High Net Worth Tax Principal

Baker Tilly•New Castle, PA

About The Position

Baker Tilly is seeking a High Net Worth Tax Principal to lead its private wealth tax practice. The practice serves company executives, business owners, affluent families and family offices, estates, and trusts with strategic income, trust, estate, and gift tax services, as well as succession planning, valuation, and international tax services. The Principal will work alongside firm leadership and mentor and coach staff, with an opportunity to build an ownership experience in an entrepreneurial firm. The role leads compliance and consulting engagements for high-net-worth individuals, multigenerational affluent families, family offices, and their private businesses and investment entities. It includes reviewing complex tax returns, overseeing proactive tax planning and strategic consulting, advising on business succession, managing engagement economics, developing client relationships and new business, and supporting the professional growth of team members.

Requirements

Undergraduate degree in accounting or law.
CPA or JD credential.
Experience as a leader in the tax practice of a public accounting firm.
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, trust, estate and gift, and charitable taxation, with exposure to flow-through entities, partnership taxation, and corporate taxation.
6+ years of supervisory experience, including mentoring and counseling associates.
Ability to lead and supervise others and provide exceptional client service.
Commitment to continuous learning and staying current regarding applicable strategies.
Ability to see both the big picture and details, demonstrate appropriate ethical knowledge and commitment, and show urgency and commitment to quality and timely project completion.

Nice To Haves

Eligibility to work in the U.S. without sponsorship is highly preferred.

Responsibilities

Lead compliance and consulting services for high-net-worth individuals, affluent families, family offices, and their private businesses and investment entities.
Perform technical review of complex individual, partnership, S-corporation, trust, estate, gift, and state tax returns.
Lead engagements providing 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 current with trends, developments, and technical authorities and apply them to complex situations.
Manage engagement staffing, billings, and collections, and ensure client profitability targets are met.
Network and build strong internal and external relationships to acquire new clients, projects, and revenue.
Invest in professional development, including participation in firm-wide learning and development programs.
Support team members’ growth and development through the Baker Tilly Care and Teach philosophy, helping associates meet their professional goals.
Provide leadership, supervision, mentoring, and counseling to associates.