Private Client Tax Principal

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.

We'll broaden your horizons

Our rapidly growing Private Client Team manage funds, businesses and trusts of individuals, families and entrepreneurs. Alongside solving a constantly evolving range of technical challenges, working in this team means building strong relationships with individuals so you can become their trusted advisor and oversee their tax affairs in line with what they want to achieve as an individual or business.

We've established a strong global network that is recognised as a leader especially in looking after entrepreneurs and owner-managed businesses. You'll need excellent people skills and strong technical ability as you visit clients across the world. In return, you'll have unparalleled access to partners and opportunities to develop your career in many different directions as you work across a truly diverse portfolio of global clients.

We'll help you succeed

Leading organisations trust us because of the quality of our advice. That quality grows from a thorough understanding of their business, and that understanding comes from working closely with them and building long-lasting relationships.

You'll be someone who is both comfortable working proactively and managing your own tasks, as well as confident collaborating with others and communicating regularly with senior managers, directors, and BDO's partners to help businesses effectively. You'll be encouraged to identify and draw attention to opportunities for enhancing our delivery and providing additional services to organisations we work with.

At BDO, we'll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.

Responsibilities:

• Play a significant role in supporting the Partners with the management of their client portfolio and growing the firm's Succession planning and IHT advisory business.

• Act as a client relationship point of contact for significant high net worth individuals and their families.

• Be responsible for undertaking Succession Planning Reviews and related assignments for key clients.

• Win new clients through networking and business development together with the wider BDO Private Wealth group and our mutual professional contacts.

• Act as a key point of contact within the Firm for the client.

• Responsibility for tax planning and complex IHT issues with a focus on variety of directly held assets or use of family vehicles, e.g. companies and trusts.

• Advise on ad hoc projects and be deemed as an expert in some areas of Private Client Tax, including but not limited to IHT, succession planning and use of trusts.

• Profitably manage a small portfolio of complex clients.

• Ensure that the firm's quality control procedures are adhered to on their clients.

• Commercial management of their clients i.e. setting budgets, monitoring workflows and contributing to a commercial and sustainably profitable business.

• Be involved in the team, supporting your peers from a technical perspective, and developing the next generation of advisers.

• Identify risk and technical matters, as well as identifying opportunities, and acting on these accordingly.

• Develop, execute and manage the account development for own client portfolio.

• Contribute to the tax group's sales and marketing activities in developing new work wins.

• Overall responsibility for resource planning and allocation for their portfolio.

• Staff training and development including recommendations for promotion.

• Counsel, appraise, develop and motivate staff as appropriate.

• Liaise with Tax Authorities.

• Liaising between clients and their other advisers in a collaborative and efficient manner.

• Act as a liaison between the client and other service lines and tax specialists within the firm.

• Act as a role model for the firm, both externally and internally.

• Consult with colleagues and Partners on technical and risk matters.

We are looking for someone who:

• Has an in depth, up to date knowledge of taxation with experience of advising high net worth individuals, their families and wealth protection structures.

• Strong experiences and the ability to lead projects in succession planning for multi-generational families and the provide support to the wider private client team as a technical expert at the highest level on a wide range of inheritance tax matters.

• Experience advising in the trusts and estates specialist area and working with trustees and wealth advisory teams on the taxation considerations

• Has experience of managing a portfolio of clients including control of client take-on and engagement, billings and identification of new…