Senior Manager, National Tax Office-Partnerships-Real Estate Focus

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 SpecializationMaintains and develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxationResearchIdentifies when research is needed, clearly and concisely frames issues to be researched, and clearly and concisely reports the analysisIdentifies complex issues to be researched by the engagement team and provides research methodology for an efficient research processTrains associates and senior associates on research skills and helps to appropriately frame tax issues for analysisInvolves firm specialists, as appropriateTax ConsultingAssists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxesApplies the combination of tax knowledge and knowledge of business / industry to recommend solutionsMaximizes client benefits, especially by decreasing client taxes, while managing riskImplements applicable Firm strategiesManages client expectationsTax SpecializationDevelops 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 yearStrengthening Our FirmParticipates in office, regional, and national client service effortsParticipates in national, regional, Firm, and Alliance meetings and supports related activitiesParticipates in national Industry initiativesEnsures the national business line conforms with the Firm’s technical standards by examining office review reports from the Director of Quality Control and Technical advisorsRisk ManagementDisplays appropriate knowledge of firm regulations and guidelines as stated in the firm’s business line quality control manuals Provides on-the-job trainingPuts the interests of the Firm above the interests of a client when resolving issuesEngages BDO technical, tax, consulting, valuation, and other professionals to resolve client issuesOther duties as requiredSupervisory Responsibilities : Supervises associates and senior associates on all projectsReviews work prepared by associates and senior associates and provides review commentsTrains associates and senior associates on how to use all current software toolsActs 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 managersQualifications, Knowledge, Skills, and Abilities : Education : Bachelor’s Degree, required; focus in Accounting, Finance, Economics, or Statistics, preferredMaster’s Degree in Accountancy or Taxation, preferredExperience : Eight (8) or more years of prior relevant tax experience and / or public accounting, private industry accounting, or consulting / professional services experience, requiredSpecialized partnership experience, requiredPrior supervisory experience, required Private equity experience, both fund and portfolio company levels, preferredLicense / 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), preferredPossession of other professional degrees or certifications applicable to role, preferredSoftware : Proficient with the Microsoft Office Suite, preferredExperience with tax research databases and tax compliance process software, preferredOther Knowledge, Skills, & Abilities : Superior verbal and written communication skillsAbility to effectively delegate work as neededStrong analytical, research and critical thinking skills as well as decision-making skillsAbility to work well in a team environmentAbility to develop and manage a team of tax professionalsAbility to effectively develop and maintain client relationshipsSolid organizational skills, especially ability to meet project deadlines with a focus on detailsAbility to successfully multi-task while working independently and within a group environmentAbility 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 levelsAbility to cultivate a positive team environment on engagements and contribute to the professional development of team personnelExecutive presence and ability to act as primary contact on assigned engagementsIndividual 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 - $250,000Maryland Range : $150,000 - $250,000NYC / Long Island / Westchester Range :  $150,000 - $250,000Washington DC Range :  $150,000 - $250,000Join 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 clientsEmpowering team members to explore their full potentialOur talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunitiesCelebrating ingenuity and innovation to transform our business and help our clients transform theirsFocus on resilience and sustainability to positively impact our people, clients, and communitiesBDO 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 / vetsClick here to find out more!Full timePosting Date : 2024-12-24

Salary : $150,000 - $250,000