Associate Director, Accounting Manager

Job Details:
Level: Experienced

Job Location:

Palo Alto Office - Palo Alto, CA 94306

Salary Range: $ - $ Salary/year

About Cresset:
Cresset is a firm built by clients, for clients. As an independent, award‑winning multi‑family office and private investment firm, we are reimagining the way wealth is experienced. Our purpose is to help ensure that both wealth and life are fully optimized—integrated, intentional, and aligned with each client’s vision of success. We provide access to the caliber of talent, ideas, and investment opportunities typically available to the largest single‑family offices and institutions.

Our approach is personalized, entrepreneurial, and client‑first. Proudly owned by our clients and employees, Cresset was built to endure. We are creating a 100+ year firm—one focused on delivering an exceptional experience, not only for the families we serve but for the team that serves them. Recognized by Barron’s and Forbes among the nation’s top RIA firms, and as one of the industry’s best places to work, Cresset is guided by long‑term relationships, shared success, and a belief that wealth should serve a life well lived.

• Manage Accounting staff, banking relationships, verify disbursements and wire confirms with bank. Assist partners with proper income/expense management on the clients. This position works with the Client Service Partner and Client Service Team to manage the day‑to‑day deliverables to clients.
• Train staff and be a knowledgeable resource for basic accounting, software needs and proper communication techniques.
• Manage Accounting service team and coordinate efforts/projects across service lines (Family Office Services/Specialty service lines (Insurance, Estate and Gift, Philanthropy). Scheduling resources to provide day‑to‑day service and special projects such as financials for non‑Accounting clients, tax work papers, company parties.
• Manage banking relationship, opening, closing and authorizing account access.
• Train and manage Accounting staff. Reviewing day to day work and encouraging professional growth both in house and external support.
• Review monthly and quarterly financial statements to clients and/or client service teams in a timely and accurate manner.
• Design standard deliverables such as financials and update reports as client needs change, e.g. cash flow reports and projected cash flow reports, budgets, etc.
• Review monthly account and bank reconciliations to verify standard procedures are being maintained to ensure accuracy of client data, and proper asset controls are maintained.
• Manage complex engagements through the ability to schedule multiple tasks simultaneously in order to complete a deliverable in a timely manner.
• Coordinate and manage overall Accounting workload to ensure sufficient coverage during absences.
• Alert Partner to possible client asset protection issues.
• Perform same duties as Senior Accountant as needed.

• Bachelor’s degree in accounting, finance, or a related field preferred.
• 7-10 years accounting experience with individual accounting, small companies, or consolidated financial.
• Strong verbal and written communication skills, ability to multi‑task and work in a fast‑paced environment with tight deadlines.
• Proficient in Word and Excel.

• Starting base salary is $140,000 - $165,000. Salary will be based on factors including, but not limited to, experience, licenses/certifications, industry knowledge, and geographic location.
• A competitive compensation package including an annual incentive and a benefits package to all full‑time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long‑term disability insurance, voluntary critical and accident insurance, and pre‑tax parking and transportation programs.
• All employees receive equity in Cresset.

It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex, pregnancy (including childbirth, lactation, or related conditions), national origin or ancestry, age, disability, veteran status, uniformed service member status, sexual orientation, gender identity, status as a parent, genetic information (including testing and characteristics), or any other characteristic protected by applicable federal, state, or local law.

It is Cresset’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.