About this role
Job Overview
A support role at the corporate level to research and resolve issues or discrepancies with Family Office accounting and taxes.
Responsibilities and Duties
General Accounting
- Ability to develop an understanding of the family-related structure and apply it to accounting transactions.
- Establishes oneself as an office resource for certain family-office questions.
- Set up accounting infrastructure, using GL software, to initiate new entities.
- Record various accounting transactions and prepare journal entries, payables, and banking modules timely and accurately.
- Monitor and reconcile bank and investment accounts.
- Create, prepare, and distribute monthly reporting packages in a timely manner to meet family expectations and deadlines.
Tax Compliance and Planning Support
- Assist and create supporting schedules, such as tax planning, distributions, cash flow analysis, and asset valuations, as determined by the Tax Director
- Assist in tax return preparation, extensions, and/or tax-related supporting schedules, as determined by the Tax Director.
- Performs a detailed level review of fixed asset schedules (tax reports) and generates reports.
- Assists with the coordination of the investor portal and K1 uploads.
- Resolve tax filing notices.
Administrative Support
- Facilitate family office information as necessary between accounting, legal, tax, finance, and operations.
- Provide administrative and other support to the family principals, Tax Director, In-House Counsel, and Controller.
- Prepare materials and participate in the family-office board meetings.
- Manage ad-hoc projects.
Qualifications
- Strong technology skills and proficiency with all aspects of the Microsoft Office suite.
- Strong tax accounting experience.
- Working knowledge of property management operations
- Knowledge of Rent Manager or MRI software
- Proven commitment to high-quality customer service
- Strong verbal and written communication skills
- Proven ability to handle proprietary information with discretion.
- Experience with process improvements and proficiency with spreadsheets.