The Tax Advisor is responsible for comprehensive, tax return preparation for an assignment of individual, fiduciary, and foundation tax clients. This position also assists with department-wide initiatives related to tax analysis and planning for clients. This position handles confidential information, while maintaining a high level of client contact. Integrity, discretion, and respect for confidential information are absolutely essential.
Responsibilities
Prepare complex tax returns for individual clients with high net worth.
Review tax returns prepared by colleagues to ensure quality processing.
Preparation of Foundation 990-PF returns.
Meet with clients and Trustees to present financial and tax planning strategies.
Analyze and process quarterly estimated tax payments for assigned individual and fiduciary accounts.
Identify and collaborate with team members on taxable events that may have legal implications.
Work with the Tax Department Team to develop, implement and oversee department-wide initiatives.
Work with Trustees and Tax Department Team to identify tax planning opportunities for individuals and families.
Partner with other teams throughout the office, including General Counsel and Trust Administration, to ensure tax planning initiatives are comprehensive and compliant.
Utilize a variety of software applications related to tax research, planning and preparation including: BNA, Profx, & OneSource.
Work with members of the Tax Team, Business Analysts and Application Developers to utilize the most effective technology and work flow processes.
Education, Experience & Qualifications
Bachelor's or Masters' Degree in business or accounting concentration and/or Taxation and/or Certified Financial Planning required.
Minimum 7 years' experience in individual & fiduciary tax return production environment.
Minimum 5 years' experience in direct individual client environment involving financial planning and analysis.
Current, high level of knowledge about individual,gift and fiduciary tax matters.
Experience with fiduciary and estate tax returns preferred.
Solid understanding of Investment Management concepts.
Experience with OnceSource Software is a plus.
Skills
Excellent analytical, interpersonal, communication and presentation skills.
Must be able to learn new concepts within a complex and demanding environment.
Perform well in a deadline-oriented environment.
Must be willing and able to "own" the process and take responsibility for meeting challenging deadlines. This will require flexibility in hours from time to time, with little or no advance notice.
Have both a strong work ethic and a sense of "getting it right".
Solid customer service skills.
Have a "can do" attitude and be willing to do whatever it takes, consistent with the expectations for everyone else in the office.
Reporting & Classification
The Tax Advisor will report to the Head of Tax. This is an exempt position and is required to work Monday through Friday. It may necessitate flexibility in hours, from time to time, with little or no advance notice.
Work Location
The Tax Advisor will be required to work from our Boston, MA office three (3) days per week, with the option to work remotely two (2) days per week with manager approval. Remote work eligibility and in-office work requirements are subject to change and are evaluated as part of the firm's Remote Workplace Program.
This job description does not constitute an employment agreement between the employer and employee, and is subject to change by the employer, as the needs of the employer and requirements of the job change.
Notice to Employment Agencies: Employment agencies are an important component to our talent acquisition strategy, and we value the partnerships we have built with our preferred vendors. We will not accept unsolicited resumes from employment agencies for any employment opportunity. All resumes submitted by search firms directly to employees or hiring managers at Loring, Wolcott & Coolidge Trust in any form without a signed Employment Agency Agreement on file and search engagement for that position, will be deemed unsolicited in nature, and no fee will be paid in the event the candidate is hired as a result of the referral or through other means.