BDO USA, LLP
Tax Senior Manager, National Tax Office - Partnership Tax
BDO USA, LLP, Indianapolis, IN
Job Description
Job Summary:
The BDO National Tax Office (NTO) Advisory practice provides technical leadership and support to firm client service professionals and alliance firms on tax matters, new legislation and Treasury guidance, articles on key tax issues and working with marketing and Tax quality control to ensure high level of information that is disseminated internally and externally. The Senior Manager, National Tax Office, Partnership Tax will collaborate amongst NTO professionals and with tax leadership to drive communication efficiencies.
A Senior Manager in BDO's National Tax Office (NTO) Partnerships group, is 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 NTO Partnerships Senior Manager applies their knowledge and experience to understand potential partnership taxation issues and assists in the preparation of partnership specific computations. The NTO Senior Manager is key to the leadership team of the NTO Partnership Practice and actively participates in the development of the group. In addition, the NTO Partnerships Senior Manager is an active participant in process improvement and team-building initiatives, maintains client relationships, and acts as a source of guidance to other team members.
Job Duties:
Tax Specialization
Research
Tax Consulting
Tax Specialization
Strengthening Our Firm
Risk Management
Other duties as required
Supervisory Responsibilities:
Qualifications, Knowledge, Skills, and Abilities:
Education:
Experience:
License/Certifications:
Software:
Other Knowledge, Skills, & Abilities:
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.
National Range: $150,000 - $250,000
Maryland Range: $150,000 - $250,000
NYC/Long Island/Westchester Range: $150,000 - $250,000
Washington DC Range: $150,000 - $250,000
About Us
Join us at BDO, where you will find more than a career, you'll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world.
At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.
BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm's success, with no employee contributions.
We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on:
*Benefits may be subject to eligibility requirements.
Equal Opportunity Employer, including disability/vets
Click here to find out more!
Job Summary:
The BDO National Tax Office (NTO) Advisory practice provides technical leadership and support to firm client service professionals and alliance firms on tax matters, new legislation and Treasury guidance, articles on key tax issues and working with marketing and Tax quality control to ensure high level of information that is disseminated internally and externally. The Senior Manager, National Tax Office, Partnership Tax will collaborate amongst NTO professionals and with tax leadership to drive communication efficiencies.
A Senior Manager in BDO's National Tax Office (NTO) Partnerships group, is 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 NTO Partnerships Senior Manager applies their knowledge and experience to understand potential partnership taxation issues and assists in the preparation of partnership specific computations. The NTO Senior Manager is key to the leadership team of the NTO Partnership Practice and actively participates in the development of the group. In addition, the NTO Partnerships Senior Manager is an active participant in 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
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 the engagement team and provides research methodology for an efficient research process
- Trains associates and senior associates 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
Tax Specialization
- Develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation
- Participates in organizing and conducting effective external CPE training sessions in area of specialization involving Firm specialists at a minimum of once per year
Strengthening Our Firm
- Participates in office, regional, and national client service efforts
- Participates in national, regional, Firm, and Alliance meetings and supports related activities
- Participates in national Industry initiatives
- Ensures the national business line conforms with the Firm's technical standards by examining office review reports from the Director of Quality Control and Technical advisors
Risk Management
- Displays appropriate knowledge of firm regulations and guidelines as stated in the firm's business line quality control manuals
- Provides on-the-job training
- Puts the interests of the Firm above the interests of a client when resolving issues
- Engages BDO technical, tax, consulting, valuation, and other professionals to resolve client issues
Other duties as required
Supervisory Responsibilities:
- Supervises associates and senior associates on all projects
- Reviews work prepared by associates and senior associates and provides review comments
- Trains associates and senior associates on how to use all current software tools
- Acts as a career advisor to associates and senior associates
- Schedules and manages workload of associates and senior associates
- Trains and mentors' associates, senior associates, and managers
- Provides verbal and written performance feedback to associates and senior associates and managers
Qualifications, Knowledge, Skills, and Abilities:
Education:
- Bachelor's Degree, required; focus in Accounting, Finance, Economics, or Statistics, preferred
- Master's Degree 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
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
- Ability to develop and manage a team of tax professionals
- Ability 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
- 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
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.
National Range: $150,000 - $250,000
Maryland Range: $150,000 - $250,000
NYC/Long Island/Westchester Range: $150,000 - $250,000
Washington DC Range: $150,000 - $250,000
About Us
Join us at BDO, where you will find more than a career, you'll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world.
At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.
BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm's success, with no employee contributions.
We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on:
- Welcoming diverse perspectives and understanding the experience of our professionals and clients
- Empowering team members to explore their full potential
- Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities
- Celebrating ingenuity and innovation to transform our business and help our clients transform theirs
- Focus on resilience and sustainability to positively impact our people, clients, and communities
- BDO Total Rewards that encompass so much more than traditional "benefits." Click here to find out more!
*Benefits may be subject to eligibility requirements.
Equal Opportunity Employer, including disability/vets
Click here to find out more!