Tax Senior Manager, Private Client Services

Private Client Services At Bdo

Private Client Services at BDO is a boutique practice within our firm. Offering a high touch approach, we have extensive experience serving high net-worth individuals, their families, family offices, C-Suite executives, athletes, entertainers, as well as other people with complicated tax and financial structures. The Private Client Services Practice is experienced 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.

Job Duties :

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

Supervisory Responsibilities :

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

Qualifications, Knowledge, Skills and Abilities :

Education :

Bachelors degree required; major in Accounting, Finance, Economics or Statistics, preferred

Masters in Accountancy or Taxation, preferred

Experience :

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

Experience working in public accounting, preferred

License / Certifications :

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

Possession of other professional degrees or certifications applicable to role, preferred

Software :

Proficient in the use of Microsoft Office Suite (specifically Word, Excel, and PowerPoint) and Adobe Acrobat, required

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

Languages : N / A

Other Knowledge, Skills & Abilities :

Initiative :

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

Communication :

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

Leadership :

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

Technical Skills :

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

Business Development :

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

People Development :

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

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.

California Range : $146,000 - $200,000 Colorado Range : $120,000 - $185,000 Illinois Range : $140,000 - $190,000 Maryland Range : $152,000 - $188,000 Massachusetts Range : $165,000 - $205,000 Minnesota Range : $130,000 - $190,000 New Jersey Range : $150,000 - $200,000 NYC / Long Island / Westchester Range : $175,000 - $205,000 Washington Range : $150,000 - $200,000 Washington DC Range : $156,000 - $200,000