ASSOCIATE DIRECTOR, CFO SERVICES

About Cresset

Cresset is a firm built by clients, for clients. As an independent, award-winning multi-family office and private investment firm, we are reimagining the way wealth is experienced. Our purpose is to help ensure that both wealth and life are fully optimized—integrated, intentional, and aligned with each client’s vision of success.

We provide access to the caliber of talent, ideas, and investment opportunities typically available to the largest single-family offices and institutions. Our approach is personalized, entrepreneurial, and client-first.

Proudly owned by our clients and employees, Cresset was built to endure. We are creating a 100+ year firm—one focused on delivering an exceptional experience, not only for the families we serve but for the team that serves them. Recognized by Barron’s and Forbes among the nation’s top RIA firms, and as one of the industry’s best places to work,* Cresset is guided by long-term relationships, shared success, and a belief that wealth should serve a life well lived.

Job Description

Cresset is seeking an Associate 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
• 7+ 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<