Trust Accounting Manager
On behalf of an ultra-high net worth family trust, we are conducting a search for a Trust Accounting Manager. The Trust holds more than 30 institutional real estate properties and multiple operating entities in over 100 operating companies.
We are looking for a trusted professional to work for the Trust overseeing its assets and operating companies and to act as a point person between all parties. This professional will ultimately be responsible for accounting, reporting, cash management and administration, including coordination of tax information with such professionals.
This professional will initially work in the offices of an affiliated Global Real Estate Advisory firm reporting to its CFO and work closely with other senior professionals, while learning and transitioning into this role. Ultimately, this person is expected to work in the Trust’s office and report to the co-Trustees. This is a hands-on position with growth potential as the Trust grows and moves through generations. Additional resources may be added over time based on the need.
RESPONSIBILITIES:
• Record, track and manage all cash activity, including processing of wires and checks
• Prepare and record journal entries along with analyzing and reconciling all accounts
• Monthly, quarterly, and annual financial statement and supporting documentation preparation
• Prepare both Trust FMV and Tax books
• Forecasts and budgets for both accounting and tax data
• Prepare and track workpapers for Trust step-ups on real estate assets
• Prepare annual income and principal cash reconciliations for distributions
• Analyze and service all interfamily debt
• Ad hoc reporting as needed
• Develop a system of controls and authorization work flows for the Trustees
• Reconcile bank accounts and analyze source documents and related account information for proper
G/L coding
• Track and record investment K’1s
• At the direction of the CFO or Trustees, coordinate with Legal and other third-party professionals
QUALIFICATIONS:
• 10 years of experience working in a family office or similar setting
• Bachelors in accounting or a CPA
• General knowledge of taxation, particularly of real estate assets
• Highly organized, efficient and detail oriented
• Excellent communication skills
• Advanced proficiency in MS Excel and Word
• Knowledge of Mitchell Humphrey FMS, Yardi Voyageur or other general ledger systems
Comp: $150-200k
Apply to this Job
How It Works
Connect.
Meet your dedicated recruiter in person to explore your experience and goals + identify opportunities that fit your skillset and expectations.
Intro call
Be prepared to discuss your background, career goals and expectations. If you’re a fit for our open roles, we’ll schedule an in-person meeting.
Meet & match
Meet your dedicated recruiter in person to explore your experience and goals + identify opportunities that fit your skillset and expectations.
Interview & place
Your Recruiter will work closely with you to submit your resume to open roles and work to secure interviews at top companies.