A really exciting opportunity at a newly created family office supporting the founder of the firm who came from a highly established hedge fund. The role will report directly to the Controller and will consist of multiple functions including supporting tax and account functions. Very dynamic.
The Family Office Senior Accountant will be responsible for all daily accounting, tax, and reporting functions in support of the family office structure and founding partners’ investments. This includes, for example, the general ledgers for multiple entities, monthly close processes, maintaining cash flow projections, producing performance reporting, and tax compliance matters. This role will require the ability to manage multiple work streams, work independently, and communicate effectively.
Specific responsibilities will include:
Management of general ledgers:
Maintain the corporate general ledger for the family office investment management company
Partner with the accounting teams at investment companies held in joint venture to facilitate proper accounting treatment.
Oversee books for private foundations and other family office entities.
Calculation and reconciliation of NAV for the family office’s investment holding companies.
Full financial reporting package for the family office’s investment management company.
Partner with teams as appropriate to complete the above.
Create repeatable and auditable processes to facilitate a smooth and consistent monthly close.
Review federal/state partnership, corporate and composite tax returns (PE and/or Real Estate tax experience a plus)
Monitor internal and external tax deliverable deadlines and set up priorities on multiple assignments.
Act as point person with outside tax administrators and accounting firms for timely filing of all tax returns
Assist with tax-based investment decisions (Qualified Opportunity Zones, 199A, Qualified Small Business Stock, etc).
Cash flow planning:
Maintain liquidity schedules and provide weekly summaries along with recommendations for cash movement for 40+ bank/brokerage accounts.
Collaborate with IROPS on future subscriptions/redemptions for Funds.
Identify areas for improving efficiency of cash management.
Requirements / Qualifications:
Bachelor’s degree, CPA preferred.
Minimum of 6-8 years of experience with a mix of public accounting and alternative asset management (i.e. hedge fund, credit fund, private equity, family limited partnership, etc.).
Strong interpersonal and communication skills with the ability to gather, organize, and illustrate ideas clearly and concisely.
Excellent analytical and problem solving skills with ability to identify issues and errors.
Proficient Excel knowledge and comfortable with systems and technology.
Hands on approach with outstanding attention to detail and committed to process and related improvements.
Excellent written and verbal communication skills.
Flexible, quick learner with the ability to multi-task.
Strong team contributor with proactive drive to deliver results.