Accounting Manager

4 weeks ago


Los Angeles CA United States Alliance Resource Group Full time

Alliance Resource Group has partnered with a well-known and reputable PE firm that is starting a family office team for their managing partners. This position is open due to growth and there is a ton of opportunity for growth within the organization.

You will report directly to and partner directly with the head of family office. Their goal is for this assistant controller to grow into the next controller for the family office.

They also have phenomenal benefits including 100% health insurance coverage and profit sharing.

  • Assist in the monthly/quarterly/annual financial statement closing process for multiple entities, including workpaper preparation, bank and brokerage reconciliations, JE’s, financial statement analysis.
  • Maintenance of estate plans by coordinating annual interest and rent payments between various trusts and entities.
  • Assist in estate and tax planning analysis, gather documentation.
  • Deal with insurance additions and changes (vehicles, art, property, commercial policies, etc.). Communicate regularly with outside insurance brokers ensuring proper coverage and no lapses in policies.
  • Read contracts for business and financial terms. Review engagement letters, assist in opening and closing bank and brokerage accounts, complete KYC documents.
  • Work on ways to optimize and automate internal processes. Develop, implement and document financial policies, procedures and controls.
  • Conduct complex financial analysis to support business decision-making and provide strategic recommendations.
  • Communicate financial insights and implications effectively to stakeholders including senior management.
  • Perform monthly reconciliations of credit cards and provide reports as needed. Assist in preparation of weekly/monthly reporting packages for Principals including investments, real estate, sources and uses of cash.
  • Assist with year-end reporting of 1099’s.
  • Assist with new entity setup, employee reimbursement.
  • Coordinate with lawyers, trustees, valuation experts, accountants, and other external advisors to implement family directed strategies and initiatives.
  • Track unfunded, investment returns, distributions received, capital calls and investment requests.
  • Prepare family meeting materials for the next generation.
  • Prepare subscription agreements for new investments and coordinate their funding.
  • Assist with investment tracking software.
  • Cash flow planning, portfolio allocation and budgeting.
  • Assist with annual CTA and SOS filings.
  • Coordinate annual audit for a private foundation.
  • Monitor general family office inboxes to serve as an intermediary between the families and custodians, bankers, and other advisors.

Requirements:

  • Bachelor's degree in accounting or related field required.
  • CPA strongly preferred.
  • 4 to 6 years of accounting experience, with public accounting (audit) experience at Big 4 or regional firm required. Financial services industry experience a plus.
  • General understanding of investment management, business valuations and financial modeling preferred.
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