Accounting Operations Associate

Trove FS, LLC; Stamford (CT); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Discretionary bonus

Retirement match

Medical & dental

Educational courses

Company events

Community service

Job summary

Trove FS, LLC is seeking an Accounting Operations Associate to join our Family Office team. This role handles daily accounting and operations for a portfolio of high-net-worth families and engagements, ensuring timely entry of investment documents and adherence to SOPs.

Key responsibilities include onboarding new investments, assisting with audits and due diligence, and coordinating end-to-end LOA processes with clients, fund managers, and internal teams.

Qualifications

• Minimum of an associate degree in accounting or related area.
• Bachelor's degree in accounting or related area preferred.

Responsibilities

• Review, classify, and validate investment documents within Canoe.
• Follow standard operating procedures (SOP).
• Own investment activity: review and ensure all documents are entered for processing.

Skills

Strong organizational skills

Strong communication skills

Process improvement

Asset classes knowledge

Education

Associate degree in accounting

Bachelor's degree in accounting preferred

Tools

Sage Intacct

Canoe

Bill

Microsoft Office

Job description

Trove is an administrative financial services company that understands the complex needs of high-net-worth individuals, families and/or their organizations. Trove delivers an array of bespoke, day-to-day, financial solutions to the families and engagements it serves. We have 5 office locations; Boston, MA, New York City, NY, Philadelphia, PA, Salt Lake City, UT, & Stamford, CT. Through continued growth we have become the leading independent multi-family office in North America! At Trove we are dedicated to building centers of excellence with a trusted, innovative, and expert team to support our families and engagements. We look for talented people who are motivated, curious, collaborative, and have a passion for delivering the highest quality services with a culture of teamwork. Interested? Read more about the day-to-day responsibilities of our Accounting Associate below!

Job Description

Trove is seeking an Accounting Operations Associate to join our Family Office team! This individual will be a key team member responsible for the daily accounting and operations for a portfolio of assigned families and/or engagements.

Responsibilities include, but are not limited to:

• Review, classify, and validate alternative investment documents within Canoe
• Follow standard operating procedures (SOP)
• Ownership of investment activity: review and ensure all documents are entered within the system for processing
• Manage onboarding new investments and maintaining investment records
• Assist with audit requests, due diligence inquiries, and operational reporting
• Coordinate end-to-end LOA execution processes with clients, fund managers, administrators, and internal teams
• Manage routine communications regarding document delivery, authorization requests, and account updates.
• Coordinate issue resolution with external parties and internal stakeholders.
• Maintain professional relationships while ensuring timely responses and follow-through
• Assist with ad hoc projects and family requests, as needed

Qualifications

• Minimum of an associate degree in accounting or related area
• Bachelor's degree in accounting or related area preferred
• 1-3 years prior accounting or related experiences, client service-oriented experience preferred
• Proficient in financial technology software (Sage Intacct, Canoe, Bill) and Microsoft Office tools.

Skills & Experiences for Success

• Strong organizational skills, candidate can prioritize work and meet internal and external deadlines
• Strong knowledge of debits, credits and general ledger / chart of accounts with the ability to adhere to previous categories and engagement specific processes
• Basic understanding of asset classes for brokerage accounts, alternative investments (private equity, hedge funds, etc.)
• Basic understanding of capital statements, capital calls and distributions, NAV / profit allocations and partnership allocations
• Familiar with basic estate documents: wills, POA's, trusts, living will, etc.
• Experience working in and/or knowledge of family offices and high net worth individuals a plus
• Strong verbal and communication skills
• Ability to recognize areas for process improvement and provide feedback to team for continued development of best practices
• Willingness to participate in company events, understands the importance of firm culture
• Eagerness to learn and attend training sessions to expand knowledge base

Trove offers an outstanding compensation package where you will be rewarded for your experience and recognized for the value you bring to our team of professionals. Our packages also include discretionary bonus targets, generous retirement plan company matching, medical and dental benefit options and more! We offer specialized educational courses and seminars, company events, and community service events.

Equal Opportunity Employer

Trove is an equal opportunity employer. Qualified applicants are considered for employment without regard to age, race, color, sex, marital status, religion, creed, ancestry, national or ethnic origin, physical or mental disabilities (as defined in the Americans with Disabilities Act), sexual orientation, or gender identity.