Partnership Manager, Tax

About the role

The Partnership Manager, Tax is responsible for providing tax and consulting services to our Pass-Through clients. This includes performing tax planning, preparation, and research, managing client engagements, supervising and reviewing work of team staff members, and working closely with clients and internal managers.

Responsibilities

• Performs tax planning, preparation, and research for Pass-Through businesses, manages client engagements, supervises and reviews work of team staff members, and works closely with clients as well as internal managers and partners.
• Performs write-up of books and records for the business and composes written tax advice or responses to IRS inquiries.
• Demonstrates an understanding of tax concepts and actively pursues increased tax knowledge through client assignments and current tax developments.
• Tax Compliance: Ensures clients comply with all applicable authorities while minimizing their tax and reporting burdens, and ensures self and client service teams comply with Firm policies and the BDO Tax Quality Manual.
• Conducts top-level review of tax accruals and resolves all tax issues with clients; involves specialists where appropriate.
• Communicates any issues identified in tax accrual reviews with clients and reviews the tax process and procedures 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, and manages client relationships/expectations in accordance with the project.
• Provides advice to clients in a timely manner.
• 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, involving firm specialists where appropriate.
• Develops and introduces 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.

Requirements

• 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.
• CPA certification.
• Proficient in Microsoft Office Suite.

Qualifications

• Bachelor's degree in Accounting or other relevant field, required.
• Masters degree in Taxation, preferred.

Skills

• Detail-oriented.
• Excellent written and verbal communication skills.
• Ability to work independently and in a team environment.
• 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, and knowledge of section 752 liability allocations.

Benefits

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. Benefits may be subject to eligibility requirements.

Pay

California Range: $110,000 - $150,000
Colorado Range: $95,000 - $130,000
Illinois Range: $105,000 - $130,000
Maryland Range: $113,000 - $120,000
Massachusetts Range: $120,000 - $130,000
Minnesota Range: $90,000 - $120,000
New Jersey Range: $115,000 - $140,000
NYC/Long Island/Westchester Range: $125,000 - $155,000
Ohio Range: $105,000 - $150,000
Washington Range: $95,000 - $125,000
Washington DC Range: $120,000 - $140,000

Schedule

Not specified

Company Information

BDO is a leading accounting and advisory firm with a focus on middle market leaders. We are committed to delivering exceptional experiences to our clients and empowering our team members to explore their full potential. BDO is proud to be an ESOP company, which reflects a culture that puts people first, by sharing financially in our growth in value with our U.S. team. We are dedicated to helping people thrive every day and making a positive impact in the world. BDO offers a comprehensive range of services, including assurance, tax, and advisory services, and operates in over 160 countries globally. We are committed to diversity and inclusion, and we strive to create a welcoming environment for all our employees and clients.