Private Aviation Operations Specialist

Job Description

Tri Star Sports and Entertainment Group is a renowned business management firm serving high net-worth clients in the sports and entertainment industry. Tri Star provides comprehensive financial and advisory services including accounting, tax, tour management and wealth preservation strategy. We foster a culture of professionals who are committed to super serving our clients and their trusted advisors. Tri Star seeks to employ innovative methods to provide the highest level of accounting and business management services. We create a financial foundation and path to sustain growth and stability which allows our clients to focus on their fullest professional and personal goals.

Position Summary

This position requires a highly organized individual who possesses strong initiative and has the ability to complete multiple projects in a deadline driven environment. This individual must be able to communicate effectively and understands the need to work in an integrated manner with other members of the department in furtherance of goals, objectives, and knowledge.

Job Essentials, Responsibilities, Duties

Provide clients with superior customer service and assist in problem resolution.

Process and monitor necessary tax documentation and applications.

Maintain up to date knowledge of tax trends, specifically relating to tax rules for airline expenses.

Collaborate with the business management and family office team to support various tasks relating to tax and asset management.

Keep meticulous records of flights and expenses related to business activities on behalf of clients.

Calculate eligible depreciation amounts and ensure compliance with the IRS guidelines.

Inform tax accountants of FET rates and indirect tax as it relates to private jets.

Identify eligible activities and expenses that qualify for federal tax credits from private jet owners.

Research the availability of state tax credits on behalf of clients.

Conduct market research and analyze aviation data and trends to monitor aircraft market values, listings, and sales to identify trends and opportunities.

Maintain accuracy of data in the aircraft values database.

Regularly share market insights as it relates to private jet transactions.

Examine FAA documents for aircraft ownership and transaction history.

Contribute to client deliverables such as providing presentations, reports, comparisons, financial models, and tax credits.

Identify potential business expenses and tax deduction opportunities on behalf of clients.

Liaise with third party private jet companies, pilots, and/or staff on behalf of clients, as directed.

Ensure Broker Rules compliance, adhering to DOT regulations on behalf of clients.

Remain well-versed on Standard Industry Fare Levels (SIFL)

Specific Job Knowledge, Skills, and Abilities:

Strong written and verbal communication skills with the ability to interact across the organization.

Extremely detail-oriented to create accurate and timely reports.

Strong work ethic with a positive attitude & a fit with the company’s culture & values.

Qualifications:

Ability to reliably commute and report to the Tri Star office.

Previous experience providing tax services in the asset management or private jet industries, required.

BS in Accounting, Finance, or related field highly preferred.

Experience using CCH, QuickBooks and Excel required.

What We Offer:

A collaborative, team oriented working environment

Exposure to unique projects in a variety of industries

Opportunities to contribute ideas and propose solutions alongside industry leading experts

Competitive salary and benefits

Encouraged work/life balance, including generous time off policies

At Tri Star, you will have the opportunity to work in fast-paced, ever evolving environment with dedicated professionals. As an integral part of our team, you help drive the company’s success and help bring our client’s vision to life, while having support to develop your skillset and grow professionally. If you thrive in high-pressure situations and are passionate about providing white glove service to clients, we would love to hear from you.

Tri Star Core Values:

PERFORMANCE: We provide clients with excellent reporting and service

HONESTY & INTEGRITY: We are transparent and accountable, always being truthful to staff and clients

TEAMWORK: We actively participate in group discussions, tasks, and projects

COMMITMENT: We are dedicated to our roles within Tri Star, the core values of the firm and the clients

TECHNOLOGY: We seek to capitalize on innovative technologies and contribute to positive change in the firm

This job description is not intended to be a comprehensive list of all requirements of this position

Full-time