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, internal managers, and partners.

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.
• 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 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 the client; involves specialists where appropriate.
• Timely billing including management of identified out-of-scope activity and communication to the 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; applies most Firm and professional standards for preparation of written tax advice and tax returns, involving 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.

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 section 734 & 743, knowledge of section 752 liability allocations, and experience with Targeted Capital Account Agreements and 704(b) and 704(c) allocations.

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

Company Information

BDO USA, P.A. is an EO employer M/F/Veteran/Disability. 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 BDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more!