Head of Family Office na Maverick Capital

Overview: The Family Office was formed to serve the family of the founder of an investment firm managing over $10 billion in assets.  The Family office is primarily responsible for the affairs of the founder and his spouse.  Additionally, involvement in the activities of the second generation and other family members of the founder is a growing part of the role.  The family office operates as an embedded effort sharing resources with the operating investment management company and has access to extensive tax, legal and information technology resources. 

Position Summary:

The HFO will be responsible for managing the family office’s operations. This role requires an advanced understanding of financial and tax planning, estate planning and operational risk management. The founder is the CIO of the family office and manages the family’s investment assets.  The HFO will coordinate all financial reporting and other aspects of the investment management effort.  The HFO will work closely with family members, operating company management and other stakeholders to develop and implement strategies that align with the family’s goals and values.

Key Responsibilities:

Financial Strategy and Reporting:

Manage comprehensive financial strategies that align with the family's goals and objectives.

Prepare and analyze financial statements, reports, budgets, and forecasts.

Monitor financial performance and provide regular reports to family members and stakeholders.

 Investment Management:

Support CIO in strategic planning by providing timely reporting.

Work closely with operating company management to manage the liquidity needed for multiple investments.

Work with external and internal partners to ensure optimal performance and compliance.

Tax and Estate Planning:

Develop and propose tax-efficient strategies to minimize the family's tax liabilities.  Coordinate with external accounting firms.

Oversee estate planning activities, including the management of trusts, a family foundation and other estate planning vehicles for multiple family members.

Coordinate with external estate planning attorneys and other legal counsel as needed to develop multi-generational estate planning strategies.

Risk Management and Compliance:

Develop and implement operational risk management strategies to protect the family's assets and interests.

Ensure compliance with all relevant legal, regulatory, and reporting requirements.

Oversee internal controls and financial reporting processes to maintain the security of assets and accuracy of financial information.

Team Leadership and Development:

Lead and mentor the family office team, fostering a culture of excellence, integrity and continuous improvement.

Collaborate with other members of the leadership team to achieve the family office's strategic objectives.

Build and maintain strong relationships with family members and other key stakeholders.

Qualifications:

Bachelor’s degree in accounting, economics, or a related field; CPA required.

A minimum of 5 years of experience in a financial leadership role, with an emphasis on taxation, preferably within a family office or private wealth management firm.

Understanding of financial, tax and estate planning focusing on asset protection and risk management.

Strong strategic thinking and analytical skills, with a track record of developing and implementing successful financial strategies.

Excellent communication and interpersonal skills, with the ability to build and maintain strong relationships.

High level of integrity, discretion, and professionalism.