Chief Financial Officer Family Office, West Chester, Pennsylvania

Estatejobs.Com - Philadelphia, PA

Full-time - Senior

Philadelphia, PA

About the position

The Chief Financial Officer (CFO) will play a pivotal role in the family office located in West Chester, Pennsylvania, reporting directly to the founder. This position involves managing a diverse portfolio of financial interests while providing fiduciary oversight and strategic financial support to the family and its ventures. The CFO will enhance financial processes, manage wealth and tax planning, and ensure compliance with legal and regulatory standards, all while leading a small financial planning and analysis team.

Responsibilities

• Enhance and implement financial systems, processes, tools, and internal controls.
• Ensure timely, accurate financial and management reporting.
• Oversee external audits and ensure legal and regulatory compliance.
• Review month-end closing activities, including general ledger maintenance and reconciliations.
• Manage the annual budget process for all family households and businesses.
• Work with the family's Investment Committee to develop a portfolio strategy that optimizes returns, tax consequences, and financial objectives.
• Provide transparency to beneficiary members by managing cash flow decisions and advising on financial matters.
• Lead financial planning reports and forecasts at both consolidated and entity levels.
• Conduct financial analysis and due diligence on private equity and venture deals.
• Drive income and estate tax planning in partnership with accountants, tax advisors, and attorneys.
• Implement the family's portfolio strategy and oversee investment policies and asset allocation.
• Manage external relationships with advisors, ensuring sound risk management and tax-efficient wealth transfer strategies.
• Ensure liquidity planning and cash management for family needs and portfolio requirements.
• Oversee financial planning and management across all entities, ensuring compliance with legal requirements and internal controls.
• Maintain systems of internal controls to safeguard financial assets.
• Lead efforts to ensure audit compliance and regulatory review readiness.
• Manage financial reporting processes and ensure timely disbursement of funds.
• Provide services such as tax preparation, risk management, and payroll administration.
• Support financing and financial operations related to residential holdings and acquisitions.
• Plan and manage real estate holdings and support ventures in achieving strategic goals.

Requirements

• 10-15 years of experience in accounting, financial planning, compliance, or treasury, with 5+ years working for or advising family-owned businesses.
• Experience with foundations, trusts, S-Corporations, Partnerships, LLCs, and Real Estate Partnerships.
• Bachelor's degree required, CPA strongly preferred.
• Experience managing a team and leading performance management.
• Strong understanding of budgeting, fiscal management, and nonprofit financial principles.
• Ability to work across diverse legal entities and develop systems for internal control.
• Proficient in ERP systems, financial software, and Microsoft Excel.

Benefits

• Immediate hire opportunity for highly skilled candidates.
• Supportive work environment in a dynamic family office.