US PCS Assistant Manager

Ideas | People | Trust

We’re BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today’s changing world.

We work with the companies that are Britain’s economic engine – ambitious, entrepreneurially-spirited and high‑growth businesses that fuel the economy - and directly advise the owners and management teams that lead them.

Working hard and working together, our Tax team thrives on keeping busy. Friendly, driven and diverse, they service our clients across the country and around the world. By providing expertise in many different specialist areas of tax, they collaborate across BDO to deliver wider business solutions. From meeting clients’ evolving business needs to managing changes to legislation, there are always fresh challenges to face in the Tax team.

If you’re after a career that will keep you on your toes, we’ll give you the autonomy to drive your career forward.

The BDO US led private client practice concentrates an offering to address the key US market with a unique tax system which requires US persons to comply in the US irrespective of tax residence. In spite of global changes, the US remains a key market for entrepreneurs and families with ramifications of planning and support to address the complexities that the US system places upon those with foreign structures from entities, through trusts, pensions and investments.

The provision of services that combine US expertise as a central focus alongside the UK and other third country requirements, positioned as a service for the HNW and SHNW continues to be a growing market as the complexity of the US system alongside many other countries mean that clients and prospects increasingly need access to a truly advisory service which is a differentiator in the way that BDO is building its team.

We are recruiting for an Assistant Manager to join our US private client tax team.

The successful candidate would have a drive for finding practical solutions, an ability to collaborate and the initiative and resilience to persevere with challenging work.

This role will provide Tax compliance and advisory services to a wide range of clients. The primary responsibility will be to deal with all matters relating to the management of a portfolio of clients.

You will also provide assistance to Director/Principals/Partners in both client work and in the management of the group and on occasions the practice. Will be involved in special assignments on an ad hoc basis.

A key part of the role requires the individual to actively seek, and keep the Partner informed about, any new business opportunities arising on existing and new clients.

• Experience in providing compliance and some advisory service to a portfolio of clients
• Day to day contact for a portfolio of private clients, high net worth individuals, entrepreneurs, non-domiciled individuals
• Reviewing forms 1040, 3520, & 8858 informational reporting
• Assist with preparation of more complex US/UK tax forms where required
• Passive Foreign Investment Company (PFIC) reporting
• Foreign Trust reporting
• Foreign tax credit planning and year end planning
• UK Non-Domiciled individual planning
• Monthly billing reviews for your portfolio of clients
• Supervision of Tax associates, reviewing work and providing training to our off-site tax preparers
• Support Manager, Directors and Partners with advisory projects and new business leads
• Pays attention to self-development and continuing professional education with a view to progressing within practice
• Develops professional relationships with clients and within the Firm and adapts the approach for the relevant audience
• Understands potential risks to…