Tax Senior, Partnerships

BDO USA • Chicago, IL

4h

About The Position

As a Tax Senior, Partnerships, you will be responsible for utilizing basic
research skills  and applying your educational background to assist in 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 Tax Senior,
Partnerships will apply their knowledge and experience to understand potential
partnership taxation issues and assist in the preparation of partnership
specific computations. The Tax Senior, Partnerships is a critical member of the
STS Partnerships team and will be exposed to marketing and business development
activities of the group. In addition, the Tax Senior, Partnerships will be
exposed to process improvement and team-building initiatives, maintaining client
relationships, and will act as a source of guidance to staff.

Requirements

• Bachelor’s degree, required; major in Accounting, Finance, Economics or Statistics, preferred
• Two (2) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience, required
• Proficient with the Microsoft Office Suite, preferred
• Experience with tax research databases and tax compliance process software, preferred
• Excellent verbal and written communication skills
• Capable of effectively delegating work as needed
• Strong analytical and basic research, critical thinking and decision-making skills
• Ability to work well in a team environment
• Ability to effectively develop and maintain client relationships
• Solid organizational skills, especially ability to meet project deadlines with a focus on details
• Ability to successfully multi-task while working 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 the ability to successfully interact with professionals at all levels
• Ability to contribute to positive team environment on engagements and to the professional development of team personnel
• Professional presence and ability to act as primary contact on assigned engagements

Nice To Haves

• Master’s in Accountancy or Taxation, preferred
• Specialized partnership experience, preferred
• Private equity experience, both fund and portfolio company levels, preferred
• 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), preferred
• Possession of other professional degrees or certifications applicable to role, preferred

Responsibilities

• Develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation
• May be required to participate in organizing and conducting effective external CPE training sessions in area of specialization, involving Firm specialists, at a minimum of once per year
• Trains and mentors’ interns and associates
• Trains interns and associates on how to use all current software tools, as needed
• Assists in identifying when research is needed; works with leadership to concisely frame issues to be researched and clearly and concisely reports the analysis
• Assists in identifying complex issues to be researched by engagement team and provides research methodology for efficient research process
• May train interns and associates on research skills and help to appropriately frame tax issues for analysis
• Involves firm specialists as appropriate
• Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes
• Applies the combination of tax knowledge and knowledge of business/industry to collaborate with leadership on recommending solutions
• Works with leadership to maximize client benefits, especially by decreasing client taxes, while managing risk
• Assists with the implementation of applicable Firm strategies
• Assists in managing client expectations
• Participates in scheduling and managing workload of interns and associates
• May supervise day to day workload of interns on various projects
• May review work prepared by interns and associates and provide review comments

Benefits

• ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being.
• comprehensive compensation and Total Rewards benefits offerings

What This Job Offers

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