Family Office Accountant

Full Job Description

• Position: Family Office Accountant
• Family: Confidential
• Location: Santa Barbara, California
• Compensation: $80,000 – $120,000 / year
• Hours: 20 – 40 hrs. / week (in office, dependent on need/cycle)

Overview

We are seeking an experienced Accountant to manage and oversee the accounting and financial operations for a high-net-worth family and their diverse interests. This role is ideal for a candidate with at least 10+ years of experience, preferably as an Accounting Manager or Controller, and who thrives in a dynamic, detail-oriented environment. The position will involve handling all accounting functions for the family, including collaboration with accounting teams from the family’s portfolio companies as needed.

Key Responsibilities

• Accounting Operations:
• Manage full-cycle bookkeeping, including accounts payable (AP), accounts receivable (AR), and general ledger entries.
• Oversee cash management, including preparing wire transfers and monitoring
• cash flow across multiple entities.
  Reconcile bank, investment, and credit card accounts regularly.
• Prepare and maintain financial statements for family entities, including trusts, partnerships, and corporations.
• Financial Reporting:
• Generate monthly and quarterly financial reports, including investment summaries and personal financial statements.
• Prepare year-end tax packages and collaborate with external tax professionals to ensure compliance.

Collaboration:

• Assist with payroll and expenses for parent or portfolio companies as needed
• Work closely with accounting teams from the family’s portfolio companies to consolidate financial data and ensure consistency.
• Act as a liaison with external service providers, including custodians, banks, and investment managers.
• Compliance and Documentation:
• Ensure all financial records are accurate, properly documented, and compliant with relevant regulations.
• Assist in maintaining a family office handbook, including legal, accounting, and personal information.
• Support ad hoc financial tasks, including estate planning, philanthropy, and asset management for art, real estate, and other investments.
• Provide concierge-level service to family members as needed.

Qualifications

• Minimum of 10+ years in bookkeeping, accounting, or financial management, with at least 5 years in a family office or similar environment;
• Experience as an Accounting Manager or Controller is strongly preferred.
• Experience with payroll
  Technical Skills:
• Proficiency in Microsoft Excel;
• Proficiency with QuickBooks (required) and Gusto Payroll (highly preferred);
• Strong understanding of GAAP principles and familiarity with tax regulations.
  Soft Skills:
• Exceptional attention to detail, organizational skills, and ability to manage multiple priorities;
• Strong discretion and ability to handle sensitive and confidential information with integrity;
• Excellent written and verbal communication skills for professional interactions with family members and external advisors.
• CPA or Certified Bookkeeper (CB) designation.
• Tax experience
• Experience with individual accounting and investment accounting principles.
  Familiarity with property management or real estate accounting.
  Why Join Us? This is an opportunity to work closely with a high-net-worth family and contribute to the smooth financial operation of a multifaceted family office. We offer a competitive salary and benefits, including health insurance, retirement savings plans, and professional development opportunities.