About the Position
We are seeking a CPA with at least 12+ years of experience from a mid-to-large sized local firm with business accounting and tax experience to join our firm. You will be reviewing and adjusting the accounting prepared by our tax accountants and preparing and reviewing tax returns for Partnership, S-Corporation, Individual, and Trust Tax Returns. Our firm has a broad base of clients in many industries, but the largest concentration is in real estate and experience in this area and partnerships is required.
About Fishman, Block + Diamond (“FBD”)
FBD is a full-service very sophisticated accounting firm that specializes in representing very high net worth individuals and their various businesses with a high concentration in the real estate industry. We do not accept clients that generate less than $25,000 a year in fees and do not accept once a year tax clients. We also do not do bookkeeping work. We specialize in Tax Planning, Tax Services, Trusts & Estates, Accounting and Auditing, Entertainment and Business Management, and Business Advisory and Consulting Services.
Consisting of over thirty employees and six partners, and two principals, we have dedicated ourselves to hiring and retaining the highest caliber of accountants and administrative personnel possible. Our clients and their employees can always count on receiving personal attention and a rapid response.
Unlike many professional firms, our staff members form a team collaborating closely with our clients. We retain our employees and have many that have been with the firm more than 25 years. The devotion to continuity, staying technically proficient and providing the highest quality work possible has allowed FBD to grow into one of the larger firms in Los Angeles.
We do not actively market our firm in any way. The partners spend most of their professional time serving clients. We only grow and maintain our practice through the referral of satisfied clients and their teams of professional advisors. We are truly independent financial advisors. We do not accept commissions or referral fees, and we do not sell any financial services products.
Our firm makes a strong commitment to working with and investing in technology which allows us to promote a work-life balance that enables you to work anywhere and anytime.
About You
You are committed to public accounting, and represent the industry, your colleagues, and your clients with a high degree of integrity and professionalism. You understand and live by the concept of being a “team player,” making sure that collaboration is essential to your success, as well as the success of those you work with.
You love researching and developing solutions and are proactive in coming to management with solutions and efficiencies. “It’s not in my job description” is not part of your professional vocabulary, and you are flexible enough to manage different projects at the same time. You are hardworking and most importantly, a self-directed and self-managed professional. However, we stress a reasonable work-life balance and are extremely flexible as to how and where the work gets done.
Job Responsibilities:
- Prepare complex real estate partnership returns.
- Review accounting, workpapers, and tax returns, including partnership, S corporation, C corporation, trust, and individual (1040) returns.
- Conduct detailed reviews with occasional preparation work as needed.
- Manage client relationships, including client groups with multiple entities (up to 100+).
- Provide direct client contact and develop tailored solutions for client needs.
- Oversee and train staff, assisting with technical development and mentoring.
- Apply advanced knowledge of multi-state tax issues, 1031 exchanges, 163(j) limitations, Qualified Business Income (QBI) deductions, 704(b) target allocation rules, allocation of non-recourse debt, 754 step-ups, and cost segregation studies.
- Provide tax planning and manage special projects requiring analysis, judgment, and creative thinking.
- Handle federal and state tax audits and assist with tax controversy matters.
- Maintain expertise in multi-state tax and foreign compliance policies, ensuring adherence to relevant regulations.
- Assist in preparing firm memos and technical documentation.
- Keep up with industry best practices and tax law updates.
- Support the development of staff through structured training programs.
- Lead and execute other tax-related projects as they arise.
Knowledge, Skills, and Qualifications:
- A college degree in accounting or a similar field is required.
- Candidates must hold a Certified Public Accountant (CPA) designation.
- A minimum of 12+ years of experience in public accounting is required, with a strong preference for candidates from a mid-to-large-sized local firm.
- The candidate must have experience with partnership tax matters, including capital account maintenance under the 704(b) regulations, 1031 exchanges, 754 elections, Section 163(j), 199A, and Pass-Through Entity Tax (PTET).
- Multi-state tax experience is required, and international tax experience is considered a plus.
- Proficiency in Excel and experience working in a paperless office environment are essential.
- Familiarity with software such as Lacerte, QuickBooks, and CCH Engagement is desirable.
Compensation & Benefits:
- Salary is commensurate with experience.
- You will be paid overtime for all hours worked in excess of 40 hours per week.
- Ability to work from home, we will be providing a computer for home use.
- This position is eligible for annual bonuses depending on firm profitability and individual & team performance – baseline bonus is equal to 50% of tax season overtime.
- 401(k) Retirement plan with employer contribution of 3% of wages.
- Generous Paid Time Off program.
- Company subsidized health and dental Insurance.
Fishman, Block + Diamond LLP is an Equal Opportunity Employer.