Managing Director - Finance

Managing Director - Finance

We are seeking a Managing Director – Finance for a newly created Single-Family Office in Newport Beach, CA with a G1 founder. Family advisors and the newly established Family Office Board have determined now is the time to create a Single-Family Office, separate from their operating companies, to serve G1, G2, and future generations.

This role will co-lead the Family Office along with a second Managing Director - Operations, who is not yet in place, reporting directly to the G1 principal and founder and the Family Office Board. The family’s primary assets are operating companies that are independent of this office. The new office is currently being built out, this is an in-office role. The ideal candidate will be an experienced senior financial executive with strong leadership, communication, and project management skills along with technical finance, accounting, and tax proficiency. Ideally, this person lives within commuting distance of Newport Beach. Our client is prepared to offer a relocation package for the right person. 

Experience/Qualifications:

• A minimum of 7 years of experience in family office financial management or related role. 
• Undergraduate degree required. An MBA, CFA and/or CPA or related advanced degree is preferred. Big Four public accounting experience and experience working with active real estate investments a plus.
• Emotionally intelligent, highly skilled communicator, facilitator and leader with an executive skillset. 
• Solid experience with strategic planning, budget preparation, cash flow planning and understanding of Federal & State tax laws (income, estate, gift, not-for-profit and business taxes).
• Disciplined and process oriented, strong organizational skills, strong project management, and excellent problem-solving skills.
• Solution-oriented with a high sense of urgency; strong analytical skills and expertise in financial systems and reporting combined with the ability to interpret data to provide information, advice and counsel, facilitate strategic planning and decision making.
• Long-term intent.

Key Responsibilities:

• Co-Lead the Family Office with direct responsibility for the finance, accounting, and tax functions. 
• Provide vision, direction and leadership to the finance team and provide high quality, accurate and timely deliverables, analytical insight and perspective and build a culture based on accountability, integrity and excellence.
• Manage core finance and accounting, tax, bill payment, cost sharing, risk management, budgeting, reporting, financial forecasting/modeling, cash and liquidity management.
• Serve as a liaison with outside legal, tax and estate advisors, providing ongoing support for tax reporting and compliance, estate planning and trust administration.
• Provide strategic finance input and leadership on issues and initiatives impacting the various entities.
• Prepare annual and long-term financial plans to support the growth aspirations for the family’s assets and operating companies and ensure optimal allocation of capital; establish annual financial goals and monitor/analyze performance against these objectives utilizing industry metrics and competitive benchmarks. 

Compensation:

An all-encompassing compensation package including a base salary and performance-based incentives may range from $900k - $1.2 million annually.  A comprehensive benefits package will be included.