Senior Client Accounting Associate

About the role

The Senior Client Accounting Associate will be responsible for working with Portfolio Managers, Strategic Advisors and Client Service Associates regarding the accounting needs and complexities of high net worth clients.

Responsibilities

• Maintain complete records and prepare checks for client’s foundations, trusts, partnerships, and LLC’s.
• Reconcile accounts on a monthly basis.
• Work with Client Services Associate when necessary.
• Prepare checks for charitable contributions for individuals and foundations as directed.
• Organize income tax return information for individuals, trusts, partnerships and foundations.
• Prepare detailed year-end tax information for third party accountants.
• Contact Investment Advisors as necessary.
• Understand and document taxable events.
• Process bills for payment, including using bill.com, and writing checks for other expenses.
• Maintain sufficient balance in accounts at all times to cover checks written and other miscellaneous withdrawals.
• Check bills for accuracy and contact vendors if necessary.
• Communicate with clients to receive approval for invoice processing and other cash movement activity they require.
• Oversee the reconciliation of client checking accounts.
• Record account receivables and record deposits in various bank accounts.
• Maintain general ledger accounts and prepare monthly financial statements and special reports based on client needs.
• Aid members of the Client Accounting team and serve as backup for some colleagues.
• Research and complete special projects as they arise – be able to think creatively and strategically.
• Develop and carry out solutions on the client’s behalf when problems/projects arise.
• Work with CPAs to answer questions and serve as point of contact between CPAs and clients.
• Aid in timely filing of all tax returns and tax payments on the client’s behalf.
• Maintain strict confidentiality regarding client’s financial information at all times.
• Participate in meetings with clients as requested by fellow team members.
• For the employees of clients: Prepare payroll.
• Calculate and prepare deposits for payroll taxes.
• Prepare quarterly tax reports.
• Prepare annual W-2s, W-3s and VA-6s.
• Maintain employee payroll files, answer questions regarding employment issues, verification of employment etc.
• Research health insurance options as needed.

Qualifications

• 5+ years Partnership Accounting Experience
• Bachelor’s degree required
• Quick Books Enterprise and Microsoft Excel
• Accuracy and Attention to Detail
• Multi-tasking / Prioritizing Tasks
• Experience in individual tax

Benefits

• Competitive compensation package, including full benefits.
• Medical, Dental, Vision Wellness program participation incentive.
• Financial wellness program.
• Fitness event fee reimbursement.
• Gym membership discounts.
• Colleague Assistance Program.
• Telemedicine Program (for those enrolled in Medical).
• Adoption Benefits.
• Daycare late pick-up fee reimbursement.
• Basic Life & Accidental Death & Dismemberment Insurance.
• Voluntary Life & Accidental Death & Dismemberment Insurance.
• Short Term Disability.
• Paid parental leave.
• Group Long Term Disability.
• Pet Insurance.
• 401(k) (50% employer match up to IRS limit, 4 year vesting).