Family Office Tax Accounting Specialist

Rookwood Properties Incorporated; Cincinnati (OH); On-site; USD 70,000 - 110,000; Full time

Job summary

Rookwood Properties Incorporated in Cincinnati is seeking a support role at the corporate level to research and resolve issues or discrepancies with Family Office accounting and taxes.

You will handle general accounting tasks, tax planning support, and administrative duties, collaborating across accounting, legal, tax, finance, and operations to maintain accurate records and timely reporting for family principals.

Qualifications

• Strong technology skills and proficiency with all aspects of the Microsoft Office suite.
• Strong tax accounting experience.
• Working knowledge of property management operations
• Knowledge of Rent Manager or MRI software
• Proven commitment to high-quality customer service
• Strong verbal and written communication skills
• Proven ability to handle proprietary information with discretion.
• Experience with process improvements and proficiency with spreadsheets.

Responsibilities

• Develop an understanding of the family-related structure and apply it to accounting transactions.
• Establish oneself as an office resource for family-office questions.
• Set up accounting infrastructure, using GL software, to initiate new entities.
• Record various accounting transactions and prepare journal entries, payables, and banking modules timely and accurately.
• Monitor and reconcile bank and investment accounts.
• Create, prepare, and distribute monthly reporting packages in a timely manner to meet family expectations and deadlines.
• Assist and create supporting schedules, such as tax planning, distributions, cash flow analysis, and asset valuations, as determined by the Tax Director
• Assist in tax return preparation, extensions, and/or tax-related supporting schedules, as determined by the Tax Director.
• Performs a detailed level review of fixed asset schedules (tax reports) and generates reports.
• Assists with the coordination of the investor portal and K1 uploads.
• Resolve tax filing notices.
• Facilitate family office information as necessary between accounting, legal, tax, finance, and operations.
• Provide administrative and other support to the family principals, Tax Director, In-House Counsel, and Controller.
• Prepare materials and participate in the family-office board meetings.
• Manage ad-hoc projects.

Skills

Strong tax accounting experience

Strong verbal and written skills

Discretion with proprietary info

MS Office proficiency

Process improvement

Tools

Rent Manager

MRI software

Microsoft Office

Job description

Job Overview

A support role at the corporate level to research and resolve issues or discrepancies with Family Office accounting and taxes.

Responsibilities and Duties

General Accounting

• Ability to develop an understanding of the family-related structure and apply it to accounting transactions.
• Establishes oneself as an office resource for certain family-office questions.
• Set up accounting infrastructure, using GL software, to initiate new entities.
• Record various accounting transactions and prepare journal entries, payables, and banking modules timely and accurately.
• Monitor and reconcile bank and investment accounts.
• Create, prepare, and distribute monthly reporting packages in a timely manner to meet family expectations and deadlines.

Tax Compliance and Planning Support

• Assist and create supporting schedules, such as tax planning, distributions, cash flow analysis, and asset valuations, as determined by the Tax Director
• Assist in tax return preparation, extensions, and/or tax-related supporting schedules, as determined by the Tax Director.
• Performs a detailed level review of fixed asset schedules (tax reports) and generates reports.
• Assists with the coordination of the investor portal and K1 uploads.
• Resolve tax filing notices.

Administrative Support

• Facilitate family office information as necessary between accounting, legal, tax, finance, and operations.
• Provide administrative and other support to the family principals, Tax Director, In-House Counsel, and Controller.
• Prepare materials and participate in the family-office board meetings.
• Manage ad-hoc projects.

Qualifications

• Strong technology skills and proficiency with all aspects of the Microsoft Office suite.
• Strong tax accounting experience.
• Working knowledge of property management operations
• Knowledge of Rent Manager or MRI software
• Proven commitment to high-quality customer service
• Strong verbal and written communication skills
• Proven ability to handle proprietary information with discretion.
• Experience with process improvements and proficiency with spreadsheets.