What are the responsibilities and job description for the Family Office Accountant position at Pennrose?
Overview:
Working Conditions:
Pennrose is actively seeking a driven and analytical professional to join their staff as a Family Office Accountant. In this role, the Family Office Accountant will be primarily responsible for maintaining accurate books and records for a dynamic family office function. The desired candidate is detail-oriented, articulate, and maintains the highest of professional standards. The Family Office Accountant reports to the Director of Asset Management & Analytics, and works out of the Philadelphia Support Center.
Responsibilities:
- Maintain organized, accurate books & records for a robust family office function, including various closely-held business interests and unique assets
- Responsible for full-service controllership of the family office accounting function, including treasury and liquidity managementPrepare and review of monthly, quarterly, and annual financial deliverables including bank reconciliations, journal entries, balance sheets, income statements, and cash flows
- Prepare annual cash flow budgets and monthly reforecasts
- Supports the preparation of annual local, state and federal tax returns
- Support various estate planning functions
- Tracking and analyzing net worth, liquidity, debt, and investment data/performance for all family assets including alternative investments and real estate
- Read, interpret, and organize various operating agreements, loan documents, trust agreements, and other related legal documents
- Collaborate with external advisors, accountants, and attorneys
- Provide transactional support for asset acquisitions, dispositions, and financing events
- Develop and maintain controls, processes, and procedures in support of a holistic family office function
- Assisting with complex ad hoc projects including financial modeling, projections, and analyses
Relationships and Contacts
- Reports to: Director of Asset Management & Analytics
Required Education and Experience:
- Bachelor’s degree in accounting or finance required, CPA designation preferred
- 5 years’ accounting & financial analysis experience; family office experience highly desirable
- Experience with recapitalizations, dispositions and working knowledge of real estate development financial underwriting preferred
- Experience with Quickbooks, Yardi, and/or other financial systems required
- Individual and partnership taxation experience required
- Estate planning experience highly desirable
- Ability to learn quickly and desire to consistently improve reporting, processes, and procedures
- Ability to multi-task and run projects simultaneously.
- Proven professional communication & presentation skills required
- Proven track record of trustworthiness and maintaining confidentiality of sensitive information & records
Knowledge, Skills and Abilities
- Strong analytical skills, both quantitative and qualitative
- Must be able to compile, monitor, examine various financial and performance reports
- Ability to provide recommendations for changes or improvements to current processes
- Excellent verbal and written communications skills to present to and work with senior management and ownership
- Advanced Microsoft Excel; Strong Word, PowerPoint and Outlook skills
- Strong work ethic, attention to detail, and commitment to meeting deadlines
Additional Requirements
- Occasional ability to travel possible
- Valid driver’s license required
Working Conditions:
- Ability to work periodic flexible hours is required; Ability to travel by plane and automobile as needed
Tax Senior - HNWI/Family Office
CyberCoders -
Philadelphia, PA
