Wealth Management Tax Services Manager

Job Description:

The Wealth Management Tax Services Manager is responsible for all aspects of tax compliance for accounts with the highest complexity, including trusts, estates, foundations, individual retirement accounts, investment partnerships, and individual and gift tax returns. This position will develop and maintain advanced tax planning strategies for our high-net-worth clients and is expected to serve as a significant resource for other staff members, managers, and attorney/trustees. A remote work arrangement is available for this position.

A career at Nixon Peabody is the opportunity to do work that matters. It’s the chance to use your knowledge to shape what’s ahead. To share, to innovate, to learn at a firm that taps the power of collective thinking.

We’ve created a dynamic, energizing environment that promotes success for our clients and each other. We offer fast growth, connectedness and training in business as well as law. And our rigorous standards assure you are part of a diverse team of top talent at every turn.

If you’re someone who’s looking toward the future, we’d love to hear from you.

Location: Boston, MA; Chicago, IL; Manchester, NH; New York City, NY; Providence, RI; Rochester, NY; Washington, DC

• Train, mentor, and supervise tax preparers and administrative staff.
• Manage daily workflow and scheduling to ensure timely completion of all client work.
• Collaborate with management to improve processes, maintain quality standards, and support business growth.
• Build and maintain strong client relationships, handling inquiries and resolving issues promptly.
• Prepare personal returns of the highest complexity, including those with private equity and foreign investments.
• Ability to analyze and anticipate issues and planning opportunities for clients.
• Prepare all levels of fiduciary income tax returns for trusts encompassing those that are highly intricate and specialized. This will include management of an assigned group of accounts.
• Prepare advanced-level estate fiduciary income tax returns and decedent returns working closely with practice group attorneys and paralegals.
• Conduct and oversee a review of an assigned group of fiduciary accounts at periodic intervals throughout the year. Review is done on the tax reporting platform. Review will include transaction data and other account information to ensure appropriate tax treatment.
• Conduct a quarterly review of applicable trust and individual accounts to determine the need for estimated tax payments. Perform calculations, as needed, using appropriate software tools.
• Collaborate with other staff members and adhere to departmental procedures and timelines to prepare tax reporting for an assigned group of fiduciary accounts.
• Peer review of other team members prepared individual tax returns.
• Maintain extremely high accuracy and responsiveness to internal and external clients.
• Prepare and oversee federal and state income tax returns for an assigned group of individual clients. This will include review and analysis of all relevant data, communication with supervisor or client on items in question, completion of returns for client review and signature, estimated tax planning for subsequent tax period.
• Participate in internal and external trainings to enhance knowledge of tax laws and regulations applicable to the group’s practice.
• Support and mentor staff members by sharing knowledge of applicable tax law and tax related software.
• Assist Director, Tax Department in the development, improvement and implementation of processes and procedures.
• Lead tax planning and/or research projects related to assigned client accounts.
• Perform other duties as assigned.
  
  
  

To perform this job successfully, you must be able to perform each essential job responsibility listed above, satisfactorily, with or without reasonable accommodation. Nixon Peabody retains the right to change or assign other duties to this position. The requirements listed below are representative of the skills and abilities required.

• 10 plus years of relevant tax experience, including 4-5 years of experience in a Senior Tax role. Bachelor’s degree in accounting, Finance or other related field required. Master’s degree in taxation preferred. CPA, EA or other similar industry certification (which will allow for representation of client up to exam level) required.
• Experience with WK Axcess Tax, OneSource Trust Tax and BNA planner or WK Accuplanner preferred.
• Ability to research, learn and analyze applicable tax law rules and regulations.
• Strong knowledge of IRS Subchapter J laws and related regulations with the ability to apply these concepts to all aspects of the fiduciary income tax practice.
• Strong communication skills, both verbal and written.
• Ability to work effectively as an individual contributor and as part of a team.
• Ability to manage multiple assignments within a fast paced environment and consistently meet deadlines.
• Strong organizational skills and superior attention to detail.
• Strong computer skills with ability to master new systems quickly.
• Proven leadership or supervisory experience within a tax, accounting, or law firm
  
  
  

Nixon Peabody LLP is an Equal Opportunity / Affirmative Action Employer: Disability / Veteran. Nixon Peabody is committed to creating a fair workplace and does not discriminate against any employee or applicant for employment because of race, creed, color, national origin, sex, age, disability, marital status, sexual orientation, citizenship status, or any other characteristic protected by applicable law.

To comply with Federal law, Nixon Peabody participates in E-Verify. All newly hired employees are verified through this electronic system established by the Department of Homeland Security (DHS) and the Social Security Administration (SSA) to confirm their identity and employment eligibility. Please refer to the Notice of E-Verify Participation and the Right to Work posters on the Nixon Peabody Careers page for more information.

In accordance with applicable Federal and State laws, the anticipated annual salary range for this position, depending on location, is as follows:

• Manchester, NH: $124,000 to $190,850
• Providence, RI: $124,000 to $190,850
• Rochester, NY: $124,000 to $190,850
• Boston, MA: $136,500 to $210,100
• Chicago, IL: $136,500 to $210,100
• Washington, DC: $136,500 to $210,100
• New York, NY: $150,000 to $231,000
  
  
  

In addition to a standard benefits package, this role may be eligible for additional contingent compensation based on an array of factors, including but not limited to: work performance, geographic location, work experience, education, and qualifications. Because such contingent compensation is not yet calculable or may be zero ($0) in some circumstances, the above-listed salary range(s) are Nixon Peabody’s good faith estimate of the annual salary(ies) it reasonably expects to pay for the position at the time of this posting.