Tax Managing Director, Private Client Services

About the role

The Private Client Services Practice is experienced in all aspects of estate, income, gift, and trust tax consulting and compliance; charitable giving and philanthropic foundations; executive compensation; and cash-flow, retirement, and life insurance planning.

Responsibilities

• Leads tax and consulting engagements and teaches their team 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 the development of 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 recommend alternative courses of action and identify different methods of compliance
• Manages and monitors key performance indicators (KPI’s) as established by the business line

Requirements

• Owns their own career and technical development
• 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
• Has expert knowledge of application of standards
• Recognized as industry expert in specialized field of taxation
• Seizes opportunities for new professional contacts when presented; Actively networks professionally outside of BDO

Qualifications

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