High Net Worth Tax Principal

Baker Tilly•Tampa, FL

About The Position

Baker Tilly is hiring a High Net Worth Tax Principal to lead its private wealth tax practice and serve high-net-worth individuals, multigenerational affluent families, family offices, estates and trusts, and privately held businesses. The practice provides strategic income, trust, estate and gift tax, succession planning, valuation, and international tax services to help clients manage, preserve, and transition wealth. The Principal leads compliance and consulting engagements, reviews complex tax returns, delivers proactive tax planning and strategic advice, and advises clients on business succession. The role also manages engagement staffing, billing and collections, and profitability; develops client relationships and new business; and mentors and supports the development of team members. The Principal works alongside firm leadership and participates in individual and firm-wide 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 details, demonstrate appropriate ethical knowledge and commitment, and complete projects with urgency, quality, and timeliness.
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 reviews 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 current with tax trends, developments, and technical authorities, and apply them to complex situations.
Manage client engagement staffing, billing and collections, and achievement of client profitability targets.
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 the Baker Tilly Care and Teach philosophy, helping associates meet their professional goals.
Contribute to a work-life balance through friendships, social activities, and team outings.