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VP of Accounting - Family Office
Job Description
VP of Accounting - Family Office at Connect Search, LLC VP of Accounting - Family Office at Connect Search, LLC in Des Plaines, Illinois Posted in 1 day ago.
Type:
full-time
Job Title:
VP, Corporate Accounting Location:
Chicago, IL (Hybrid - 3 days onsite)
Type:
Full-Time, Permanent/Direct Hire Pay Range:
$185,000 - $215,000 base salary plus 20% bonus
Benefits:
Annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs.
Company:
Family Office Key Responsibilities:
Own the full-cycle accounting function for the family office management companies, including maintenance of the general ledger, chart of accounts, and all subsidiary records. Lead the monthly, quarterly, and annual close process. Prepare consolidated management company financial reports and variance analyses for the CFO and family principals Maintain all accounting records in compliance with tax basis of accounting; establish and document consistent accounting policies and procedures Manage intercompany transactions and allocations across all entities Lead the annual budget process for the management companies, coordinating with department heads and senior leadership to develop operating expense budgets Partner with HR and department heads on compensation planning, benefits cost projections, and headcount forecasting Support the CFO in ad hoc financial analysis, scenario modeling, and strategic initiatives Oversee daily cash management across all operating accounts; maintain appropriate liquidity for payroll, vendor payments, and ongoing operating expenses Develop and maintain short- and medium-term cash flow forecasts; proactively identify and communicate funding needs to the CFO Review and approve wire transfers, ACH payments, and check disbursements in accordance with authorization and segregation-of-duties policies Manage banking relationships; evaluate and optimize account structures, fee arrangements, and service levels Ensure proper documentation and record-keeping for all treasury transactions; maintain bank reconciliations across all accounts Own end-to-end semi-monthly payroll oversight and ensure accuracy, timeliness and compliance for all family office employees across management company entities, including exempt and non-exempt staff Manage payroll tax compliance including federal, state, and local withholdings, filings, and remittances; oversee W-2 and 1099 issuance Oversee employee benefits billing, including health insurance, retirement plan contributions, FSA/HSA, and other benefit deductions Coordinate with external insurance brokers for annual renewals; evaluate coverage adequacy relative to operational risks and staffing levels Manage certificate of insurance requests, policy documentation, and coverage tracking across all entities
Key Qualifications:
Bachelor's degree in accounting or finance; CPA certification preferred. 10+ years of progressive accounting and finance experience, with at least 3 years in a controller or senior accounting leadership role. Family office experience preferred. Demonstrated experience owning payroll, treasury, and budgeting functions - not solely investment or fund accounting
Benefits
- 401(k) Plans
- Other Retirement and Savings
- Health Insurance
- Dental Insurance