Director - Business Management

NKSFB, LLC is the largest business management firm in the country, with more than 650 employees working from seven offices in the Los Angeles and New York City area. We work alongside the world’s top artists in music, film, and television, as well as athletes, executives, entrepreneurs, and other high achievers, offering a sophisticated range of concierge-style services to meet their lifestyle management needs.

Job Title: Director - Business Management

Reports To: Partners

FLSA Status: Exempt

Department: Business Management

Your Role: NKSFB is searching for an experienced Director in the industry to lead a dedicated Business Management service team that handles a group of several large clients. The Director role requires deep technical accounting acumen. This person will communicate with, and provide sound financial advice to, high-level clients, communicate with Partners, as well as manage a team of accounting professionals. This position is part of the management team, and will participate in key decisions for our clients.

What will you do?

• Lead and manage one or more business management client service teams.
• Manage workflow, ensure deadlines are being met, and internal processes and procedures are being followed.
• Review financial statements, tax returns, cash flow reports, other financial reporting and client meeting packages.
• Prepare financial statement summaries as required for Partners.
• Assist Partners with special projects including, but not limited to real estate transactions, cash flow analysis, investment analysis, custom financial reporting, estate planning, insurance, and forecasting.
• Regular communication with Partners regarding client financial matters.
• Regular communication with clients to answer questions, fulfill requests, and provide financial advice when needed.
• Attend client financial meetings.
• Participate in management meetings and provide input on recruiting, client distribution, staff performance, and internal processes.
• Coordinate with the tax department on client tax matters.
• Other related duties as assigned.
  
  

REPORTING & COMMUNICATION

• Oversee and review weekly, monthly, quarterly and annual financial reporting.
• Ensure financial data is accurate and current at all times.
• Review all client reports prior to being sent.
• Provide analysis and insight, and summarize large amounts of information into digestible reports that can be provided to clients.
• Communicate regularly with clients regarding their financial position, projections, and cash management.
• Communicate regularly with client’s staff as applicable.
• Communicate regularly with Partners regarding client’s financial position.
  
  

PLANNING

• Assist in preparing client’s short and long term financial projections.
• Monitor and direct the implementation of strategic business plans.
• Manage cash flow between client entities, investment accounts, and bank accounts and plan for future cash needs.
• Provide input to the tax department to create annual tax projections.
  
  

OPERATIONS

• Participate in key decisions as a member of the management team.
• Provide input on staffing levels, work distribution, staff performance, recruiting, and internal processes.
• Manage one or more business management accounting teams.
• Ensure deadlines are being met, and internal processes and procedures are being followed.
• Work as part of the new client onboarding team as needed.
  
  

RISK MANAGEMENT

• Regularly review client insurance policies and coverage levels.
• Monitor any open legal issues involving the client.
• Advise client on appropriate and reliable control systems for staff and entities.
  
  

Education / Experience Requirements:

• High School diploma required.
• Bachelor's degree in Accounting; or other related Business field preferred.
• Certified Public Accountant or Enrolled Agent preferred.
• 10-15 years of related experience in the Business Management field, and/or working with high-net-worth individuals.
  
  

What Do you Need to Succeed:

• Oral and written communication skills.
• Fluent command of English.
• Professionalism, time management, and organizational skills.
• Math aptitude.
• Understanding of Generally Accepted Accounting Principles.
• Financial Statement analysis experience.
• Entity and Individual Income Taxation experience.
• Intermediate level understanding of Finance, Real Estate, and Banking.
• Advanced bookkeeping competencies.
• Problem solving skills.
• Proficiency in Microsoft Office Suite.
• Previous experience in people management.
  
  

Physical Demands / Work Environment:

• Standing, walking, crouching, and regular lifting up to 15 pounds.
• Frequent use of hands and reaching with hands and arms.
• Regularly talking, hearing, seeing, and sitting.
• Moderate to loud noise level.
• Risk of electrical shock.
  
  

Salary Range: The salary range for this role is $175,000 - $225,000 and represents the firm’s good faith and reasonable estimate of the range of possible compensation at the time of posting. Actual compensation will be dependent upon a number of factors, including but not limited to, the candidate’s relevant experience, qualifications, and location.

What We Offer: NKSFB offers a great variety of benefits and perks to our employees. Some of these include:

• Medical, Dental and Vision coverage
• Flexible Spending Account
• Basic Life and AD&D
• Voluntary Life and AD&D
• Long Term Disability
• Voluntary Critical Illness and Cancer, Hospital Indemnity and Accident Coverage
• Genetic Screening and Cancer Support
• Pet Insurance
• Accrue 20 PTO days annually
• 401k, Match and Profit Sharing Plan
• 10 Paid Holidays and 1 Floating Holiday
  
  

The job duties listed are typical examples of work performed by positions in this job classifications and are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks and responsibilities. Employees may also perform other duties as assigned.

NKSFB, LLC is an Equal Opportunity Employer and is committed to diversity and inclusion. If you’re a qualified candidate with a disability and you need a reasonable accommodation in order to apply for this position, please contact us at [email protected].

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