Managing Director, Transaction Advisory Services; Special Projects

Managing Director, Transaction Advisory Services (Special Projects)

Senior leadership role within BDO USA’s Special Projects Group in Transaction Advisory Services, advising clients on U.S. federal income tax issues related to mergers and acquisitions. The Managing Director is the primary client contact for technical tax work, focusing on Section 382 consultative projects and related work streams.

Job Summary

The Managing Director will lead client‑facing technical tax work and serve as a primary technical resource for the firm and its clients. Responsibilities include structuring and restructuring, consolidated return subsidiary share basis and earnings – profits analyses, Section 1202, transaction cost analyses, and driving technological innovation with respect to Section 382 analyses. The role will work with BDO counterparts in India, train the TAS team, improve deliverables, tools and templates, review work of Associate through Director levels, work with Principals on client strategies, and engage in marketing, networking, business development, and written tax advice.

Tax Specialization

• Understands technical and practical issues regarding tax of corporate mergers, acquisitions, and restructurings, including:
- Form and ramifications of various taxable asset and stock transactions
- Purchase price allocation rules
- Section 338(h)(10), Section 338(g), and Section 336(e) elections
- Application of Section 1202 to stock dispositions
- Net operating loss and credit limitation rules (e.g., SRLY, Sections 382, 383, and 384)
- Consolidated return regulations related to basis and E–P adjustments
- Tax considerations for subsidiaries joining or leaving a consolidated group (circular basis adjustment rules, unified loss rule, NOL allocation rules, excess loss accounts, deferred intercompany transactions, triggering events, excess loss accounts, etc.)
- Nonrecognition transactions and general requirements
- Transaction costs and rules related to deductibility and capitalization

• Serves as primary technical resource for practice areas described above and broader tax practice.

Tax Consulting

• Reviews calculations of anticipated tax ramifications of an asset deal relative to a stock deal

• Reads and comments on stock purchase agreements and asset purchase agreements

• Reviews and analyzes purchase price allocations

• Conducts and reviews transaction costs analyses

• Provides consulting services to broader tax practice on corporate mergers, acquisitions, restructurings, and tax attributes

• Leads Section 382 studies and works with Special Projects Group Leader to drive overall strategy

• Reviews step plans for legal entity rationalization/restructuring transactions

• Reviews opinions, memoranda, and conducts tax technical research and analysis

• Reviews stock basis and E–P analyses for consolidated groups

• Reviews inside and outside basis analyses for C corporations

• Frames projects and issues for effective delegation to directors, senior managers, managers, senior associates and associates

• Reviews structure decks for taxable and nonrecognition transactions between unrelated third parties

Research

• Identifies when research is needed, frames issues, and reports analysis

• Applies firm and professional standards for preparation of work

• Involves additional firm specialists as appropriate

Strategy Development

• Introduces and develops new/improved ideas for clients, firm, or personnel to reduce taxes or expenses

• Reviews studies of tax implications and offers alternative courses of action

• Identifies and leverages lessons learned to improve processes and methods

Supervisory Responsibilities

• Supervises associates, senior associates, managers, senior managers, and directors on all projects

• Reviews work prepared by associates to directors and provides review comments

• Trains associates on software tools and tax technical skills

• Acts as Career Advisor to associates and senior staff

• Schedules and manages workload of staff

• Provides verbal and written performance feedback

Education

• Bachelor’s degree required; major in Accounting, Finance, Economics, or Statistics preferred

• Juris Doctor (JD) or Master of Laws (LLM) with a focus…