Address
Form of workJob Duties:
- Performs tax planning, preparation and research for Pass-Through business, manages client engagements, supervises and reviews work of team staff members, works closely with clients as well as internal managers and partners
- Performs write-up of books and records for the business as well as composes written tax advice or responses to IRS inquiries
- Contributes to client satisfaction by providing timely services and work product
- Demonstrates an understanding of tax concepts and actively pursues increased tax knowledge through client assignments and current tax developments
Tax Compliance
- Ensures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual ("TQM")
- Conducts top level review of T/R and resolves all tax issues with client; involves specialists where appropriate
- Communicates any issues identified in tax accrual reviews with client and Assurance
- Plans and reviews the tax process and the procedures to be performed to include:
- Budgeting and staffing
- Monitoring engagement process and actual time incurred vs. budget with assistance of Senior
- Timely billing including management of identified out-of-scope activity and communication to client
- Timely collection of A/R
- Manages client relationships/expectations in accordance with the project
- Provides advice to clients in a timely manner
Research
- Identifies when research is needed; clearly and concisely frames issues to be researched and clearly and concisely reports the analysis
- Applies most Firm and professional standards for preparation of written tax advice and tax returns
- Involves firm specialists where appropriate
Strategy Development
- Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits
- Reviews studies of tax implications and offers clients alternative courses of action
- Identifies and leverages lessons learned on prior projects, and offers input on how to improve processes and methods
Other duties as required
Supervisory Responsibilities:
- Responsible for building a team of professionals by training and working together to serve our high net worth clients with timely responses to their needs
- Supervises associates and senior associates on all projects
- Reviews work prepared by associates and senior associates and provides review comments
- Trains Associates and Seniors how to use all current software tools
- Acts as a Career Advisor to associates and senior associates
- Schedules and manages workload of associates and senior associates
- Provides verbal and written performance feedback to associates and senior associates
Qualifications, Knowledge, Skills and Abilities:
Education:
- Bachelors degree in Accounting or other relevant field, required
- Masters degree in Taxation, preferred
Experience:
- Five (5) plus years of public accounting experience working in the private client area, i.e. working on individual, estate, partnership, S-corporation, trust, and private foundation tax/consulting clients, required
License/Certifications:
- CPA certification, required
Software:
- Proficient in Microsoft Office Suite
Language:
- N/A
Other Knowledge, Skills & Abilities:
- Detailed oriented
- Excellent written and verbal communication skills
- Ability to work independently and in a team environment
- Ability to effectively delegate work as needed
- Strong analytical, research and critical thinking skills as well as decision-making skills
- Capable of developing and managing a team of tax professionals
- Capable of effectively developing and maintaining client relationships
- Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients
- Advanced knowledge and experience with subchapter K of the Internal Revenue Code of 1986 as amended
- Working knowledge of and experience working with Targeted Capital Account Agreements
- 704(b) Capital & Tax Capital account maintenance
- 704(c) allocations
- Knowledge of optional basis adjustments under sections 734 & 743
- Knowledge of section 752 liability allocations
About Us
Join us at BDO, where you will find more than a career, you'll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world.
At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.
BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm's success, with no employee contributions.
We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on:
- Welcoming diverse perspectives and understanding the experience of our professionals and clients
- Empowering team members to explore their full potential
- Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities
- Celebrating ingenuity and innovation to transform our business and help our clients transform theirs
- Focus on resilience and sustainability to positively impact our people, clients, and communities
*Benefits may be subject to eligibility requirements.
Equal Opportunity Employer, including disability/vets
