Tax Senior Manager

BDO USA • New York, NY

49d

About The Position

The Private Client Services Senior Manager is responsible for providing tax and consulting services to our high net worth clients. This role involves performing tax planning, preparation, and research for high net worth individuals and related business, trusts, estates, and charitable entities. The Senior Manager will manage client engagements, supervise and review the work of team staff members, and work closely with clients as well as internal managers and partners. A key aspect of this role is contributing to client satisfaction by providing timely services and work product, and demonstrating an understanding of tax concepts while actively pursuing increased tax knowledge through client assignments and current tax developments. The role also includes ensuring clients comply with all applicable authorities while minimizing their tax and reporting burdens, and ensuring self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (TQM). This includes conducting top-level reviews, resolving tax issues, planning and reviewing the tax process, budgeting, staffing, monitoring engagement progress, timely billing, and managing client relationships and expectations.

Requirements

• Bachelors degree in Accounting or other relevant field required
• 8 or more years of public accounting experience preferred, i.e. working in the private client area, working on individual, estate, trust, partnership, S-corporation, and private foundation tax/consulting clients
• CPA certification required
• Proficient in Microsoft Office Suite
• Detailed oriented
• Excellent written and verbal communication skills
• Ability to work independently and in a team environment
• Ability to effectively delegate work as needed
• Strong analytical, research and critical thinking skills as well as decision-making skills
• Capable of developing and managing a team of tax professionals
• Capable of effectively developing and maintaining client relationships
• Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients

Nice To Haves

• Masters degree in Accounting or Taxation preferred
• Certified financial planning license or Professional financial planning license preferred

Responsibilities

• Performs Tax planning, preparation and research for high net worth individuals and related business, trusts, estates, and charitable entities including preparation and review of gift tax and estate tax returns
• Manages client engagements, supervises and reviews work of team staff members, work closely with clients as well as internal managers and partners
• Contributes to client satisfaction by providing timely services and work product
• Demonstrates an understanding of tax concepts and actively pursuing increased tax knowledge through client assignments and current tax developments
• Ensures clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (“TQM”)
• Conducts top level review of T/R and resolves all tax issues with client; involves specialists where appropriate
• Plans and reviews the tax process and the procedures to be performed to include: Budgeting and staffing
• Monitoring engagement process and actual time incurred vs. budget with assistance of Senior
• Timely billing including management of identified out-of-scope activity and communication to client
• Timely collection of A/R
• Manages client relationships/expectations in accordance with the project
• Provides advice to clients in a timely manner
• Identifies when research is needed and performs such research; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis
• Applies most Firm and professional standards for preparation of WTA and tax returns
• Involves firm specialists, as appropriate
• Introduces and develops 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
• Reviews studies of tax implications and offers clients alternative courses of action
• Identifies and leverages lessons learned on prior projects, and offers input on how to improve processes and methods
• Other duties as required
• Responsible for building a team of professionals by training and working together to serve our high net worth clients with timely responses to their needs
• 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 associate

What This Job Offers

• Job Type: Full-time
• Career Level: Senior