Job Opportunity
Sr. Manager – Specialized Tax Services, Partnerships
BDO | New York, NY
Job Summary
Advise the clients on the tax implications of their business objectives and various partnership specific items. Bachelor’s degree. 8+ years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience.
Details
As a Tax Senior Manager, Partnerships, you will be responsible for advising the 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 Tax Senior Manager, Partnerships will apply their knowledge and experience to understand potential partnership taxation issues and assist in the preparation of partnership specific computations.
The Tax Senior Manager, Partnerships 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 Tax Senior Manager, Partnerships develops and drives process improvement and team-building initiatives, maintains client relationships, and acts as a source of guidance to other team members.
Duties:
Tax Specialization
* Maintain and develop an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation
* Develop 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
* Train and mentor the associates, senior associates, and managers
Research
* Identify when research is needed; clearly and concisely frame issues to be researched; and clearly and concisely report the analysis
* Identify complex issues to be researched by the engagement team, and provide research methodology for efficient research process
* Train the associates, senior associates, and managers on research skills and help appropriately frame tax issues for analysis
* Involve the firm specialists, as appropriate
Tax Consulting
* Assist with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes
* Apply the combination of tax knowledge and knowledge of business/industry to recommend solutions
* Maximize client benefits, especially by decreasing client taxes, while managing risk
* Implement applicable firm strategies
* Manage client expectations
Strategy Development
* Introduce and develop 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
* Research and implement tax strategies, including experimentation with promising new strategies and ideas
* Consistently make suggestions as to how previous work products or approaches can be improved
* May lead marketing campaigns, if applicable to role
* Present complex strategies to the clients and prospective clients
* Other duties as required
Supervisory Responsibilities
* Supervise the Associates, Senior Associates, and Managers on all projects
* Review work prepared by the associates, senior associates, and managers and provide review comments
* Train the associates, senior associate, and managers how to use all current software tools
* Act as a career advisor to the associates, senior associates, and managers
* Schedule and manage workload of the associates, senior associates, and managers
* Provide verbal and written performance feedback to the 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 Degree in Accountancy or Taxation 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
* Other professional degrees or certifications applicable to role preferred
Experience
* 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
Software
* Proficient with the Microsoft Office Suite preferred
* Experience with tax research databases and tax compliance process software preferred
Other Knowledge, Skills & Abilities
* 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 the ability to meet project deadlines with a focus on details
* Ability to successfully multitask 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 the 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
* Superior verbal and written communication skills
Click here for details on this job
- Job Reference #: 9602
- Compensation: $ 262,500
- Min Education: BA/BS
- Min Experience: 8 years