Tax Senior Manager, Pass-through Entities

Job Summary

Senior Tax Manager responsible for providing tax and consulting services to business clients with pass through entities and to their business owners.

Job Duties

• Performs tax planning, preparation and research for pass through entities (S‑corps, LLCs, Partnerships) and the business owners' individual returns, which may include estates, trusts and charitable entities.
• Manages client engagements, supervises and reviews work of team staff members, and works 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 pursues increased tax knowledge through client assignments and current tax developments.
• Tax Compliance
  • Ensures clients comply with all applicable authorities while minimizing their tax and reporting burdens, and ensures compliance with firm policies, standards, and the BDO Tax Quality Manual.
  • Requires significant knowledge of taxation related to personal income, estate, gift tax, wealth retention strategies, and taxation of entities owned by business owners (partnership and corporate taxation).
  • Conducts top level review of tax returns and resolves all tax issues with client; involves specialists where appropriate.
  • Plans and reviews the tax process and procedures, including budgeting, staffing, monitoring engagement process, timely billing, collection of accounts receivable, and managing client relationships/expectations.
• Research
  • Identifies when research is needed, performs it, and reports analysis clearly and concisely.
  • Applies firm and professional standards for preparation of WTA and tax returns.
  • Involves firm specialists, as appropriate.
• Strategy Development
  • Introduces and develops new or improved ideas to improve client positions, firm performance, or personnel effectiveness, such as 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 from prior projects and offers input on how to improve processes and methods.
• Other duties as required.

Supervisory Responsibilities

• Builds a team of professionals by training and working together to serve 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 provides review comments.
• Trains associates and seniors on using 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

• Bachelor's degree required; major in Accounting, Finance, Economics or Statistics preferred.
• Master's degree in Accounting or Taxation preferred.

Experience

• Eight or more years of prior relevant tax experience and/or public accounting, private industry accounting, or consulting/professional services experience required, with experience working on individual, estate, trust, partnership, S‑corporation, and private foundation tax/consulting clients.
• Prior supervisory experience required.

License/Certifications

• CPA certification, attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent (EA) (or equivalent) required.
• Possession of other professional degrees or certifications applicable to the role preferred.

Software

• Proficient in Microsoft Office Suite preferred.

Other Knowledge, Skills & Abilities

• Detail 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.

Salary Ranges

• California: $146,000 - $200,000
• Colorado: $120,000 - $185,000
• Illinois: $140,000 - $190,000
• Maryland: $150,000 - $180,000
• Massachusetts: $150,000 - $206,000
• Minnesota: $130,000 - $190,000
• New Jersey: $155,000 - $200,000
• Ohio: $125,000 - $200,000
• NYC/Long Island/Westchester: $180,000 - $225,000
• Washington: $150,000 - $200,000
• Washington DC: $162,000 - $190,000

Individual salaries are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.