Managing Director, Consulting - Employee Stock Ownership Plan

Forvis Mazars US; Birmingham (AL); On-site; USD 180,000 - 280,000; Full time

Job summary

Forvis Mazars, LLP is seeking an experienced Managing Director for ESOP Consulting & Administration in Birmingham, AL. You will lead complex ESOP engagements, advise clients, supervise administration, and mentor teams while driving growth across the ESOP practice.

The role requires deep ESOP/ERISA knowledge, senior leadership presence, and a track record in business development. You will collaborate with trustees, lenders, and legal professionals to deliver integrated ESOP solutions and

Qualifications

• Bachelor's degree in Accounting, Finance, Economics, Business Administration, or related field.
• 11+ years of progressive ESOP consulting, administration, transaction advisory, valuation, or related employee benefits services.
• Strong knowledge of ESOP regulations, ERISA requirements, and relevant tax laws.
• Advanced Microsoft Excel skills with complex modeling.
• Proven success leading client engagements and acting as trusted advisor.
• Experience coaching, mentoring, and developing professionals.
• Business development and relationship management capabilities.
• Exceptional written, verbal, and executive communication skills.
• Ability to manage multiple priorities while delivering high-quality client service.
• CPA, CEPA, CFA, ASA, or other designation preferred.

Responsibilities

• Lead ESOP feasibility studies and transaction planning engagements.
• Serve as primary advisor for key ESOP clients and provide strategic guidance.
• Oversee ESOP transaction execution and coordinate among stakeholders.
• Direct ESOP administration services including recordkeeping and compliance testing.
• Lead repurchase obligation studies and long-term forecasting analyses.
• Provide ESOP regulatory and tax-related technical expertise.
• Identify client challenges and develop practical, risk-balanced solutions.
• Mentor and develop high-performing teams; foster collaboration.
• Collaborate across service lines to deliver integrated solutions.
• Support practice growth through business development and networking.

Skills

11+ years ESOP experience

ESOP regulations

Client engagements leadership

Mentoring

Business development

Relationship management

Communication

Multitasking

Strategic thinking

Education

Bachelor's degree in Accounting, Finance, Economics, Business Administration

CPA/CEPA/CFA/ASA designation preferred

Tools

Excel

Job description

We are seeking an experienced and entrepreneurial professional to join our growing Employee Stock Ownership Plan (ESOP) practice as a Managing Director, ESOP Consulting & Administration.

This leadership role offers the opportunity to work closely with business owners, executive leadership teams, trustees, and boards of directors to design, implement, and administer ESOP solutions that support long-term business success and employee ownership strategies.

As a Managing Director, you will lead complex client engagements, provide strategic ESOP guidance, mentor professionals, and help drive the growth and expansion of our ESOP practice. The ideal candidate combines strong technical expertise with exceptional leadership, relationship management, and business development skills.

What You Will Do

• Lead ESOP feasibility studies, ownership transition strategies, and transaction planning engagements
• Serve as the primary advisor for key ESOP clients, delivering strategic guidance and an exceptional client experience
• Oversee ESOP transaction execution and coordinate activities among clients, trustees, lenders, legal counsel, valuation professionals, and internal engagement teams
• Direct ESOP administration services, including recordkeeping, participant allocations, compliance testing, and regulatory reporting
• Lead the preparation and review of repurchase obligation studies and long-term forecasting analyses
• Provide technical expertise related to ESOP regulations, ERISA requirements, and applicable tax laws
• Identify client challenges and develop practical, risk-balanced solutions that support client objectives
• Build, develop, and mentor high-performing teams while fostering a collaborative culture
• Collaborate across service lines to deliver integrated solutions and strengthen client relationships
• Support practice growth through business development activities, networking, thought leadership, referrals, and marketplace visibility
• Identify opportunities to expand services within existing client relationships and generate new business opportunities
• Contribute to strategic initiatives that enhance operational effectiveness, scalability, and service delivery

Minimum Qualifications

• Bachelor's degree in Accounting, Finance, Economics, Business Administration, or a related field
• 11+ years of progressive experience in ESOP consulting, administration, transaction advisory, valuation, or related employee benefits services
• Strong knowledge of ESOP regulations, ERISA requirements, and relevant tax laws
• Advanced Microsoft Excel skills, including complex financial modeling, formulas, macros, and data analysis
• Proven success leading client engagements and serving as a trusted business advisor
• Demonstrated experience coaching, mentoring, and developing professionals
• Strong business development and relationship management capabilities
• Exceptional written, verbal, presentation, and executive-level communication skills
• Ability to manage multiple priorities while delivering high-quality client service
• CPA, CEPA, CFA, ASA, or other relevant professional designation preferred

Preferred Qualifications

• Demonstrated ability to build, grow, and scale a professional services practice
• Proven success developing new client relationships and generating revenue opportunities
• Strong leadership presence with the ability to influence and collaborate across multiple stakeholder groups
• Strategic mindset with a focus on innovation, continuous improvement, and results
• Commitment to talent development, mentorship, and team-building

About Forvis Mazars, LLP

Forvis Mazars, LLP is an independent member of Forvis Mazars Global, a leading global professional services network. Ranked among the largest public accounting firms in the United States, our 7,000+ team members deliver assurance, tax, and consulting services to clients in all 50 states and internationally.

With a legacy spanning more than 100 years, we're building something different. We are guided by a shared promise: Together, we create extraordinary experiences. That means delivering an Unmatched Client Experience® while creating a workplace where relationships matter, learning fuels growth, and every person feels valued and supported to thrive.

What We Offer

Our robust total rewards program and flexible work environment reflect our commitment to people, careers, and well-being-empowering our team to grow and thrive while delivering exceptional service. To explore what makes working at Forvis Mazars special, visit www.forvismazars.us/careers.

Legal Notice

Forvis Mazars, LLP is an equal opportunity/affirmative action employer in accordance with applicable law. Employment selection and related decisions are made without regard to age, race, color, sex, sexual orientation, national origin, religion, genetic information, disability, protected veteran status, gender identity, or other protected classifications.

It is Forvis Mazars, LLP standard policy not to accept unsolicited referrals or resumes from any source other than directly from candidates.

Forvis Mazars, LLP expresses the right not to consider any unsolicited referrals, resumes or CVs from vendors including and without limitation, search firms, staffing agencies, fee-based referral services, and recruiting agencies.

Forvis Mazars, LLP further reserves the right not to consider any unsolicited referrals, resumes or CVs from vendors including and without limitation, search firms, staffing agencies, fee-based referral services, and recruiting agencies.

Forvis Mazars, LLP expressly reserves the right not to pay a fee to a recruiter or recruiting agency unless such recruiter or recruiting agency has a signed vendor agreement with Forvis Mazars, LLP. Any resume(s) or CV(s) submitted to anyone working for Forvis Mazars, LLP or submitted to a Forvis Mazars, LLP general email, without having a Forvis Mazars, LLP vendor agreement in place, will be considered the property of Forvis Mazars, LLP.