Trove - CT
Overview
Trove is an administrative financial services company that serves high-net-worth individuals, families and their engagements with bespoke day-to-day financial solutions. We have 5 office locations: Boston, MA; New York City, NY; Bryn Mawr, PA; Salt Lake City, UT; and Stamford, CT. We are a leading independent multi-family office in North America and value a culture of teamwork, curiosity, and delivering high-quality services. We are seeking an Accounting Associate to join our Family Office in Salt Lake City (SLC) who will be a key team member responsible for daily accounting and operations for a portfolio of assigned families and/or engagements. Interested candidates who have the required skillset and experience, including general accounting knowledge, strong communication, attention to detail, proactivity in problem-solving, and ability to follow through on work, are encouraged 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 invoice preparation, issue resolution, and timely deposits Treasury management: process and reconcile activity for banking, credit cards, custody / brokerage accounts, alternative payment methods, and retirement accounts Prepare funding requests Ownership of asset tracking: real property, collectibles, other assets; prepare journal entries as needed 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: follow tax deadlines to process payments (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) 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 prior accounting or related experience; client service-oriented experience preferred Proficient in general ledger software, bill pay software, Microsoft Office, & CRM systems Skills & Experiences For Success
Strong organizational skills; ability to prioritize work and meet internal and external deadlines Strong knowledge of debits, credits and general ledger / chart of accounts with adherence to engagement-specific processes Basic understanding of asset classes for brokerage accounts, alternative investments (private equity, hedge funds, etc.) Basic understanding of capital statements, capital calls and distributions, NAV / profit allocations and partnership allocations Familiar with basic estate documents: wills, POA's, trusts, living will, etc. Experience working in and/or knowledge of family offices and high net worth individuals a plus Strong verbal and written communication skills Ability to recognize areas for process improvement and provide feedback for best practices Willingness to participate in company events and contribute to firm culture Eagerness to learn and attend training sessions Compensation & Benefits
We offer an outstanding compensation package with discretionary bonus targets, generous retirement plan company matching, medical and dental benefit options and more. We also provide specialized educational courses and seminars, company events, and community service events. 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 (as defined in the Americans with Disabilities Act), sexual orientation, or gender identity. Seniority level
Associate Employment type
Full-time Job function
Strategy/Planning and Information Technology
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Trove is an administrative financial services company that serves high-net-worth individuals, families and their engagements with bespoke day-to-day financial solutions. We have 5 office locations: Boston, MA; New York City, NY; Bryn Mawr, PA; Salt Lake City, UT; and Stamford, CT. We are a leading independent multi-family office in North America and value a culture of teamwork, curiosity, and delivering high-quality services. We are seeking an Accounting Associate to join our Family Office in Salt Lake City (SLC) who will be a key team member responsible for daily accounting and operations for a portfolio of assigned families and/or engagements. Interested candidates who have the required skillset and experience, including general accounting knowledge, strong communication, attention to detail, proactivity in problem-solving, and ability to follow through on work, are encouraged 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 invoice preparation, issue resolution, and timely deposits Treasury management: process and reconcile activity for banking, credit cards, custody / brokerage accounts, alternative payment methods, and retirement accounts Prepare funding requests Ownership of asset tracking: real property, collectibles, other assets; prepare journal entries as needed 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: follow tax deadlines to process payments (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) 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 prior accounting or related experience; client service-oriented experience preferred Proficient in general ledger software, bill pay software, Microsoft Office, & CRM systems Skills & Experiences For Success
Strong organizational skills; ability to prioritize work and meet internal and external deadlines Strong knowledge of debits, credits and general ledger / chart of accounts with adherence to engagement-specific processes Basic understanding of asset classes for brokerage accounts, alternative investments (private equity, hedge funds, etc.) Basic understanding of capital statements, capital calls and distributions, NAV / profit allocations and partnership allocations Familiar with basic estate documents: wills, POA's, trusts, living will, etc. Experience working in and/or knowledge of family offices and high net worth individuals a plus Strong verbal and written communication skills Ability to recognize areas for process improvement and provide feedback for best practices Willingness to participate in company events and contribute to firm culture Eagerness to learn and attend training sessions Compensation & Benefits
We offer an outstanding compensation package with discretionary bonus targets, generous retirement plan company matching, medical and dental benefit options and more. We also provide specialized educational courses and seminars, company events, and community service events. 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 (as defined in the Americans with Disabilities Act), sexual orientation, or gender identity. Seniority level
Associate Employment type
Full-time Job function
Strategy/Planning and Information Technology
#J-18808-Ljbffr