Tax Senior Manager, Private Client Services

BDO USA•New York, NY

12h•$120,000 - $225,000

About The Position

Private Client Services at BDO is a boutique practice within our firm, offering a high touch approach to serving high net-worth individuals, their families, family offices, C-Suite executives, athletes, entertainers, and others with complicated tax and financial structures. The practice specializes in all aspects of estate, income, gift, and trust tax consulting and compliance; charitable giving and philanthropic foundations; executive compensation; and cash-flow, retirement, and life insurance planning. A Tax Senior Manager, Private Client Services (PCS) is responsible for utilizing their educational background and professional experience as well as their communication, time management, leadership, technical, business development, and people skills to provide tax compliance and consulting services to our high net-worth clients.

Requirements

Bachelors degree required
Seven (7) or more years prior experience in accounting, finance, or law, required
Experience in the private client service area, required
Prior supervisory experience, required
Certified Public Accountant credential, Internal Revenue Service Enrolled Agent (“EA”) credential, Attorney (admitted to practice in a U.S. jurisdiction), or the equivalent of one of these designations, required
Proficient in the use of Microsoft Office Suite (specifically Word, Excel, and PowerPoint) and Adobe Acrobat, required
Owns their own career and technical development; demonstrates self-awareness, actively pursues projects and learning experiences to fill in their technical knowledge gaps
Manages client engagements, supervises, and reviews work of team members
Expresses themselves effectively verbally and in writing; takes complex thoughts, synthesizes them into works using clear, concise language, and presents a cohesive narrative
Interacts directly with clients and their advisors; maintains communication with clients even after the work is complete to ensure quality service and maintain a relationship for future work
Manages and monitors key performance indicators (KPI’s) as established by the business line
Follows up on assignments and holds others accountable for their internal deadlines and administrative responsibilities
Serves as internal resource and providing guidance to other practices on technical matters
Works with appropriate departments with federal and state taxing agencies to respond to notices and inquiries
Spends time developing their network of key financial decision makers, referral sources, and recruits
Seizes opportunities for new professional contacts when presented; Actively networks professionally outside of BDO
Supervises, develops and trains employees
Acts as a Career Advisor; meets regularly with advisees, adding/updating goals as appropriate
Delivers holistic feedback to others and advisees about their job performance and career growth; coaches others and advisees to help them develop their careers

Nice To Haves

Major in Accounting, Finance, Economics or Statistics, preferred
Masters in Accountancy or Taxation, preferred
Experience working in public accounting, preferred
Possession of other professional degrees or certifications applicable to role, preferred
Experience with tax compliance process software (GoSystems, BNA Tax Planner, GoFileRoom, SurePrep), preferred
Experience with tax research tools (BNA Portfolio, CCH IntelliConnect, Checkpoint and Lexis Nexis), preferred

Responsibilities

Manages tax and consulting engagements and demonstrates skills identifying and addressing client needs, tax planning, and consulting opportunities
Provides Executive presence and acts as the primary client contact for preparation and presentation of issues and resolution to clients
Reviews complex individual, trust, estate, S-Corp, foundation, partnership, and gift tax returns and provides written and verbal feedback to preparers
Directs communication with government agencies for matters of the highest complexity
Identifies technical issues, conducts advanced tax research, and develops sound recommendations for PCS leadership, clients, and advisors
Expands their understanding of tax concepts and knowledge through client engagements and current tax developments
Prioritizes and reviews work to keep engagements on track
Utilizes strong analytical, research and critical thinking skills as well as decision-making skills to assist with client needs regarding individual and business decisions
Assists with PCS/firm contribution responsibilities including billing, recruiting, attendance and participation in CPE activities and training
Builds new relationships and maintains existing relationships with BDO professionals and external sources
Other duties as assigned
Supervises associates and senior associates on all projects
Reviews work prepared by associates and senior associates and provide review comments
Trains Associates and Seniors 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
Provides verbal and written performance feedback to associates and senior associates

Benefits

Flexibility and opportunities for advancement
Culture centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself
Employee Stock Ownership Plan (ESOP), a qualified retirement plan that offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. 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.
Comprehensive compensation and Total Rewards benefits offerings
Welcoming diverse perspectives and understanding the experience of our professionals and clients
Empowering team members to explore their full potential
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