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.
• 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.
• Introduces and develops 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

• 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 (Word, Excel, 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

• Strong analytical, research, and critical thinking skills.
• Decision-making skills.
• Effective verbal and written communication skills.
• Ability to prioritize and manage workload.
• Ability to develop and maintain relationships with clients and external sources.
• Ability to introduce and develop new or improved ideas to improve the position of clients, the Firm, or Firm personnel.
• Ability to present complex strategies to clients and prospective clients.
• Ability to advise clients on tax implications and recommend alternative courses of action and identify different methods of compliance.
• Ability to manage and monitor key performance indicators (KPI’s) as established by the business line.

Benefits

Individual salaries 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.

Pay

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
Ohio Range: $150,000 - $300,000
NYC/Long Island/Westchester Range: $230,000 - $350,000
Washington Range: $180,000 - $240,000
Washington DC Range: $190,000 - $300,000

Schedule

No specific schedule is provided in the job posting.