Senior Accounting Manager chez Bessemer Trust

The Family Office Management group at Bessemer Trust provides accounting and financial reporting services to ultra-high-net-worth families and their related entities, and is currently seeking a Senior Accounting Manager for a position in Woodbridge, New Jersey office.

The primary focus of this position will be to oversee the accounting and financial reporting functions for a select group of ultra-high-net-worth families and their related entities, including partnerships, trusts, foundations, corporations, and personal accounts. This individual will lead a team in managing complex accounting needs, ensuring accuracy and timeliness of financial reporting, and providing proactive guidance to both clients and internal teams. The role requires technical expertise, strong leadership skills, and a commitment to delivering exceptional client service.

Primary Responsibilities:

• Oversee accounting and financial reporting, including preparation and analysis of unaudited financial statements across multiple entities, with consolidated statements prepared as needed.
• Assist with the preparation and annual filing of vendor 1099s
• Oversee and review reconciliations of investment activity, alternative investments, and related reporting tied to K-1s, 1099s, and other tax documentation.
• Supervise, mentor, and develop accounting staff, fostering a collaborative and high-performing team environment.
• Collaborate with other internal teams (Tax, Bill Pay, Client Advisory, etc.) to ensure seamless client service and reporting accuracy.
• Work directly with clients, their advisors, and other stakeholders to address inquiries, provide financial insight, and deliver custom reporting solutions.
• Manage workflows to ensure compliance with internal controls, policies, and procedures.
• Lead strategic initiatives, including process improvement, technology adoption, and scaling operations to support growth.
• Assist with onboarding new clients by setting up accounting processes, organizing financial records, and establishing reporting frameworks tailored to client needs.
• Support year-end tax planning, compliance, and audit processes in coordination with the clients and their advisors.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field; 12+ years of experience preparing and analyzing financial information.
• CPA designation required.
• Strong knowledge of investment accounting, consolidation accounting, and financial reporting.
• Progressive experience with increasing responsibility, including direct staff management and oversight.
• Experience with individual and small business accounting a plus.
• Proficiency with QuickBooks and Microsoft Office preferred.
• Excellent communication skills with a client service orientation and professional demeanor.
• Exceptional organizational skills with the ability to manage multiple client assignments, prioritize effectively, and meet deadlines in a fast-paced environment.
• Proven ability to exercise tact, discretion, and sound judgment in handling sensitive and confidential information.

The base salary range for this position is $140,000 - $170,000. Actual salaries will vary and will be based on various factors, such as skills, experience, and qualification for the role. It is not typical for offers to be made at or near the top of the range.

In addition, this position may be eligible for a discretionary incentive based on individual and company performance.

Eligible employees may participate in a 401 (k) program with a company profit sharing contribution, medical, dental, vision, life insurance and disability coverage and paid holidays, vacation, and sick days.

About Bessemer Trust:

• Bessemer Trust is a family office, overseeing more than $200 billion in assets for over 3,100 individuals and families of substantial wealth. Its more than 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.
• Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.
• Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

 Key Facts:

• For more than 118 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
• Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
• To watch a video about Bessemer Trust’s history, click here.
• To learn more about Bessemer Trust, click here.

 About Our Employee Rewards and Benefits:

• We provide exceptional rewards and benefits that are among the best in the industry, giving our people access to a wide range of options, including:
• Competitive base salary plus discretionary annual bonus for select positions
• A 401(k) plan with a generous annual profit-sharing contribution
• Personalized development and career opportunities, including tuition reimbursement support
• Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
• Employee assistance (EAP) and wellness programs
• Hybrid work environment: 60% in office, 40% remote for most positions
• Paid time off and paid parental leave
• Employer-paid life insurance and short- and long-term disability coverage
• Legal services and financial wellness plans at no cost to employee

Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.