Accountant

Job Description

Job Description

The salary range for this position is $100,000-$110,000 plus bonus and it comes with benefits, including medical, vision, dental, life, and disability insurance. To apply to this hybrid role please send your resume to View email address on us.fitly.work

Join the wave of young finance professionals who are swapping their mundane 9-5s for fresh opportunities with Chicago’s top companies.

The focus of this position will be on the delivery of financial services to a set of individual clients through accounting, operational activities, and reporting.

Job Description:

• Manage the personal accounting for a variety of the company’s clients, both individuals and trusts. This includes preparing journal entries and finalizing personal financial statements on a monthly basis. This also includes completing a quarterly reporting package with detailed financial analyses, for example, budget vs. actual spending summaries.
• Within twelve months, recommend a new personal financial report, analysis, or graphic to be included with the quarterly reporting package for the individual or trust clients which you manage.
• Manage the annual financial reporting, administration of grants, and recording of documentation for a private foundation. This includes preparation of federal and state tax filings and calculation of the required minimum charitable distributions.
• Within six months, assume responsibility for the company’s cash management activities. This includes initiating weekly cash transfers on behalf of our business entities and individual clients, reviewing individual investor accounts for liquidity limitations, and coordinating monthly income distributions to individual clients.
• Gather and organize all annual tax information necessary for the preparation of income tax filings for our clients.
• Calculate quarterly estimated tax payments for individuals and trusts.
• Prepare annual extension estimates of taxable income from underlying investments.
• Participate in recurring calls with external service providers (public accounting firms).
• Manage the tax compliance calendar and track the ongoing progress of annual tax returns for all entities.
• Prepare tax returns to be reviewed and signed by the CFO (Individual x1, Trust x1, and a Private Foundation x1). Review tax returns prepared by external service providers (Corporations x2, Partnership x8, Individuals x4, and Trusts x27).
• Work closely with CFO and President in any tax planning/modeling on behalf of our clients (e.g., estate planning, charitable tax planning, etc.)
• Coordinate real estate tax payments, required annual state filings for LLCs, and draft responses to federal and state income tax notices, as needed.
• Within six months, manage the annual calculation of after-tax investment returns for each of our underlying partnership investments (excluding private equity).
• Complete a variety of ad hoc projects working directly with the company’s President, CFO, Client Service Manager, or other team members on an as needed basis. This might include projects related to Corporate and Partnership Accounting, Private Equity & Compliance, Payroll, Administration, Debt and Liquidity Planning, or other analyses requested by the company’s clients.

Job Requirements:

• CPA: Required
• Years of Experience: 2-3 years
• Type of Experience: Public Accounting - Tax
• Preferably family office clients, individuals, trusts, or investment partnerships.

To apply to this hybrid role please send your resume to View email address on us.fitly.work

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