Family Office Principal - Tax Manager

Job Description:

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance.

Merrill’s Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America.

Merrill is committed to an in-office culture that supports collaboration, engagement, and career development.  Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Merrill, we empower you to bring your whole self to work. We value the unique perspectives in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different skills and experiences that individuals bring from all backgrounds and careers; whether gained through military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce  and positively impact the communities we serve.

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

Job Description:
The job is responsible for the administration and business development of the Merrill Family Office Services’ (MFOS) ultra-high net worth clients. Key responsibilities include managing complex and multi-tiered levels of ownership and high levels of coordination between family entities. Job expectations include being accountable for the client experience and overseeing the holistic delivery of an integrated and comprehensive package of MFOS products and services in partnership with the Merrill Financial Advisor team.

The Merrill Lynch Family Office is currently seeking a highly motivated Tax Manager. This important role in our growing tax practice includes managing client relationships and deliverable deadlines.  In this role, the candidate will have the opportunity to utilize technical tax, analytical, management and client service skills.

Responsibilities:

• Preparing or reviewing complex tax returns including federal and multi-state returns for high net worth individuals, gift, S corporations, partnerships, trusts and foundations

• Preparing or reviewing income tax projections to determine quarterly tax payments and to address certain life events (e.g., selling a business, divorce, etc.).

• Closely monitoring recent tax legislation and how the law affects each client

• Owning client relationships and work

• Researching tax issues and providing guidance to clients, including responding effectively and timely to client inquiries

• Foster a team environment; demonstrate support of management and decisions and build a positive culture

• Participate in practice development activities that lead to the generation of new business and the opportunities for cross-selling

• Provides quality client service and effective operations support by resolving client issues and analyzing data to address risk issues and trends

• Escalates issues and provides resolution on complex inquiries, requests, and problems related to client concerns

• Documents client interactions and provides team members with time sensitive updates

• Attends client review meetings to capture notes, document in Salesforce, and tracks all actions/activities to ensure the highest level of client service is provided

• Provides advice and assists with training for team members

Required Qualifications:

Successful candidates will have an entrepreneurial spirit and strong analytical skills, in addition to:

• Bachelor’s degree required; CPA or master’s degree in accounting/taxation is preferred

• 5 to 10 years technical tax experience in public accounting or related field

• Demonstrated ability to communicate verbally and in writing, both internally and externally

• Strong working knowledge of tax return preparation, review and processing

• Willingness to roll up sleeves and do what is needed to meet client deadlines and expectations

• Ability to work in a multi-task environment, managing multiple priorities while delivering results

• Proficient in Microsoft Office (Outlook, Word, Excel) and tax & planning software (Thomson Reuters GoSystem, SurePrep, BNA Income Tax Planner)

Skills:

• Client Management

• Client Solutions Advisory

• Customer and Client Focus

• Pipeline Management

• Relationship Building

• Active Listening

• Business Development

• Data and Trend Analysis

• Presentation Skills

• Project Management

• Account Management

• Decision Making

• Oral Communications

• Problem Solving

• Written Communications

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

Hours Per Week: 

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