Tax Senior Manager, Partnerships at BDO USA Experienced Career Site

Woodbridge, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

20 May, 26

Salary

262500.0

Posted On

19 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Tax Specialization, Partnership Taxation, Section 704(b) Allocations, Capital Account Maintenance, Liability Analysis, Section 734(b) Adjustments, Section 743(b) Adjustments, Tax Receivable Agreement (TRA), Tax Research, Tax Consulting, Strategy Development, Client Relationship Management, Supervisory Skills, Process Improvement, Business Development, Team Building

Industry

Accounting

Description

Job Summary: As a Tax Senior Manager, Partnerships, you will be responsible for 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 Manager, 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 Manager, Partnerships is a critical member of the STS Partnerships leadership team and actively participates in the marketing and business development of the group. In addition, the Tax Senior Manager, Partnerships develops and drives process improvement and team-building initiatives, maintains client relationships, and acts as a source of guidance to other team members. Job Duties: Tax Specialization Maintains and develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation Develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation May be required to organize and conduct, or participate in conducting, effective external CPE training sessions in area of specialization, involving Firm specialists, at a minimum of once per year Trains and mentors associates, senior associates, and managers Research Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis Identifies complex issues to be researched by engagement team and provides research methodology for efficient research process Trains associates, senior associates, and managers on research skills and helps to appropriately frame tax issues for analysis Involves firm specialists, as appropriate Tax Consulting 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 recommend solutions Maximizes client benefits, especially by decreasing client taxes, while managing risk Implements applicable Firm strategies Manages client expectations Strategy Development 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 Researches and implements tax strategies, including experimentation with promising new strategies and ideas Consistently makes suggestions as to how previous work products or approaches can be improved May lead marketing campaigns, if applicable to role Presents complex strategies to clients and prospective clients Other duties as required Supervisory Responsibilities: Supervises associates, senior associates, and managers on all projects Reviews work prepared by associates, senior associates, and managers and provides review comments Trains associates, senior associate, and managers how to use all current software tools Acts as a career advisor to associates, senior associates, and managers Schedules and manages workload of associates, senior associates, and managers Provides verbal and written performance feedback to associates, senior associates, and managers Qualifications, Knowledge, Skills and Abilities: Education: Bachelor’s degree, required; major in Accounting, Finance, Economics or Statistics, preferred Master’s in Accountancy or Taxation, preferred Experience: Eight (8) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience, required Specialized partnership experience, required Prior supervisory experience, required Private equity experience, both fund and portfolio company levels, preferred License/Certifications: 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 Software: Proficient with the Microsoft Office Suite, preferred Experience with tax research databases and tax compliance process software, preferred Other Knowledge, Skills & Abilities: Superior verbal and written communication skills Ability to effectively delegate work as needed Strong analytical, research and critical thinking skills as well as decision-making skills Ability to work well in a team environment Able to develop and manage a team of tax professionals Able 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 Proven 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 cultivate a positive team environment on engagements and contribute to the professional development of team personnel Executive presence and ability to act as primary contact on assigned engagements 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: $99,750 - $262,500 Maryland Range: $99,750 - $262,500 NYC/Long Island/Westchester Range: $99,750 - $262,500 Washington DC Range: $99,750 - $262,500 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! *Benefits may be subject to eligibility requirements. Equal Opportunity Employer, including disability/vets Click here to find out more!

Responsibilities

This role involves advising clients on complex partnership tax implications, including allocations, capital accounts, and adjustments, while actively participating in the leadership team's marketing and business development efforts. The Senior Manager will also drive process improvement, mentor team members, and maintain key client relationships.