Accounting Manager

1 day ago

Woodbridge, United States Bessemer Trust Company Full time
The Family Office Management group at Bessemer Trust, which provides operational and administrative services to ultra-high net worth families, trusts, and foundations, is actively recruiting an experienced accountant to serve as an Accounting Manager in its Woodbridge, New Jersey office. The primary focus of this position will be to manage some of the department’s more complex accounting clients, providing them with accounting and reporting services, and to oversee and review the work of assigned junior staff members. This position requires proven competency in both complex accounting and high end / high touch client service.

Primary Responsibilities:

Accounting & Financial Reporting:
Analyze and summarize current as well as historical client financial data in order to support the preparation of unaudited statements, including balance sheets, statements of net worth, income statements, budgets, and cash flow statements
Provide consolidated statements of financial activity for complex families and their trusts, partnerships, and other entities
Respond quickly and professionally to clients’ ad hoc analysis and reporting needs
Must possess a good understanding of investment accounting, including alternative investments and K-1 data, and will be responsible for overseeing recording of K-1 activity in the books and records
Assist with preparation and filing of vendor 1099s on an annual basis
Ensure data accuracy and professional presentation of output for assigned clients
Must be willing to perform all levels of accounting work directly as needed, especially quality control
Staff Management:
Provide daily guidance and training to any assigned accounting staff at various levels of experience, on all accounting and reporting procedures
Coordinate interaction with relevant other service teams (e.g., consolidated reporting, bill pay, HR/payroll) and client advisory teams
Controls & Audit:
Provide leadership in terms of maintaining and enhancing controls / procedures related to client service delivery
Proactively incorporate regulatory requirements and operational risk management in all areas with an audit mindset

Qualifications:

Bachelor’s degree in accounting or finance with a minimum of five to seven years relevant work experience
CPA required
Proficiency in the use of QuickBooks accounting software required
Individual and small business accounting experience beneficial
Demonstration of a progression in responsibility with direct staff oversight experience
Organizational skills with the ability to prioritize and manage multiple assignments for several clients in a fast-paced environment, and the ability to meet deadlines with efficiency and accuracy
Demonstrated ability to use tact, discretion, confidentiality and good judgment in handling sensitive and confidential matters and documentation

About Bessemer Trust
Bessemer Trust is a leading multifamily office, overseeing more than $200 billion in assets for 3,000 individuals and families of substantial wealth. Its 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.

Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.

Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer's adherence to putting clients' interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

Key Facts

For 117 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
To watch a video about Bessemer Trust’s history, click here.
To learn more about Bessemer Trust, click here.

About Our Employee Rewards and Benefits

We provide exceptional rewards and benefits that are among the best in the industry, giving our people access to a wide range of options, including:

Competitive base salary plus discretionary annual bonus for select positions
A 401(k) plan with a generous annual profit-sharing contribution
Personalized development and career opportunities, including tuition reimbursement support
Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
Employee assistance (EAP) and wellness programs
Hybrid work environment: 60% in office, 40% remote for most positions
Paid time off and paid parental leave
Employer-paid life insurance and short- and long-term disability coverage
Legal services and financial wellness plans at no cost to employees

Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.

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