BDO USA
Tax Managing Director, Private Client Services
BDO USA, Atlanta, Georgia, United States, 30383
Overview
Tax Managing Director, Private Client Services (PCS) is a leadership role within Private Client Services at BDO USA. The PCS practice serves high net-worth individuals, their families, family offices, C-Suite executives, athletes, entertainers, and others with complex tax and financial structures. The Practice covers estate, income, gift, and trust tax consulting and compliance; charitable giving and philanthropic foundations; executive compensation; and cash-flow, retirement, and life insurance planning. Job Description
A Tax Managing Director, Private Client Services utilizes their education, professional experience, communication, time management, leadership, technical, business development, and people skills to provide tax compliance and consulting services to high net-worth clients. They are a critical member of the office/region leadership team. Responsibilities
Leads tax and consulting engagements and teaches their team the skills needed to identify and address 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 in-depth 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 Supervisory Responsibilities
Ability to supervise associates, senior associates and managers, as the situation dictates Reviews work prepared by associates and senior associates and provide review comments 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 Education, Qualifications, Knowledge, Skills, and Abilities
Bachelor’s degree, required; major in Accounting, Finance, Economics, or Statistics, preferred Master’s degree in Accountancy or Taxation, preferred Experience
Ten (10) or more years prior experience in accounting, finance, or law, required Expertise 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 Microsoft Office Suite (Word, Excel, 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 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 Takes joint responsibility for the success of the practice
Communication
Expresses themselves effectively verbally and in writing; synthesizes complex thoughts into clear, concise language and presents a cohesive narrative Communicates status to the client as requested; resolves client service issues in a timely and acceptable manner
Leadership
Manages and monitors key performance indicators (KPIs) as established by the business line Actively participates in practice matters such as recruitment, staff development, scheduling, and retention
Technical Skills
Develops an in-depth understanding of the technical and practical issues for high net-worth individuals and their families; applies standards; is recognized as an industry expert; uses expertise to advise clients and propose actions Introduces and develops new ideas to improve client position and firm performance; may present complex strategies to clients and prospects
Business Development
Spends time developing their network among financial decision-makers and referral sources Seeks opportunities for new professional contacts and networks professionally outside of BDO
People Development
Supervises, develops, and trains employees; acts as a Career Advisor; meets with advisees to set goals and provide holistic feedback for career growth
Individual salaries offered are determined after consideration of qualifications, experience, skills, and geography. California Range: $215,000 - $270,000; Colorado Range: $170,000 - $225,000; Illinois Range: $175,000 - $250,000; Maryland Range: $185,000 - $260,000; Massachusetts Range: $215,000 - $300,000; Minnesota Range: $170,000 - $250,000; New Jersey Range: $190,000 - $350,000; NYC/Long Island/Westchester Range: $230,000 - $350,000; Washington Range: $180,000 - $240,000; Washington DC Range: $190,000 - $300,000 About Us
Join us at BDO, where you will find more than a career. We offer flexibility and opportunities for advancement. Our culture centers on meaningful connections, curiosity, and being true to yourself, while making a positive difference. BDO is proud to be an ESOP company, reflecting a culture that shares in growth with our U.S. team. The ESOP stands as a compelling addition to our compensation and Total Rewards benefits offerings. Equal Opportunity Employer, including disability/vets. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
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Tax Managing Director, Private Client Services (PCS) is a leadership role within Private Client Services at BDO USA. The PCS practice serves high net-worth individuals, their families, family offices, C-Suite executives, athletes, entertainers, and others with complex tax and financial structures. The Practice covers estate, income, gift, and trust tax consulting and compliance; charitable giving and philanthropic foundations; executive compensation; and cash-flow, retirement, and life insurance planning. Job Description
A Tax Managing Director, Private Client Services utilizes their education, professional experience, communication, time management, leadership, technical, business development, and people skills to provide tax compliance and consulting services to high net-worth clients. They are a critical member of the office/region leadership team. Responsibilities
Leads tax and consulting engagements and teaches their team the skills needed to identify and address 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 in-depth 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 Supervisory Responsibilities
Ability to supervise associates, senior associates and managers, as the situation dictates Reviews work prepared by associates and senior associates and provide review comments 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 Education, Qualifications, Knowledge, Skills, and Abilities
Bachelor’s degree, required; major in Accounting, Finance, Economics, or Statistics, preferred Master’s degree in Accountancy or Taxation, preferred Experience
Ten (10) or more years prior experience in accounting, finance, or law, required Expertise 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 Microsoft Office Suite (Word, Excel, 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 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 Takes joint responsibility for the success of the practice
Communication
Expresses themselves effectively verbally and in writing; synthesizes complex thoughts into clear, concise language and presents a cohesive narrative Communicates status to the client as requested; resolves client service issues in a timely and acceptable manner
Leadership
Manages and monitors key performance indicators (KPIs) as established by the business line Actively participates in practice matters such as recruitment, staff development, scheduling, and retention
Technical Skills
Develops an in-depth understanding of the technical and practical issues for high net-worth individuals and their families; applies standards; is recognized as an industry expert; uses expertise to advise clients and propose actions Introduces and develops new ideas to improve client position and firm performance; may present complex strategies to clients and prospects
Business Development
Spends time developing their network among financial decision-makers and referral sources Seeks opportunities for new professional contacts and networks professionally outside of BDO
People Development
Supervises, develops, and trains employees; acts as a Career Advisor; meets with advisees to set goals and provide holistic feedback for career growth
Individual salaries offered are determined after consideration of qualifications, experience, skills, and geography. California Range: $215,000 - $270,000; Colorado Range: $170,000 - $225,000; Illinois Range: $175,000 - $250,000; Maryland Range: $185,000 - $260,000; Massachusetts Range: $215,000 - $300,000; Minnesota Range: $170,000 - $250,000; New Jersey Range: $190,000 - $350,000; NYC/Long Island/Westchester Range: $230,000 - $350,000; Washington Range: $180,000 - $240,000; Washington DC Range: $190,000 - $300,000 About Us
Join us at BDO, where you will find more than a career. We offer flexibility and opportunities for advancement. Our culture centers on meaningful connections, curiosity, and being true to yourself, while making a positive difference. BDO is proud to be an ESOP company, reflecting a culture that shares in growth with our U.S. team. The ESOP stands as a compelling addition to our compensation and Total Rewards benefits offerings. Equal Opportunity Employer, including disability/vets. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
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