Partnership Experienced Tax Senior, Advanced Computational Services

BDO USA•New York, NY

About The Position

An Experienced Senior Associate in BDO’s Partnerships group uses research skills and educational background to help advise clients on the tax implications of business objectives and partnership-specific matters. These matters include 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. The role applies partnership tax knowledge to identify potential issues and assist with partnership-specific computations. The Experienced Senior Associate is a member of the Partnerships team and participates in marketing and business development activities, process improvement and team-building initiatives, and client relationship management. The role also provides guidance to staff and supports interns and associates through training and mentoring. It may involve supervising and reviewing their work, and participating in scheduling and managing their workload.

Requirements

Bachelor’s degree required.
At least three years of relevant tax experience and/or public accounting, private-industry accounting, or consulting/professional-services experience required.
Excellent verbal and written communication skills.
Ability to delegate work effectively as needed.
Strong analytical, basic research, critical-thinking, and decision-making skills.
Ability to work well in a team environment.
Ability to develop and maintain client relationships.
Solid organizational skills, attention to detail, and ability to meet project deadlines.
Ability to multitask 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 interact successfully with professionals at all levels.
Ability to contribute to a positive engagement-team environment and support team members’ professional development.
Professional presence and ability to act as the primary contact on assigned engagements.

Nice To Haves

Bachelor’s degree majoring in Accounting, Finance, Economics, or Statistics.
Master’s degree in Accountancy or Taxation.
Specialized partnership experience.
Private equity experience at both fund and portfolio-company levels.
CPA certification, admission as an attorney to practice in a U.S. jurisdiction, IRS Enrolled Agent designation, or equivalent.
Other professional degrees or certifications applicable to the role.
Proficiency with the Microsoft Office Suite.
Experience with tax research databases and tax compliance process software.

Responsibilities

Develop an in-depth understanding of technical and practical issues and opportunities in partnership taxation.
May participate in organizing and conducting external CPE training sessions in the area of specialization, at least once per year.
Train and mentor interns and associates, including training them on current software tools as needed.
Help identify when research is needed, work with leadership to frame issues, and clearly report research analysis.
Help identify complex issues for engagement-team research and provide an efficient research methodology.
May train interns and associates in research skills and help frame tax issues for analysis.
Involve firm specialists in research as appropriate.
Assist in developing, recommending, and implementing methods to maximize client benefits, particularly by decreasing current and future taxes.
Apply tax and business or industry knowledge to collaborate with leadership on recommendations.
Work with leadership to maximize client benefits while managing risk.
Assist with implementing applicable firm strategies and managing client expectations.
Participate in marketing, business development, process improvement, team-building, and client relationship activities.
Participate in scheduling and managing interns’ and associates’ workload; may supervise interns’ day-to-day workload and review their work, providing review comments.
Perform other duties as required.