Tax Management Associate

Empowering Financial Futures. For more than 65 years, Glenmede’s independent ownership, innovation and unwavering commitment to our clients have made us a trusted partner for private wealth, endowment & foundation, and investment management clients.

Our people are invaluable. Through a team-oriented environment, your knowledge, expertise and varied backgrounds contribute to thoughtful innovation. Our culture fosters opportunities for continuous career growth and development in all areas of the organization. Working at Glenmede, you will experience the infrastructure and resources of a large firm combined with the client and employee focus of an independently owned boutique.

Private Wealth:
Empowering the confident pursuit of purpose, passions and legacy through integrated wealth management. To us, wealth is not static or one-dimensional. The complexities of wealth management require an integrated approach to anticipating, understanding and addressing unique client circumstances.  Our team of experts partners with every client to personalize solutions that lead to exceptional outcomes.  Our success is determined by the success of our clients.

This position will operate in a hybrid work environment, 1 day per week in the office, Philadelphia, PA (3-4 days in the office during busy times). OVERVIEW:

The primary function of the Management Associate is to assist and support the Tax Director and Fiduciary Tax Manager with daily management of the Fiduciary Tax Outsource engagement, tax and account administration, compliance requirements, and other functions as required to ensure excellent relationships with clients and business partners and success with firm wide initiatives.

RESPONSIBILITIES:

Relationship Management and Client Service. Independently handle certain complex to moderately complex client (internal and/or external clients) inquiries as part of the Tax team. Respond to client requests or proactively identify potential issues in the normal course of business, undertake research or take needed action to resolve (with guidance from senior officers where appropriate) and keep all relevant parties informed. Respond to situations that arise when other team members are out of the office.

Act as initial point of contact for client and internal communications, manage information flow, prioritize needs, assist with and draft communications, as required. Coordinate with investment, Private Wealth, E&F or other departments to ensure deadlines are met.

Outsource Engagement Administration. Develop a strong knowledge of administrative, tax, and IRS filing aspects of fiduciary accounts, including functions, policies, procedures, and best practices related to the daily management of the Fiduciary Tax Outsource engagement. Develop key knowledge of support systems underlying such accounts. (Global Plus, Salesforce, One Source and Advisor Connect). Become a subject matter expert on all aspects of basic tax duties including check requests, EFTPS payments, routine and semi-complex client requests and any other functions essential to the basic management of client accounts and demonstrate the ability to perform all duties without oversight.

Coordinate with Private Wealth and other internal/external business partners until transactions or matters are resolved to full completion.

Complex Analysis, Intermediate Tax Reporting Preparation and Project Initiatives. Become familiar with fiduciary tax preparation to assist tax advisors with client tax matters. Review and maintain One Source data for specific transaction types. Implement client elections for paperless tax reporting on One Source. Participate in special projects and firm-wide initiatives to foster understanding of multidisciplinary wealth management…