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Job Summary: An Experienced Manager in BDO's Partnerships group, is responsible for advising clients on the tax implications of their business objectives and various partnership specific items including but not limited to section 704(b) and taxable income allocations, capital account maintenance, liability analysis and allocations, section 734(b) and 743(b) adjustment calculations and Tax Receivable Agreement (TRA) calculations. In this role the Partnerships Experienced Manager applies their knowledge and experience to understand potential partnership taxation issues and assists in the preparation of partnership specific computations. The Experienced Manager is key to the leadership team of the Partnership Practice and actively participates in the development of the group. In addition, the Partnerships Experienced Manager is an active participant in process improvement and team-building initiatives, maintains client relationships, and acts as a source of guidance to other team members. Job Duties: Tax Specialization
- Maintains and develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation
Research
- Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis
- Identifies complex issues to be researched by the engagement team and provides research methodology for an efficient research process
- Trains associates and senior associates on research skills and helps to appropriately frame tax issues for analysis
- Involves firm specialists, as appropriate
Tax Consulting
- Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients' current and future taxes
- Applies the combination of tax knowledge and knowledge of business/industry to recommend solutions
- Maximizes client benefits, especially by decreasing client taxes, while managing risk
- Implements applicable Firm strategies
- Manages client expectations
Tax Specialization
- Develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation
- May be required to participate in organizing and conducting, effective external CPE training sessions in area of specialization, involving Firm specialists, at a minimum of once per year
- Other duties as required
Supervisory Responsibilities:
- Supervises associates and senior associates on all projects
- Reviews work prepared by associates and senior associates and provides review comments
- Trains associates and senior associates on 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
- Trains and mentors' associates, senior associates, and managers
- Provides verbal and written performance feedback to associates and senior associates and managers
Qualifications, Knowledge, Skills, and Abilities: Education:
- Bachelor's Degree, required; focus in Accounting, Finance, Economics, or Statistics, preferred
- Master's Degree in Accountancy or Taxation, preferred
Experience:
- Six(6) or more years of prior relevant tax experience and/or public accounting, private industry accounting, or consulting/professional services experience, required
- Specialized partnership experience, required
- Prior supervisory experience, preferred
- Private equity experience, both fund and portfolio company levels, preferred
License/Certifications:
- CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent ("EA") (or the equivalent of one of these designations), preferred
- Possession of other professional degrees or certifications applicable to role, preferred
Software:
- Proficient with the Microsoft Office Suite, preferred
- Experience with tax research databases and tax compliance process software, preferred
Other Knowledge, Skills, & Abilities:
- Superior verbal and written communication skills
- Ability to effectively delegate work as needed
- Strong analytical, research and critical thinking skills as well as decision-making skills
- Ability to work well in a team environment
- Ability to develop and manage a team of tax professionals
- Ability to effectively develop and maintain client relationships
- Solid organizational skills, especially ability to meet project deadlines with a focus on details
- Ability to successfully multi-task while working independently and within a group environment
- Ability to work in a deadline-driven environment and handle multiple projects simultaneously
- Ability to build and maintain strong relationships with firm and client personnel and the ability to successfully interact with professionals at all levels
- Ability to cultivate a positive team environment on engagements and contribute to the professional development of team personnel
- Executive presence and ability to act as primary contact on assigned engagements
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography. National Range: $94,500 - $189,000 Maryland Range: $94,500 - $189,000 NYC/Long Island/Westchester Range: $94,500 - $189,000 Washington DC Range: $94,500 - $189,000
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