Family Office Financial Controller

We are seeking an experienced and detail-oriented Family Office Controller to oversee and manage the financial operations of a high-net-worth family office. The ideal candidate will bring strong accounting expertise, excellent organizational skills, and the ability to handle the complexities of managing multi-entity financial structures. This role involves managing day-to-day financial activities, ensuring compliance with regulations, preparing detailed financial reports, and supporting the family with personalized financial planning and reporting.

Key Responsibilities

Accounting & Financial Management

• Oversee and manage accounting functions, including general ledger, accounts payable, accounts receivable, payroll, and cash management across all family entities.
• Prepare and review monthly, quarterly, and annual financial statements and reports for the family and related entities.
• Maintain accurate financial records and implement robust internal controls to safeguard family assets.
• Manage the consolidation of financial results across trusts, partnerships, investments, and operating businesses.

Tax Planning & Compliance

• Collaborate with external tax advisors to prepare and file tax returns for individuals, trusts, foundations, and corporate entities.
• Ensure compliance with all federal, state, and local tax regulations.
• Provide tax planning insights and strategies to optimize the family’s financial outcomes.

Investment Oversight & Reporting

• Track and report on the performance of the family’s investment portfolio, including real estate, private equity, and marketable securities.
• Liaise with investment advisors, fund managers, and other external stakeholders to ensure alignment with the family’s financial goals.
• Prepare cash flow forecasts to support liquidity planning and funding for investments and operational needs.

Family Support & Advisory

• Provide customized financial reports to family members, including budgets, forecasts, and net worth statements.
• Assist in managing the financial aspects of philanthropic activities, including private foundations and charitable giving.
• Support estate planning initiatives in collaboration with legal and tax advisors.

Operational Management

• Manage relationships with external service providers, including bankers, attorneys, and insurance brokers.
• Oversee financial operations related to personal expenses, household staff payroll, and family-owned properties.
• Develop and maintain comprehensive policies and procedures for family office operations.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field; CPA or CFA designation preferred.
• 8 years of accounting or financial management experience, ideally with experience in family office, private wealth management, or public accounting.
• Strong knowledge of tax planning, trust accounting, and multi-entity financial management.
• Proficiency in financial software and systems; experience with [specific tools, e.g., QuickBooks, Sage Intacct, or NetSuite] preferred.
• Exceptional organizational and communication skills, with a high degree of discretion and confidentiality.
• Ability to manage multiple priorities and meet deadlines in a dynamic environment.
• Experience working with high-net-worth families and understanding their unique needs is a plus.