High Net Worth Tax Principal

Baker Tilly • Chicago, IL

19d

About The Position

Baker Tilly is seeking a High Net Worth Tax Principal to lead a private wealth tax practice and serve as a senior tax expert for high-net-worth clients. The private wealth practice works with company executives, business owners, affluent families and family offices, estates, and trusts to manage, preserve, and transition wealth. Services include strategic income, trust, estate and gift tax, succession planning, valuation, and international tax consulting.

The Principal will work alongside firm leadership and mentor and coach staff. The role combines technical tax review and client consulting with engagement management, business development, and team development. The Principal is also expected to build internal and external relationships, contribute to firm growth, and pursue ongoing professional development.

Requirements

• Undergraduate degree in accounting or law.
• CPA or JD.
• Experience as a leader in the tax practice of a public accounting firm.
• At least 10 years of tax planning and consulting experience 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 and provide exceptional client service.
• Commitment to continuous learning and staying current on applicable strategies.
• Ability to see both the big picture and the details.
• Appropriate ethical knowledge and commitment.
• Sense of urgency and commitment to quality and timely project completion.
• Eligibility to work in the U.S. without sponsorship is highly preferred.

Responsibilities

• Lead compliance and consulting services for high-net-worth individuals, multigenerational 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 involving proactive tax planning and strategic consulting, including federal, estate, gift, charitable, and generation-skipping tax planning.
• Advise clients and make recommendations regarding business succession planning.
• Keep current with trends, developments, and technical authorities and apply them to complex situations.
• Manage client engagement staffing and 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 individually and through firm-wide learning and development programs.
• Support team members’ growth and development through Baker Tilly’s Care and Teach philosophy, helping associates meet their professional goals.
• Contribute to a work-life balance through friendships, social activities, and team outings.

Benefits

• Work-life balance encouraged through friendships, social activities, and team outings.
• Firm-wide learning and development programs.
• Opportunity for an ownership experience.

What This Job Offers

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