Tax Managing Director, Private Client Services
Job Summary
The Private Client Services Practice at BDO is a boutique practice within our firm. We serve high net-worth individuals, their families, family offices, C-Suite executives, athletes, entertainers, and others with complicated tax and financial structures.
About the Role
A Tax Managing Director, Private Client Services (PCS) is responsible for utilizing their educational background and professional experience as well as their communication, time management, leadership, technical, business development, and people skills to provide tax compliance and consulting services to our high net-worth clients. They are a critical member of the office/region leadership team.
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
- Assists with PCS/firm contribution responsibilities including billing, recruiting, attendance, and participation in CPE activities and training
- Builds new relationships and maintains existing relationships with BDO professionals and external sources
Requirements
- Expertise in the private client service area
- Prior supervisory experience
- Experience working in public accounting
- 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
- Software proficiency in Microsoft Office Suite (specifically Word, Excel, and PowerPoint) and Adobe Acrobat
- Experience with tax compliance process software (GoSystems, BNA Tax Planner, GoFileRoom, SurePrep)
- Experience with tax research tools (BNA Portfolio, CCH IntelliConnect, Checkpoint and Lexis Nexis)
Qualifications
- Bachelor’s degree, 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
Skills
- Initiative
- Ownership of own career and technical development
- Self-awareness
- Active pursuit of projects and learning experiences to fill in technical knowledge gaps
- Effective verbal and written communication
- Complex thought synthesis and clear, concise language presentation
- Timely and acceptable resolution of client service issues
- Leadership
- Management and monitoring of key performance indicators (KPI’s)
- Supervision, development, and training of employees
- Act as a Career Advisor
- Delivery of holistic feedback to others and advisees about their job performance and career growth
- Coaching others and advisees to help them develop their careers
Benefits
California Range: $215,000 - $270,000
Colorado Range: $170,000 - $225,000
Illinois Range: $175,000 - $250,000
Maryland Range: $185,000 - $260,000
Massachusetts Range: $215,000 - $300,000
Minnesota Range: $170,000 - $250,000
New Jersey Range: $190,000 - $350,000
NYC/Long Island/Westchester Range: $230,000 - $350,000
Washington Range: $180,000 - $240,000
Washington DC Range: $190,000 - $300,000
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Equal Opportunity Employer, including disability/vets
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