Senior High Net Worth (HNW) Accountant - Reef Capital Partners

Job Title: Senior High Net Worth (HNW) Accountant

Company: Reef Capital Partners

Salary Range: $70,000-$85,000 + plus incentive compensation

Location: Lehi, UT (with work-from-home flexibility)

About the Company:

Reef Capital Partners is a Utah-based investment firm founded in 2005 with offices in Lehi, UT, Park City, UT, and Ivins, UT. Reef focuses on commercial real estate lending and development across the U.S.

Since 2005, Reef's team has completed more than 500 transactions. In addition to Reef's real estate investment strategy, Reef and/or affiliates own and operate various businesses that add significant long-term value to its projects. Reef has grown rapidly over the past few years, growing from about 25 employees to well over 200, and managed assets on behalf of over 750 institutional and individual partners worldwide..

Our mission is to recruit, develop, and retain entrepreneurial individuals who desire to build and create something long-lasting and meaningful. Our business enables bright, committed people to work in high-performing teams within an environment that allows each person to achieve their professional objectives. Reef values a strong culture dedicated to the health and well-being of our employees. Reef's team is currently involved in some of the most prominent development transactions in Utah and other targeted geographies across the United States.

Position Summary:

The Senior HNW Accountant will provide dedicated accounting support for the firm's high-net-worth clients, offering personalized services to track and report on their investments. This role involves financial and managerial accounting for client investments in the company's common and preferred equity, co-investments in private equity real estate transactions, private loans, and 1031 exchanges. This role is ideal for a professional looking to deepen their expertise in high-net-worth accounting while contributing to a growing investment firm.

Key Responsibilities:

• Client Accounting & Reporting:
  • Track and report on client investments, including real estate equity holdings, private loans, and co-investments.
  • Prepare quarterly and annual investment summaries and customized financial reports for clients.
  • Monitor 1031 exchange transactions into company-managed properties, assist client or client's outside agents with compliance and tracking.
• Financial Analysis & Support:
  • Analyze investment performance and provide recommendations when appropriate.
  • Develop detailed schedules of client investment activity, capital calls, distributions, and returns pertaining to Reef investments.
• Client Relationship Management:
  • Serve as a key point of contact for clients, addressing accounting-related inquiries and providing high-level support.
  • Collaborate with internal teams to ensure accurate and effective communication of investment performance.
  • Manage the books and issuing distribution payments for several LLC's owned by HNW clients/investors

Qualifications:

• Bachelor's degree in Accounting.
• 2-3 years of experience in financial accounting or tax, with exposure to investment accounting or real estate preferred.
• Proficiency in Microsoft Excel and accounting software.
• Strong analytical, organizational, and communication skills.

Preferred Skills:

• Experience with high-net-worth clients or in a family office setting.
• Familiarity with private equity, real estate investments, and 1031 exchanges.
• CPA or similar designation is a plus but not required.

Company Benefits:

• 401K Plan with Company Match
• Generous Health Plan with HSA Match
• Flexible Paid Time-off
• Daily Company Lunches
• Cell Phone Service Allowance
• Discounts at Company-Owned Resorts and Golf Courses