Accountant - Family Office

PLEASE NOTE THIS IS A FAMILY OFFICE ACCOUNTS ROLE AND ONLY CANDIDATES WITH THIS SPECIFIC EXPERIENCE WILL BE CONSIDERED. IT IS NOT A REGULAR ACCOUNTANT POSITION.

ROLE SUMMARY To independently manage the complete books of accounts for the Family Office, ensuring accurate financial reporting, compliance with accounting standards, and effective management of financial transactions with a high degree of confidentiality and integrity.

Key Responsibilities

1. Maintain complete and accurate books of accounts for the Family Office, ensuring all financial records are up to date and compliant with accounting standards.
2. Manage day-to-day accounting transactions, including receipts, payments, bank entries, and journal postings with accuracy and timeliness.
3. Prepare monthly, quarterly, and annual financial reports, including Profit & Loss statements and expense summaries.
4. Perform regular bank reconciliations and ledger reviews to ensure data accuracy and identify discrepancies.
5. Ensure proper documentation and systematic record keeping of all financial transactions and supporting documents.
6. Monitor cash flow and provide financial insights and updates to the family/principal to support informed decision-making.
7. Coordinate with external auditors, tax consultants, and banking partners as required.
8. Ensure compliance with applicable accounting principles, financial regulations, and internal controls.
9. Maintain strict confidentiality of all financial information and records at all times.
10. Identify and implement improvements in accounting processes to enhance efficiency and accuracy.

Skills & Competencies

Functional Skills

• Strong knowledge of family accounting principles and financial reporting standards
• Expertise in preparing financial statements, including Profit & Loss
• Proficiency in ERP systems (SAP, Oracle, Tally, or similar)
• Strong understanding of reconciliations, ledger management, and financial controls
• Ability to manage end-to-end accounting independently

Behavioral Competencies

• High level of integrity and confidentiality
• Strong analytical and problem-solving skills
• Attention to detail and accuracy
• Ability to work independently with minimal supervision
• Organized, disciplined, and deadline-oriented
• Professional communication skills

Qualifications & Experience

• Education Bachelor’s degree in Accounting or Finance
• Experience Minimum 3 years of experience as a Family Accountant or handling personal/family books independently
• Additional 2 years of experience in a structured corporate environment
• Certifications Professional accounting certifications (ACCA / CA Inter) preferred