Remote Tax Senior Associate

Position: (Remote) Tax Senior Associate
Firm

Description:


Geometric provides comprehensive financial planning for executives and partners in management consulting, finance, and other demanding careers. We specialize in serving partners at top-tier management consulting firms (Bain, BCG, and McKinsey).

Launched in 2015, Geometric is a fast-growing, independent firm with 32 people on our team (including seven Wealth Advisors) and with clients nationwide. Unlike most firms that cater to those in or near retirement, Geometric was designed specifically for (very) high-earners who are accumulating wealth at an accelerated pace and whose financial pictures are becoming increasingly complex. Our clients have rare analytical abilities and high professional expectations.

Most are between 32- and 45-years-old, and many have young children.

Our offering includes three main services, all of which are bundled into a single wealth management fee and provided to essentially all clients:

• Financial Planning. We help our clients define their financial goals and we build comprehensive net worth projections to ensure that they are on track to achieve them, along with scenario analyses to understand the implications of career and lifestyle choices. This process also includes proactively optimizing the client's insurance coverage, estate planning, debt management, employee benefits, college savings, charitable giving, and any other material financial decision.
• Portfolio Management. Our firm's investment philosophy is central to our identity: we believe that markets are efficient, and therefore we don't attempt to pick individual securities or time the market. Instead, we invest in low-cost, broadly-diversified, tax-efficient portfolios of passively-managed mutual funds and ETFs (such as those offered by Dimensional Fund Advisors or Vanguard), and we continuously manage portfolios in an effort to squeeze out every possible basis point from tax location, tax loss harvesting, rebalancing, etc.
• Tax Services. Our in-house, fully-integrated tax team prepares and files our clients' tax returns and provides ongoing tax planning and consultation.

To learn more, please visit our website at

Job Description:
We seek a Tax Senior Associate to join the Tax team  Tax Senior Associate will work alongside our current Tax team (two Tax Advisors and two Tax Senior Associates) and collaborate with our Wealth Advisors and Financial Planning team to serve our approximately 250 (and growing quickly) client families. Tax services are a critical part of our client value proposition (tax services are bundled into our core offering and provided to essentially all clients) and this role presents an opportunity to help build the Tax team and advance quickly within a high growth environment.

Responsibilities:

• Work closely with the Tax team and Wealth Advisors to meet our clients' holistic financial planning needs by contributing to the tax services that we provide, as described below.
• Tax compliance:
  • Prepare and review federal and state returns (as well as any associated gift tax returns, trust returns, etc.) for our clients. Note that we have clients all over the country, and many of our clients work in multiple states throughout the year, so a basic understanding of differing state tax law will be necessary.
  • Periodically assess the need for quarterly estimated tax payments and ensure that all necessary payments are made by our clients
  • Assist clients with any tax letters, notices, and audits, which includes drafting responses and communicating with the IRS and various state Departments of Revenue.
  • Assess implications of US international tax reporting (including forms FinCEN 114, 8938, and 1116) for our foreign clients living in the US who have foreign bank accounts, assets, and income.
• Tax planning/consulting:
  • Collaborate with Tax Advisors to produce and review tax projections and tax planning for a subset of our clients (e.g., clients with stock-based compensation, self-employed clients with fluctuating cashflows, and clients with multiple sources of income).
  • Perform and review wage and withholding analyses to help clients achieve their preferred level of tax withholding, and help them to…