Senior Associate, Private Client Services; Family Office

Description

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team

We’re currently growing Our Private Client Services (PCS) practice in West Palm Beach, FL and Miami, FL, which focuses on family office services and tax compliance and tax advisory services. The PCS team works with high-net-worth individuals and families and their private companies, serving as their advisor, advocate, teammate and partner. We are dedicated to helping our clients achieve their long-term goals by delivering highly personalized solutions that suit their unique needs.

Due to our tremendous growth, we're seeking an Associate to join our team.

How you will contribute

As a Senior Associate within Private Client Services you will:

• Provide multiple clients with a variety of accounting, support and administrative services including but not limited to the following:
  • Responsible for the full accounting processes, i.e. timely posting of all financial transactions to G/L, maintain the general ledger, generate & post all journal entries, coordinate monthly close, and prepare financial reports
  • Manage the accounting functions for specific families that include; accounts payables, ensuring accurate, authorized invoices and payments are processed in a timely manner
  • Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and documenting business transactions
  • Manage and reconcile bank accounts
  • Reconcile various expenses and intercompany accounts
  • Prepare monthly/quarterly financial packages for clients with related work papers
  • Assist in preparation of annual tax package and supporting documents
  • Handle special projects and other administrative tasks as assigned
• Establish, modify, document, and coordinate implementation of accounting and accounting control procedures
• Develop trusted relationships with and collaborate with clients to compile project information and resolve issues;
• Assist the PCS tax group with providing tax and consulting services to high net worth individuals in the areas of individual income tax, wealth transfer and succession planning,and international tax
• Attend client calls to understand critical areas of importance and apply tax technical knowledge to specific client situations
• Create deliverables that are concise, complete and address the elements deemed critical by the client
• Mentor Associates when they are supporting the same projects by delegating appropriate tasks, ensuring they complete tasks efficiently and sharing best practices
• Build client relationships and demonstrate a working knowledge of client businesses; with opportunity to assume additional responsibility quickly
• Identify opportunities to provide additional services to existing clients by using working knowledge of client businesses
• Build internal relationships with other members of the Federal Tax team and the greater A&M firm
• Value diversity of perspectives and creates opportunities for individuals to feel comfortable contributing
• Assist with business development, including add-on work by creating business development resources and proposal materials

Qualifications

• Bachelor’s degree in Accounting;
  Masters in Accounting a plus
• 2-4 years of relevant experience, Private Client Service/Family Office/High Net Worth accounting experience strongly preferred
• CPA (or in the process of pursuing)
• High level of integrity and respect for the confidential nature of the information our Private Client Services Group is privy to
• Excellent verbal and written communication skills including the ability to articulate complex information clearly and concisely
• Excellent research, writing, and analytical skills
• E…