Logo
Confidential

Director Of Operations (Family Office)

Confidential, New York, New York, us, 10261

Save Job

This range is provided by Confidential. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range

$165,000.00/yr - $185,000.00/yr Responsibilities

Budgeting and Cash Flow Management: Develop and monitor the family’s budget, ensuring expenses are planned and tracked; manage cash flow to ensure liquidity for ongoing obligations. Tracking Investment Costs: Maintain detailed records of investment-related expenses (fees, taxes, and other costs) and provide regular updates on total costs and net returns. Investment Reporting: Compile reports on the family2s investment performance by consolidating data from the Chief Investment Officer (CIO) and investment managers; present clear and accurate financial statements and investment summaries. Tax and Compliance: Oversee tax planning and compliance; coordinate with tax advisors to ensure accurate filings; review contracts and invoices for accuracy and adherence to legal and fiscal requirements. Provider and Vendor Management: Source and manage service providers (e.g., legal advisors, tax consultants, financial planners); monitor provider performance to ensure alignment with expectations. Estate and Succession Planning: Maintain records of succession plans (wills, trusts, legal structures) and ensure documents reflect the family’s current wishes. Administrative Duties: Manage timely payment of invoices and expenses; maintain organized records of financial transactions and communications. Property and Philanthropic Management: Oversee family properties (bill payments, insurance, record-keeping); hire and supervise staff for property maintenance and household services; support philanthropic initiatives and track charitable contributions for tax purposes; administer family foundations and charitable trusts. Legal and Regulatory Compliance: Ensure operations comply with applicable laws and regulations; coordinate with legal advisors to address legal issues. Coordination and Communication: Act as the central point of contact for all service providers; facilitate communication between family members and external advisors, keeping all parties informed and aligned. Seniority level

Executive Employment type

Full-time Job function

General Business, Finance, and Project Management Industries

Financial Services, Venture Capital and Private Equity Principals, and Investment Management

#J-18808-Ljbffr