Family Office Accounting Manager at Creative Financial Staffing

Our investment management client is seeking an experienced Family Office Accounting Manager to assist their family office sector of the organization along with the investment management portfolios!

Job Title: Family Office Accounting Manager

Perks of the Family Office Accounting Manager?

• Employee-owned company!
• Family office!
• Company is over 60 years old and continuing to grow!
• Great tenure - employees stay for the long-haul.
• Competitive salary and performance-based bonuses.

Family Office Accounting Manager Responsibilities:

• Financial Management: Oversee day-to-day accounting operations, including accounts payable, accounts receivable, general ledger, and payroll. Prepare and review financial statements, ensuring accuracy and compliance with relevant accounting standards. Develop and maintain budgets, forecasts, and financial models to support strategic decision-making.

• Reporting and Analysis: Prepare detailed financial reports, including monthly, quarterly, and annual statements. Analyze financial data to identify trends, variances, and opportunities for improvement. Provide regular updates and insights to family members and senior management.

• Investment Accounting: Monitor and record investment transactions, including stocks, bonds, real estate, and alternative investments. Reconcile investment accounts and ensure accurate reporting of investment performance.

• Tax Compliance: Coordinate with external tax advisors to ensure timely and accurate tax filings. Maintain knowledge of tax regulations and implement strategies to optimize tax efficiency.

• Risk Management: Identify and manage financial risks, ensuring appropriate internal controls are in place. Develop and implement policies and procedures to safeguard family assets.

• Client Relations: Build and maintain strong relationships with family members, providing personalized service and support. Address inquiries and provide solutions to financial and administrative challenges.

• Team Leadership: Supervise and mentor accounting staff, fostering a collaborative and high-performance culture. Conduct performance evaluations and support the professional development of team members.
• Oversees treasury functions including review of daily cash activity and journal entries, managing the short- and medium-term cash forecasting process to ensure entities have enough liquidity to fund working capital commitments and investing our cash to maximize investment returns.

• Compliance: Ensure all financial activities comply with regulatory requirements and internal policies. Stay informed about changes in accounting and tax regulations, adapting practices as needed.

Family Office Accounting Manager Qualifications:

• Bachelor's degree in Finance, Economics, Business Administration, or a related field. An MBA, CFA, or CPA is preferred.
• Experience at a large-tier public accounting firm.
• Experience in investment management and/or client services.
• Proficient in Sage Intacct and Microsoft Excel.
• Strong understanding of payroll processes and tax regulations.
• Strong understanding of financial markets, investment principles, and economic trends.
• Excellent leadership and team management skills.
• Excellent organizational and communication skills.
• Strong attention to detail and problem-solving skills.