What are the responsibilities and job description for the Family Office Account Manager - Business Management Family Office (51539) position at Citrin Cooperman?
Citrin Cooperman offers a dynamic work environment, fostering professional growth and collaboration. We’re continuously seeking talented individuals who bring fresh perspectives, a problem-solving mindset, and sharp technical expertise. We know you have choices, so our team of collaborative, innovative professionals are at the ready to support your professional development. At Citrin Cooperman, we offer competitive compensation and benefits and most importantly, the flexibility to manage your personal and professional life to focus on what matters most to you!
Responsibilities
We are looking for an Account Manager to join our Business Management & Family Office practice within our Advisory Department. As an Account Manager, you will be responsible for:
Responsibilities
We are looking for an Account Manager to join our Business Management & Family Office practice within our Advisory Department. As an Account Manager, you will be responsible for:
- Process accounts payable payments & ensure proper coding.
- Review accounts payable schedules maintained by Assistant Account Manager & ensure timely payments are made.
- Review commission schedules & ensure monies due are received timely.
- Assemble year-end tax packages.
- Respond to client inquiries & requests & function as the primary day-to-day point of contact; escalate client issues appropriately as needed.
- Submit medical claims to third party for compliant processing (ex. InAssist).
- Monitor insurance renewals & claims; partner with Insurance Coordinator on renewals.
- Understand concepts of client’s insurance plan relating to home, vehicles, overall liability, etc.; understand concepts of life, disability and long-term care insurance; become familiar with all benefits (medical and retirement) offered by Medicare, Social Security, DGA, SAG, WGA and any other applicable retirement plan.
- Notify Insurance Coordinator of new events/purchases.
- Assist with & record home purchases & refinances.
- Assist with business and personal contracts, royalty audits, new investment, generational planning and more.
- Manage and mentor Assistant Account Manager.
- Process payroll with outside payroll platform & provide data to Assistant Account Manager for posting.
- Identify, trace and correct errors.
- Manage fraud alerts, credit score alerts.
- Review bank balances & request transfers as needed.
- Review filings of annual 1099's prepared by Assistant Account Manager. Work with other members of the team for guidance as needed.
- Review guild reports prepared by Assistant Account Manager.
- Prepare monthly financials for further review.
- Reconciliation & analysis of all Accounts/Activity while ensuring segregation of duties (Banks, Credit Cards, Investment, etc.)
- Work with Partner/Managing Director/Director and the administration team on onboarding of new entities in STAR, Dynamics, and assist with the annual engagement letter preparation and receipt from client.
- Work with Partner/Managing Director/Director on scheduling, and monitoring budgets of client work.
- Bachelor's Degree in Accounting, Business Administration, Economics or a related field, or 3-5 years of experience in the business management industry.
- CPP certification a plus
- Prior knowledge of advance payroll, insurance and/or risk management
- Technical skills focused on quality
- Business acuity focused on the firm and our clients
- Leadership skills focused on talent
- Entrepreneurial and innovative mindset focused on advancing the firm and the profession
- Interpersonal Skills focused on the team