Tax Manager

Job Summary:

The Private Client Services Manager is responsible for providing tax and consulting services to our high net worth clients.

Job Duties:

• Performs Tax planning, preparation and research for high net worth individuals and related business, trusts, estates, and charitable entities
• Manages client engagements, supervises and reviews work of team staff members, work closely with clients as well as internal managers and partners
• Performs write-up of books and records for business and charitable entities as well as compose written tax advice or responses to IRS inquiries
• Contributes to client satisfaction by providing timely services and work product
• Demonstrates an understanding of tax concepts and actively pursuing increased tax knowledge through client assignments and current tax developments
• Tax Compliance
  • Ensures 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 T/R and resolves all tax issues with client; involves specialists where appropriate
    • Communicates with client and Assurance any issues identified in tax accrual reviews
    • Plans and reviews the tax process and the procedures to be performed to include:
      • Budgeting and staffing
      • Monitoring engagement process and actual time incurred vs. budget with assistance of Senior
      • Timely billing including management of identified out-of-scope activity and communication to client
      • Timely collection of A/R
    • Manages client relationships/expectations in accordance with the project
    • Provides advice to clients in a timely manner
• Research
  • Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis
    • Applies most 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 the position of clients, the Firm, or Firm personnel, e.g., by 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 on prior projects, and offers input on how to improve processes and methods
• Other duties as required

Supervisory Responsibilities:

• Responsible for building a team of professionals by training and working together to serve our 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 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 associate

Qualifications, Knowledge, Skills and Abilities:

Education:

• Bachelors degree in Accounting or other relevant field required
• Masters degree in Accounting or Taxation preferred

Experience:

• 2-5 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 required
• Certified financial planning license or Professional financial planning license preferred

Software:

• Proficient in Microsoft Office Suite

Language:

• N/A

Other Knowledge, Skills & Abilities:

• Detailed 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