Family Office Accountant

Boston Private Bank & Trust - San Francisco, CA4.4

Full-timeEstimated: $47,000 - $66,000 a year
Boston Private is a leading provider of fully integrated wealth management, trust and private banking services. For more than 25 years, Boston Private has taken a highly personalized approach to serving the complex financial needs of individuals, families, business owners, private partnerships, nonprofits and community partners. Boston Private is also an active provider of financing for affordable housing, first-time homebuyers, economic development, social services, community revitalization and small businesses.

Headquartered in Boston, Boston Private has offices across the U.S. including Boston, San Francisco, San Jose, Los Angeles and South Florida. Private banking and trust services are provided through Boston Private Bank & Trust Company. Wealth management services are provided through Boston Private Wealth LLC, an SEC registered investment adviser and a wholly owned subsidiary of Boston Private Bank & Trust Company.

The Family Office Accountant works with high-net-worth families to satisfy daily financial needs. This position is responsible for reconciling operating cash and personal investment accounts. The Family Office Accountant will also be required to book journal entries and prepare monthly reports.

Prepare monthly reconciliations of operating cash and investment accounts;
Act as a back-up to the Family Office Accounts Payable Associate Position by processing incoming invoices and charges expenses to accounts and cost centers by analyzing invoice/expense reports; recording entries into QuickBooks;
Vendor management including resolving invoice/payment discrepancies and documentation; insuring credit is received for outstanding memos; issuing stop-payments or purchase order amendments;
Monitors current cash balances for all operating accounts;
Maintains accounting ledgers by verifying and posting account transactions;
Prepares monthly reporting required by various clients;
Assists clients with operational questions;
Maintains historical records through scanning and electronic document management;
Protects various clients’ value by keeping information confidential.
2+ years of accounting experience;
Bachelor’s degree required;
Solid knowledge of both computerized and manual accounting – under stands debits and credits; tax knowledge a plus;
Understanding of payroll a plus;
Proficient in QuickBooks;
Prior use of a plus;
Good at multitasking and operates well under pressure; and
Solid communication skills with vendors and clients.