Partnership Tax Senior, Advanced Computational Services

JOB DESCRIPTION

As a Tax Senior, Partnerships, you will be responsible for utilizing basic research skills and applying your educational background to assist in 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 Tax Senior, Partnerships will apply their knowledge and experience to understand potential partnership taxation issues and assist in the preparation of partnership specific computations. The Tax Senior, Partnerships is a critical member of the Partnerships team and will be exposed to marketing and business development activities of the group. In addition, the Tax Senior, Partnerships will be exposed to process improvement and team-building initiatives, maintaining client relationships, and will act as a source of guidance to staff. Job Summary As a Tax Senior, Partnerships, you will be responsible for utilizing basic research skills and applying your educational background to assist in 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 Tax Senior, Partnerships will apply their knowledge and experience to understand potential partnership taxation issues and assist in the preparation of partnership specific computations. The Tax Senior, Partnerships is a critical member of the Partnerships team and will be exposed to marketing and business development activities of the group. In addition, the Tax Senior, Partnerships will be exposed to process improvement and team-building initiatives, maintaining client relationships, and will act as a source of guidance to staff. 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 Trains and mentors’ interns and associates Trains interns and associates on how to use all current software tools, as needed Research Assists in identifying when research is needed; works with leadership to concisely frame issues to be researched and clearly and concisely reports the analysis Assists in identifying complex issues to be researched by engagement team and provides research methodology for efficient research process May train interns and associates on research skills and help 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 collaborate with leadership on recommending solutions Works with leadership to maximize client benefits, especially by decreasing client taxes, while managing riskAssists with the implementation of applicable Firm strategies Assists in managing client expectations Other duties as required Supervisory Responsibilities Participates in scheduling and managing workload of interns and associates May supervise day to day workload of interns on various projects May review work prepared by interns and associates and provide review comments Education Qualifications, Knowledge, Skills and Abilities: Bachelor’s degree, required; major in Accounting, Finance, Economics or Statistics, preferred Master’s in Accountancy or Taxation, preferred Experience Two (2) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience, required Specialized partnership 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 Excellent verbal and written communication skills Capable of effectively delegating work as needed Strong analytical and basic research, critical thinking and decision-making skills Ability to work well in a team environment 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 contribute to positive team environment on engagements and to the professional development of team personnel Professional presence and ability to act as primary contact on assigned engagements 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: $73,500 - $131,250 Maryland Range: $73,500 - $131,250 NYC/Long Island/Westchester Range: $73,500 - $131,250 Washington DC Range: $73,500 - $131,250 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 Click here to find out more ! 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" #J-18808-Ljbffr BDO USA