Tax Director

CI Financial•New York, NY

1d•$225,000 - $300,000•Onsite

About The Position

At Corient, we help high- and ultra-high-net-worth individuals and families to enjoy a full life, while enabling them to preserve their wealth for future generations, and provide for the people, causes and communities they care about. We focus on exceeding expectations, simplifying lives, and establishing legacies that last for generations. We are always looking for talented and motivated individuals to join our team. If you want to work for a company that values your contributions and supports your growth, we would like to meet you. Location: New York, NY Overview We are seeking a highly experienced Tax Director to lead our Private Foundation and Tax-Exempt Organizations practice. This role requires deep technical expertise in the unique compliance, regulatory, and planning needs of large private foundations and other exempt entities. You will serve as a strategic advisor to sophisticated clients navigating complex federal excise tax rules, grant-making compliance, and investment income taxation. The ideal candidate will bring the technical rigor and research capabilities expected of a Big Four or large regional firm, combined with the client relationship skills to serve as a trusted partner to foundation leadership and family office clients.

Requirements

Education: Bachelor's degree in Accounting, Finance, or related field
Licensure: Active CPA license or J.D. required
Experience: Minimum 8+ years of progressive tax experience with substantial focus on Tax-Exempt Organizations, preferably at a Big Four firm, large regional CPA firm, or law firm with a national exempt organizations practice
Communication: Excellent written and verbal communication skills with the ability to explain complex tax concepts to non-tax professionals, foundation boards, and family members
Must be 18 years of age or older.
Must have unrestricted work authorization to work in the United States.
For U.S. employment opportunities, Corient hires U.S. citizens or permanent residents.
Must be willing to execute Corient’s Employee Agreement or Confidentiality and Non-Disclosure Agreement, which require, among other things, post-employment obligations relating to non-solicitation, confidentiality, and non-disclosure.

Responsibilities

Serve as day-to-day client contact and trusted advisor for a portfolio of large private foundations and related exempt entities
Lead the preparation, review, and filing of complex Forms 990-PF (Return of Private Foundation), Form 990 (for public charities), and Form 990-T (Exempt Organization Business Income Tax Return), along with multi-state reporting requirements
Manage client engagement timelines, staff assignments, and quality control review processes
Provide proactive guidance on Chapter 42 provisions, with particular emphasis on identifying and preventing self-dealing transactions between foundations and disqualified persons
Advise on taxable expenditure rules, including expenditure responsibility requirements for grants to non-public charities and foreign organizations
Monitor and counsel clients on excess business holdings, jeopardy investments, and related penalty excise tax exposure
Analyze complex investment portfolios—including hedge funds and private equity fund K-1s, as well as other alternative investments—to calculate UBTI and identify debt-financed income issues
Advise on UBTI siloing rules and optimize allocation of net operating losses across separate trades or businesses
Manage calculation and monitoring of the annual 5% minimum distribution requirement (distributable amount) to ensure timely qualifying distributions
Advise on grant timing strategies, set-aside elections, and program-related investments to optimize philanthropic impact while maintaining compliance
Research and advise on foundation formation, termination, and conversion strategies
Monitor legislative and regulatory developments affecting tax-exempt organizations and communicate impacts to clients and internal teams
Supervise, mentor, and develop tax staff and seniors; and provide ongoing technical training
Collaborate with colleagues on estate planning and integrated income tax planning opportunities
Opportunity to coordinate with wealth advisors around the US to support their service delivery to clients with Private Foundations or other meaningful philanthropic intentions