Associate, Staff Accountant

Cresset; Palo Alto (CA); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) retirement plan

Health Savings Account

Short & Long-term Disability

Commuter Parking/Transit Benefits

Job summary

Cresset is seeking an Associate, Staff Accountant. This hands-on role focuses on bill payments, ledger entries, and basic financial reporting for high-net-worth clients. You will work directly with Family Office clients and advisors to ensure accurate, timely financial operations.

Responsibilities include entity bookkeeping, cash management, reconciliations, and producing Excel-based analyses. Strong communication and independent work style are essential in a fast-paced environment.

Qualifications

• Education and/or 3+ years of accounting, bookkeeping, and bill pay activities.
• Experience with General Ledger systems (e.g. QuickBooks).
• Strong written, oral, and interpersonal communication skills.
• Excellent time management with multi-tasking in a deadline-driven environment.
• Proactive problem solving in an entrepreneurial setting.
• Proficiency in Microsoft Office, especially Excel.

Responsibilities

• Family entity bookkeeping for individuals, revocable trusts, and related entities.
• Timely, accurate bill pay for high-net-worth clientele using Bill.com and QuickBooks Online.
• Cash management to ensure sufficient funds for payments.
• General ledger maintenance, balance sheet reconciliations, and cost allocations.
• Maintain sources and uses of cash reporting for family members.
• Support financing and financial operations for residential holdings and acquisitions.
• Interface with clients and advisors to ensure excellent communication.
• Prepare Excel analyses of client data and investment history spreadsheets.
• Generate client cash-basis reports monthly/quarterly/annual.
• Perform monthly account and bank reconciliations.

Skills

Communication

Time management

Independent & team player

Problem solving

Education

Bachelor's degree in accounting or related field

Tools

QuickBooks

Bill.com

Excel

Job description

Cresset 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 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.

Job Description

Cresset is seeking an Associate, Staff Accountant. This position is hands-on, requiring experience in bill payment, including classification and recording of bank account and credit card details, and experience in bookkeeping including recording all transactions for a given entity, and production of basic financial reports.Understanding of operational accounting, cash management, and payroll functions are important to success. This role will have direct interaction with Family Office clients serving the needs of high-net worth individuals, families, and business owners in a fiduciary capacity.

Key Responsibilities

• Family entity bookkeeping, which may include individuals, revocable trusts, or other related entities
• Timely, accurate, and reliable bill pay for high-net-worth clientele using Bill.com and Quickbooks Online
• Cash management services including ensuring sufficient funds to make required payments
• General ledger maintenance, balance sheet reconciliations, and cost allocations
• Maintain sources and uses of cash reporting for family members
• Support financing and financial operations related to residential holdings and acquisitions
• Interface with clients, and client advisors (investment, tax, other), and others on our team to ensure excellent communication takes place
• Prepare Excel worksheets containing analysis of client financial data such as broker analysis and construction or investment history spreadsheets.
• Generate client reports on cash basis using Quickbooks accounting software for monthly/quarterly/annual client deliverables.
• Perform monthly account and bank reconciliations to ensure accuracy of records.

Qualifications

• Education and/or 3+ years of experience in accounting, or bookkeeping and bill pay activities, with direct experience working within General Ledger systems (e.g. QuickBooks)
• Strong written, oral, and interpersonal communication skills
• Excellent time management skills including multi-tasking and prioritizing of responsibilities across multiple points of contact in a deadline-driven environment
• Exceptional problem-solving capabilities in an entrepreneurial environment
• Solid skills and experience using Microsoft Office products, including and most importantly, Excel.
• Ability to work independently and collaborate as a team

What 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.

It 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 Vision

We exist to optimize wealth and elevate life—giving clients the time, clarity, and trusted partnership to pursue what matters most.

*Disclosures 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.