Chief Financial Officer – Single Family Office, London
Agreus Group · London, England ·
Location: Hybrid with significant time in the office near St James's, London. Reporting to: The principal. Remuneration: 200,000 plus discretionary bonus and benefitsAbout the family officeA privately-owned single-family office supporting a UK-based family and their personal, investment and business interests.
Art is the family's principal asset class, alongside an investment portfolio, property and privately owned businesses. The office manages a number of entities and works closely with external accountants, tax advisers, lawyers, investment managers and other specialist providers.
One entity is regulated as an art market participant for anti-money laundering purposes. About the roleThe CFO has broad responsibility for the family's financial affairs and the day-to-day running of the family office. It is a senior role that combines oversight with hands-on delivery, working directly with the principal and external advisers.
The CFO will lead the family office team and act as a sounding board for the family in their financial decision-making. LeadershipAct as a trusted adviser to the family across their personal, investment and businessLead the family's financial strategy, working with external advisers.
Finance and reportingOversee financial and management reporting across the family office and associated businesses, ensuring the family have clear and relevant information to support decision-making. Prepare financial reporting and information for Family Council and board meetings, and follow up agreed actions.
Manage the annual audit and the relationship with externalMaintain robust internal financialTreasury, cash and bankingManage treasury, cash flow, banking and funding requirements, including mortgages and intercompany balances.
Oversee business and personal bill payments, payment authorisation controls and fraud risk. Oversee personal and business tax compliance, and work with external advisers on tax planning and advisory matters. Investments, art, property and family financesOversee investment reporting and cash flows, and coordinate with investment managers and advisers.
Provide financial and operational oversight of the family's art collection and related art businesses. Oversee the financial aspects of rental properties including cost and cash flowPeople and teamLead and develop the family office finance team and the art business team, including recruitment and performance management.
Oversee HR, payroll and employment matters, working with external advisers andAdvisers, costs and vendorsManage and coordinate external advisers and service providers, and oversee family office costs, professional fees and supplier contracts, includingensuring the family office has the right mix of internal and external capability.
Oversee insurance arrangements, working alongside the StrategyOversee IT systems, cyber security and external ITGovernance, risk and regulatoryAct as Money Laundering Reporting Officer for the regulated art market participant entity, supported by the AML compliance officer, and oversee AML, legal and regulatory compliance.
Oversee company secretarial and corporate governance requirements, and work with the management team and external advisers on the wider entityMaintain oversight of the family office risk framework and key financial, tax, statutory and governance deadlines.
Identify financial, operational and governance risks and opportunities to ensure these are addressed appropriately. Essential skills and experienceQualified accountant with proven experience in a senior financeExperience of working with UHNW individuals or in a family-runStrong personal and corporate tax literacy, with the judgement to direct advisers rather than defer to them.
Experience of leading and developing finance or operationsComfortable operating both strategically and hands-on in a dynamicSound judgement and discretion when dealing with sensitive and confidentialExcellent written and verbal communicationAble to work autonomously and manage competingDesirable skills and experienceExperience of the art market or other specialist assetExperience acting as MLRO or working within an AML-regulatedIf you would like to find out more about the role, please send a (preferably Word) copy of your latest resume to reubenh@agreusgroup.comREF: AGR1123