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 and internal managers.
• Writes up 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 compliance with Firm policies and the BDO Tax Quality Manual ("TQM"). Conducts top-level review of tax accruals and resolves all tax issues with clients. Communicates any issues identified in tax accrual reviews with clients and reviews the tax process and procedures.
• Billing and collections: Manages timely billing and collection of accounts receivable, and schedules and manages workload of associates and senior associates.
• Strategic development: Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, such as 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, required. CPA certification, required. Knowledge of subchapter K of the Internal Revenue Code of 1986 as amended, knowledge of 704(b) and 704(c) capital and tax account maintenance, knowledge of section 734 and 743 basis adjustments, and experience with optional basis adjustments under sections 734 & 743.

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.

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. BDO offers a competitive compensation package, including a Qualified Retirement Plan (ESOP), which allows employees to share in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being.

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
Washington Range: $95,000 - $125,000
Washington DC Range: $120,000 - $140,000

Schedule

Full-time position.