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. Our commitment to clients has earned recognition by Barron’s and Forbes, listing us among the nation’s top RIA firms. Cresset is guided by long-term relationships, shared success, and a belief that wealth should serve a life well lived. Learn more at www.cressetcapital.com.

Job Description

Cresset is seeking a 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
• 12 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
• Coordination with internal wealth advisory personnel, and external advisory firms such as tax, legal, and wealth advisory with an emphasis on identification of issues and implementation of new initiatives
• Experience in investment accounting and general ledger software applications
• Ability to multi-task, thrive and adapt in a dynamic, time frame-driven environment
• Desire to learn, gain experience, and to assume additional responsibilities
• Extraordinary organizational and project management skills

What We Offer

At Cresset, we focus on people first. As a service business, our people are our assets. Engaging our clients and employees is our highest priority. As such, Cresset offers a competitive compensation package including an annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs. Aligning employee and organizational interests, all employees receive equity in Cresset. 

Equal Employment Opportunity

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed servicemember status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law. It is Cresset’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.

Salary : $150,000 - $175,000