At a Glance
- Tasks: Manage finances for a high net worth family, overseeing personal and property accounts.
- Company: Exclusive family office in Berkshire, focused on operational finance.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Work independently while collaborating with a small, dedicated team.
- Why this job: Join a unique role that combines finance with personal management for a prestigious family.
- Qualifications: ACA/ACCA qualified with experience in private finance or high net worth environments.
The predicted salary is between 80000 - 100000 £ per year.
SRM are exclusively recruiting an operational Private Office Accountant on behalf of a high net worth family office based in Berkshire. We are seeking an experienced individual to take ownership of the financial administration and management of a high net worth family, their associated businesses and personal affairs. This is very much an operational finance role (not investment advisory) where you will oversee the financial affairs and property portfolio on behalf of the family.
The role is broad, hands on, execution focused with responsibility for personal finances and cashflow, property management, co-ordination with external advisors and delivery of core personal financial matters.
Key Responsibilities will include:- Personal management:
- Reconciliation of personal bank statements and credit cards
- Approval and payment of expenses
- Ensure all income and expenditure is accurately recorded on accounting software (Sage)
- Management and reporting of investments
- Management Accounts on personal expenditure and income
- Review and tracking of investment strategy to ensure it is appropriate for family’s needs and risk appetite
- Oversight of tax relief utilisation and general tax/estate planning
- Key personal contact for all advisors, including but not limited to: insurance renewals, investment advisors, solicitors, accountants, banking and trustees
- Preparation of tax returns and external filings
- Support in day to day activities and projects of all family members where required along with personal assistant/office administrator
- Property Management:
- Management of extensive residential property portfolio including day to day duties of approving references, preparing tenancy agreements, repairs and maintenance scheduling, collecting rent and deposit protection, certificate renewals and keeping on top of new legislation
- Other Duties:
- Operating and management of payroll
- Bookkeeping for accounts reporting and tax returns of personal accounts and tax filings, investment entities, trusts and partnerships
- Preparation of management accounts for investment entities
- Review and management of personal tax exposure to multiple jurisdictions ensuring the relevant filings are made, seeking specialist advice where necessary
- ACA / ACCA Qualified ideally with experience in a practice, private/family office or High Net Worth household finance environment
- Strong accounting and bookkeeping capability, ideally in a complex private client or owner managed context
- Experience coordinating across multiple advisors and jurisdictions with UK experience essential
- Commercial judgement with the ability to identify and mitigate financial, tax or structural risk early
- Ability to work independently and as part of a small household team
- Discrete and trustworthy to be professional across a broad spectrum of stakeholders
- Ability to be concise with family communication and prioritise own workload
- Must have a can do attitude with no job being too big or small
- Experience with Sage 50 accounts
Finance Director - Private Office in Reading employer: SRM Recruitment
Join a prestigious family office in Berkshire, where you will play a pivotal role in managing the financial affairs of a high net worth family. Our supportive work culture fosters professional growth and offers unique opportunities to engage with diverse financial matters, ensuring that your contributions are both meaningful and impactful. With a focus on operational excellence and a commitment to discretion, this position provides an exceptional environment for those seeking a rewarding career in private finance.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Director - Private Office in Reading
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who have experience with family offices. A personal introduction can make all the difference when you're trying to land that Finance Director role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of personal finance management and property oversight. Be ready to discuss how you've handled similar responsibilities in the past, as this will show you’re the right fit for the operational side of the role.
✨Tip Number 3
Don’t forget to showcase your soft skills! Being discrete and trustworthy is key in this role, so be sure to highlight your ability to communicate effectively with various stakeholders during your conversations.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to submit your application and get noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Finance Director - Private Office in Reading
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance Director role. Highlight your experience in personal finance management and property oversight, as these are key for us. Use specific examples that showcase your skills in accounting and bookkeeping.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Tell us why you're the perfect fit for this operational finance role. Mention your ACA/ACCA qualifications and any relevant experience with high net worth clients to grab our attention.
Showcase Your Communication Skills:Since you'll be liaising with various advisors, it's crucial to demonstrate your communication skills. In your application, mention instances where you've effectively coordinated with multiple stakeholders or managed complex financial matters.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at SRM Recruitment
✨Know Your Numbers
Make sure you’re well-versed in the financial details relevant to the role. Brush up on your accounting principles, especially around personal finance management and property portfolios. Being able to discuss specific examples from your past experience will show that you’re not just familiar with the theory but can apply it practically.
✨Familiarise Yourself with Sage
Since the job mentions Sage as a key tool, it’s crucial to have a good understanding of it. If you haven’t used it before, consider watching some tutorials or reading up on its features. Being able to demonstrate your knowledge of Sage during the interview will set you apart from other candidates.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like managing cash flow or coordinating with multiple advisors. Think of examples from your previous roles where you successfully navigated similar challenges. This will showcase your problem-solving skills and operational focus.
✨Showcase Your Discretion and Trustworthiness
Given the nature of working with high net worth individuals, it’s essential to convey your ability to handle sensitive information discreetly. Prepare anecdotes that highlight your professionalism and trustworthiness, as these traits are vital in this role.
