Head of Accounting

About the Company: The Family Office is dedicated to managing the diverse financial interests, investments and tangible assets owned by the Principal, who is a former entrepreneur and active owner of multiple private companies. Personal assets overseen by the family office include multiple properties, a working farm, an airplane, a yacht, and several hobby businesses.

Job Summary: The Head of Accounting will be responsible for overseeing all bookkeeping, financial reporting, and financial planning and analysis activities for the family office. This includes managing expenses and financial reporting as well as implementing systems and process improvements, identifying areas for cost savings, and ensuring all financial practices adhere to commonly accepted bookkeeping standards. The Head of Accounting will be responsible for managing a team of financial professionals as well as interacting with other senior managers such as General Counsel, Director of Tax, Director of Administration, Estate Manager, and various business unit leaders. The salary range for this position is $150,000 - $200,000.

Key Responsibilities:

• Bookkeeping:
• Maintain accurate and up-to-date financial records for all entities under the family office
• Record all financial transactions, including purchases, sales, receipts, and payments
• Reconcile bank statements and ensure all accounts are balanced
• Financial Reporting:
• Prepare monthly, quarterly, and annual financial reports
• Present financial reports to the Principal and other stakeholders as needed
• Expense Management:
• Track and manage all expenses insuring proper documentation
• Classify all expenses as capital expenditures or operating expenditures
• Identify and implement opportunities for cost savings
• Financial Planning and Analysis:
• Conduct financial analysis to support decision-making and strategic planning
• Develop budgets and financial forecasts for the family office’s various entities
• Monitor financial performance against budgets and provide variance analysis
• Systems and Process Improvements:
• Implement and maintain accounting systems and software to improve efficiency and accuracy
• Develop and enforce standard operating procedures for financial operations
• Continuously identify areas for process improvements and implement best practices
• Communication:
• Communicate financial information clearly and concisely to the Principal and other stakeholders
• Collaborate with external auditors, tax advisors, and other financial professionals as needed

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field
• Proven experience as a bookkeeper or head of accounting, preferably within a family office or similar environment
• Strong understanding of commonly accepted bookkeeping practices and financial principles
• Proficiency in accounting software and Microsoft Office Suite (Excel, Word, PowerPoint)
• Excellent time management skills and ability to handle multiple tasks simultaneously
• Self-starter with a high level of initiative and ability to work independently
• Exceptional attention to detail and accuracy
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
  
  

Benefits:

• Competitive salary and benefits package
• Opportunity to work in a dynamic and entrepreneurial environment
• Professional development and growth opportunities
  
  

Location: Remote optional; preference for NY/CT based

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