Tax Experienced Associate, Partnerships at BDO USA Experienced Career Site

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Jun, 26

Salary

115500.0

Posted On

07 Mar, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Partnership Taxation, 704(b) Allocations, Tax Capital Account Maintenance, Liability Analysis, Tax Receivable Agreement Calculations, Client Engagement Execution, Tax Law Monitoring, Research, Critical Thinking, Decision-Making, Verbal Communication, Written Communication, Teamwork, Microsoft Office Suite

Industry

Accounting

Description

Job Summary: The Tax Experienced Associate, Partnerships develops their knowledge in partnership taxation through assisting in preparation of various partnership specific items including but not limited to 704(b) and taxable income allocations, 704(b) and Tax Capital Account maintenance, liability analysis and allocations, and Tax Receivable Agreement calculations. In this role, the Tax Experienced Associate, Partnerships will have the opportunity to utilize their educational background while working with more experienced team members who will provide direction and coaching related to a range of partnership taxation issues. As a team member, you will support BDO’s clients both directly and through support of other BDO client service teams. Job Duties: * Proactively assists in the execution of client engagements * Ensures both that: (a) clients comply with all applicable authorities, (b) self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (“TQM”) * Effectively leverages firm technology and follows firm procedures * Completes tasks and takes initiative on impending due dates * Assists with developing, recommending, and implementing efficient and effective tax structures * Monitors tax law and client factual developments on a regular basis, daily or weekly but at least bi-weekly * Develops and communicates to client service team personnel, viewpoints regarding how those developments might affect clients * Other duties as required Qualifications, Knowledge, Skills, and Abilities: Education * Bachelor’s Degree in Accounting, Finance, Economics or Statistics, required; OR Bachelor's degree in other focus area and CPA certification, required * Master’s Degree in Accountancy or Taxation, preferred Experience * One (1) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience, required * Leadership experience, preferred * Accounting based internship, preferred License(s)/Certification(s) * Eligible to sit for the CPA exams; progress towards admission to practice in a U.S. jurisdiction; progress towards Internal * Revenue Service Enrolled Agent (“EA”) (or progress towards the equivalent of one of these designations) upon starting employment, preferred Software * Proficiency with the Microsoft Office Suite, required Other Knowledge, Skills & Abilities * Strong verbal and written communication skills * Developing analytical, research and critical thinking skills as well as decision-making skills * Ability to work well in a team environment * Positive attitude and willingness to learn * Ability to follow instructions as directed Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography. National Range: $63,000 - $115,500 Maryland Range: $63,000 - $115,500 NYC/Long Island/Westchester Range: $63,000 - $115,500 Washington DC Range: $63,000 - $115,500 Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization. BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. 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. We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on: * Welcoming diverse perspectives and understanding the experience of our professionals and clients * Empowering team members to explore their full potential * Our 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 that encompass so much more than traditional “benefits.” Click here to find out more! [https://www.bdo.com/getmedia/792cf457-f43e-4bb7-a937-a0f8d55f6ecb/BDO-Benefits-Brochure.pdf] *Benefits may be subject to eligibility requirements. Equal Opportunity Employer, including disability/vets Click here to find out more! [https://protect-us.mimecast.com/s/US5qCDkoYJC5g3L6SWPvmU?domain=nam12.safelinks.protection.outlook.com]

Responsibilities

The Tax Experienced Associate, Partnerships will develop knowledge in partnership taxation by assisting with the preparation of partnership-specific items such as 704(b) allocations and capital account maintenance, while supporting BDO's clients and service teams. Duties include proactively executing client engagements, ensuring compliance with authorities and firm policies, and monitoring relevant tax law developments.