Director, Business Management
11 days ago
Los Angeles
Job Description A prestigious business management firm seeks a Director, Business Management to join their dynamic team. Firm is searching for an experienced Director in the industry to lead a dedicated Business Management service team that handles a group of several large clients. The Director role requires deep technical accounting acumen. This person will communicate with, and provide sound financial advice to, high-level clients, communicate with Partners, as well as manage a team of accounting professionals. This position is part of the management team, and will participate in key decisions for their clients. Responsibilities: • Lead and manage one or more business management client service teams., • Manage workflow, ensure deadlines are being met, and internal processes and procedures are being followed., • Review financial statements, tax returns, cash flow reports, other financial reporting and client meeting packages., • Prepare financial statement summaries as required for Partners., • Assist Partners with special projects including, but not limited to real estate transactions, cash flow analysis, investment analysis, custom financial reporting, estate planning, insurance, and forecasting., • Regular communication with Partners regarding client financial matters., • Regular communication with clients to answer questions, fulfill requests, and provide financial advice when needed., • Attend client financial meetings., • Participate in management meetings and provide input on recruiting, client distribution, staff performance, and internal processes., • Coordinate with the tax department on client tax matters., • Other related duties as assigned. REPORTING & COMMUNICATION • Oversee and review weekly, monthly, quarterly and annual financial reporting., • Ensure financial data is accurate and current at all times., • Review all client reports prior to being sent., • Provide analysis and insight, and summarize large amounts of information into digestible reports that can be provided to clients., • Communicate regularly with clients regarding their financial position, projections, and cash management., • Communicate regularly with client's staff as applicable., • Communicate regularly with Partners regarding client's financial position. PLANNING • Assist in preparing client's short and long term financial projections., • Monitor and direct the implementation of strategic business plans., • Manage cash flow between client entities, investment accounts, and bank accounts and plan for future cash needs., • Provide input to the tax department to create annual tax projections. OPERATIONS • Participate in key decisions as a member of the management team., • Provide input on staffing levels, work distribution, staff performance, recruiting, and internal processes., • Manage one or more business management accounting teams., • Ensure deadlines are being met, and internal processes and procedures are being followed., • Work as part of the new client onboarding team as needed. RISK MANAGEMENT • Regularly review client insurance policies and coverage levels., • Monitor any open legal issues involving the client., • Advise client on appropriate and reliable control systems for staff and entities. Qualifications: • Bachelor's degree in Accounting; or other related Business field preferred., • Certified Public Accountant or Enrolled Agent preferred., • 10-15 years of related experience in the Business Management field, and/or working with high-net-worth individuals. Benefits: Firm offers a great variety of benefits and perks to their employees. Some of these include: • Medical, Dental and Vision coverage, • Flexible Spending Account, • Basic Life and AD&D, • Voluntary Life and AD&D, • Long Term Disability, • Voluntary Critical Illness and Cancer, Hospital Indemnity and Accident Coverage, • Genetic Screening and Cancer Support, • Pet Insurance, • Accrue 20 PTO days annually, • 401k, Match and Profit Sharing Plan, • 10 Paid Holidays and 1 Floating Holiday Many of our job openings can be viewed at