What are the responsibilities and job description for the Accounting Manager - Family Office position at Glocap?
Responsibilities:
- Creating and maintaining books and records for various individual/personal entities, including investment vehicles
- Managing all accounts payable related functions, including:
- Reviewing and processing invoices/payments
- Preparing budgets and providing budget to actual analysis
- Preparing bank reconciliations and manage banking relationship
- Implement expense tracking and allocation
- Collecting receipts from domestic employees, reconciling credit card statements
- Managing payroll and benefit process related to partners’ domestic employees
- Maintain ledgers for alternative assets that track performance, K‐1 attributes, and tax basis
- Collaborate with tax professionals in preparation of filings (partnerships, individuals, and trusts) and on tax planning initiatives
- Coordinating with trust and estates attorneys on various on-going and ad-hoc initiatives
- Preparation of consolidated reporting incl. personal investments, financial statements, net worth statements, budgets, etc.
- Provide financial updates on a monthly, quarterly and ad hoc basis
- Provide support in the management of personal residences and other personal matters
- Research accounting issues that arise from investment transactions
- Assist in the completion of subscription documents for new investments and account documents for new brokerage and bank accounts
- Develop, implement, and maintain financial controls and guidelines.
- Identify areas for process improvements and automation
- Propose and implement solutions to support cost reduction and reporting enhancement
- Point person on special projects and ad-hoc requests
- Work closely with executive assistants on other projects/matters
Qualifications
- Individual must have 5 years of experience in a similar role
- Financial Reporting or tax
- CPA is a must
- Project management experience is a plus
- Proficiency in Microsoft Office products is required
- Highly proficient in QuickBooks
- Prior experience working for or with a family office, hedge fund, private equity fund, public accounting firm or administrator
- Ability to maintain highest level of confidentiality is critical
- Ability to multi‐task while maintaining high level of attention to detail and accuracy
- Ability to respond to changing priorities in a time‐sensitive environment
- Ability to problem solve independently and propose innovative solutions
- Communicates effectively both verbally and in writing
