Family Office Accountant

ARNOLD & ITKIN LLP•Houston, TX

11h

About The Position

We are seeking a highly organized and detail-oriented Family Office Accountant with 3 to 5 years of full-cycle accounting experience to manage financial operations for multiple privately held entities. The role supports core business operations through accounts payable, journal entries, monthly closings, data analysis, and financial reporting. The ideal candidate ensures that books and records adhere to GAAP, IFRS, company policies, and industry standards, and is adept at adopting new software and using technology to optimize processes and improve efficiency. The accountant will oversee the accounting cycle and certain family entities, maintain accurate and timely records, and protect confidential information. Responsibilities include completing month-end closes, preparing financial statements, managing accounts payable and receivable, reconciling accounts, supporting budgeting and analysis, processing intercompany transactions, and maintaining documentation of standard operating procedures.

Requirements

Bachelor’s degree in accounting, Finance, or a related field.
3 to 5 years of accounting experience.
Experience independently managing full-cycle accounting.
Thorough understanding of accounting principles, debits, credits, journal entries, financial statements, and general ledger management.
Proficiency in QuickBooks or comparable accounting software and Microsoft Excel.
Exceptional attention to detail, accuracy, and organizational skills.
Ability to prioritize responsibilities, manage deadlines, and work independently.
Strong analytical and problem-solving abilities.
Demonstrated discretion and ability to maintain strict confidentiality.

Nice To Haves

Previous family office, private business, or multi-entity accounting experience.

Responsibilities

Manage the accounting cycle, including general ledger maintenance, journal entries, debits, credits, reconciliations, and financial reporting.
Maintain accounting practices and procedures in accordance with GAAP, IFRS, company policies, and industry practices.
Maintain confidentiality of information.
Record financial data accurately and in a timely manner.
Handle accounting for certain family entities, including accounts receivable, accounts payable, and the general ledger.
Complete timely month-end general ledger closes for all entities in the accounting system.
Prepare journal entries, including recurring month-end entries.
Manage accounts payable and receivable, including invoice processing, billing, collections, and timely payment of expenses.
Prepare monthly, quarterly, and annual financial statements, including balance sheets, profit and loss statements, and cash flow reports.
Reconcile bank accounts, credit cards, and general ledger accounts, and investigate and resolve discrepancies.
Support budgeting, financial analysis, and expense reporting.
Analyze, generate, and process intercompany entries to adjust or reallocate expenses between business units.
Prepare and post intercompany billing in a timely manner.
Maintain and periodically update standard operating procedure documentation for crucial accounting processes.