Manager

As a Manager/Experience Manager in our Core Tax Services practice, you will leverage your education and professional experience to serve BDO USA clients. You will be responsible for assisting clients, primarily from the Financial Services Sector (Partnership/Corporate), with various tax implications related to their business and investment structures, while ensuring compliance with federal, state, and local taxes.

Key Responsibilities

• Client Support: Assist BDO USA clients with tax compliance and reporting, reviewing and processing their federal, state, and local tax returns and relevant forms, utilizing appropriate software tools and processes to enhance the client experience.
• Tax Computation & Reviews: Analyze and review tax computations, tax returns, and related forms, ensuring adherence to IRC regulations and code sections. Process tax returns and forms according to BDO milestones and protocols.
• Tax & Book Reporting: Work with the team to analyze BDO USA client's Book (GAAP) vs. Tax (IRS/IRC) reporting, identifying and reviewing book-to-tax differences. Focus on reporting items like:
• Depreciation and amortization (Fixed assets)
• Sales and disposals (book vs. tax gains/losses)
• Tax allocations (e.g., Incentive allocations, performance fees, and revaluation tracking)
• Tax elections, etc.
• Tax Reporting Analysis: Review realized and unrealized transactions to identify potential book-to-tax differences in accordance with IRC tax regulations, including areas such as:
• Wash sales, straddle transactions, and other complex securities-related issues
• OID and MD (Original Issue Discount & Market Discount)
• Dividend analysis, etc.
• Partnership Agreements: Review and assess the partnership agreement for changes related to allocation shifts, ownership changes, structure or investment changes, and ensure tax implications are properly communicated.
• Scheduling & Team Success: Take ownership of self and team schedules. As a manager, you will lead client engagements, communicate proactively on potential challenges, and ensure the team successfully meets milestones.
• Team Leadership & Mentoring: Lead and mentor preparers and reviewers, providing coaching and training on tax technical and soft skills. Guide team members on their professional growth, sharing insights and vision for the practice.
• Collaboration & Continuous Learning: Collaborate with practice leads to share insights and contribute to BDO USA client service improvement. Stay updated with IRS/IRC regulations, tax reforms, and other industry developments to continuously enhance technical expertise.

Qualifications

• Education:
• Bachelor's degree in Accounting or a related field (required)
• Master's degree in Accounting (beneficial)
• Master's degree in Taxation (preferred)
• Experience:
• 8+ years of prior experience in tax services, especially in Financial Services (Private Equity, Hedge Funds, Fund of Funds, etc.)
• Experience in reviewing federal 1065 tax forms for different industries
• Proficiency in reviewing federal and state estimated tax payments
• International tax return review experience (U.S. Federal)
• Supervisory experience required
• Familiarity with tax accounting policies, general ledger management, and tax savings identification
• Certifications:
• CPA or Enrolled Agent certification (or in the process of obtaining)

Skills & Abilities

• Strong verbal and written communication skills
• Ability to manage engagement workflow and lead teams
• Analytical and critical thinking capabilities
• Capacity to mentor, guide, and foster team development
• Proactive and able to handle complex tax compliance issues
• Client relationship management and delivering high-quality service
• Strong organizational and time management skills

Software Proficiency

• Proficient with Microsoft Office Suite (Excel, PowerPoint, Word, Outlook)
• Tax compliance software (e.g., GoFileRoom, GoSystemRS, Caseware, Vertex)
• Familiarity with tax research databases such as BNA and RIA
• Knowledge of tax technical platforms, including Power Query, Access, and others