What are the responsibilities and job description for the Tax Partner position at Trove?
Overview:
Trove is an administrative financial services company that understands the complex needs of high-net-worth individuals, families and/or their organizations. Trove delivers an array of bespoke, day-to-day, financial solutions to the families and engagements it serves. We have 5 office locations; Boston, MA, New York City, NY, Bryn Mawr, PA, Salt Lake City, UT, & Stamford, CT. Through continued growth we have become the leading independent multi-family office in North America! At Trove we are dedicated to building centers of excellence with a trusted, innovative, and expert team to support our families and engagements. We look for talented people who are motivated, curious, collaborative, and have a passion for delivering the highest quality services with a culture of teamwork. Interested? Read more about the day-to-day responsibilities of our Tax Partner below!
We are seeking an accomplished leader to join our Tax Division as a Partner. This role will be pivotal in driving growth and delivering high-level tax advisory services to our clients. As a Partner, you will lead strategic initiatives, manage complex compliance matters, and provide valuable guidance to both clients and team members. You will have a profound impact on the firms direction, championing innovation, client satisfaction, and team development.
Key Responsibilities:
- Demonstrate deep knowledge of partnership tax structures, compliance for complex arrangements, tax-efficient income allocation, basis adjustments, and planning for partnership formations, mergers, and acquisitions.
- Provide clients with strategic insights on minimizing tax burdens and maximizing the benefits of partnership tax structures.
- Conduct proactive research and experimentation with new tax strategies, introducing forward-thinking solutions to the firm and clients.
- Serve as the lead advisor on intricate tax matters, guiding clients on tax implications tied to their strategic goals and recommending efficient approaches.
- Work alongside internal specialists to deliver holistic client solutions that balance risk management with tax benefits.
Experience with high-net worth individuals and related tax matters.
- Consult on transaction calculations, partner economics, tax distributions, and other events throughout the partnership lifecycle.
- Supervise, mentor, and develop associates and senior associates, fostering a high-performance team culture.
- Act as a firm authority in one or more specialized tax areas (e.g., corporate, property, international, pass-through, R&D tax benefits).
- Lead or participate in annual CPE training sessions to support knowledge-sharing and ongoing professional development within the firm.
Qualifications:
- Minimum of eight years of recent experience in an accounting firm, with a focus on partnership federal and state tax compliance.
- Bachelors degree from an accredited institution.
- CPA, Enrolled Agent, J.D./LL.M., or other relevant credentials. Candidates without an approved credential must obtain one within one year of hire.
- Strong technical aptitude and critical thinking, a commitment to quality service, and proficiency with MS Office and tax reporting software.
- Excellent verbal and written communication skills, with the ability to articulate complex information.
- Must be authorized to work in the United States without current or future visa sponsorship requirements.
