What are the responsibilities and job description for the Tax Director position at Ark Financial, LLC?
Tax Director
The Tax Director is responsible for guiding and overseeing the financial and strategic planning for multiple entrepreneurial families. The candidate will provide expertise to families who have yet to experience wealth transition and are still actively involved in their primary businesses. This pivotal role requires an adept understanding of wealth management, business operations, and the unique challenges facing active entrepreneurs.
Ark Financial
The Ark Financial Mission is to Glorify God and transform the financial industry by serving clients better. While most financial service firms provide monolithic financial solutions based on their in-house products, heritage models, and shrouded information, Ark was formed with transparency, advocacy, and innovation at the core. We believe every family lives more abundantly with a Family Office, and so we have set out to bring the Family Office to every family in the world. A Family Office is more successful at driving towards a family’s goals and objectives because it can successfully coordinate across multiple disciplines, including finance, tax, legal, insurance, and good old-fashioned organization.
Ark Financial Vision
Our vision is that one day everyone will have a family office.
Key Responsibilities :
- Strategic Planning & Governance :
Develop tailored strategies for wealth preservation and growth, respecting each family's unique dynamics and entrepreneurial background.
Oversee the portfolios of multiple families, ensuring diversification and alignment with individual financial and business goals.
Implement strategies for financial risk mitigation, especially considering the business exposures of each family.
Implement operational standards across different family offices for consistent reporting and security.
Facilitate educational programs tailored to first-generation wealth holders.
Cultivate relationships with each family, understanding their unique needs and business engagements.
Guide families in their philanthropic endeavors, recognizing the values of first-generation wealth holders.
Ensure compliance across different family financial activities, considering the business engagements of the entrepreneurs.
Prepare for unforeseen financial or business crises, tailored to the complexities of active businesses.
Oversee the hiring and training of staff across different family offices.
Bachelor's degree in finance, Business Administration, Accounting, or a related field required.
Minimum of 10 years of experience in wealth management, family office services, or financial advisory roles.
In-depth understanding of estate planning, tax strategies, and succession planning for high-net-worth families.
Exceptional interpersonal and communication skills, with the ability to build trust and manage sensitive family and business dynamics.
Compensation :
With a full client load, this model projects an average annual income in the range of $250,000–$350,000. While you are building your client load, you will have access to a monthly recoverable draw. Best of all, there is no income cap or ceiling on your earning potential—candidates have the freedom to grow their book of business as large as they desire, maximizing both their impact and income.
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Salary : $250,000 - $350,000