Advanced Accountant

The Family Office Management group at Bessemer Trust provides accounting and financial reporting services to ultra-high-net-worth individuals and families, and is currently seeking an Advanced Accountant with strong accounting experience for a position in their Woodbridge, New Jersey office.

 

The primary focus of this position will be to input, analyze, and summarize both current and historical financial data to support the preparation of various unaudited statements, including balance sheets, net worth statements, income and expense reports, budgets, cash flow statements, and estate plan summaries.   

 

Primary Responsibilities:

• Record each client’s personal and investment income and expenses, ensuring reconciliation to monthly bank or broker statements and annual 1099s.
• Record alternative investment transactions and reconcile to corresponding K-1s., as needed.
• Prepare adjusting and eliminating journal entries for monthly or quarterly consolidations, as needed.
• Respond promptly to client information requests, including ad hoc analyses, reporting needs, and issue resolution.
• Collaborate effectively with internal other departments (payroll, bill pay, consolidated investment reporting and tax) and clients’ external advisors.

Qualifications:

• Bachelor’s degree in accounting with 3+ years of experience in preparing and analyzing financial information
• CPA designation preferred
• Proficiency with QuickBooks accounting software, Microsoft Office preferred
• Strong communication skills with a client service orientation and professional demeanor
• Tax and/or financial reporting experience preferred
• Excellent organizational skills with the ability to manage multiple client assignments, prioritize effectively and meet deadlines in a fast-paced environment
• Proven ability to exercise tact, discretion, and sound judgment in handling sensitive and confidential information

 

The base salary range for this position is $85,000 - $115,000. Actual salaries will vary and will be based on various factors, such as skills, experience, and qualification for the role. It is not typical for offers to be made at or near the top of the range.

 

In addition, this position may be eligible for a discretionary incentive based on individual and company performance.

 

Eligible employees may participate in a 401 (k) program with a company profit sharing contribution, medical, dental, vision, life insurance and disability coverage and paid holidays, vacation, and sick days.

 

About Bessemer Trust:

• Bessemer Trust is a family office, overseeing more than $200 billion in assets for over 3,100 individuals and families of substantial wealth. Its more than 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.
• Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.
• Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

 Key Facts:

• For more than 118 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
• Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
• To watch a video about Bessemer Trust’s history, click here.
• To learn mor