Tax Managing Director, Private Client Services

About the role

The Tax Managing Director, Private Client Services (PCS) at BDO is responsible for leading tax and consulting engagements, providing executive-level client contact, and managing complex tax issues.

Responsibilities

• Leads tax and consulting engagements and teaches team members the skills needed to identify and address client needs, tax planning, and consulting opportunities.
• Provides Executive presence and acts as the primary client contact for preparation and presentation of issues and resolution to clients.
• Reviews complex individual, trust, estate, S-Corp, foundation, partnership, and gift tax returns and provides written and verbal feedback to preparers.
• Directs communication with government agencies for matters of the highest complexity.
• Identifies technical issues, conducts advanced tax research, and develops sound recommendations for PCS leadership, clients, and advisors.
• Expands their in-depth understanding of tax concepts and knowledge through client engagements and current tax developments.
• Prioritizes and reviews work to keep engagements on track.
• Utilizes strong analytical, research and critical thinking skills as well as decision-making skills to assist with client needs regarding individual and business decisions.
• Aids in expanding the practice by introducing and developing new or improved ideas to improve the position of clients, the Firm, or Firm personnel.
• May be required to present complex strategies to clients and prospective clients.
• Advises clients on tax implications and recommends alternative courses of action and identifies different methods of compliance.
• Manages and monitors key performance indicators (KPI’s) as established by the business line.

Requirements

• Ten (10) or more years prior experience in accounting, finance, or law, required.
• Expertise in the private client service area, required.
• Prior supervisory experience, required.
• Experience working in public accounting, preferred.
• Certified Public Accountant credential, Internal Revenue Service Enrolled Agent (“EA”) credential, Attorney (admitted to practice in a U.S. jurisdiction), or the equivalent of one of these designations, required.
• Possession of other professional degrees or certifications applicable to role, preferred.
• Software Proficient in the use of Microsoft Office Suite (specifically Word, Excel, and PowerPoint) and Adobe Acrobat, required.
• Experience with tax compliance process software (GoSystems, BNA Tax Planner, GoFileRoom, SurePrep), preferred.
• Experience with tax research tools (BNA Portfolio, CCH IntelliConnect, Checkpoint and Lexis Nexis), preferred.

Qualifications

• Bachelor’s degree, required; major in Accounting, Finance, Economics, or Statistics, preferred.
• Master’s degree in Accountancy or Taxation, preferred.

Skills

• Owns their own career and technical development.
• Self-awareness, actively pursues projects and learning experiences to fill in their technical knowledge gaps.
• Takes joint responsibility for the success of the practice.
• Communicates status to the client in line with the frequencies the client desires; Resolves client service issues in a timely and acceptable manner.
• Develops an in-depth understanding of the technical and practical issues and opportunities for high net-worth individuals and their families.
• Recognized as industry expert in specialized field of taxation.
• Seizes opportunities for new professional contacts when presented; Actively networks professionally outside of BDO.
• Builds new relationships and maintains existing relationships with BDO professionals and external sources.

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.