Tax Managing Director, Core Tax Services

About the Role

The Tax Managing Director applies industry-specific knowledge to advise clients on tax implications of business objectives, evaluates and selects alternative actions to lessen tax burden and cost of compliance, and identifies methods of complying with tax regulations while acting as the primary client contact for complex tax issues. This role applies knowledge to understand potential tax issues, recognizes and communicates potential risks and changes in tax policy, and makes top-level decisions regarding filing, preparation, and resolution of questions from federal/state agencies. The Tax Managing Director is also a critical member of the office/region leadership team, involved in direct supervision as either a final or secondary reviewer under the partner, and actively participates in marketing, networking, and business development within an area of expertise while maintaining client relationships.

Responsibilities

• Ensures clients comply with all applicable authorities while minimizing tax and reporting burdens, and ensures self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (TQM)
• Manages engagements to achieve engagement management metrics
• Practices hands-on client service delivery
• Responsible for overall client service by encouraging team's adherence to TQM policies (including engagement letters, documentation, etc.)
• Identifies when research is needed; frames issues to be researched clearly and concisely; reports analysis clearly and concisely
• Identifies complex issues to be researched by engagement team and provides research methodology for efficient research process
• Serves as technical reviewer of WTAs in an area of expertise, as applicable to role
• Correctly and proactively applies Firm policies, standards, and TQM regarding FAS 109 and FIN 48
• Applies technical expertise regarding income tax provisions in the area of international tax, valuation allowance credits, business combinations, and stock based compensation issues
• Reviews and applies income tax provision efficiently
• Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients' current and future taxes
• Applies expert knowledge of combining tax knowledge and business/industry knowledge to recommend solutions and maximize results
• Applies general knowledge of multiple tax specialties (International, SALT, Estate Planning) for issue identification and resolution
• Develops in-depth understanding of technical and practical issues and opportunities regarding one or more areas of taxation (e.g., individual, corporate, property, sales, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, R&D tax benefits)
• Has expert knowledge of application of standards; recognized as industry expert in specialized field of taxation
• Uses expertise to advise clients on tax implications, recommend alternative courses of action, and identify different methods of compliance
• Introduces and develops new or improved ideas to improve client, Firm, or personnel positions by reducing taxes or expenses or providing non-tax benefits
• May be required to present complex strategies to clients and prospective clients
• Performs other duties as required

Supervisory Responsibilities

• Ability to supervise associates, senior associates, and managers as situation dictates
• Reviews work prepared by associates and senior associates and provides review comments
• Acts as a Career Advisor to associates, senior associates, and managers
• Schedules and manages workload of associates, senior associates, and managers
• Provides verbal and written performance feedback to associates, senior associates, and managers

Qualifications

• Bachelor's degree required; major in Accounting, Finance, Economics or Statistics preferred
• Master's in Accountancy or Taxation preferred
• Ten (10) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience required
• Industry expertise in one or more tax specialty preferred
• Prior supervisory experience required
• CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent (EA) (or equivalent) required
• Possession of other professional degrees or certifications applicable to role preferred
• Proficient with Microsoft Office Suite preferred
• Experience with tax research databases and tax compliance process software preferred

Skills

• 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
• Capacity to work well in a team environment
• Capable of developing and managing a team of tax professionals
• Ability to compose written tax advice
• 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

Pay

• California: $190,000 – $335,000
• Colorado: $185,000 – $225,000
• Illinois: $175,000 – $250,000
• Maryland: $185,000 – $260,000
• Massachusetts: $215,000 – $300,000
• Minnesota: $170,000 – $250,000
• New Jersey: $190,000 – $350,000
• Ohio: $150,000 – $300,000
• NYC/Long Island/Westchester: $230,000 – $350,000
• Washington: $196,400 – $249,400
• Washington DC: $190,000 – $300,000