About the position
Working closely with BCG's CFO and global Executive Committee, PSG is the team responsible for designing, developing, and executing world class evaluation, development, compensation and equity programs for our global Managing Directors and Partners ("MDPs"). These matters are of critical importance to both BCG and personally to our ~2,000 MDPs meaning that PSG is a highly visible, integral and trusted advisor in BCG's global finance function. The MDPs are the owners of BCG and responsible for driving the business within their markets and practice areas. At BCG we believe that having robust and transparent reward and evaluation arrangements helps incentivize our MDPs to grow and shape our business in a way that not only benefits our clients and people but also helps to fulfil one of BCG's key purposes of unlocking the potential of those who advance the world. We work within a fast-paced environment where precision, innovation and transparent communication are key to the firms MDP agenda. PSG play a vital role in both responding to and anticipating challenges in a way that allows us to maintain our position as employer of choice for the most talented and pioneering leaders in the global consulting market.
Responsibilities
- Become the primary contact for MDPs and BCG leadership within the North America region regarding BCG's MDP compensation and equity framework.
- Manage MDP compensation and equity country program management and development.
- Support individual MDPs' understanding of their local compensation and equity value and how this relates to their and BCG's performance.
- Design and maintain country compensation and equity programs by teaming with functional experts to understand local country and U.S. tax law, partnership concepts, labor laws, and applying BCG global principles for MDPs.
- Understand the overall BCG economic model in depth to analyze different impacts on BCG MDP compensation and equity programs in all countries.
- Develop clear, concise individual MDP and Leadership team communications that address particular issues, options, and resolutions in a proactive, practical, and commercial way.
- Support MDPs with equity purchases and sales explaining the cash and tax implications.
- Oversee the support for MDP transfers, departing MDPs, and MDP lateral hires.
- Partner with external advisors and local teams on managing compliance.
- Work with controllers and global finance functions (accounting, tax, and treasury) to ensure that plans are implemented, maintained, and executed appropriately.
- Conduct regular reviews of local MDP programs for countries of responsibility, understanding risk tolerance and leveraging BCG's tax and legal functions as key partners.
- Jointly identify areas for continued improvement and implement change where required.
Requirements
- Professional legal, tax or accounting qualification desirable.
- 15+ years relevant work experience.
- Significant experience working with senior teams (e.g., MDP, Managing Directors, CEOs), preferably in a dynamic project-based work environment.
- Significant experience in multinational environments, preferably with a strong understanding of US individual and partnership taxation or employment law.
