Tax Managing Director, Private Client Services

Full-time

No

Job Shift Day
Locations Philadelphia, PA
United States

Summary:

BDO is seeking a Tax Managing Director for their Private Client Services Practice in Philadelphia, PA. This individual will be responsible for providing tax compliance and consulting services to high net-worth clients, as well as acting as a critical member of the office/region leadership team. The Tax Managing Director will also have supervisory responsibilities, including managing workload and providing performance feedback to associates, senior associates, and managers.

Job Title: Tax Managing Director, Private Client Services
Experience: 10+ years in accounting, finance, or law
Salary: $115,000 - $325,000 (depending on qualifications, experience, and geography)

Key Responsibilities:

Leads tax and consulting engagements, identifying and addressing client needs while teaching team members necessary skills
Acts as primary client contact, presenting and resolving issues
Reviews complex tax returns and provides feedback to preparers
Communicates with government agencies for complex matters
Conducts tax research and develops recommendations for clients and advisors
Expands understanding of tax concepts and current developments
Prioritizes and reviews work to keep engagements on track
Utilizes strong analytical, research, and decision-making skills to assist with client needs
Assists with firm responsibilities, such as billing and recruiting
Builds and maintains relationships with BDO professionals and external sources

Qualifications:

Bachelor’s degree in Accounting, Finance, Economics, or Statistics (Master’s degree preferred)
10+ years of experience in accounting, finance, or law
Expertise in private client services
Prior supervisory experience
CPA, EA, or Attorney credentials (or equivalent)
Proficient in Microsoft Office Suite and Adobe Acrobat
Experience with tax compliance process software and research tools

Key Competencies:

Initiative in career and technical development
Effective communication, both written and verbal
Leadership in managing performance and involvement in firm matters
Technical skills in high net-worth tax concepts and research
Business development through networking and recruiting
People development through supervision, coaching, and feedback

Company Overview:

BDO is a leading provider of assurance, tax, digital technology solutions, and financial advisory services in the United States and globally. With industry-specific practices, a cohesive global network, and a commitment to meeting client needs, BDO serves over 400 publicly traded clients. BDO offers a competitive Total Rewards package, including pay, performance bonuses, 401k, insurance, and wellness programs.

Join the BDO team and discover a rewarding career with opportunities for growth and development. Apply now!

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


qualifications, knowledge, skills, and abilities:

education:

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. jurisdiction), or the equivalent of one of these designations, required
possession of other professional degrees or certifications applicable to role, preferred

software:

proficient in the use of microsoft office suite (specifically word, excel, and 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

language:

n/a

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; takes complex thoughts, synthesizes them into works using clear, concise language, and presents a cohesive narrative
communicates status to the client in line with the frequencies the client desires; resolves client service issues in a timely and acceptable manner
leadership
manages and monitors key performance indicators (kpi’s) as established by the business line
internally, behaves as part of the practice leadership group and is actively involved in practice matters such as recruitment, staff learning and development, scheduling, and retention
technical skills
develops an in-depth understanding of the technical and practical issues and opportunities for high net-worth individuals and their families; has expert knowledge of application of standards; recognized as industry expert in specialized field of taxation; use expertise to advise clients on tax implications and recommend alternative courses of action and identify different methods of compliance
introduces and develops new or improved ideas to improve the position of clients, the firm, or firm personnel, e. , by reducing taxes or expenses or providing non-tax benefits; may be required to present complex strategies to clients and prospective clients
business development
spends time developing their network of key financial decision makers, referral sources, and recruits
seizes opportunities for new professional contacts when presented; actively networks professionally outside of bdo
people development
supervises, develops and trains employees
acts as a career advisor; meets regularly with advisees, adding/updating goals as appropriate
delivers holistic feedback to others and advisees about their job performance and career growth; coaches others and advisees to help them develop their careers



individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography

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