Family Office Accounting Associate

Position:

We are seeking an exceptional individual to serve as an Accounting Associate within Maestro’s Family Office Division. The Accounting Associate is a key member of each of our client teams and is responsible for the day-to-day management/administration of the financial affairs for multiple clients of the firm. The role requires solid bookkeeping/accounting skills, along with strong communication skills needed to interact directly with clients and their other advisors. A successful candidate will have the opportunity to grow into multiple roles within the firm.

The position offers an excellent opportunity for a professional with a diversified background to assume the responsibility of bespoke client service and directly assisting the Relationship Managers with all aspects of Family Office services.

Responsibilities:

The Accounting Associate will work with the other members of the client teams to ensure the following tasks are completed:

• Processing of all client payables (bookkeeping / AP)
• Tracking and maintaining detailed information related to all client assets (cash, investments, business interests, real estate, physical assets, etc.).
• Preparation of client reporting package (monthly/quarterly)
• Daily monitoring of client cash accounts
• Monitoring, reporting and reconciliation of all client credit card activity
• Tracking and managing all tax-related information and distribution to client’s accounting team
• Facilitation of all quarterly / annual tax payments and returns
• Preparation of account paperwork for new banking and investment accounts
• Coordination of capital calls for clients’ private equity investments
• Tracking of all portfolio distributions in internal reporting platform
• Transmission of critical data to clients’ advisors
• Administration of client Foundations and small business entities (partnerships, LLCs, etc.)
• Tracking clients’ international travel in order to notify credit cards of travel status
• Processing payroll for operating entities and/or household staff
• Creation of 1099s for client vendors
• Maintenance and upkeep of internal CRM and data management system

Skills and Experience for Success:

• Experience working with high net worth individuals and their advisors
• Strong general ledger, accounts payable and cash management skills
• Critical and strategic thinker who thrives in a quick pace, ever changing, complex environment
• Experience with financial software including; Sage, QuickBooks/QuickBooks Online, REACH Reporting, Rockit, Archway, Crystal Reports, and Office 365
• Exceptional communication, writing and listing skills
• Team player with a high EQ willing to “roll up their sleeves to do what it takes”
• Ability to understand multi-family clients and the complexity of their individual needs and concerns

Qualifications:

• The ideal candidate for the position must be willing to learn new concepts and ideas. They must be a hard worker who can anticipate the needs of high net worth clients and be comfortable sharing unique ideas and concepts.
• The ideal experience will include:
  • 3+ years of accounting and financial reporting experience within the single/multi-family office, accounting, corporate, or wealth management industry
  • A bachelor’s degree in accounting or finance preferred

Position Reports to:

Client Engagement Manager

Compensation:

Maestro Family Office offers outstanding compensation packages where you will be rewarded for your experience and recognized for the value you bring to our team of professionals. Our packages also include discretionary bonus targets, generous retirement plan company matching, medical and dental benefit options and more. We offer team rotation opportunities, specialized educational courses and seminars, company events, senior mentor programs and community service events.

Location: The position will be based in Stamford, Connecticut with minimal travel required.