Tax Managing Director, Private Client & Family Office Services at BDO USA

Tax Managing Director, Private Client & Family Office Services

The Tax Managing Director, Private Client & Family Office Services (PCS-FOS) provides overall direction and oversight for the PCS-FOS Practice, including business development, practice development and client management. This role is expected to collaborate with firm leadership on overall approach and direction of the PCS-FOS Practice to ensure consistency with overall firm philosophy.

The PCS-FOS Managing Director applies educational background, experience and industry knowledge of business issues, trends and economics on client work. This position is a critical part of the office's/region's leadership team. The PCS-FOS Managing Director leads and reviews the results of financial and advisory services of a given client engagement, is involved in supervision, "big-picture" problem solving and scheduling client projects to the appropriate personnel. In addition, this position is responsible for developing and mentoring PCS-FOS management and staff.

The PCS-FOS Managing Director is responsible for marketing, networking and business development, as well as maintaining key client relationships. This role identifies, discusses and advises the client on key financial and non-financial performance measures, formulating and communicating a strategy plan and answering complex financial questions. The Managing Director also applies experience and knowledge of business processes to improve client internal controls and accounting procedures through process improvement suggestions.

Job duties include:

• Client service delivery
• Business development
• Developing others
• Practice management/administration
• Tax related duties

Qualifications, knowledge, skills and abilities include:

• Education: Bachelor's degree and ten (10) or more years of experience performing general accounting transactions and functions, required; OR High School Diploma and twelve (12) or more years performing general accounting transactions and functions with some supervisory and consultative or business advisory experience, required. Bachelor's Degree in Accounting or Finance, preferred. MBA or Masters in Accountancy, preferred
• Experience: Six (6) or more years of supervisory experience, required. Consultative or business advisory experience, required. Experience working with outsourced and/or delivery center operations, preferred
• License/Certifications: CPA certification, preferred
• Software: Proficient in the use of the Microsoft Office Suite, specifically Excel, Word, and PowerPoint, required. Experience utilizing industry standard accounting software such as Intuit's QuickBooks Online (QBO), Xero, Sage Intacct, and BILL, preferred. Prior experience utilizing industry recognized accounting research tools, preferred
• Language: N/A
• Other Knowledge, Skills & Abilities: Excellent verbal and written communication skills. Comfortable with ambiguity, knows when to create clarity (or when clarity is possible) versus when to make progress without full definition. Takes personal accountability for work products and accepts constructive feedback to guide future actions. Knows what is required from a compliance perspective and what is considered a standard or best practice for the industry or business structure. Fully understands the finance and accounting functions performed for large and complex clients and common best practices/processes for how they operate, as well as how they interact; understands other business imperatives/functions (e.g. data security, internal controls, etc.) and how they can affect the finance and accounting functions; uses this knowledge to analyze the current structure of a client and identify what services or processes may be inefficient or missing, and where BDO can add value, as well as advise on best practices for their overall financial ecosystem. Presents with a high level of competence, confidence, and effectiveness in a variety of settings and to a variety of audiences; presents well to all levels of management, internally and with clients; communicates in a clear and concise manner, and uses impactful and memorable language to emphasize key points; persuades others to their points of view; self-aware knows when an approach is not working and can change course immediately. Strong analytical and advanced research skills. GAAP and TAX knowledge, financial statement presentation, and report writing. Strong organizational skills especially the ability to meet project deadlines with a focus on details. Capable of working in a demanding, deadline-driven environment while handling multiple projects simultaneously and managing a diverse staff to accomplish desired results. Direct and prioritize multiple teams to successfully execute on engagements. Manages relationships for large and complex clients. Capable of effectively managing a team of professionals and contributing to the professional development of assigned personnel. Strategically identifies with whom to build relationships at BDO to support their business; builds rapport and trust with other professionals easily; educates other professionals on the practice's approach, services, and client value proposition. Ability to travel up to 10-15% of the time

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.

Colorado Range: $170,000 - $225,000 Illinois Range: $140,000 - $190,000 Maryland Range: $185,000 - $260,000 Massachusetts Range: $215,000 - $300,000 Minnesota Range: $130,000 - $190,000 New Jersey Range: $190,000 - $350,000 NYC/Long Island/Westchester Range: $230,000 - $350,000 Washington DC Range: $190,000 - $300,000