Tax Senior Associate, Private Client Services

Company: BDO USA
Location: Boca Raton
Posted on: September 17, 2023

Job Description:

Job Description

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.

Job Duties:

A Private Client Services (PCS) Senior Associate 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.

• Participates in tax and consulting engagements and enhances skills identifying and addressing client needs
• Works with clients and their advisors to gather information needed to prepare tax returns
• Prepares complex individual, trust, estate, S-Corp, foundation, partnership, and gift tax returns, both Federal and State jurisdictions, while demonstrating the ability to follow instructions and actively seek feedback
• Reviews basic individual and trust tax returns and provides written and verbal feedback to staff and interns
• Analyzes tax notices received from government agencies and prepares initial drafts of response
• Identifies technical issues, conducts advanced tax research, and develops sound recommendations for PCS leadership
• Works in a fast-paced, deadline-driven environment both independently and within a team dynamic
• Prioritizes and completes tasks
• Collaborates and builds new relationships with other new professionals both inside and outside the firm
  Supervisory Responsibilities:
  
  • May supervise and manage the day-to-day work assignments of PCS Associates
  • Provides verbal and written performance feedback to PCS Associates, as necessary
  • Acts as mentor to PCS Associates
    Qualifications, Knowledge, Skills and Abilities:
    
    Education:
    
    • Bachelor's degree in Accounting, Finance, Economics, or Statistics, required; OR Bachelor's degree in other focus area and CPA certification, required
    • Master's degree 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
      • Experience in private client service, preferred
      • Prior basic supervisory experience, 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 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
            Languages:
            
            • N/A
              Other Knowledge, Skills & Abilities:
              
              • Initiative
                • Works hard, putting in extra effort when necessary to complete their assignments within given deadlines; self-starting; doesn't need to be explicitly told to put in this effort; when set, meets weekly/engagement hours expectations
                • Owns their own career and technical development; demonstrates self-awareness, actively pursues projects and learning experiences to fill in their technical knowledge gaps
                • Communication
                  • Expresses themselves effectively verbally and in writing; takes complex thoughts, synthesizes them into works using clear, concise language, and presents a cohesive narrative
                  • Internally, communicates the status of their work to their team; promptly responds to requests
                  • Leadership
                    • Leads by example, acting as a model for the firm's core values
                    • Takes on challenges; sees tasks through completion, even if there are obstacles
                    • Business Development
                      • Builds new relationships and maintains existing relationships with BDO professionals and external sources
                      • People Development
                        • Ability to interact effectively with people at all organizational levels of the firm
                        • Takes the time to teach others information/skills that are critical to their current and future work
                        • Trains associates and interns on how to use all current software tools and PCS methodology
                          
                          About Us
                          
                          BDO delivers assurance, tax, digital technology solutions and financial advisory services to clients throughout the country and around the globe. We offer numerous industry-specific practices, world-class resources, and an unparalleled commitment to meeting our clients' needs. We currently serve more than 400 publicly traded domestic and international clients.
                          
                          • Unparalleled partner-involvement
                          • Deep industry knowledge and participation
                          • Geographic coverage across the U.S.
                          • Cohesive global network
                          • Focused capabilities across disciplines
                            BDO brings world-class resources and exceptional service to each and every one of our clients. BDO USA is a member of BDO International, the world's fifth largest accounting network.
                            
                            BDO offers a competitive Total Rewards package that encompass so much more than - "traditional benefits". Our wide range of rewards and our employees' ability to customize rewards to their individual needs are two of the reasons why BDO has been honored with so many workplace awards, including 100 Best Companies for Working Parents, Working Mother 100 Best Companies, Top Entry Level Employer, 2022 National Best & Brightest Companies to Work For and more.
                            
                            Some examples of our Total Rewards offerings include:
                            
                            
                            • Competitive pay and eligibility for an annual performance bonus.
                            • A 401k plan plus an employer match
                            • Comprehensive, medical, dental, vision, FSA, and prescription insurance from day one
                            • Competitive Paid Time Off with daily accrual from day one of employment, plus paid holidays
                            • Paid Parental Leave
                            • Adoption Assistance
                            • Firm paid life insurance
                            • Wellness programs
                            • Additional offerings include BDO Flex, Group Legal insurance, Pet insurance and Long-Term Care Insurance
                              
                              Above offerings may be subject to eligibility requirements.
                              
                              Click here to find out more!

Keywords: BDO USA, Boca Raton , Tax Senior Associate, Private Client Services, Accounting, Auditing , Boca Raton, Florida