Tax Manager, Partnerships
Company: bdo consulting
Location: Schiller Park
Posted on: March 11, 2026
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Job Description:
As a Tax Manager, Partnerships, you will be responsible for
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 Manager,
Partnerships will apply their knowledge and experience to
understand potential partnership taxation issues and assist in the
preparation of partnership specific computations. The Tax Manager,
Partnerships is key to the leadership team of the STS Partnership
Practice and actively participates in the development of the group.
In addition, the Tax Manager, Partnerships is an active participant
in process improvement and team-building initiatives, maintains
client relationships, and acts as a source of guidance to other
team members. Job Duties: Tax Specialization: Maintains and
develops an in-depth understanding of the technical and practical
issues and opportunities regarding partnership taxation Research:
Identifies when research is needed; clearly and concisely frames
issues to be researched; and clearly and concisely reports the
analysis Identifies complex issues to be researched by engagement
team and provides research methodology for efficient research
process Trains associates and senior associates on research skills
and helps 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 recommend solutions
Maximizes client benefits, especially by decreasing client taxes,
while managing risk implements applicable Firm strategies manages
client expectations 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’
associates, senior associates, and managers Other duties as
required Supervisory Responsibilities: Supervises associates and
senior associates on all projects Reviews work prepared by
associates and senior associates and provides review comments
Trains associates and senior associates on how to use all current
software tools Acts as a career advisor to associates and senior
associates Schedules and manages workload of associates and senior
associates Provides verbal and written performance feedback to
associates and senior associates Qualifications, Knowledge, Skills
and Abilities: Education: Bachelor’s degree, required; major in
Accounting, Finance, Economics or Statistics, preferred Master’s in
Accountancy or Taxation, preferred Experience: Five (5) or more
years of prior relevant tax experience and/or public accounting,
private industry accounting or consulting/professional services
experience, required Specialized partnership experience, required
Prior supervisory 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: Superior verbal and
written communication skills Ability to effectively delegate work
as needed Strong analytical, research and critical thinking skills
as well as decision-making skills Ability to work well in a team
environment Ability to develop and manage a team of tax
professionals 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 Proven 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 cultivate a positive team
environment on engagements and contribute to the professional
development of team personnel Executive 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:
$79,800 - $168,000 Maryland Range: $79,800 - $168,000 NYC/Long
Island/Westchester Range: $79,800 - $168,000 Washington DC Range:
$79,800 - $168,000 About Us Join us at BDO, where you will find
more than a career, you’ll find a place where your work is
impactful, and you are valued for your individuality. We offer
flexibility and opportunities for advancement. Our culture is
centered around making meaningful connections, approaching
interactions with curiosity, and being true to yourself, all while
making a positive difference in the world. At BDO, our purpose of
helping people thrive every day is at the heart of everything we
do. Together, we are focused on delivering exceptional and
sustainable outcomes and value for our people, our clients, and our
communities. BDO is proud to be an ESOP company, reflecting a
culture that puts people first, by sharing financially in our
growth in value with our U.S. team. BDO professionals provide
assurance, tax and advisory services for a diverse range of clients
across the U.S. and in over 160 countries through our global
organization. BDO is the first large accounting and advisory
organization to implement an Employee Stock Ownership Plan (ESOP).
A qualified retirement plan, the ESOP offers participants a stake
in the firm’s success through beneficial ownership and a unique
opportunity to enhance their financial well-being. The ESOP stands
as a compelling addition to our comprehensive compensation and
Total Rewards benefits* offerings. The annual allocation to the
ESOP is fully funded by BDO through investments in company stock
and grants employees the chance to grow their wealth over time as
their shares vest and grow in value with the firm’s success, with
no employee contributions. We are committed to delivering
exceptional experiences to middle market leaders by sharing
insight-driven perspectives, helping companies take business as
usual to better than usual. With industry knowledge and experience,
a breadth and depth of resources, and unwavering commitment to
quality, we pride ourselves on: Welcoming diverse perspectives and
understanding the experience of our professionals and clients
Empowering team members to explore their full potential Our
talented team who brings varying skills, knowledge and experience
to proactively help our clients navigate an expanding array of
complex challenges and opportunities Celebrating ingenuity and
innovation to transform our business and help our clients transform
theirs Focus on resilience and sustainability to positively impact
our people, clients, and communities BDO Total Rewards that
encompass so much more than traditional “benefits.” *Benefits may
be subject to eligibility requirements. Equal Opportunity Employer,
including disability/vets
Keywords: bdo consulting, Palatine , Tax Manager, Partnerships, Accounting, Auditing , Schiller Park, Illinois