ASSOCIATE, FINANCIAL REPORTING

Cresset; Chicago (IL); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401(k) retirement plan

Health Savings Account

Disability insurance (short & longTerm

Pre-tax parking & transportation

Equity in Cresset

Job summary

Cresset is a client-first, independent multi-family office dedicated to optimizing wealth and life for ultra-high-net-worth individuals. The Associate, Financial Reporting, will handle bookkeeping, general ledgers, and production of client-ready reports under the Head of Financial Reporting.

This role requires detail orientation and strong accounting fundamentals. Based in our Chicago office, you will prepare statements, reconcilations, and cash reporting, supporting residential holdings and

Qualifications

• Bachelor's degree in accounting or finance and relevant certification preferred.
• Strong command of accounting principles with attention to detail.
• Experience preparing client-ready financial reports and schedules.

Responsibilities

• Bookkeep for family entities, including related entities.
• Maintain client ledgers with journal entries and reconciliations.
• Prepare monthly, quarterly, and annual financial statements.
• Perform bank reconciliations and cash reporting
• Research discrepancies and implement corrective entries.
• Generate client reports using QuickBooks for deliverables.
• Support residential holdings accounting and related transactions.

Skills

Bookkeeping

General ledger accounting

QuickBooks

Financial reporting

Journal entries

Bank reconciliations

Cash reporting

Education

Bachelor's degree in Accounting

Tools

QuickBooks

Job description

About CressetCresset 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. Recognized by Barron’s and Forbes among the nation’s top RIA firms, and as one of the industry’s best places to work,* Cresset is guided by long-term relationships, shared success, and a belief that wealth should serve a life well lived.Key ResponsibilitiesThe Associate, Financial Reporting is responsible for bookkeeping, general ledger accounting, and producing financial reports for ultra-high net worth individuals. This role requires a strong command of accounting principles, attention to detail, and the ability to translate financial data into clear, client-ready deliverables.This position will report directly to the Managing Director, Head of Financial Reporting.Bookkeeping & General Ledger AccountingPerform bookkeeping for family entities, which may include individuals or other related entities within QuickBooksMaintain client general ledgers, including journal entries, balance sheet reconciliations, and cost allocations across multiple entitiesResearch and resolve accounting discrepancies and recommend corrective entriesFinancial ReportingGenerate client reports using QuickBooks for monthly, quarterly, and annual client deliverablesPrepare and review financial statements, including balance sheets, income statements, and supporting schedulesReconciliations & Cash ReportingPerform bank and account reconciliations to ensure accuracy and completeness of the financial recordsSupport cash management reporting, including sources and uses of cash for family members and related entitiesSupport financial operations related to residential holdings and acquisitions, including recording of related transactionsWhat 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. Salary will be based on factors including, but not limited to, experience, licenses/certifications, industry knowledge, and geographic location. 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 OpportunityIt 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.Everything Starts With Culture.Our VisionWe exist to optimize wealth and elevate life—giving clients the time, clarity, and trusted partnership to pursue what matters most.Our ValuesDisclosures related to awards, recognitions, and rankings available here.Cresset refers to Cresset Capital Management, and all its respective subsidiaries and affiliates. Cresset Asset Management, LLC, also conducts advisory business under the names of Cresset Sports & Entertainment, CH Investment Partners, and Cresset Capital. Cresset provides investment advisory, family office, and other services to individuals, families, and institutional clients. Cresset also provides investment advisory services to investment vehicles investing in private equity, real estate, and other investment opportunities. Cresset Asset Management, LLC is an SEC registered investment advisor. SEC registration does not imply any specific level of skill or training.