Trove - CT
Overview
Trove is an administrative financial services company that serves high-net-worth individuals and their organizations. We provide bespoke, day-to-day financial solutions and maintain centers of excellence with a trusted, innovative, and expert team. We have multiple office locations: Boston, MA; New York City, NY; Bryn Mawr, PA; Salt Lake City, UT; and Stamford, CT. We are seeking talented, motivated, curious, collaborative individuals who are passionate about delivering high-quality services in a culture of teamwork. Read more about the day-to-day responsibilities of our Accounting Associate below. Job Description
We are seeking an Accounting Associate to join our Family Office in (insert location(s)). This individual will be a key team member responsible for the daily accounting and operations for a portfolio of assigned families and/or engagements. If you have general accounting knowledge, strong communication and responsiveness, attention to detail, proactive problem-solving, and dependable follow-through, we encourage you to apply. Responsibilities
Manage general ledger / chart of accounts and identify mistakes or errors Follow Engagement’s standard operating procedures (SOP) Ownership of bill pay: review, catch mistakes, and ensure all invoices are entered for processing Ownership of family receivables: accounts receivable, loan and services such as preparation of invoices, issue resolution, and ensuring timely deposits Treasury management: process and reconcile banking, credit cards, custody / brokerage accounts, alternative payment methods, and retirement accounts Prepare funding requests Ownership of asset tracking: real property, collectibles, other assets, and preparation of journal entries as necessary Investment and partnership accounting: prepare journal entries and reconcile investment accounts Reporting and analytical review with proficient use of software Assist with tax return payments and deadlines (checks via certified mail / EFT via federal and state portals / EFT via banking system) Communicate cash needs for tax payments to the team Assist with estate-related tasks and projects, as needed Understand basic insurance program and identify key life events triggering coverage adjustments Occasionally assist with concierge special projects Organize and process payroll for employees (household and/or business) as per SOP and workflow Relationship management: establish professional relationships with external providers and the family Communicate with team members proactively and continuously Assist with ad hoc projects and family requests, as needed Qualifications
Minimum of an associate degree in accounting or related area Bachelor's degree in accounting or related area preferred 1-3 years of accounting or related experience; client service-oriented experience preferred Proficient in general ledger software, bill pay software, Microsoft Office, and CRM systems Skills & Experiences For Success
Strong organizational skills and ability to prioritize work to meet deadlines Solid knowledge of debits, credits, and general ledger / chart of accounts, with ability to follow engagement-specific processes Basic understanding of asset classes for brokerage accounts and alternative investments Basic understanding of capital statements, capital calls and distributions, NAV and partnership allocations Familiarity with basic estate documents (wills, POA, trusts, living will, etc.) Experience or knowledge of family offices and high-net-worth individuals is a plus Strong verbal and written communication skills Ability to identify process improvements and contribute to best practices Willingness to participate in company events and embrace firm culture Desire to learn and attend training sessions to expand knowledge Compensation & Benefits
We offer an outstanding compensation package with discretionary bonus targets, generous retirement plan company matching, medical and dental benefits, and additional benefits. Educational courses, seminars, company events, and community service opportunities are included. Equal Opportunity Employer
Trove is an equal opportunity employer. Qualified applicants are considered for employment without regard to age, race, color, sex, marital status, religion, creed, ancestry, national or ethnic origin, physical or mental disabilities, sexual orientation, or gender identity. Seniority level
Entry level Employment type
Full-time Job function
Strategy/Planning and Information Technology We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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Trove is an administrative financial services company that serves high-net-worth individuals and their organizations. We provide bespoke, day-to-day financial solutions and maintain centers of excellence with a trusted, innovative, and expert team. We have multiple office locations: Boston, MA; New York City, NY; Bryn Mawr, PA; Salt Lake City, UT; and Stamford, CT. We are seeking talented, motivated, curious, collaborative individuals who are passionate about delivering high-quality services in a culture of teamwork. Read more about the day-to-day responsibilities of our Accounting Associate below. Job Description
We are seeking an Accounting Associate to join our Family Office in (insert location(s)). This individual will be a key team member responsible for the daily accounting and operations for a portfolio of assigned families and/or engagements. If you have general accounting knowledge, strong communication and responsiveness, attention to detail, proactive problem-solving, and dependable follow-through, we encourage you to apply. Responsibilities
Manage general ledger / chart of accounts and identify mistakes or errors Follow Engagement’s standard operating procedures (SOP) Ownership of bill pay: review, catch mistakes, and ensure all invoices are entered for processing Ownership of family receivables: accounts receivable, loan and services such as preparation of invoices, issue resolution, and ensuring timely deposits Treasury management: process and reconcile banking, credit cards, custody / brokerage accounts, alternative payment methods, and retirement accounts Prepare funding requests Ownership of asset tracking: real property, collectibles, other assets, and preparation of journal entries as necessary Investment and partnership accounting: prepare journal entries and reconcile investment accounts Reporting and analytical review with proficient use of software Assist with tax return payments and deadlines (checks via certified mail / EFT via federal and state portals / EFT via banking system) Communicate cash needs for tax payments to the team Assist with estate-related tasks and projects, as needed Understand basic insurance program and identify key life events triggering coverage adjustments Occasionally assist with concierge special projects Organize and process payroll for employees (household and/or business) as per SOP and workflow Relationship management: establish professional relationships with external providers and the family Communicate with team members proactively and continuously Assist with ad hoc projects and family requests, as needed Qualifications
Minimum of an associate degree in accounting or related area Bachelor's degree in accounting or related area preferred 1-3 years of accounting or related experience; client service-oriented experience preferred Proficient in general ledger software, bill pay software, Microsoft Office, and CRM systems Skills & Experiences For Success
Strong organizational skills and ability to prioritize work to meet deadlines Solid knowledge of debits, credits, and general ledger / chart of accounts, with ability to follow engagement-specific processes Basic understanding of asset classes for brokerage accounts and alternative investments Basic understanding of capital statements, capital calls and distributions, NAV and partnership allocations Familiarity with basic estate documents (wills, POA, trusts, living will, etc.) Experience or knowledge of family offices and high-net-worth individuals is a plus Strong verbal and written communication skills Ability to identify process improvements and contribute to best practices Willingness to participate in company events and embrace firm culture Desire to learn and attend training sessions to expand knowledge Compensation & Benefits
We offer an outstanding compensation package with discretionary bonus targets, generous retirement plan company matching, medical and dental benefits, and additional benefits. Educational courses, seminars, company events, and community service opportunities are included. Equal Opportunity Employer
Trove is an equal opportunity employer. Qualified applicants are considered for employment without regard to age, race, color, sex, marital status, religion, creed, ancestry, national or ethnic origin, physical or mental disabilities, sexual orientation, or gender identity. Seniority level
Entry level Employment type
Full-time Job function
Strategy/Planning and Information Technology We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr