Senior Tax Manager

A Senior Tax Manager (STM) is an integral part of the Bessemer Trust multi-disciplinary client service team and is a leader in terms of individual contribution and in terms of managing others. The STM’s role is primarily focused on providing planning and compliance services.  They will be managing a list of tax clients consisting of high-net-worth individuals and related family flow-through entities and providing tax consulting services for some Bessemer clients who are not tax clients.

Primary Responsibilities:

• Manage and review the preparation of highly complex 1040s, gift tax returns, and family investment partnership returns, and prepare select complex filings as needed.

• Manages relationships with tax clients and is the primary and main point of contact for a potion of their client list
• Oversees examinations and negotiations with the IRS, state and local tax authorities
• Engages in tax research
• Analyzes, summarizes and provides feedback on proprietary tax strategies
• Reviews prior year tax returns, tax related balance sheet data, qualified retirement plans, and identifies relevant planning strategies to present a personalized report to Bessemer’s non-tax clients and prospects.
• Presents proprietary analysis for clients and prospects in such areas as charitable giving, Roth conversions, social security planning, and estate and gift planning.

Competencies Required:

• Approximately 7+ years of prior work experience with high-net-worth individuals and multigenerational families in public accounting, financial planning, law and/or trust administration
• General knowledge of, and extensive experience with, the calculation and management of income tax compliance and planning as it relates to complex personal income, gift, and flow through entities
• Ability to monitor, prioritize and coordinate workflow of the entire tax service team
• Detail oriented, good mathematical skills, and excellent problem-solving skills.
• Good computer skills and proficiency in Microsoft Word, Outlook and Excel
• Familiarity with tax software programs and BNA Tax Planner 

Personal Characteristics:                                                                                   

• Good interpersonal skills and the ability to deal effectively with a wide range of people
• Highly motivated self-starter
• Excellent organizational skills and the ability to manage multiple priorities against strict deadlines.
• Flexibility to work the hours needed to meet seasonal deadlines.        
• Capable of big picture, future thinking that is needed for leadership in driving business vision and strategy

 Educational Requirements:

• Bachelors’ degree and CPA or EA required
• MBA, MST, CFP, JD or PFS beneficial

The base salary range for this position is $135,000 - $165,000. Actual salaries will vary and will be based on various factors, such as skills, experience, and qualification for the role. In addition, this position may be eligible for a discretionary incentive based on individual and company performance. Eligible employees may participate in a 401 (k) program with a company profit sharing contribution, medical, dental, vision, life insurance and disability coverage and paid holidays, vacation, and sick days.

About Bessemer Trust:

• Bessemer Trust is a family office, overseeing more than $200 billion in assets for over 3,100 individuals and families of substantial wealth. Its more than 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.
• Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.
• Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary minds