Chief Financial Officer
Pennington Partners & Co.
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Benefits offered by this job
Job summary
Qualifications
- Minimum 8+ years of progressive finance leadership experience.
- Deep understanding of partnership accounting and fund structures.
- Exceptional organizational and interpersonal skills.
- Strong leadership, communication, and ability to influence executives and explain complex financial information clearly.
- Entrepreneurial, strategic mindset with attention to detail in a fast-paced, relationship-driven setting.
Responsibilities
- Lead financial management including accounting, FP&A, and treasury.
- Oversee budgeting, forecasting, and risk assessment.
- Build and mentor a high-performing finance team.
- Manage banking, investor, and vendor relationships and oversee cash flow optimization.
- Implement scalable financial systems and controls across the firm’s multi-entity structure.
- Oversee financial operations for Pennington’s private funds and LP reporting; ensure GAAP compliance.
- Coordinate audits with tax professionals and ensure fund‑level accounting accuracy.
Skills
Education
Tools
Job description
About the Firm
Founded in 2016, Pennington Partners is building a premier financial services holding company and solutions-oriented platform serving the world’s most successful entrepreneurs and their families.
Our culture is vibrant, smart, tireless, and iconoclastic. We are intellectually curious and challenge ourselves every day. We are an ensemble of exceptional professionals with multi-disciplinary backgrounds who value independent judgment, integrity, and fresh ideas. While the firm is gaining scale and institutional structure, we remain committed to our entrepreneurial culture, agility, and flexibility.
About the Role
Pennington Partners is an award-winning multi‑family office serving entrepreneurial families, high‑income earners, and multi‑generational families with integrated wealth and investment solutions. With ~$4B in assets across advisory, private funds, and affiliated entities, Pennington is seeking a Chief Financial Officer (CFO) to oversee firmwide financial management, fund operations, and strategic growth initiatives. This is a high‑impact leadership role at the intersection of wealth management, private funds, and alternative investments — ideal for a seasoned finance executive who thrives in a dynamic, multi‑entity environment and who can bridge institutional‑grade financial discipline with the entrepreneurial culture of a founder‑led firm.
- Lead all aspects of financial management, including accounting, FP&A, fund reporting, treasury, and internal controls.
- Develop and execute financial strategies aligned with short‑ and long‑term business objectives across Pennington and affiliated entities.
- Oversee budgeting, forecasting, modeling, and risk assessment; provide actionable insights and strategic recommendations to senior leadership.
- Manage banking, investor, and vendor relationships and oversee cash flow and working capital optimization.
- Implement financial systems and controls that enable scalability and transparency across the firm’s complex partnership and entity structure.
- Oversee all financial operations for Pennington’s private funds, including Pennington Private Access, Pennington Real Estate Partners, and SaaS Ventures.
- Manage capital calls, distributions, fund closings (including subscription documentation), LP reporting, and compliance in conjunction with external fund administrators.
- Supervise audits, coordinate with tax professionals, and ensure accurate fund‑level accounting and GAAP compliance.
- Produce and present accurate and timely financial reports to internal and external stakeholders, including LPs, boards, and investment committees.
- Review and verify waterfall calculations, carried interest tracking, and complex allocations across multiple entities and fund structures.
- Administer consolidated accounting across Pennington’s entities, ensuring correct intercompany allocations, partner statements, and expense tracking.
- Collaborate with compliance team to ensure accurate and timely SEC filings and regulatory submissions.
- Oversee payroll, benefits, insurance, and vendor management for the corporate platform.
- Identify and implement process improvements to streamline financial reporting, enhance accuracy, and support continued growth.
- Build, mentor, and lead a high‑performing finance and accounting team, fostering collaboration, accountability, and continuous improvement.
- Partner cross‑functionally with investment, advisory, and operations teams to ensure aligned decision‑making and information flow.
- Belief in, and willingness to champion the Core Values of the company.
- Education: Bachelor’s degree in Accounting, Finance, or related field required; CPA strongly preferred. MBA or advanced degree a plus.
- Experience: Minimum 8+ years of progressive finance leadership, ideally within a multi‑family office, RIA, private equity, venture capital, or fund administration environment.
- Technical Proficiency: Deep understanding of partnership accounting, fund structures, and investment reporting. Experience managing multi‑entity accounting systems (e.g., Sage Intacct). Strong command of GAAP and fund‑level compliance frameworks.
- Leadership & Communication: Exceptional organizational and interpersonal skills with a demonstrated ability to lead teams, influence executives, and communicate complex financial information clearly.
- Mindset: Entrepreneurial, strategic, detail‑oriented, and comfortable in a fast‑paced, relationship‑driven environment with a focus on precision and trust.
We offer competitive and comprehensive benefits to help you prioritize your wellness and your career development. Working with a company that leverages our Core Values: Developing One’s Greatest Potential, Thinking Big, Client Obsession, Tikkun Olam (Repair Our World).
- Salary: Competitive compensation (base salary + target bonus)
- Benefits: Robust benefits package with a choice of PPO Health Insurance Plans covering medical, dental, vision, disability, and group term life insurance. Optional HSA Plan, with a $650 employer contribution. 401K Plan with employer match, commuter parking benefit, cell phone reimbursement.
- Health & Wellness: $100/month stipend to use on the choice of fitness, meditation classes, meal kits, CSA, and more. Oura Ring welcome gift and one‑year subscription to the Oura Ring app, and Pennington welcome swag! Worldwide emergency travel assistance coverage.
- Paid Time Off: 20 days PTO, unlimited sick leave, bereavement leave, 11 federal holidays and 3 floating holidays. Paid maternity and paternity leave for biological and adoptive parents, plus the option to work from home after paid leave ends to extend time with your growing family, and a $4,000 childcare stipend to help you transition back to work.
It is the policy of Pennington Partners 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 Pennington Partners’ policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.
Executive
Full‑time
Accounting/Auditing and Finance
Venture Capital and Private Equity Principals and Financial Services
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