About this opportunity
BDO USA lists this Partnership Tax Managing Director, Advanced Computational Services opportunity in chicago, Illinois. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Partnership Tax Managing Director, Advanced Computational Services
Chicago, IL, United States and 16 more
Job Description
Job Summary:
The Tax Managing Director, Partnerships is 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 Managing Director, Partnerships will apply their knowledge and experience to understand potential partnership taxation issues and assist in the preparation of partnership specific computations. The Tax Managing Director, Partnerships is a critical member of the Partnerships leadership team and actively participates in the marketing and business development of the group. In addition, the Tax Managing Director, 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:
Maintains and develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation
May 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
Provides oversight and review of partnership capital account maintenance and relevant computational services
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
Develops, recommends and implements efficient and effective methods to maximize client benefits, especially by decreasing clients' current and future taxes
Applies a combination of tax knowledge and knowledge of business/industry to recommend solutions
Implements applicable Firm strategies
Manages client relationships and expectations
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 on 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:
Ten (10) or more years of prior relevant experience and/or public accounting, private industry accounting or consulting/professional services experience, required
Prior supervisory experience, required
Private equity experience, both fund and portfolio company levels, preferred
Prior experience with Up-C tax receivable agreements, 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), required
Possession of other professional degrees or certifications applicable to role, preferred
Software:
Experience with tax research tools such as CCH Wolters Kluwer, Thomson Reuters Checkpoint, and BNA, preferred
Experience with systems such as Oracle, Thomson Reuters, ONESOURCE, Longview, Corptax or GoSystems, preferred
Proficient in Microsoft Excel, 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
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: $157,500 - $420,000
Maryland Range: $157,500 - $420,000
NYC/Long Island/Westchester Range: $157,500 - $420,000
About Us
At BDO, how we show up matters. We build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping one another grow and succeed. Here, you'll find meaningful work, leaders invested in your success, and opportunities to build a career around what matters most to you.
Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. Our values guide how we bring that purpose to life each day. Together, they shape how we work with one another, serve our clients, and create meaningful impact.
BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. No matter your role, you'll be part of a team helping clients navigate complexity and move forward with clarity.
We are proud to be an ESOP company, offering participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. As a qualified retirement plan, the ESOP is a meaningful addition to our comprehensive compensation and Total Rewards benefits* offerings. It also reinforces an ownership mindset that strengthens our connection to one another, our clients, and the future we're building together.
*Benefits may be subject to eligibility requirements.
Locations 225 W. Randolph Street, Chicago, IL, 60606, US 2033 N Main St, Walnut Creek, CA, 94596, US 3570 Carmel Mountain Road, San Diego, CA, 92130, US 2715 Jorie Blvd, Oak Brook, IL, 60523, US 3 Executive Campus, Cherry Hill, NJ, 08002, US 9500 Bryn Mawr Ave, Rosemont, IL, 60018, US Two Union Square, Seattle, WA, 98101, US 33 600 Anton Boulevard , Costa Mesa, CA, 92626, US 400 Atlantic Street, Stamford, CT, 06901, US 90 Woodbridge Center Dr., Woodbridge, NJ, 07095, US 25 201 Old Country Road, Melville, NY, 11747, US 19 221 N. Wall Street, Spokane, WA, 99201, US One Bush Street, San Francisco, CA, 94104, US 53 300 Park Avenue, San Jose, CA, 95110, US 15 One International Place, Boston, MA, 02110, US 200 Park Avenue, New York, NY, 10166, US 4 515 S Flower St, Los Angeles, CA, 90071, US
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Worksite address
chicago, IL, 60290, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.