Director Business Manager

2 weeks ago

Los Angeles, United States Consultative Search Group Full time

A prestigious business management firm seeks a Director, Business Management to join their dynamic team. Firm is searching for an experienced Director in the industry to lead a dedicated Business Management service team that handles a group of several large clients. The Director role requires deep technical accounting acumen. This person will communicate with, and provide sound financial advice to, high-level clients, communicate with Partners, as well as manage a team of accounting professionals. This position is part of the management team, and will participate in key decisions for their clients.

Responsibilities:

  1. Lead and manage one or more business management client service teams.
  2. Manage workflow, ensure deadlines are being met, and internal processes and procedures are being followed.
  3. Review financial statements, tax returns, cash flow reports, other financial reporting and client meeting packages.
  4. Prepare financial statement summaries as required for Partners.
  5. Assist Partners with special projects including, but not limited to real estate transactions, cash flow analysis, investment analysis, custom financial reporting, estate planning, insurance, and forecasting.
  6. Regular communication with Partners regarding client financial matters.
  7. Regular communication with clients to answer questions, fulfill requests, and provide financial advice when needed.
  8. Attend client financial meetings.
  9. Participate in management meetings and provide input on recruiting, client distribution, staff performance, and internal processes.
  10. Coordinate with the tax department on client tax matters.
  11. Other related duties as assigned.

REPORTING & COMMUNICATION

  1. Oversee and review weekly, monthly, quarterly and annual financial reporting.
  2. Ensure financial data is accurate and current at all times.
  3. Review all client reports prior to being sent.
  4. Provide analysis and insight, and summarize large amounts of information into digestible reports that can be provided to clients.
  5. Communicate regularly with clients regarding their financial position, projections, and cash management.
  6. Communicate regularly with client’s staff as applicable.
  7. Communicate regularly with Partners regarding client’s financial position.

PLANNING

  1. Assist in preparing client’s short and long term financial projections.
  2. Monitor and direct the implementation of strategic business plans.
  3. Manage cash flow between client entities, investment accounts, and bank accounts and plan for future cash needs.
  4. Provide input to the tax department to create annual tax projections.

OPERATIONS

  1. Participate in key decisions as a member of the management team.
  2. Provide input on staffing levels, work distribution, staff performance, recruiting, and internal processes.
  3. Manage one or more business management accounting teams.
  4. Ensure deadlines are being met, and internal processes and procedures are being followed.
  5. Work as part of the new client onboarding team as needed.

RISK MANAGEMENT

  1. Regularly review client insurance policies and coverage levels.
  2. Monitor any open legal issues involving the client.
  3. Advise client on appropriate and reliable control systems for staff and entities.

Qualifications:

  1. Bachelor's degree in Accounting; or other related Business field preferred.
  2. Certified Public Accountant or Enrolled Agent preferred.
  3. 10-15 years of related experience in the Business Management field, and/or working with high-net-worth individuals.

Benefits:

Firm offers a great variety of benefits and perks to their employees. Some of these include:

  1. Medical, Dental and Vision coverage
  2. Flexible Spending Account
  3. Basic Life and AD&D
  4. Voluntary Life and AD&D
  5. Long Term Disability
  6. Voluntary Critical Illness and Cancer, Hospital Indemnity and Accident Coverage
  7. Genetic Screening and Cancer Support
  8. Pet Insurance
  9. Accrue 20 PTO days annually
  10. 401k, Match and Profit Sharing Plan
  11. 10 Paid Holidays and 1 Floating Holiday
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