Tax Manager, Private Client & Family Office Services

Overview

The Tax Manager, Private Client & Family Office Services is responsible for managing the full life cycle of assigned finance and accounting outsource engagements. This includes proposal development, staff assignment and oversight, final work product review, and overall portfolio financial performance. The role also involves client relationship management, including regular meetings with clients and assigned staff, financial reporting, financial management recommendations, timely billing, and resolution of client issues.

This position requires applying tax knowledge to identify potential tax issues, communicate risks, and stay informed of tax policy changes. The manager will also participate in marketing, networking, and business development within their area of expertise and may provide written tax advice to clients.

Responsibilities

Client Service Delivery

• Manage all phases of assigned engagements, providing technical expertise in finance and accounting functions.
• Perform complete general ledger reconciliations, including balance sheet accounts.
• Create accounting records such as bill payments, client invoices, and payroll.
• Identify and record necessary adjustments.
• Produce accurate financial statements and provide financial analysis.
• Understand and evaluate client technology packages supporting accounting/finance functions.
• Facilitate discovery meetings with clients to understand objectives and financial information needs.
• Design integrated solutions tailored to client situations and coordinate internally for approval.
• Determine costs and benefits of client solutions and propose fixed fees for engagements.
• Formulate recommendations on technical accounting issues, financial policies, and management.
• Review solutions periodically to ensure alignment with client business needs.
• Manage conflict proactively and support clients through business changes.
• Gather and organize necessary client information for engagements.
• Develop and maintain strong business relationships with clients.
• Understand tax planning considerations for various business entities and refer tax matters appropriately.

Business Development

• Learn business development strategies and service offerings targeted to various industries.
• Enter prospect and sales information into CRM systems.
• Recommend and design client solutions.
• Evaluate clients for acceptance and develop statements of work with leadership support.
• Engage with industry teams and participate in trade groups and networking events.
• Identify new opportunities with existing clients and communicate them to leadership.
• Articulate service offerings and value propositions to clients and prospects.

Developing Others

• Foster a culture embracing change and accountability.
• Identify staff development needs in analytics and forecasting.
• Train Senior Associates and Associates on relevant software, processes, and resources.
• Act as a Career Advisor and provide performance evaluations and feedback.
• Participate in recruiting and onboarding efforts.
• Serve as a resource for team members, developing knowledge of finance, accounting, technology, and tax planning.

Project Management

• Create work plans following project management best practices.
• Bill engagements timely and contribute to economic management such as forecasting and monitoring.
• Scope new projects and construct fee estimates and budgets.
• Identify resource requirements and develop transition plans.
• Oversee client satisfaction with work quality and engagement performance.
• Ensure timely billing and resolve client billing issues.

Tax Related Duties

• Conduct research by framing issues clearly and reporting analyses concisely.
• Apply firm and professional standards for tax return preparation.
• Involve firm specialists as appropriate.
• Develop strategies to improve client positions, reduce taxes or expenses, and provide non-tax benefits.
• Leverage lessons learned to improve processes and methods.

Other Duties

• Travel up to 20% of the time.
• Perform other duties as required.

Supervisory Responsibilities

• Supervise associates and senior associates on projects.
• Review work and provide feedback.
• Train team members on software tools.
• Manage workload and schedules.
• Provide verbal and written performance feedback.

Qualifications

Education

• Bachelor’s degree in Accounting or Finance preferred with six or more years of general accounting experience; OR
• Seven or more years of general accounting experience with some supervisory and consultative or business advisory experience without a degree.
• MBA or relevant advanced degree (e.g., Masters in Accountancy) preferred.

Experience

• Two or more years of supervisory experience preferred.
• Experience with outsourced and/or delivery center operations preferred.
• Consultative or business advisory experience preferred.

Licenses/Certifications

• CPA certification preferred.

Software Skills

• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) required.
• Experience with accounting software such as QuickBooks Online, Microsoft NAV, Bill.com preferred.
• Experience with accounting research tools preferred.
• Familiarity with SEI Archway and Qvinchi preferred.

Other Skills and Abilities

• Excellent verbal and written communication skills.
• Understanding of finance and accounting functions and best practices.
• Knowledge of business imperatives such as data security and internal controls.
• Ability to present confidently to all management levels.
• Strong analytical and research skills.
• Knowledge of GAAP, tax, financial statement presentation, and report writing.
• Strong organizational skills and ability to meet deadlines.
• Ability to manage multiple projects simultaneously.
• Ability to act as primary contact and manage a team effectively.
• Ability to build and maintain strong relationships internally and with clients.
• Ability to travel up to 25% of the time.

Compensation

Salary ranges vary by location and candidate qualifications:

• National Range: $90,000 - $125,000
• Colorado: $95,000 - $125,000
• Maryland: $113,000 - $120,000
• Massachusetts: $120,000 - $127,000
• New Jersey: $115,000 - $140,000
• NYC/Long Island/Westchester: $125,000 - $150,000
• Washington DC: $120,000 - $140,000

Individual salaries are determined based on qualifications, experience, skills, and geography.

Location

Multiple locations across the United States; travel up to 20-25% required.