San Francisco, reporting to the Controller.
Essential Job Responsibilities
Investment Funds (Seed, VC/Growth, Real Estate & Credit)
- Prepare and review quarterly NAV packages, financial statements, and partner capital statements from fund administrators for funds and GP entities.
- Assist with monthly property-level reporting and cash movement processes, including capital injections and distributions.
- Process fund capital calls and distributions accurately and timely.
- Initiate cash movements for investment fundings and expense payments.
- Maintain fund track records and performance calculations.
- Support credit facility management, including borrowing requests, repayments, and compliance documentation.
- Assist with year-end audits of funds and liaise with external auditors.
Compliance and Tax (Operating Companies & Investment Funds)
- Review annual tax workpapers and provide advisors with portfolio company information related to PFIC analysis where applicable.
- Process tax payments and support regulatory filings.
- Coordinate preparation of 1099s and other compliance items as needed.
Operating Companies (TopCo and Manager Entities)
- Support monthly and quarterly close processes for management company and related entities.
- Assist with reporting to senior management and external stakeholders.
- Manage coding and approval of payables and support intercompany billing.
- Assist with preparation and review of budgets and cash flow needs.
- Support year-end audit of consolidated financial statements.
Additional Responsibilities
- Contribute to process improvements and internal controls related to financial reporting.
- Collaborate with investor relations, compliance and legal teams on ad hoc requests.
- Coordinate with international teams for consolidation of financial records.
- Lead the research efforts surrounding use cases of AI within the finance and operations teams.
Critical Attributes and Strengths
- Ability to work independently and take ownership of tasks.
- Detail-oriented with strong organizational and communication skills.
- Ability to manage multiple priorities in a fast-paced environment.
- Knowledge of basic AI tools and willingness to work towards related process innovation.
- Collaborative mindset and willingness to go the extra mile.
Required Qualifications and Competencies
- Bachelor’s degree in Accounting or Finance; CPA or progress toward CPA preferred.
- 4–8 years of experience in fund accounting (private equity, credit, or real estate).
- Strong knowledge of GAAP and partnership accounting.
- Proficiency in accounting systems and Excel; experience with Sage Intacct or similar platforms is a plus.
- Ability to work in-office 4 days per week.
Compensation and Benefits
- Estimated base salary, depending on experience: $115,000 - $135,000 per annum.
- Role is also eligible for an annual discretionary bonus.
- Generous benefits package, including employer-paid health coverage options.
- 401(k) plan with employer match.
- 25 days of PTO which is inclusive of vacation, personal time and sick leave.
- Monthly wellness benefit that covers a broad range of activities.
- Annual stipend for employer-sponsored professional development opportunities.
- 16 weeks paid parental leave for parents of any gender.
Base Salary Pay Band
$115,000 - $135,000 USD
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