Asset & Wealth Management - Miami - Associate, Sales - 9381986

Goldman Sachs • Miami, FL

2d • Onsite

About The Position

Goldman Sachs Wealth Services, L.P. is seeking an Associate, Sales in Miami, Florida. This role involves executing tax planning, projection, and review for high-net-worth portfolios, including preparation of annual tax planning strategies, proactive tax mitigation, and ensuring compliance with US tax laws. The position requires close collaboration with clients and external experts to gather information for filings, coordinate with accountants and legal counsel, and manage client requests. Responsibilities include preparing extension estimates, developing tax equalization models for multi-jurisdictional individuals, preparing net worth statements, creating estate flowcharts, executing wealth transfer processes, conducting cash flow analysis, supporting donor-advised funds and private foundations, and collaborating with portfolio managers and advisors to align tax strategy with investment objectives.

Requirements

• Master’s degree (U.S. or foreign equivalent) or Bachelor’s degree (U.S. or foreign equivalent) in Finance, Accounting, Economics, Law, Business, Taxation, or related field
• One (1) year of experience (with a Master’s) or three (3) years of experience (with a Bachelor’s) in the job offered or in a related role.
• One (1) year of experience (with a Master’s) OR three (3) years of experience (with a Bachelor’s) with: preparing federal and state individual tax returns, extension estimates, and tax equalization calculations
• One (1) year of experience (with a Master’s) OR three (3) years of experience (with a Bachelor’s) with: complex tax concepts including AMT, SALT limitations, and multi-state residency rules
• One (1) year of experience (with a Master’s) OR three (3) years of experience (with a Bachelor’s) with: assisting in the drafting of estate flowcharts, gifting strategies, and reviewing wills and trust documents
• One (1) year of experience (with a Master’s) OR three (3) years of experience (with a Bachelor’s) with: working with advisors or partners to compile sensitive financial documents and assist in the creation of client deliverables
• One (1) year of experience (with a Master’s) OR three (3) years of experience (with a Bachelor’s) with: communicating with high-net-worth individuals, focusing on confidentiality, precision, and proactive responsiveness
• One (1) year of experience (with a Master’s) OR three (3) years of experience (with a Bachelor’s) with: assisting in the preparation of personal balance sheets, net-worth statements, and detailed cash flows projections to assist with liquidity planning and scenario modeling
• One (1) year of experience (with a Master’s) OR three (3) years of experience (with a Bachelor’s) with: coordinating with legal, tax, and investment professionals to gather documentation and ensure timely filings
• One (1) year of experience (with a Master’s) OR three (3) years of experience (with a Bachelor’s) with: assisting in the drafting of charitable contribution summaries, coordinating with donor-advised funds, private foundations, and nonprofit legal teams, and handling of tax treatment of donations and compliance issues.

Responsibilities

• Execute tax planning, projection and review (US and foreign) high-net-worth portfolios, including preparation of annual tax planning strategies, proactive tax mitigation, and review of tax filings to ensure compliance with US tax laws.
• Work closely with clients and external experts to gather information required for filings, quarterly and as required, which involves coordinating with clients, accountants, and legal counsel to collect relevant documentation, facilitate quarterly reviews, and manage clients’ requests.
• Prepare extension estimates, consisting of calculation and preparation of federal and state tax extension payments to avoid penalties, particularly for complex tax situations or delayed K-1s.
• Develop tax equalizations models for multi-jurisdictional individuals, addressing tax considerations and obligations.
• Prepare net worth statements, by compiling and maintaining detailed balance sheets reflecting a client’s total assets, liabilities, and net worth for strategic planning and reporting.
• Create estate flowcharts, wills, execute wealth transfer processes, collaborate on drafting or reviewing estate documents, and implement gift strategies or trust funding.
• Conduct cash flow analysis by analyzing client income, expenses, and liquidity needs to support budgeting, investment planning, and tax payment planning.
• Support donor-advised funds, private foundations, and charitable trusts; assist with charitable contributions strategies and compliance.
• Collaborate with portfolio managers and advisors to align tax strategy with investment objectives, enhance client experience, and ensure cohesive planning.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level