Tax Managing Director (PCS) at BDO International

Job Summary:The Tax Managing Director (PCS) is responsible for providing tax and consulting services to our high net worth clients as well as managing, developing and growing the local Private Client Services practice.Job Duties:Coordinates and performs tax planning, preparation and research for high net worth individuals and related business, trusts, estates, and charitable entitiesOversees client engagements, supervises and reviews work of staff members, and works closely with clients as well as internal managers and partnersConsults  with high net worth clients with written tax advice or responses to IRS inquiriesCoordinates with national Private Client Services team as well as communicating and implementing initiatives in the local practice officeActively grows Private Client Services practice in the local market through business development initiativesTax ComplianceEnsures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (TQM)Conducts top level review of tax filings and resolves all tax issues with client; involves specialists where appropriateManages engagements to achieve engagement management metrics and practices hands-on client service deliveryResponsible for overall client service by encouraging team’s adherence to TQM policies (including engagement letters, documentation, etc.)ResearchIdentifies when research is needed; clearly and concisely frames issues to be researched; and reports the analysis Identifies complex issues to be researched by engagement team and provides research methodology for efficient research processInvolves technical reviewers for written tax advice in an area of expertise, as applicable to roleStrategy DevelopmentIntroduces 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 benefitsPresents complex strategies to clients and prospective clientsOther duties as requiredSupervisory Responsibilities:Builds a team of professionals by training and working together to serve our high net worth clients with timely responses to their needsSupervises Associates, Senior Associates and Managers on all projectsReviews work prepared by Associates, Senior Associates and Managers and provides review commentsEnsures that Associates and Senior Associates  are trained on all current software toolsActs as a Career Advisor to Associates, Senior Associates and ManagersManages workload of Associates, Senior Associates and ManagersProvides verbal and written performance feedback to Associates, Senior Associates and ManagersQualifications, Knowledge, Skills and Abilities:Education:Bachelors degree in Accounting, required Masters degree in Accounting or Taxation, preferredExperience:Ten (10) or more years of public accounting experience working in the private client area, (i.e
working on individual, estate, partnership, S-corporation, trust, and private foundation tax/consulting clients), required License/Certifications:CPA certification, requiredCertified financial planning license or Professional financial planning license, preferredSoftware:Experience with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat, requiredExperience with tax research databases such as BNA and RIA , requiredFamiliar with tax compliance process software including GoFileRoom, GoSystemRS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers, requiredOther Knowledge, Skills& Abilities:Ability and desire to implement business development strategies and expand the Private Client Services practice in the local marketSuperior verbal and written communication skillsAbility to effectively delegate work as neededStrong analytical, research and critical thinking skills as well as decision-making skillsCapacity to work well in a team environmentCapable of developing and managing a team of tax professionalsAbility to compose written tax adviceCapable of effectively developing and maintaining client relationshipsDemonstrates an executive presence and the ability to act as primary client contact for preparation and presentation of issues and resolutions to clientsJoin 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 clientsEmpowering team members to explore their full potentialOur talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunitiesCelebrating ingenuity and innovation to transform our business and help our clients transform theirsFocus on resilience and sustainability to positively impact our people, clients, and communitiesBDO 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/vetsClick here to find out more!Full timePosting Date: 2024-10-09