Partnership Manager, Tax

The Partnership Manager, Tax is responsible for providing tax and consulting services to our Pass-Through clients.

Job Duties

Performs tax planning, preparation and research for Pass-Through business, manages client engagements, supervises and reviews work of team staff members, works closely with clients as well as internal managers and partners

Performs write‑up of books and records for the business as well as composes 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 pursues increased tax knowledge through client assignments and current tax developments

Tax Compliance

Ensures that clients comply with all applicable authorities while minimizing their tax and reporting burdens, and that self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (“TQM”)

Conducts top‑level review of tax returns and resolves all tax issues with client; involves specialists where appropriate

Communicates any issues identified in tax accrual reviews with client and Assurance

Plans and reviews the tax process and procedures, including

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; frames issues and reports analysis clearly and concisely

Applies firm and professional standards for preparation of written tax advice and tax returns

Involves firm specialists where appropriate

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 provides review comments

Trains Associates and Seniors on 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 associates

Qualifications, Knowledge, Skills and Abilities
Education:

Bachelor’s degree in Accounting or other relevant field, required

Experience:

Five (5) plus years of public accounting experience working in the private client area (individual, estate, partnership, S‑corporation, trust, and private foundation tax/consulting clients), required

License/Certifications:

CPA certification, required

Software:

Proficient in Microsoft Office Suite

Language:

N/A

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

Advanced knowledge and experience with subchapter K of the Internal Revenue Code of 1986 as amended

Working knowledge of and experience working with Targeted Capital Account Agreements

704(b) Capital & Tax Capital account maintenance

704(c) allocations

Knowledge of optional basis adjustments under sections 734 & 743

Knowledge of section 752 liability allocations

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

California Range: $110,000 – $150,000
Colorado Range: $95,000 – $130,000
Illinois Range: $105,000 – $130,000
Maryland Range: $113,000 – $120,000
Massachusetts Range: $120,000 – $130,000
Minnesota Range: $90,000 – $120,000
New Jersey Range: $115,000 – $140,000
NYC/Long Island/Westchester Range: $125,000 – $160,000
Washington Range: $95,000 – $125,000
Washington DC Range: $120,000 – $140,000

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