Job Description

Summary:

The Family Office Accountant plays a key role in the success of our organization by accounting for a portfolio of publicly traded and private investments held across a variety of trusts and partnerships, preparing month-end journal entries, performing general ledger and portfolio reconciliations and preparing reports and analyses as needed. The position includes summarizing monthly activity for senior executives and family members and proactively identifying issues as they arise. The Family Office Accountant will be involved with other projects as needed and will have the opportunity to take on additional responsibilities with experience. 

 

A successful candidate will have a degree in accounting or finance and solid technology skills, including experience with Microsoft Office, particularly Excel, and financial accounting software, ideally Sage Intacct. The individual will have a strong work ethic and client service mentality , be highly organized and attentive to detail , exhibit good communication skills and an analytical approach. All candidates should have unquestionable integrity, commitment to a high level of confidentiality , a desire to learn/grow and be interested in a long-term career opportunity.

 

Essential Duties:

Financial Recordkeeping & Accounting Operations

• Maintain accurate and timely financial records for multiple entities, including trusts, partnerships, and investment vehicles.
• Prepare monthly journal entries and record operating distribution entries for each entity.
• Perform general ledger reconciliations, portfolio reconciliations, and account analysis to ensure accuracy.
• Execute month-end and year-end closing processes in accordance with accounting standards.

 

Financial Reporting & Analysis

• Assist in preparing comprehensive financial statements, including balance sheets, income statements, and cash flow statements.
• Maintain detailed records of investments and support reporting on portfolio activity and performance.
• Support budgeting and forecasting efforts for assigned entities to assist in financial planning and decision-making.

 

Collaboration & Stakeholder Communication

• Collaborate with external fund administrators and service providers to ensure seamless financial operations.
• Work closely with other accountants to process accounts payable, capital calls, and distributions, ensuring timely and accurate payments and collections.
• Provide ongoing support to the Senior Accountant and other family office executives, assisting with ad hoc projects and reporting needs.

 

Additional Duties: Tasks or duties not outlined in this job description may be required to contribute to the organization's success and efficiency.

 

Qualifications:

Reasonable accommodation may be arranged to facilitate individuals with disabilities in fulfilling the essential duties of this role.

Education and/or Experience:

• Bachelor’s degree in accounting or finance is required.
• 2-5 years of accounting experience.
• Strong understanding of US GAAP accounting principles, financial reporting, and investment accounting.
• Proficient in accounting software and Microsoft Excel.
• Excellent attention to detail and the ability to manage multiple priorities.
• Strong analytical, problem-solving, and communication skills.

 

Preferred Experience:

• Experience working in a family office is highly preferred.
• Experience working with Sage Intacct platform is highly preferred.
• Experience working with high-net-worth individuals and complex multi-entity structures.
• Knowledge of tax regulations related to trusts, partnerships, and investment accounts.  

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The “Benefits” of Employment

• Employee referral payment program
• Educational Enhancement Program
• Medical, Dental, and Vision benefits
• Life/ AD&D Insurance
• Paid Parental Leave
• Long and short term disability
• Retirement Plan - 401(k) Plan
• Discount on an apartment at any one of our properties
• Brand new amenity space that includes a full gym/fitness center and golf simulator

Salary range: $70,000-$75,000/yr

If you are hired at Morgan Properties, your overall compensation package will also be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range .

Get To Know Us:

Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in Conshohocken, Pennsylvania. Jonathan and Jason Morgan represent the next-generation leaders growing the platform and overseeing the business operations.

Morgan Properties and its affiliates currently own and manage a multifamily portfolio comprised of more than 350 apartment communities and over 100,000 units located in 22 states. The Company is among the three largest multifamily owners in the nation and the largest in Pennsylvania, Maryland, and New York. With over 2,500 employees, Morgan Properties prides itself on its quick decision-making capabilities, strong capital relationships, and proven operational expertise.

Job Tags

Temporary work,

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