Job Description

We are assisting our client to identify and hire a Private Client Accounting Specialist to join their team. Our client’s Private Client, Trusts and Estates Group is dedicated to the personal and sophisticated legal needs of high-net-worth individuals and families.

The successful candidate is someone who takes pride in delivering client service that is superior in quality and accuracy. He or she should enjoy helping others complete their time-sensitive work and should enjoy accounting, bookkeeping, and similar work with numbers. This position requires attention to detail, a great attitude, a heart for service, and a desire to help the team succeed.

Responsibilities:

• Assume a “client service” role which includes maintaining an understanding of each client’s relationship, the effective anticipation of their needs, a time-sensitive response to requests, and superior quality and accuracy in deliverables.
• To nurture, develop, and maintain professional working relationships with HomeBase clients, their family members, and their external advisors, with the utmost discretion, confidentiality, and respect for client privacy.
• Perform semi-annual review of client deliverables and annual review with attorneys
• Maintain binder on client (account summary overview, EIN, trust documents, tax returns
• Coordination of client onboarding, bill pay, distributions, and investments.
• Establish customized bill pay approval protocols for each client and convey to the bill pay/trust specialist
• Review clients’ transactional activity for proper classification and reporting.
• Perform a “first review” of non-recurring invoices for reasonableness and validation, to detect errors or billing fraud.
• Reconciliation of checking accounts monthly and review of general ledger activity
• Create/maintain tax calendars for clients and work with the bill payable specialist for timely filings.
• Review of 1099s and 1099 NEC generated before distribution to the client and/or their accountant.
• Onboarding of Client to Wealth Platform, including but not limited to coordinating account LOA for data aggregation services, global wealth map structure set up, and General Ledger set up.
• Prepare holistic financial reporting for each client, incorporating the relevant accounts (trust, bank, retirement, credit, personal investments, philanthropic, etc.)
• Create budgets, cash flow, fiduciary accountings, and identify liquidity needs, when requested
• Coordinate / Review with Alternative Investment Specialist reporting for capital calls, distributions, IRR, remaining commitments, Interfamily Loans, and/or Foundation Reporting.

Qualifications:

• 2+ years of financial services experience.
• Knowledge of trusts, general ledger accounting, alternatives & overall investments.
• Bachelors in Accounting or other related field preferred.
• Attention to detail, analytical skills, and strong organizational skills.

Job Tags

Similar Jobs