Accountant

About The Job

Company Overview:

• Petrus Trust Company, LTA (“Petrus”), serves as a single-family office for a prominent family in Dallas.
• The office provides accounting, bill pay, payroll, tax, investment management, and other services.

Position Summary:

• Petrus is hiring a Family Office Accountant to join its growing team.
• The Family Office Accountant will be responsible for performing investment and operating accounting for various entities (e.g., investment partnerships, family trusts, individuals, etc.).
• Responsibilities include recording journal entries, recording partner capital activity, performing reconciliations, inputting investment valuations, and preparing financial statements.
• The Family Office Accountant will ensure financial records, financial statements, and documentation comply with professional standards and U.S. GAAP.
• This role is blended with the candidate working with the investment accounting and services accounting teams.
• Petrus is seeking a self-motivated, independent, and detail-oriented candidate committed to continuous improvement.
• A successful candidate will have exemplary analytical skills and strong business acumen and will seek to improve and promote quality across the family office.

Responsibilities:

• Prepare journal entries related to investment and operating activities for various entities
• Prepare journal entries related to partner capital activity in investment partnerships
• Reconcile cash, holdings, and investment transactions for investment partnerships
• Input and document valuations of the outside fund and private equity investments and fixed-income securities
• Reconcile allocation of P&L and management and performance fees among partners in investment partnerships
• Refine financial statement preparation and tie-out processes
• Document various accounting processes (e.g., investment valuations, technical accounting matters, reporting tools, accounting systems, internal controls, etc.)
• Design and/or modify recurring financial statements and other reports
• Assist with annual financial statement audits and agreed-upon procedure

Required Skills/Abilities:

• Intellectual curiosity and learning agility
• Discretion and professionalism in managing sensitive information
• Excellent interpersonal, communication, and organizational skills
• Strong research and problem-solving skills
• Proficient with Microsoft Office Suite
• Familiarity with SS&C Advent Geneva, SEI Archway accounting software, and Tableau a plus

Education and Experience:

• Bachelor’s degree in accounting, finance, or related field required
• CPA eligible required/CPA license preferred
• Minimum of two years of accounting or finance experience required
• Minimum of one year of public accounting experience preferred
• Experience with the investment management industry preferred