Senior Accountant

About the Company - Investment Group of Santa Barbara (IGSB) is a Santa Barbara-based Family Office managing private venture capital and public investments in addition to providing a range of family office services. IGSB’s philosophy is to invest in early-stage and emerging public and private companies. With a concentrated portfolio of private companies, IGSB helps guide their business and financial strategy based on extensive experience. IGSB does not manage outside funds or external clients.

About the Role - The Senior Accountant works as a member of the back-office team, which provides financial, accounting, and operational services for IGSB clients. This position will report to the Vice President of Finance and Operations and will have responsibilities covering a broad spectrum of tax, investment, and accounting functions. The ideal candidate will have a strong accounting background with experience in private equity, investment management, or financial services.

Responsibilities

• Coordinate bank transfers and oversee cash management to ensure sufficient liquidity for operations and investments.
• Prepare weekly accounts payable for multiple clients and ensure timely vendor payments.
• Post all cash or credit card transactions daily to the accounting system and reconcile accounts as needed.
• Settle purchases and sales of publicly traded securities as directed, ensuring accurate recordkeeping.
• Maintain and update schedules of insurance policies, property taxes, active entities, and active accounts.
• Process and submit household property tax payments semi-annually.
• Collaborate on the month-end close process, including reconciliations, financial reporting preparation, and variance analysis.
• Process and manage bi-weekly payroll for client’s household employees.
• Coordinate new investment funding for private companies, including capital contributions and funding requests.
• Process capital contributions and distributions for investment partnerships, ensuring accuracy in investor allocations.
• Utilize data analytics and automation tools to improve financial reporting, investment tracking, and operational efficiencies.
• Analyze large datasets to identify trends, financial insights, and optimize decision-making.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field (CPA preferred).
• Experience with data science, analytics, or financial modeling preferred.
• Minimum of two years of experience in accounting, preferably within private equity, venture capital, or investment management.
• Strong Microsoft Excel skills, including financial modeling and data analysis.
• Ability to quickly learn complex investment portfolio accounting systems.

Required Skills

• Strong understanding of accounting principles, GAAP, and fund accounting practices.
• Detail-oriented with strong organizational and problem-solving skills.
• Effective communicator with the ability to interact with executives, clients, and external stakeholders.
• Self-starter with the ability to work independently and take initiative in a fast-paced environment.
• Service-oriented mindset with a collaborative and team-focused approach.

Pay range and compensation package - Pay range or salary or compensation

• Competitive salary, including performance bonus and profit sharing.
• Medical, dental, vision, and LTD insurance.
• Employer contributions to Dependent Care FSA plan plus dependent care reimbursement program.
• 401(k) with a 5% match, plus retirement investments in private companies.