Controller

• Location: Dallas, Texas
• Type: Dallas:Fin/Acct/HR:Direct Hire
• Job #10167

Controller 10167- In-Office/Uptown area
Overview:
Family office services in support of multiple generations of a high-net-worth family. These services include wealth management, trust administration, financial planning, investment advisory, accounting and finance, risk management and various other administrative support. The family office is seeking a Controller to help establish and maintain the financial foundation of the family. This role combines financial management, trust accounting, tax planning, and systems integration.

Job Summary:
The Controller will oversee all financial operations within the family office, including comprehensive financial reporting and compliance. This position involves managing cash flow, preparing forecasts, and addressing the financial needs of the family. The Controller will collaborate closely with the President, Senior Financial Analyst, and external advisors. The Controller will uphold financial integrity, facilitate personal financial planning for family members, and play a crucial role in shaping the family’s financial strategy and legacy.
Key Duties and Responsibilities:

• Monitor daily cash management operations, cash flow reporting, and projections, preparing forecasts to support proactive financial planning and decision-making.
• Coordinate with outsourced accounting to review and analyze general ledger accounting, bank reconciliations, and accurate bookkeeping, ensuring compliance and accessibility of financial records through meticulous review processes.
• Compile and review consolidated financial reports, forecasts, and budgets to provide strategic insights to the family and governing boards.
• Manage loan portfolios, ensuring compliance with all lending agreements and regulatory requirements, implementing risk mitigation strategies to safeguard the family’s financial interests.
• Conduct regular balance sheet account analyses and reconciliations, including fixed asset purchases and depreciation schedules to ensure accurate financial reporting and asset management.
• Collaborate with the Senior Financial Analyst and outsourced accounting provider on fund and portfolio accounting activities, including bookkeeping reconciliations, and fund analyses.
• Maintain accurate partnership accounting records, including partnership allocations and reporting, ensuring timely and accurate reporting to partners and stakeholders.
• Manage trust accounting, including the aggregation of principal and income, to ensure accurate reporting and adherence to fiduciary responsibilities.
• Manage administration of payroll and employee benefits programs, including overseeing enrollment and communication with employees regarding their benefits options.
• Lead the development and implementation of HR policies and procedures to ensure compliance with applicable laws and regulations, regularly reviewing and updating policies as needed.
• Manage the accounts payable process, including vendor management, invoice approval, and issuing 1099s in compliance with IRS regulations.
• Oversee money movement across family office entities, including initiating transfers, check payments, ACH/wire payments, and deposits.
• Collaborate with the Executive Assistant on household matters such as bill payments and significant purchases for family members.
• Coordinate with external tax preparers on gathering and securely transmitting data for filling of federal tax returns for individuals, family office entities, and trusts.
• Support the President on personal financial planning, budgeting and risk management for family members.
• Support family philanthropic initiatives, including selecting and vetting recipients and ensuring compliance with tax and financial reporting.

Requirements and Qualifications:

• Bachelor’s degree in accounting, finance, or a related field; CPA strongly preferred.
• 10 plus years of experience in accounting or financial management within a family office or similar environment.
• Strong knowledge of cash management, financial reporting, and accounting principles.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• Excellent analytical, organizational, and communication skills.
• Ability to manage multiple priorities and work collaboratively in a team-oriented environment.
• High level of integrity and confidentiality in handling sensitive financial information.