Accounting Associate

Permanent Capital Partners; Chicago (IL); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Discretionary bonus

Comprehensive benefits

Paid time off

Job summary

Permanent Capital Partners seeks an Accounting Associate to support day-to-day accounting and financial operations for our multi-entity client families and trusts. You will reconcile accounts, prepare journal entries, and assist with month-end and year-end closes under senior guidance.

The role emphasizes accuracy, discretion, and improving process efficiency, with exposure to investment accounting and platforms like Addepar.

Qualifications

• Bachelor’s degree in Accounting or Finance; CPA preferred but not required.
• Solid understanding of accounting fundamentals, reconciliations, journal entries, and financial statements.
• Strong Excel skills and familiarity with accounting systems; QuickBooks experience is helpful.
• Excellent attention to detail, sound judgment, discretion, and ability to manage multiple priorities independently.
• Experience with multi-entity accounting, investment accounting, or Addepar is a plus.

Responsibilities

• Reconcile bank, brokerage, and credit card accounts across individuals, trusts, LLCs, and partnerships; investigate and resolve discrepancies.
• Maintain general ledgers, prepare journal entries and accruals, and support monthly and year-end closes and financial reporting.
• Track investment activity, including purchases and sales, cost basis, income, realized and unrealized gains and losses, capital calls, and distributions.
• Support accounts payable, bill payments, cash monitoring, and related recordkeeping for client households and entities.
• Prepare accurate supporting schedules and coordinate documentation with external accountants, tax advisors, and other service providers.
• Maintain organized, confidential records and help strengthen accounting processes, controls, and technology-enabled workflows.

Skills

Attention to detail

Multitasking

Communication

Education

Bachelor’s degree in Accounting or Finance

Tools

Excel

QuickBooks

Addepar

Job description

Who We Are

Permanent Capital serves a community of families and entrepreneurs through an integrated, multi-member platform spanning investment management, advisory services and financial operations. Our Investment Office helps members manage their financial affairs, pursue attractive investment outcomes, and build lasting legacies. We combine the resources and capabilities of an established platform with the personalized attention and entrepreneurial spirit of a growing firm.

The Opportunity

We are seeking an Accounting Associate to support the day-to-day accounting and financial operations of the members we serve. Working closely with senior professionals of our multi-member team, this is a hands‑on role with meaningful responsibility, exposure to a range of assets and entities, and opportunities to improve how we work.

Responsibilities

• Reconcile bank, brokerage, and credit card accounts across individuals, trusts, LLCs, and partnerships; investigate and resolve discrepancies.
• Maintain general ledgers, prepare journal entries and accruals, and support monthly and year‑end closes and financial reporting.
• Track investment activity, including purchases and sales, cost basis, income, realized and unrealized gains and losses, capital calls, and distributions.
• Support accounts payable, bill payments, cash monitoring, and related recordkeeping for client households and entities.
• Prepare accurate supporting schedules and coordinate documentation with external accountants, tax advisors, and other service providers.
• Maintain organized, confidential records and help strengthen accounting processes, controls, and technology‑enabled workflows.

Qualifications

• Bachelor’s degree in Accounting or Finance, with approximately 3–5 years of relevant experience. CPA designation preferred but not required.
• Solid understanding of accounting fundamentals, reconciliations, journal entries, and financial statements.
• Strong Excel skills and familiarity with accounting systems; QuickBooks experience is helpful.
• Excellent attention to detail, sound judgment, discretion, and the ability to manage multiple priorities independently.
• Experience with multi‑entity accounting, investment accounting, or platforms such as Addepar is a plus.

What We Value

We value people who take ownership, are intellectually curious, communicate well, embrace technology, and enjoy improving processes. Above all, this role calls for integrity and professionalism in handling sensitive client information.

Competitive compensation based on experience, eligibility for a discretionary bonus, comprehensive benefits, and paid time off.