WHAT IS A PUBLIC ACCOUNTING MANAGER ?
The Public Accounting Manager role is designed for individuals who bring a wealth of experience in conducting reviews and compilations, alongside a solid ability to contribute significantly to the tax aspect of the business. This position is particularly suited for professionals who are adept at both performing detailed accounting tasks and overseeing the work performed by others. It involves maintaining proactive communication with clients to manage their expectations, ensuring their satisfaction through timely and effective delivery of services, meeting deadlines, and leading initiatives for change with adeptness and professionalism.
Need-to-Know Overview of a Public Accounting Manager
1. Public Accounting Manager Duties and Responsibilities
- Provide strategic input for various client financial decisions and accounting matters.
- Lead engagement teams on small to mid-sized private company financial statement compilations and reviews
- Lead periodic tax planning and business strategy meetings with clients.
- Prepare and review individual and business tax work papers and returns.
- Oversee and mentor staff on multiple engagements.
- Conduct a primary and secondary review of complicated or complex income tax returns including Corporate, S-Corp., partnership, and individual clients.
- Maintain active communication with clients to manage expectations, ensure satisfaction, make sure deadlines are met, and lead change efforts effectively.
- Review financial reports and accounting statements to ensure their accuracy.
- Provide technical expertise and advice to functional or operational area managers
2. Public Accounting Manager Skills, Abilities and Experience
- Bachelor’s Degree in Accounting.
- CPA required
- Strong knowledge of reviews and compilations – able to review the work of others
- Knowledge of tax laws, particularly related to individuals and pass-through entities.
- Demonstrated ability to work with business owners and small business CFOs/controllers
- Ability to work in a changing environment.
- Strong organizational skills and ability to multitask.
- Excellent written and verbal communication skills.
- Working knowledge of Microsoft Office products (Word, Excel, Outlook) and tax software.