ASSOCIATE, STAFF ACCOUNTANT

Description

About Cresset

Cresset is an award-winning, independent, multi-family office, and private investment firm. Cresset’s goal is to reinvent the way people experience wealth by providing access to the talent, ideas, and investment opportunities available to the largest single-family offices and endowments. We offer deeply personalized wealth management, investment advisory, and family office services through Cresset Asset Management, an SEC-registered investment advisor that has surpassed $50 billion in assets under management. The firm is widely recognized for its excellence and is frequently ranked as a Barron’s and Forbes top RIA firm.

Job Description

Based in Minnetonka, MN, the Staff Accountant prepares journal entries and account reconciliations, maintains fixed assets, supports accounts payable and accounts receivable, assists in preparing monthly consolidated financial statements, and provides ad-hoc financial analysis as needed. This is a fantastic opportunity to join a growing investment firm! 

The position is in the finance department of a fast-growing investment management firm.  The candidate must be extremely organized and detail oriented.  The candidate must also be proactive and have the ability to work independently as well as collaboratively across functions.  The candidate will work in an array of areas providing opportunity for advancement if desired.  The role will report to the Director, Controller.

Key Responsibilities

• Prepare and post journal entries
• Prepare monthly general ledger account reconciliations
• Compile and organize supporting documents related to the monthly close
• Reconcile and eliminate intercompany accounts during the monthly consolidation
• Create quarterly inter-company and intra-company allocations and supporting packages for various fee settlements
• Assist with Accounts Payable & Accounts Receivable: Processing, organizing, and maintaining database of invoices, invoice preparation, including billing, aging and expense analysis
• Maintain and update fixed assets and construction in progress
• Prepare application and forms requests for state, local, supplier, insurance etc.
• Monitor subscriptions and charitable contributions via spreadsheet and tracking expenses for utilization
• Assist in preparing quarterly and annual work papers for external auditor
• Reviewing, tracking, and processing state tax notices and tax payments  
• Assist in providing and preparing tax schedules for outside tax preparers
• Document accounting policies, procedures and processes as needed
• Detail oriented with strong organizational skills
• Other duties as assigned

Qualifications

• The candidate can be entry level and/or 2 years of accounting experience, preferably in a financial services environment. Bachelor’s degree required; accounting degree highly desirable.

• Bachelor’s degree in Accounting or Finance required
• General accounting knowledge, tax knowledge is a plus
• Proficiency in Microsoft Excel. Experience with NetSuite, Bill.com, ADP, Expensify or similar systems a plus

What We Offer

At Cresset, we focus on people first. As a service business, our people are our assets. Engaging our clients and employees is our highest priority. Starting base salary range: $60,000 - $75,000. Salary will be based on factors including, but not limited to, experience, licenses/certifications, industry knowledge, and geographic location. Cresset offers a competitive compensation package including an annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs. Aligning employee and organizational interests, all employees receive equity in Cresset.

Equal Employment Opportunity

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Cresset’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.

Salary : $60,000 - $75,000