• Utilize your educational and professional experience to serve BDO USA clients .
• Will be responsible for assisting BDO USA Clients from various Financial Service Sector (Partnership/Corporate) on
various tax implications according to their business and investment structures and thereby help them on their compliance and
reporting of federal, state, and local taxes by reviewing and processing their tax returns and relevant forms.
• Responsible to work with the team in utilizing appropriate software’s and process to serve BDO USA clients better and
enhance their experience working with BDO.
• Responsible to analyze/review the tax computation, tax returns and other relevant forms, as per IRC regulations and code
sections and process the tax returns and relevant forms through BDO specific tax software’s and as per the BDO Milestones.
• Assisting the group of preparers and initial reviewers by analyzing BDO USA clients Book (GAAP) v/s Tax (IRS/IRC)
reporting and helping the team in identifying/reviewing the book to tax differences and their impact on their business tax
returns along with reporting’s i.e. (Analyzing book and tax AJE, Fixed Assets (Depreciation and Amortizations), Sales and
Disposals(book gain /(loss) v/s tax gain/(loss)), Tax Allocations(Incentive(Water Fall/ Target Allocations), Performance fee,
Stuffing, Reval tracking and carried Allocations), Elections etc.).
• Analyzing and Reviewing Book (realized and unrealized transactions) reports to identify potential book to tax differences
based on IRC tax regulations and reporting’s covering (Wash sale, straddle, constructive sale, short sales, OID and MD,
dividend analysis, etc)..
• Reviewing the partnership agreement for possible shift in allocations, transfers, ownership change, structure or investment
changes.
• Responsible for self and the teams schedule and success, as the managers are expected to lead and will be the primary stake
holder for BDO USA clients and leaders in the practice.
• Responsible for communicating effectively and proactively on any challenges they foresee on the teams’ schedules and tax
implications on their book of business.
• Consistently contributing ideas/opinions with the leaders on the process or software for serving BDO USA clients .
• Maintaining a positive working relationship with BDO USA and BDO RISE members across levels.
• Responsible to lead the team from RISE and helping preparer and reviewers by coaching and providing training based on the
need within the practice through addressing questions related to tax technical and soft skills.
• Responsible to mentor and guide team members on their professional journey and growth by sharing insights and vision for
the practice and RISE in overall.
• Responsible to stay updated with IRS/IRC regulations and tax reforms within the industry and constantly upgrading his/her
technical understanding using various platforms including IRS releases, checkpoints etc.
• Collaborating with our practice leads in BDO USA and thereby contributing his/her experience and skills in serving BDO
USA clients for an everlasting experience along with sharing insights to our practice leaders in RISE to make RISE a better
practice.
Qualifications
• Bachelor’s degree in accounting or other relevant field required
• Master’s degree in accounting beneficial, master’s degree in taxation preferredExperience
• 3+ years of prior experience
• Review of federal and state estimated tax payments.
• Review of federal 1065 for different industries (Private Equity/Hedge Funds/RRE/Fund of Funds/Operating partnership etc)
• Review the international portion of US federal tax returns.
• Manages and ensures appropriate tax accounting in the general ledger.
• Identifies tax savings and exposures and effectively communicates such findings.
• Oversees the development and maintenance of tax accounting policies and standardized procedures.
• Assisting with engagement workflow management and supervising tax consultants and interns on assigned engagements.
• Prior supervisory experience required.
• CPA or Enrolled Agent certification (or in the process of pursuing)
Software
• Experience with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat
• Experience with tax research databases such as BNA and RIA Proficient in all tax compliance process software including
GoFileRoom, GoSystemRS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers
Other Knowledge, Skills & Abilities
• Superior verbal and written communication skills
• Ability to effectively delegate work as needed
• Strong analytical, research and critical thinking skills as well as decision-making skills
• Capacity to work well in a team environment
• Capable of developing and managing a team of tax professionals
• Ability to compose written tax advice
• Capable of effectively developing and maintaining relationships
• Executive presence and ability to act as primary contact for preparation and presentation of issues and resolutions
