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 as well as 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 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.
• 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, identifies when research is needed, clearly and concisely frames issues to be researched and clearly and concisely reports the analysis.
• 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.

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.

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, 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. BDO offers a comprehensive benefits package that includes:

• Qualified Retirement Plan (ESOP)
• Flexible Work Arrangements
• Professional Development Opportunities
• Employee Assistance Program
• Health and Wellness Programs
• Retirement Savings Plan
• Generous Paid Time Off
• Employee Discounts
• Employee Recognition Programs
• Community Engagement Initiatives
• Work-Life Balance Initiatives

BDO is 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. We empower team members to explore their full potential, celebrate 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, and offer a comprehensive benefits package that encompasses so much more than traditional "benefits."

We are an Equal Opportunity Employer, including disability/vets. Click here to find out more!