Director, CFO Services

About Cresset

Cresset is an award-winning, independent, multi-family office, and private investment firm. Cresset’s goal is to reinvent the way people experience wealth by providing access to the talent, ideas, and investment opportunities available to the largest single-family offices and endowments. We offer deeply personalized wealth management, investment advisory, and family office services through Cresset Asset Management, an SEC-registered investment advisor that has surpassed $50 billion in assets under management. The firm is widely recognized for its excellence and is frequently ranked as a Barron’s and Forbes Top RIA Firm.

Job Description

Cresset is seeking a Director, CFO Services, who will operate within our CFO Services team.  This position is hands-on, requiring experience in financial reporting, cash flow analysis, bill payment including classification and recording of bank account and credit card details, and experience in bookkeeping including recording all transactions for a given entity, and production of customized financial reports for high-net worth families.  Understanding of operational accounting, cash management, and payroll functions are important to success.  This role will have direct interaction with Cresset Family Office clients serving the needs of high-net worth individuals, families, and business owners in a fiduciary capacity.  This position will report directly to the Managing Director, Head of CFO Services. 

Key Responsibilities

• Oversight and execution of all financial administration tasks for high-net worth families
• Polished communication with internal and external stakeholders
• Family entity bookkeeping, which may include individuals, revocable trusts, or other related entities
• Timely, accurate, and reliable bill pay and financial reporting
• Cash management services including ensuring sufficient funds exist to make required payments
• General ledger maintenance, balance sheet reconciliations, and cost allocations
• Maintain sources and uses of cash reporting for family members
• Support financing and financial operations related to residential holdings and acquisitions
• Interface with clients, and client advisors (investment, tax, other), and others on CFO Services team to ensure excellent communication takes place

Qualifications

• Bachelor’s degree in accounting, finance, or related fields
• Professional designations desired: CFA, CFP, CPA
• 12+ years’ experience in investment accounting, public accounting, fund administration, family office, private equity accounting, or other investment related entities
• Supervisory and team building experience with an emphasis on creating positive work environments and developing employees, ensuring high work quality and client satisfaction.
• Strong written and verbal communication skills, including the ability to simplify financial concepts and educate a less sophisticated audience
• Coordination with internal wealth advisory personnel, and external advisory firms such as tax, legal, and wealth advisory with an emphasis on identification of issues and implementation of new initiatives
• Experience in investment accounting and general ledger software applications
• Ability to multi-task, thrive and adapt in a dynamic, time frame-driven environment
• Desire to learn, gain experience, and to assume additional responsibilities
• Extraordinary organizational and project management skills
• Experience working with Family Offices and/or high-net-worth families preferred

What We Offer

At Cresset, we focus on people first. As a service business, our people are our assets. Engaging our clients and employees is our highest priority. Starting base salary range: $170,000 - $185,000. Salary will be based on factors including, but not limited to, experience, licenses/certifications, industry knowledge, and geographic location. Cresset offers a competitive compensation package including an annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs. Aligning employee and organizational interests, all employees receive equity in Cresset.

Equal Employment Opportunity

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Cresset’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.