Accounting Associate - Boston, Massachusetts United States - 21344



JOB DESCRIPTION

Job #: 21344
Title: Accounting Associate
Job Location: Boston, Massachusetts - United States
Employment Type:
Salary: $85,000.00 - $120,000.00 - US Dollars - Yearly
Other Compensation: bonus
Employer Will Recruit From: Local
Relocation Paid?: NO

WHY IS THIS A GREAT OPPORTUNITY?


 

 

                                                               

                                                            GREAT OPPORTUNITY FOR A FAMILY OFFICE ACCOUNTING PROFESSIONAL

Our client is a Family Office, located in downtown Boston. The office in Boston has 10 professionals and manages a diversified investment portfolio including marketable securities, private equity, real estate, and other business ventures. The team also supports the philanthropic and personal activities of the family.

If you have a strong accounting background and experience working in or with a family office, we would like to speak with you!

 

 

 

 

JOB DESCRIPTION

                                                                                                   ACCOUNTING ASSOCIATE

The ideal candidate will oversee family member personal finances including the delivery and preparation of accurate, reliable, and meaningful information. Tax compliance is a key part of the role. Specific duties include;

• Financial accounting and reporting for individuals, entities, and trusts
• Compliance with local, state, and federal tax laws
• Coordinate the collection of all K-1s and issuance of 1099s
• Prepare tax workpapers for outside tax accountants
• Ensure accurate and timely filing of federal, state, and local income tax returns and other related filings
• Process and approve accounts payable and related documentation
• Process partnership/LLC capital calls and distributions; maintain internal basis for partnerships/LLCs
• Maintain asset and liability schedules
• Establish and maintain appropriate internal controls including documentation for transactions or transfers
• Perform treasury function managing accounts and cash across family office entities and trusts, including bank reconciliations
• Prepare and manage budgets for various individuals and entities
• Prepare monthly, quarterly, and annual reporting and financial statements
• Implement process improvement initiatives and provide support for internal projects
• Oversee the administration of human resource function; payroll, retirement benefits, paid time off benefits, and health benefits
• Strong financial insight and knowledge of tax concepts
• Solid understanding and working knowledge of GAAP and financial statements
• Familiarity with U.S. federal, state, and local entity reporting requirements

 

QUALIFICATIONS

                                                                                            Qualifications and Education Requirements
• Bachelor’s degree in accounting
• CPA designation preferred
• Ten plus (10+) years of experience in accounting, tax preparation, and compliance
• Family office experience strongly preferred
                                                                                                      Preferred Skills and Attributes
• Expertise with Intuit QuickBooks Enterprise, Microsoft Office, and SharePoint
• Strong attention to detail and rigorous discipline
• Strong financial insight and knowledge of tax concepts
• Solid understanding and working knowledge of GAAP and financial statements
• Familiarity with U.S. federal, state, and local entity reporting requirements
• Excellent verbal, analytical, quantitative, organizational and writing skills
• Adhere to the highest level of confidentiality
• Flexible in taking on mundane tasks as well as exhibiting leadership in more complex projects
• Must have a strong work ethic, demonstrate the ability to work effectively as a team player and independently, and possess the flexibility necessary to engage in all functional and administrative aspects of an accounting role
 

Education:
University - Bachelor's Degree/3-4 Year Degree

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