What are the responsibilities and job description for the Manager, Personal CFO Services position at Pathstone?
Company Description: Pathstone is a dynamic, rapidly growing, partner-owned wealth management firm that serves ultra-high net worth families, single family offices, and foundations and endowments. Our comprehensive range of services and deep expertise goes far beyond investment advice. We provide tax planning and compliance, insurance and risk management, lifestyle management, wealth and estate planning, trust services, and philanthropy services. We have 20 office locations and more than $100 Billion in Assets Under Advisement and Administration. The number of Pathstone team members has more than doubled in the past five years.
As a Certified B Corporation, Pathstone seeks to make a difference in the lives of our clients and their families as well as to offer a positive and supportive work environment for our employees. Our team members are encouraged to pursue their passions by serving on committees and initiatives addressing topics of importance to our business. Our talented people are our greatest asset and therefore we offer a competitive, comprehensive, and flexible benefits program that helps meet the needs of our team members and their families. Pathstone’s generous benefits include comprehensive medical, vision, and dental coverage, flexible spending, flexible PTO, life insurance, education support, 401k plan, parental leave, and more.
Job Description: The Atlanta office is looking for a Manager, Personal CFO Services to join our growing family office team which provides daily accounting, financial administration and other family offices services for a diverse group of high-net-worth clients. This role is client-facing and serves as a trusted partner in managing and streamlining the financial lives of our clients. You will work with a dynamic, high-performing team and collaborate closely with internal partners to deliver white-glove service, proactively oversee financial operations, including client bills and vendor management and delivery of financial reports.
Responsibilities:
- Preparation of the client financial statements, including accounting for and reporting on investments, real estate, boats, planes, and other assets.
- Prepare of various schedules for client meetings and creating client presentations
- Ensure that the clients’ Accounting and Financial Reporting needs are being met in an accurate and timely manner
- Prepare monthly and quarterly balance sheets, income statements, cash flows and other analytical reports
- Prepare monthly closing journal entries to produce monthly balance and income statements
- Reconcile credit card and bank account activity
- Reconcile brokerage statements and record investment activity
- Research and resolve issues or discrepancies with clients’ accounts
- Mentor and training associates
- Support and execute other family office services as required including asset purchases, sales and financing transactions, contract monitoring/compliance, insurance monitoring and oversight, and residence management
- Cash management including preparation of monthly cash flow to support funding requests
- Liaison with advisors, vendors, tax preparers and clients timely to provide extraordinary pro-active client service
- Complete special client projects of a complex nature
Requirements:
- Bachelor’s degree in Finance, Accounting, or a related field; CPA, CFP, or other relevant certifications preferred.
- 7 years or related experience. Public accounting, family office, high net worth tax preparation, financial services or private wealth industry are preferred.
- Industry knowledge helpful in Treasury/Cash Management, Partnership Accounting, Fund and Investment Accounting
- Experience in a client-facing financial services role, preferably serving high-net-worth or ultra-high-net-worth clients.
- Strong analytical skills with overall financial aptitude
- Ability to effectively communicate and compile data into clear reports
- Excellent organizational, time-management, and project management skills
- Ability to interact with clients and advisors in a professional and discrete manner
Pathstone is committed to creating a diverse environment and is proud to be an equal opportunity employer.
