Job Description
COMPANY OVERVIEW
Cercano Conexión LLC ("Conexión") is a platform that provides concierge services to ultra-high net worth clients and the entities associated with those clients, such as family offices and private foundations. Conexión is an affiliate of Cercano Management LLC ("Cercano"), an investment manager, both of which are based in Bellevue, WA, with offices in Wayzata, MN, Atlanta GA and Singapore.
Conexión recognizes that many families require services and support in respect of assets outside of their investment portfolios. Conexion approaches the stewardship of these resources with the same level of expertise, attention, and discipline that its affiliate, Cercano, brings to its client's financial investment portfolio. Conexión achieves its client's goals and objectives by leveraging its team's deep experience working directly at the client level to provide access to personalized solutions, curated specialists, and best practices for all aspects of life. Conexión is capable of providing outsourced finance staff augmentation support, extensive asset reporting, as well as facilitating family office services such as household administration, philanthropic programs, giving, taxes, legal, collectibles, travel, leisure, private transportation, real estate, healthcare, information technology, risk management, and security.
POSITION MISSION
This position is responsible for serving in a financial oversight role to clients of Conexión. As a consultant representing Conexion, the role will entail direct engagement and working onsite within family office settings. The role is expected to be client-centric with a white glove posture. It will cover a wide spectrum of responsibilities such as overseeing financial planning, cash management, financial reporting, accounting, tax compliance, and risk management for clients' family offices. The successful candidate will report to the CEO of Conexión and liaise directly with the clients' principals and family office team members, as well as Cercano executive management.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Leadership
- Work closely with the CEO of Conexión and the executive leadership of Cercano to establish a white-glove service model to manage the non-investment financial needs of its clients.
- Partner with and support the client's family office team members to establish and achieve short and long-term operational goals.
- Present issues, outcomes, and solutions to the client principals and the family office team members.
- Partner with family office team members to develop strategic plans that drive the long-term security and stability of clients' assets and ventures.
- Foster ongoing development of the client's family office team through shared vision, alignment on roles, and reporting on key impact metrics.
- Demonstrate honesty, discretion, responsibility, integrity, and fulfillment of commitments.
Financial Planning
- Ensure timely, consistent, and accurate preparation and analysis of client deliverables, including budgets, financial reports, and financial trends.
- Continuously improve clients' budgeting processes through the implementation of operational strategy.
- On a regular basis, assess the clients' cost structures to determine and achieve efficiencies.
Treasury and Cash Management
- Manage the treasury platform as well as banking and lender relationships for clients.
- Maintain clients' daily liquidity needs while maximizing yields on their liquid assets.
- Prepare and maintain cash forecasting models for the client.
- Oversee the client's cash movements and funding obligations.
Financial Reporting and Tax Compliance
- Provide general finance and accounting (non-investment) oversight for the client.
- Manage the preparation and compilation of the client's quarterly and annual financial reporting.
- Manage and oversee clients' annual tax compliance; coordinate filings with third-party service providers.
- Provide support for the preparation and filing of tax returns and facilitate the clients' quarterly tax payments.
- Act as liaison with external accountants, tax advisors, attorneys, and other consultants or contractors.
- Drive efficient income and estate tax planning by partnering with tax advisors and estate attorneys.
Risk Management
- Establish strong financial governance and develop detailed policies and procedures for clients.
- Review and ensure application of appropriate internal controls, compliance, and financial procedures, and employ systems that will improve the overall operation and effectiveness for clients.
- Optimize the clients' risk management strategies, including asset protection and insurance oversight.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Knowledge, experience, skill, and/or ability
Required
- Excellent interpersonal skills and outstanding written and oral communication skills
- Exceptional client service disposition
- Technical and comprehensive knowledge of all finance, financial planning, accounting, and tax areas of the business
- Demonstrate the ability to stabilize and maximize financial assets in a complex environment
- Experience setting personal and team benchmarks, regularly measuring success against goals, and being accountable for outcomes
- Track record of collegial, collaborative work style with a record of success in building consensus and support
- Familiarity with residential "Estate" real estate is a plus
- Able to represent Conexión and its clients with the highest degree of professionalism and integrity
- Reliable, dependable, and able to maintain confidentiality
- Solid analytical and creative problem-solving skills
- Strong attention to detail
- Self-motivated and proactive with the ability to work independently to meet tight deadlines and complete set tasks while managing multiple priorities
- Team player; flexible to learn other responsibilities and adapt to client needs
Computer skills
- MS Office (Word, Excel, Outlook, Power BI)
- Advanced Excel skills
- Experience with general ledgers (e.g., Sage Intact), a plus
- Familiarity with client reporting platforms (e.g., Addepar), a plus
Education/experience/certifications
- B.A. or B.S. in accounting, finance, or other relevant field from an accredited institution
- Minimum of 8-12 years of relevant financial industry and/or family office experience
- Public accounting and/or CPA is a plus
SALARY RANGE: $185,000 - $250,000
SALARY DETAILS:
Pay will be based on multiple factors, including, and not limited to location, relevant experience/level and skillset while balancing internal equity. Our discretionary bonus program is in addition to the base compensation range listed above. Cercano is committed to fair, unbiased compensation along with competitive benefits in all locations in which we operate.
TOTAL REWARDS:
Cercano offers a comprehensive benefits package including medical, dental and vision insurance, Health Savings Account with generous annual employer contribution, Flexible Spending Accounts for health and dependent care, vacation and sick time off, paid holidays, paid parental leave, and the opportunity to participate in a 401(k) plan with a generous employer match of 50% of your own contributions up to the standard annual IRS limit, company paid life insurance, and a Health and Wellness Benefit. Employees are also eligible for reimbursement for approved professional development activities.
Cercano is an equal opportunity employer. Every qualified applicant will be considered for employment. We do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, marital status, sex, disability, political ideology, or veteran status, or other protected class.
Job Tags
Temporary work, For contractors, Flexible hours,