We are seeking a highly organized and experienced Family Office Controller to oversee financial operations and accounting functions for our prominent family office. The Family Office Controller will play a pivotal role in managing financial reporting, budgeting, investment tracking, and tax planning for the family's high portfolio of assets and entities.
Key Responsibilities:
- Financial Reporting: Prepare accurate and timely financial statements, reports, and projections for the family's various holdings and investments.
- Budgeting and Forecasting: Develop annual budgets and financial forecasts in collaboration with family members and investment advisors. Monitor performance against budget and provide variance analysis.
- Investment Oversight: Track and report on investment portfolio performance, including real estate, equities, private equity, and other assets. Coordinate with investment managers and advisors as necessary.
- Cash Flow Management: Monitor cash flow positions and oversee daily cash management, ensuring liquidity needs are met while optimizing returns.
- Tax Planning and Compliance: Work closely with tax advisors to implement tax-efficient strategies for the family's investments and entities. Ensure compliance with all tax reporting requirements.
- Risk Management: Identify and mitigate financial risks related to the family's assets and investments. Implement internal controls and procedures to safeguard assets and maintain data integrity.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field; CPA or CFA designation preferred.
- Proven experience (5 years) as a Controller, preferably in a family office or similar environment.
- Strong understanding of investment accounting, financial reporting, and tax planning.
- Familiarity with wealth management practices and financial instruments.
- Exceptional analytical skills with attention to detail.
- Ability to handle confidential information with discretion.
- Excellent communication and interpersonal skills.
- Proficiency in financial management software (e.g., QuickBooks, Excel, etc.).
*This is a in-person position based in Chicago, IL
Job Type: Full-time
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Work Location: In person