Tax Managing Director, Private Client Services

Job Summary

Private Client Services at BDO is a boutique practice within our firm. Offering

a high touch approach, we have extensive experience serving high net-worth

individuals, their families, family offices, C-Suite executives, athletes,

entertainers, as well as other people with complicated tax and financial

structures. The Private Client Services Practice is experienced in all aspects

of estate, income, gift, and trust tax consulting and compliance; charitable

giving and philanthropic foundations; executive compensation; and cash-flow,

retirement, and life insurance planning.

A Tax Managing Director, Private Client Services (PCS) is responsible for

utilizing their educational background and professional experience as well as

their communication, time management, leadership, technical, business

development, and people skills to provide tax compliance and consulting services

to our high net-worth clients. The Tax Managing Director is a critical member of

the office/region leadership team.

Job Duties

• 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

• Introduces and develops new or improved ideas to improve the position of

clients, the Firm, or Firm personnel,

• May be required to present complex strategies to clients and prospective

clients

• Advises clients on tax implications and recommend alternative courses of

action and identify different methods of compliance

• Manages and monitors key performance indicators (KPI’s) as established by the

business line

• Other duties as required

Supervisory Responsibilities

• Supervises 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.S.

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

• 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
• 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

• 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

• 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
• 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

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.

California Range: $215,000 - $270,000

Colorado Range: $170,000 - $225,000

Illinois Range: $175,000 - $250,000

Maryland Range: $185,000 - $260,000

Massachusetts Range: $215,000 - $300,000

Minnesota Range: $170,000 - $250,000

New Jersey Range: $190,000 - $350,000

Ohio Range: $150,000 - $300,000

NYC/Long Island/Westchester Range: $230,000 - $350,000

Washington Range: $180,000 - $240,000

Washington DC Range: $190,000 - $300,000

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

[https://insights.bdo.com/rs/116-EDP-270/images/BDO-Benefits-Brochure.pdf]!

*Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability/vets

Click here to find out more

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