Staff Accounant

Family Office Exchange - Chicago, IL

Description

Company Description
Family Office Exchange (FOX) is a global leader in the ultra high-net-worth advisory marketplace, running a dynamic firm that brings together families of significant wealth and leading advisors across the private wealth industry. FOX is a membership-based professional services firm that provides research, education, and consulting to 500-plus members in 22 countries. Founded in 1989, FOX is a well-established firm with offices located in downtown Chicago and London.

Job Description
The Staff Accountant manages day-to-day accounting functions, including accounts receivable, accounts payable, controls, and general ledger entry and holds primary responsibility for maintaining the accuracy and consistency of financial statements, journals, and ledgers. The accountant is also responsible for analyzing cost and revenue activity and developing management procedures and reports that accurately disclose the company's financial performance. This positions reports directly to the Chief Financial Officer.


Specific Responsibilities
Perform and manage all daily accounting activity, including invoice generation, bill and expense processing and payment, receipt processing, recording business transactions, balancing ledgers/accounts

Track cash flow and reconcile with bank activity; maintain weekly cash flow forecast

Review all invoices, statements, expense reports and check requests; submit checks for final review/signing along with backup documentation

Track open accounts receivable and follow up to ensure collection of payment from overdue accounts

Ensure transaction data is appropriate for the preparation of federal, state, and local filing requirements and tax returns

Prepare and distribute financial reports as necessary

Assist CFO during the annual budgeting process and mid-year budget review process

Liaise with external accounting firms and individuals as needed for periodic compilations and tax return preparation

Recommend and implement controls to ensure adherence to company policies and generally accepted accounting principles and to improve the organization's accounting operation

Ensure all reimbursable expenses are booked and properly invoiced

Manage credit card accounts to ensure all transactions are valid and categorized appropriately

Maintain proper electronic filing systems to ensure all source documents are easily accessible

Maintain petty cash




Ideal Professional Experience
Three to four years experience in a related role

Established knowledge of accounting principles and procedures

Bachelor’s degree in accounting, finance or related field


Personal Characteristics
Ability to maintain a well organized system for financial records, reports, invoices, spreadsheets and other documents

Ability to prioritize responsibilities and manage time in a fast-paced business environment

Ability to establish credibility in the organization and work effectively with all levels of employees and management

Ability to maintain confidentiality


FOX offers a competitive benefits package, including medical, dental, vision, disability, and life insurance; a 401(k) plan; and a generous paid-time-off program. Salary for this position is commensurate with experience.