Accounting Manager

About The Job

• NYC-based family office is looking to hire an Accounting/Finance Professional.
• The Controller will be responsible for the family’s financial planning, budgeting, and reporting in partnership with outsourced tax and investment advisors.
• This role will also support affiliated businesses, philanthropic initiatives, and special projects as needed.

Key responsibilities include, but are not limited to, the following:

• Finance and Accounting
• Manage the annual budget process for households and certain affiliated businesses.
• Prepare monthly financial planning reports and forecasts at the consolidated and entity level including sources and uses of cash within and across entities.
• Oversee in-house month-end close process including reconciling cash and investment accounts and reviewing payment support, service agreements, fixed assets, leases, and accruals.
• Manage payroll and benefits for household staff.
• Maintain general ledger and manage accounts payable processes.
• Maintain banking relationships.
• Coordinate planning, preparation, and filing of quarterly tax estimates, 1042/1099 payments, and collection of year-end K-1s and annual tax returns with a tax advisor.
• Manage any financial/tax audits.
• Develop and maintain a documented system of accounting and internal control policies and procedures.
• Evaluate and periodically review insurance policies with outside insurance brokers to ensure that appropriate types and levels of coverage are in place.
• Ensure compliance with relevant legal requirements, regulations, and minimum standards.
• Wealth Management
• Support strategic and day-to-day decision-making within the office with practical and rigorous research and analysis.
• Drive efficient and effective income and estate tax planning by partnering with accountants, tax advisors, and estate attorneys.
• Work with private bankers to create an investment portfolio that optimizes risk-adjusted returns within the context of the family’s financial objectives, tax consequences, and time horizons.
• Assist in due diligence, structuring, and execution of prospective investments and new business ventures.
• Manage family entities including investment accounts, properties, trusts, and LLCs.
• Manage real estate holdings including buying/selling property and managing/overseeing projects.
• Review legal documents, including intercompany agreements with the support of legal counsel.

Requirements:

• 5+ years of Accounting experience, ideally within Family Office or another client service industry
• CPA preferred
• Public Accounting Foundation preferred

Pay: $145,000 – $175,000 a year