Job Summary:
The Tax Associate, Family Office Services/Private Client Services Associate assists in providing accounting and tax compliance and consulting to high net worth clients.
Job Duties:
- Prepares basic to complex individual and other tax returns
- Uses software programs to organize, coordinate and process accounts payable data for clients that include but are not limited to Bill.com, QuickBooks, Intacct, Microsoft Office Suite and Adobe PDF
- Meets internal deadlines to match the client expectations for timely delivery of service and ensures client data is collected and processed in a timely manner to comply with payment deadlines and filing requirements
- Performs complete general ledger reconciliation including the entire balance sheet and applies accounting knowledge by properly recording transactions in a general ledger; creates accounting records such as bill payments, client invoices, payroll, and others; identifies and records adjustments; produces accurate financial statements
- Comprehends common financial statements and prepares draft financial statements for review; understands how line items/accounts function (e.g. capital accounts, various forms of liabilities, etc.); properly distinguishes debits from credits; calculates/interprets KPIs for clients; identifies positive and constructive trends and raises them to BDO management
- Performs research and completes consulting projects
- Interacts directly with clients and their advisors
- Communicates with supervisors, engagement team, and clients regarding the status of projects
- Assists with administrative responsibilities including billing, recruiting, attendance and participation in CPE activities and training
- Other duties as required
Supervisory Responsibilities:
- N/A
Qualifications, Knowledge, Skills and Abilities:
Education:
- Bachelor’s or Master’s program in Accounting or Finance, required
Experience:
- Leadership experience, preferred
- One (1) or more years prior experience in accounting, finance, or legal, required
- Experience working in public accounting or the private client area, preferred
License/Certifications:
- Working towards CPA or CFP, preferred
Software:
- Proficient in Microsoft Office Suite, specifically Word, Excel, and PowerPoint, required
- Experience utilizing industry standard accounting software required such as Intuit’s QuickBooks Online (QBO), Microsoft NAV and Bill.com, CaseWare, BNA Depreciation Software, preferred
- Ability to learn and navigate new and complex software, preferred
Language:
- N/A
Other Knowledge, Skills & Abilities:
- Excellent verbal and written communication skills
- Detailed oriented
- Strong analytical, research and critical thinking skills
- Solid organizational skills, especially the ability to meet project deadlines with a focus on details
- Ability to successfully multi-task while working independently or within a group environment
- Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
- Ability to interact effectively with people at all organizational levels of the firm
- Basic knowledge of fundamental accounting, finance and tax principles
- General accounting knowledge and basic to intermediate tax knowledge
- General understanding of financial planning concepts
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: $78,000 - $85,000
Colorado Range: $66,000 - $72,000
Illinois Range: $74,000 - $76,000
Maryland Range: $70,000 - $75,000
Minnesota Range: $66,000 - $72,000
NYC/Long Island/Westchester Range: $72,000 - $78,000
Washington Range: $68,000 - $78,000
Washington DC Range: $70,000 - $75,000