Job Description

Job Summary:

As a Senior Manager in BDO’s Specialized Tax Services (STS) Partnerships group, you will be responsible for advising clients on the tax implications of their business objectives and various partnership specific items including but not limited to section 704(b) and taxable income allocations, capital account maintenance, liability analysis and allocations, section 734(b) and 743(b) adjustment calculations and Tax Receivable Agreement (TRA) calculations. In this role the STS Partnerships Senior Manager will apply their knowledge and experience to understand potential partnership taxation issues and assist in the preparation of partnership specific computations. The STS Senior Manager is a critical member of the STS Partnerships leadership team and actively participates in the marketing and business development of the group. In addition, the STS Partnerships Senior Manager develops and drives process improvement and team-building initiatives, maintains client relationships, and acts as a source of guidance to other team members.

Job Duties:

Tax Specialization

Maintains and develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation
Develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation 
May be required to organize and conduct, or participate in conducting, effective external CPE training sessions in area of specialization, involving Firm specialists, at a minimum of once per year
Trains and mentors associates, senior associates, and managers 

Research

Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis
Identifies complex issues to be researched by engagement team and provides research methodology for efficient research process
Trains associates, senior associates, and managers on research skills and helps to appropriately frame tax issues for analysis
Involves firm specialists, as appropriate

Tax Consulting

Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes
Applies the combination of tax knowledge and knowledge of business/industry to recommend solutions
Maximizes client benefits, especially by decreasing client taxes, while managing risk
Implements applicable Firm strategies
Manages client expectations

Strategy Development

Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits
Researches and implements tax strategies, including experimentation with promising new strategies and ideas
Consistently makes suggestions as to how previous work products or approaches can be improved
May lead marketing campaigns, if applicable to role
Presents complex strategies to clients and prospective clients
Other duties as required

Supervisory Responsibilities:

Supervises associates, senior associates, and managers on all projects
Reviews work prepared by associates, senior associates, and managers and provides review comments
Trains associates, senior associate, and managers how to use all current software tools
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, Knowledge, Skills and Abilities:

Education:

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

Experience:

Eight (8) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience, required
Specialized partnership experience, required
Prior supervisory experience, required 
Private equity experience, both fund and portfolio company levels, preferred

License/Certifications:

CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent (“EA”) (or the equivalent of one of these designations), preferred
Possession of other professional degrees or certifications applicable to role, preferred

Software:

Proficient with the Microsoft Office Suite, preferred
Experience with tax research databases and tax compliance process software, preferred

Language:

N/A

Other Knowledge, Skills & Abilities:

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
Ability to work well in a team environment
Able to develop and manage a team of tax professionals
Able to effectively develop and maintain client relationships
Solid organizational skills, especially ability to meet project deadlines with a focus on details
Ability to successfully multi-task while working independently and within a group environment
Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously 
Ability to build and maintain strong relationships with firm and client personnel and the ability to successfully interact with professionals at all levels
Ability to cultivate a positive team environment on engagements and contribute to the professional development of team personnel
Executive presence and ability to act as primary contact on assigned engagements