Partnership Experienced Tax Manager, Advanced Computational Services

BDO USA; Chicago (IL); On-site; USD 94,500 - 189,000; Full time

Job summary

BDO USA is seeking an experienced Manager in its Partnerships group to advise clients on partnership tax implications and related computations. The role involves applying deep knowledge of 704(b), reallocation issues, and TRA calculations, while leading the team and contributing to process improvements and client relationship management.

Ideal candidates will have six or more years in tax related to partnerships, CPA/EA or legal credentials preferred, and strong supervisory skills to guide

Qualifications

• Bachelor’s degree in accounting, finance, economics or statistics; CPA/EA preferred
• Six+ years of relevant tax experience in partnerships or related fields
• Specialized partnership experience is required
• Prior supervisory experience is preferred
• Private equity experience is a plus

Responsibilities

• Advise clients on partnership tax implications and items
• Lead research and reporting on partnership taxation issues; frame issues for analysis
• Develop and implement efficient tax strategies to maximize client benefits
• Mentor and manage a team of tax professionals; oversee workloads and deliverables

Skills

Partnership taxation

Supervisory experience

Research skills

Client relationship management

Microsoft Office

Education

Bachelor’s Degree in Accounting/Finance

Master’s Degree in Accountancy or Taxation

Tools

Tax research databases

Tax compliance software

Microsoft Office Suite

Job description

JOB DESCRIPTION

An Experienced Manager in BDO’s Partnerships group, is responsible for advising clients on the tax implications of their business objectives and various partnership specific items including but not limited to section 704(b) and taxable income allocations, capital account maintenance, liability analysis and allocations, section 734(b) and 743(b) adjustment calculations and Tax Receivable Agreement (TRA) calculations. In this role the Partnerships Experienced Manager applies their knowledge and experience to understand potential partnership taxation issues and assists in the preparation of partnership specific computations. The Experienced Manager is key to the leadership team of the Partnership Practice and actively participates in the development of the group. In addition, the Partnerships Experienced Manager is an active participant in process improvement and team‑building initiatives, maintains client relationships, and acts as a source of guidance to other team members.

Job Summary

An Experienced Manager in BDO’s Partnerships group, is responsible for advising clients on the tax implications of their business objectives and various partnership specific items including but not limited to section 704(b) and taxable income allocations, capital account maintenance, liability analysis and allocations, section 734(b) and 743(b) adjustment calculations and Tax Receivable Agreement (TRA) calculations. In this role the Partnerships Experienced Manager applies their knowledge and experience to understand potential partnership taxation issues and assists in the preparation of partnership specific computations. The Experienced Manager is key to the leadership team of the Partnership Practice and actively participates in the development of the group. In addition, the Partnerships Experienced Manager is an active participant in process improvement and team‑building initiatives, maintains client relationships, and acts as a source of guidance to other team members.

Job Duties

Tax Specialization

• Maintains and develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation

Research

• Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis
• Identifies complex issues to be researched by the engagement team and provides research methodology for an efficient research process
• Trains associates and senior associates on research skills and helps to appropriately frame tax issues for analysis
• Involves firm specialists, as appropriate

Tax Consulting

• Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes
• Applies the combination of tax knowledge and knowledge of business/industry to recommend solutions
• Maximizes client benefits, especially by decreasing client taxes, while managing risk
• Implements applicable Firm strategies
• Manages client expectations

Tax Specialization

• Develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation
• May be required to participate in organizing and conducting, effective external CPE training sessions in area of specialization, involving Firm specialists, at a minimum of once per year
• Other duties as required

Supervisory Responsibilities

• Supervises associates and senior associates on all projects
• Reviews work prepared by associates and senior associates and provides review comments
• Trains associates and senior associates 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
• Trains and mentors’ associates, senior associates, and managers
• Provides verbal and written performance feedback to associates and senior associates and managers

Education

Qualifications, Knowledge, Skills, and Abilities

• Bachelor’s Degree, required; focus in Accounting, Finance, Economics, or Statistics, preferred
• Master’s Degree in Accountancy or Taxation, preferred

Experience

• Six(6) or more years of prior relevant tax experience and/or public accounting, private industry accounting, or consulting/professional services experience, required
• Specialized partnership experience, required
• Prior supervisory experience, preferred
• Private equity experience, both fund and portfolio company levels, preferred

License/Certifications

• CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent ("EA") (or the equivalent of one of these designations), preferred
• Possession of other professional degrees or certifications applicable to role, preferred

Software

• Proficient with the Microsoft Office Suite, preferred
• Experience with tax research databases and tax compliance process software, preferred

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
• Ability to work well in a team environment
• Ability to develop and manage a team of tax professionals
• Ability to effectively develop and maintain client relationships
• Solid organizational skills, especially ability to meet project deadlines with a focus on details
• Ability to successfully multi‑task while working independently and within a group environment
• Ability to work in a deadline‑driven environment and handle multiple projects simultaneously
• Ability to build and maintain strong relationships with firm and client personnel and the ability to successfully interact with professionals at all levels
• Ability to cultivate a positive team environment on engagements and contribute to the professional development of team personnel
• Executive presence and ability to act as primary contact on assigned engagements

Salary

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.

National Range: $94,500 - $189,000

Maryland Range: $94,500 - $189,000

NYC/Long Island/Westchester Range: $94,500 - $189,000

Washington DC Range: $94,500 - $189,000

About Us

At BDO, how we show up matters. We build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping one another grow and succeed. Here, you’ll find meaningful work, leaders invested in your success, and opportunities to build a career around what matters most to you.

Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. Our values guide how we bring that purpose to life each day. Together, they shape how we work with one another, serve our clients, and create meaningful impact.

BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. No matter your role, you’ll be part of a team helping clients navigate complexity and move forward with clarity.

We are proud to be an ESOP company, offering participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well‑being. As a qualified retirement plan, the ESOP is a meaningful addition to our comprehensive compensation and Total Rewards benefits* offerings. It also reinforces an ownership mindset that strengthens our connection to one another, our clients, and the future we’re building together.

Learn more about our benefits: BDO Total Rewards encompass more than traditional benefits. Click here to find out more !

• Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability/vets

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.

BDO USA, P.A. is an EO employer M/F/Veteran/Disability