Account Associate

About FFO

Headquartered in the heart of New York City, FFO is a premier family office and business management firm serving ultra-high-net-worth individuals, families, and their trusted advisors. We provide customized financial and business management solutions that seamlessly bridge financial and lifestyle objectives, delivering unparalleled expertise, discretion, and personalized service.

At FFO, we pride ourselves on building long-term relationships with our clients and helping them navigate complex financial matters with confidence and clarity.

Position Summary

FFO is seeking a highly organized and detail-oriented Account Associate to join our growing team. This position is responsible for performing accounting, reporting, and analytical functions for a diverse portfolio of clients. The Account Associate will prepare and analyze financial information, maintain accurate accounting records, reconcile accounts, and support client deliverables while ensuring exceptional service and accuracy.

This role is ideal for a motivated professional who thrives in a fast-paced environment, enjoys problem-solving, and is committed to delivering outstanding client support.

Key Responsibilities

Accounting & Financial Operations

• Record cash receipts, credit card activity, invoices, and disbursements.
• Perform timely bank and brokerage account reconciliations.
• Prepare and post journal entries and maintain general ledger accounts.
• Maintain accurate records of assets, liabilities, and financial transactions.
• Record weekly, monthly, and annual payroll expenses.

Accounts Payable & Receivable

• Manage daily accounts payable and accounts receivable processes.
• Maintain accurate vendor and client records.
• Process invoices, payments, receipts, and supporting documentation.
• Monitor and manage the bill pay cycle to ensure timely payments.
• Prepare and review vendor reports and supporting schedules.

Client Service & Reporting

• Assist in preparing financial reports and client deliverables.
• Support client relationships through accurate and timely financial information.
• Maintain workpapers and supporting schedules.
• Participate in information gathering and project management initiatives.

Collaboration & Team Support

• Participate in team meetings, client discussions, and conference calls.
• Share information and best practices with colleagues on a regular basis.
• Contribute to process improvements and operational efficiencies.
• Collaborate with team members to meet client deadlines and service expectations.

Qualifications

Education

• Bachelor’s degree in Business Administration, Accounting, Finance, or a related field.

Technical Skills

• Strong proficiency in Microsoft Excel.
• Solid understanding of accounting principles, including:
  • Debits and credits
  • Bank reconciliations
  • Chart of accounts
  • General ledger accounting

Professional Skills

• Strong analytical and problem-solving abilities with exceptional attention to detail.
• Excellent organizational and time-management skills.
• Ability to manage multiple priorities, projects, and deadlines simultaneously.
• Strong written and verbal communication skills.
• Self-starter with a positive attitude and proactive approach to work.
• Ability to work independently while contributing effectively within a team environment.
• Demonstrated commitment to continuous improvement and process enhancement.
• Ability to follow direction, take ownership of assignments, and maintain accountability.
• Professionalism, discretion, and respect for colleagues and clients.

Why Join FFO?

• Work with a premier family office serving sophisticated and high-net-worth clients.
• Gain exposure to complex financial and business management activities.
• Collaborate with a talented and experienced team in a dynamic environment.
• Build a rewarding career with opportunities for professional growth and development.
• Be part of a firm that values excellence, integrity, discretion, and client service.

FFO is an Equal Opportunity Employer and is committed to creating an inclusive environment for all employees.