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Manager, Family Office Accounting

Company: The Friedkin Group
Location: Houston
Posted on: July 8, 2024

Job Description:

LIVING OUR VALUESAll associates are guided by Our Values. - Our Values are the unifying foundation of our companies. - We strive to ensure that every decision we make and every action we take demonstrates Our Values. - We believe that putting Our Values into practice creates lasting benefits for all of our associates, shareholders, and the communities in which we live. -JOB SUMMARYThe Manager, Accounting under the leadership of the Director Family Accounting, will support the operations of the family businesses through full cycle accounting including general ledger, accounts payable, accounts receivable, petty cash and purchasing card activity. The Manager will take action to enhance cross-functional coordination across all of Family Office, support process improvement and system implementations. -ESSENTION FUNCTIONSPrimary duties:

Responsible for ensuring critical family member finance and accounting requests are addressed accurately and with a sense of urgency. Ensure that all financial data is recorded accurately and timely within management expectations and company policy.Execute a Monthly Close of the General Ledger for the owner and its related entities.Provide support to associates conducting routine accounting functions including but not limited to, month end close, preparation of journal entries, and account reconciliations.Analyze Balance Sheet Trend analysis, Year over Year analysis and Budget to Actual variances for owners and related entities (including Trusts). Assist with system implementations and process improvements to increase efficiency and controls within the Family Office. Analyze, generate and process CCM entries needed to maintain balances.Maintain well-documented work papers for journal entries and account reconciliations.Review reconciliation of balance sheet accounts in a timely fashion including intercompany balances; dispose of reconciling items in a timely manner.As part of the reconciliation process, review the reasonableness of balance sheet and income statement accounts in order to determine that all necessary entries are recorded.Develop, review and ensure distribution of standard, recurring monthly, quarterly or annual financial reports to management.Analyze, generate and process intercompany entries needed to adjust or reallocate expenses between business unitsDevelop action plans to address open tasks, requests, or projects and ensure execution of action plan.Manage conflicting deadlines and priorities as assigned. Quickly adapt to changing priorities. Manage and clearly communicate risks to meeting deadlines as new tasks and projects arise.Participate in the annual business planning process; provide information and assistance to business units, as requested.Comply with accounting, tax, and regulatory policies that affect owner and related entities.Be responsible for the accounting for certain entities of the owner including accounts receivable, accounts payable and general ledger.Prepare and review schedules to support tax preparation efforts.Coordinate gathering of AP data and process 1099's annually.Resolve customer issues quickly; strive to satisfy customers.Serve as point person for inquiries from the family.Responsibly receive, transmit, and handle consumer and customer data per applicable policies and procedures.Review and follow data privacy practices, policies, and guidelines.Other duties as assigned -SUPERVISORY RESPONSIBILITIESThis position will supervise one or more employees. Lead, motivate, reward, and develop the team. Set a good example and coach associates and teammates to improve their productivity and performance. Carries out responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include: The Manager will also supervise the preparation of the financial statements for the owners. The overall direction, coordination, and evaluation of these associates. Interviewing and training associates; planning, assigning, coordinating, and directing work; appraising performance; rewarding and disciplining associates; addressing complaints and resolving problems. Sponsoring, directing, coordinating, and supporting project and process improvement teams, and participating in and/or supporting project teams sponsored by other management team members. Collaborates with co-workers and leaders to leverage knowledge and experience to improve processes, procedures, and the work environment in order to eliminate inefficient and ineffective processes and procedures. -QUALIFICATIONSA Bachelor's degree from a four-year college or university; and 5-8 -years related experience and/or training; or equivalent combination of education and experience. CPA is preferred. Family Office accounting experience is preferred.
Business Acumen -- Knowledge of business operations and key factors affecting business successes.Process Orientation -- Understands process components and attributes. Identifies, prioritizes and implements process improvement opportunities.Customer Orientation -- Continually seeks to understand and act upon customer needs, concerns and priorities.Confidentiality -- Understands the personal nature of transactions and maintains the highest level of confidentiality when conducting business internally and externally.Leadership -- Guides individuals and groups toward desired outcomes by building confidence based on a shared vision and the means to attain it.Technical Expertise -- Applies up-to-date knowledge and skills needed to do the job. Expertise in GAAP, Microsoft Dynamics AX, Excel and other PC applications required in the job.Interpersonal Aptitude -- Maintains effective working relationships with others both within and outside of their team.Interpersonal Influence -- Uses interpersonal aptitude skills to build relationships beneficial in achieving work-related goals. Gains attention and respect of others.Commitment to Quality -- Provides products and services of the highest quality, sets quality standards.Achievement Orientation -- Sets high-performance standards, sets aggressive goals and is able to achieve them.Self-development -- Takes a pro-active role in developing and pursuing career goals.Company-wide Perspective -- Understands complementary, interdependent nature of work processes and defines one's work within this context.Business Insight -- Understands how new events will affect individuals and business processes.Facilitation of Others -- Leads both formal and informal meetings that maximize the group are potential to make decisions and generate solutions.
Microsoft Office Application Set - ExcelMicrosoft Dynamics AX experience is a plusStandard financial accounting principles -To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. - The requirements listed above are representative of the knowledge, skill, and/or ability required. - Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. -(For optimum performance, the jobholder in this position would be expected to demonstrate appropriate knowledge, skills, and abilities in the listed areas.) -CERTIFICATES, LICENSES, REGISTRATIONS*Valid driver's licenseCPA license preferred -PHYSICAL REQUIREMENTSThe physical requirements described here are representative of those that must be met by an associate to successfully perform the essential functions of the job. While performing the duties of the job, the associate is required on a daily basis to analyze and interpret data, communicate, and remain in a stationary position for a significant amount of the work day; and frequently access, input, and retrieve information from the computer and other office productivity devices. The associate is regularly required to move about the office and around the corporate campus. The associate is occasionally required to travel to other sites, including out-of-state, where applicable, for business. The associate must frequently move up to 10 pounds and occasionally move up to 25 pounds. -WORK ENVIRONMENTThe work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. While the job is generally performed in an office environment, the associate is occasionally exposed to wet and/or humid conditions, areas in which moving mechanical parts, fumes, toxic or caustic chemicals are present, and outside weather conditions. The noise level in the office environment is typically quiet, but the associate may be occasionally exposed to loud noise levels.TRAVEL REQUIREDMinimal travel is required for this position (up to 20% of the time and on a domestic basis).The Friedkin Group and its affiliates are equal opportunity employers and maintain drug-free workplaces by conducting pre-employment drug testing. -#LI-PB1HP125 TOTAL REWARDSOur Total Rewards package is an integral part of how we recognize our associates' contributions as well as attract, retain and reward the most qualified employees. We are committed to providing a fair and competitive compensation structure that includes base pay and performance based rewards, where applicable. Compensation is based on various factors including, but not limited to, skill set, experience, qualifications and job-related requirements. Our benefits include medical, dental, and vision along with wellness programs, retirement plans, paid leave and much more! To learn more about these programs and many more, take a tour of our - -We are seeking candidates who are legally authorized to work in the United States, without Sponsorship.

Keywords: The Friedkin Group, Houston , Manager, Family Office Accounting, Executive , Houston, Texas

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