Chief Financial Officer (CFO) – Family Office (Hedge Fund Spinoff)-Remote -East Coast 300-500k
Position Overvie
wWe are seeking a highly skilled Chief Financial Officer (CFO) to lead the financial operations of our newly formed single-family office, established as a spinoff from a prominent hedge fund. This is a fully remote position, with a strong preference for candidates residing on the East Coast to align with core operational hours
.The ideal candidate possesses 10 to 20 years of comprehensive accounting and financial management experience specifically within a family office environment. As the financial architect of this new entity, you will build a robust accounting infrastructure from the ground up, manage a small personal staff, oversee intricate investment accounting, and serve as the primary liaison with external fund administrators, legal counsel, and tax professionals
.
Key Responsibilit
ies
Infrastructure & System De
- signBuild Accounting Systems: Design, implement, and maintain a scalable institutional-grade financial and accounting infrastructure tailored for the family off
- ice.Select Technology Stack: Evaluate and deploy family office general ledger and wealth management software (e.g., Addepar, Arch, SEI, or Sage Intac
- ct).Establish Internal Controls: Author and enforce rigorous internal control policies, cash management protocols, and standard operating procedures (SO
Ps).
Financial Management & Budg
- etingCorporate Accounting: Oversee all daily accounting operations, including accounts payable, cash flow management, and financial statement prepara
- tion.Budgeting & Forecasting: Develop and manage complex annual budgets for the family office entity, investment vehicles, and personal household operat
- ions.Financial Reporting: Deliver clear, high-density financial reporting and dashboards to the Principals regarding liquidity, net worth, and operational s
pend.
Investment Accounting & Ove
- rsightComplex Asset Class Tracking: Manage the accounting for a diverse, sophisticated portfolio including alternative investments (hedge funds, private equity, venture capital), direct real estate, and public equ
- ities.Capital Call Management: Oversee treasury functions, tracking capital calls, distributions, and commitments across all private partner
- ships.Performance Reconciliation: Review and reconcile investment performance data against external manager reports and bench
marks.
External Vendor & Advisor
- LiaisonAdministrator Oversight: Serve as the main point of contact for external fund administrators, ensuring accurate shadow accounting and rep
- orting.Tax Coordination: Collaborate closely with elite external tax professionals to facilitate timely K-1 collection, tax planning, structuring, and annual compliance
- filing.Audit & Legal Support: Coordinate with external auditors and legal counsel on structural, regulatory, and compliance m
atters.
Team Leadership & Personnel Ma
- nagementStaff Management: Supervise, mentor, and evaluate a small team of internal financial staff and personal household/estate accounting pe
- rsonnel.Resource Optimization: Determine future hiring needs and manage external specialized consultants as the offic
e grows.
Required Qual
- ificationsExperience: 10 to 20 years of progressive accounting and financial leadership experience, with a substantial portion spent inside a sophisticated single-family office or a combined fund/family office en
- vironment.Education: Bachelor’s degree in Accounting, Finance, or a rela
- ted field.Credentials: CPA (Certified Public Accountant) or CFA (Chartered Financial Analyst) designation is highly
- preferred.Hedge Fund Spinoff Familiarity: Deep understanding of hedge fund structures, GP/LP dynamics, management companies, and the financial transition from a fund to a private fami
ly office.
