Tax Senior Associate - Global Family Enterprise

Tax Senior Associate - Global Family Enterprise

Our Global Family Enterprise (GFE) practice specializes in delivering comprehensive compliance and consulting services to affluent families and their private business or investment entities. This includes personal, charitable, trust, and estate/gift taxation. Members of the GFE practice manage tax engagements for a diverse range of clients, addressing their needs before, during, and after their integration with the U.S. income and estate tax systems.

We offer an exceptional opportunity for professional development through exposure to strategic tax planning and compliance. This includes consultations on structuring family or private business entities and all related Family Office Services. These services encompass personal taxation, charitable taxation, trust taxation, estate and gift taxation, and financial planning for multi-generational families.

Candidates must be familiar with the tax consulting and compliance process and possess the analytical skills necessary for the effective diagnosis, development and implementation of solutions to clients' tax needs. With the firm, you will have the opportunity to develop and pursue creative approaches to resolve client issues.

Position responsibilities include:

• International Tax Compliance: Handle the preparation and review of intricate international tax returns, including documentation related to foreign income, foreign tax credits, controlled foreign corporations (CFCs), passive foreign investment companies (PFICs), and other international tax reporting obligations. Such as 1040, 1040NR, 1116, 8938, 2225, 8621, 3520, 3520-A, 5471, 8858, 8865, 8832, FinCen Form 114.

• Tax Planning and Strategy: Develop and analyze tax planning strategies to enhance clients' global tax positions, taking into account factors such as cross-border transactions, foreign tax credits, and tax treaties.

• Client Advisory: Act as a trusted advisor to clients, providing insights and recommendations on the international tax implications of their business operations, investments, and cross-border transactions.

• Research and Analysis: Perform thorough research on international tax laws, regulations, and rulings to ensure compliance and identify potential tax-saving opportunities for clients.

• Collaboration and Communication: Collaborate closely with cross-functional teams, including finance, legal, and operations, to incorporate tax considerations into business initiatives and ensure alignment with overall corporate strategies.

• Client Relationship Management: Foster and maintain strong relationships with clients, delivering exceptional service and proactive communication on tax-related matters.

• Internal Client Relationship Management: Foster and maintain strong relationships with staff and management, delivering clear and constructive feedback and proactive communication on engagements.

• Continuing Education: Keep abreast of emerging trends, developments, and best practices in international taxation through continuous learning and professional development activities.

Basic Qualifications:

• 2-4+ years continuous recent public accounting experience
• Bachelor's or Master's degree in Accounting

• Strong experience with private client services with cross-border operations and investments (personal taxation, trust taxation, estate & gift taxation, charitable taxation, with exposure to partnership taxation and corporate taxation, including State & Local income (SALT)/Franchise tax for multi-state filers).

• Technical knowledge of complex tax issues, particularly with foreign trusts, foreign pensions and CFC attribution analysis and technical knowledge of income and estate tax treaties, totalization agreements, types of visas, international reporting and filings, including PFICs.
• Experience in the review of tax returns for wealthy family members and their trusts, investment entities, and private businesses. Businesses could include Private Equity, Financial Services, Manufacturing, Oil & Gas, Real Estate, Wholesale Distribution, Service, Retail and Restaurants.
• Strong verbal and written communication skills with the ability to articulate complex information and tax laws.
• Proficient use of technology, including but not limited to Microsoft Excel, Microsoft Word, Microsoft PowerPoint, Microsoft Office Suite, Wolters Kluwer CCH Axcess, SurePrep Tax Automation, RIA Checkpoint, Bloomberg BNA, Adobe Acrobat, etc.

Preferred Qualifications:

• CPA, EA, J.D., LL.M. in Taxation and/or Master's in Taxation Accounting (focus in taxation)