High Net Worth Tax Principal

Baker Tilly•Philadelphia, PA

About The Position

Baker Tilly is seeking a High Net Worth Tax Principal to lead its private wealth tax practice and serve as a tax expert for high-net-worth clients. The practice supports company executives, business owners, affluent families, family offices, estates, and trusts with managing, preserving, and transitioning wealth. Services include strategic income, trust, estate and gift tax, succession planning, valuation, and international tax. The Principal will lead compliance and consulting engagements, provide technical review of complex tax returns, guide proactive tax planning, and advise clients on business succession. The role works closely with firm leadership and includes mentoring and coaching team members, managing engagement staffing and financial performance, and developing relationships to generate new clients, projects, and revenue. The Principal is also expected to maintain current technical knowledge and support team development through Baker Tilly’s Care and Teach philosophy and firm learning programs.

Requirements

Undergraduate degree in accounting or law.
CPA or JD credential.
Experience as a leader in the tax practice of a public accounting firm.
At least 10 years of experience in tax planning and consulting for wealthy individuals, family members and their trusts, investment entities, and private businesses.
Strong experience in personal taxation, trust taxation, estate and gift taxation, and charitable taxation, with exposure to flow-through entities, partnership taxation, and corporate taxation.
At least 6 years of supervisory experience, including mentoring and counseling associates.
Ability to lead and supervise others, provide exceptional client service, and maintain a commitment to continuous learning and current tax strategies.
Ability to see both the big picture and details, demonstrate appropriate ethical knowledge and commitment, and deliver quality work on time with a sense of urgency.
Eligibility to work in the U.S. without sponsorship is highly preferred.

Nice To Haves

Eligibility to work in the U.S. without sponsorship.

Responsibilities

Lead compliance and consulting services for high-net-worth individuals, multigenerational affluent families, family offices, private businesses, and investment entities.
Perform technical review of complex individual, partnership, S-corporation, trust, estate, gift, and state tax returns.
Lead multiple engagements involving proactive tax planning and strategic consulting, including federal, estate, gift, charitable, and generation-skipping tax planning.
Advise clients and make recommendations on business succession planning.
Keep technical knowledge current by following trends, developments, and technical authorities and applying them to complex situations.
Manage client engagement staffing, billings, and collections, and ensure client profitability targets are met.
Network and build internal and external relationships to acquire new clients, projects, and revenue.
Invest in professional development individually and through firm-wide learning and development programs.
Support the growth and development of team members through the Baker Tilly Care and Teach philosophy, helping associates meet their professional goals.
Lead and supervise others and provide exceptional client service.