Tax Senior Manager, Corporate/ASC 740

Overview

The organization is seeking a Core Tax Services Senior Manager responsible for advising clients on tax implications related to business objectives. This role evaluates and selects alternative actions to lessen tax burden and reduce the cost of compliance, identifies methods to comply with tax regulations, and serves as the primary client contact for complex tax issues. The Senior Manager applies deep tax knowledge to recognize, communicate potential risks, anticipate potential changes in tax policy, and make top-level decisions regarding federal/state agency matters, including filing, preparation, and resolution of questions.

This position also plays an active role in office or regional leadership and participates in marketing, networking, and business development within the area of expertise while maintaining strong client relationships.

Responsibilities

Tax Compliance

• Ensure clients comply with all applicable authorities while minimizing tax and reporting burdens.
• Ensure self and service teams comply with firm policies, standards, and the BDO Tax Quality Manual (TQM).
• Perform top-level review of tax returns (T/R) and resolve tax issues with clients, involving specialists as appropriate.
• Plan for early recognition of material tax and compliance issues and consult with clients and/or partners as appropriate.

Research

• Identify when research is needed; clearly frame issues for research.
• Provide clear, concise reporting of research analysis.
• Identify complex issues for engagement team research and provide research methodology to support efficient execution.
• Train managers/staff on research skills and how to frame tax issues for analysis.
• Involve firm specialists as appropriate.

ASC 740 (FAS 109 and FIN 48) Tax Accruals

• Proactively apply firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding FAS 109 and FIN 48.
• Apply ASC 740 and related firm policies, standards, and TQM.
• Help others learn and apply ASC 740 and related policies/standards/TQM.
• Review tax provisions and apply in-depth ASC 740 knowledge where applicable.
• Review prepared workpapers.
• Explain and discuss components of the income tax provision and uncertain tax positions, including complexities related to ASC 740.

Tax Consulting

• Assist in developing, recommending, and implementing efficient and effective methods to maximize client benefits, including reducing current and future taxes.
• Use tax knowledge plus business/industry knowledge to recommend solutions.
• Maximize client benefits by decreasing client taxes while managing risk.
• Confer with STS specialists to determine applicability of STS consulting specialties; involve STS when appropriate.
• Monitor implementation of work plans (client service plan) for tax consulting projects to ensure they are conducted efficiently and effectively (if applicable).
• Manage written or phone inquiries from federal and state agencies with little or no assistance.
• Provide effective assistance with protests at the appeals level.
• Implement applicable firm strategies.
• Manage client expectations.

Tax Specialization

• Develop in-depth understanding of technical and practical issues and opportunities in one or more areas of taxation, such as: individual, corporate, property, sales, corporate, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, and R&D tax benefits.
• May be required to organize and conduct, or participate in conducting, external CPE training sessions in the area of specialization at a minimum of once per year, involving firm specialists.
• May train and mentor managers/seniors/associates in specialization areas.

Strategy Development

• Introduce and develop new or improved ideas to improve client outcomes, the firm, or firm personnel (e.g., reducing taxes or expenses or providing non-tax benefits).
• Research and implement tax strategies, including experimentation with promising new strategies and ideas.
• Consistently suggest improvements to prior work products or approaches.
• May lead marketing campaigns if applicable to the role.
• Present complex strategies to clients and prospective clients.

Other Duties

• Perform other duties as required.

Supervisory Responsibilities

• Supervise associates and senior associates on all projects.
• Review work prepared by associates and senior associates and provide review comments.
• Train associates and seniors on how to use current software tools.
• Act as a Career Advisor to associates and senior associates.
• Schedule and manage workload of associates and senior associates.
• Provide verbal and written performance feedback to associates and senior associates.

Requirements

• Bachelor’s degree required; major in Accounting, Finance, Economics, or Statistics preferred.
• Master’s in Accountancy or Taxation preferred.
• Eight (8) or more years of prior relevant tax experience and/or public accounting, private industry accounting, or consulting/professional services experience required.
• Industry expertise in one or more tax specialties preferred.
• Prior supervisory experience required.
• CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent (EA) (or equivalent of one of these designations) required.
• Possession of other professional degrees or certifications applicable to the role preferred.
• Strong verbal and written communication skills.
• Ability to effectively delegate work as needed.
• Strong analytical, research, critical thinking, and decision-making skills.
• Ability to work well in a team environment.
• Ability to develop and manage a team of tax professionals.
• Ability to compose written tax advice.
• Ability to effectively develop and maintain client relationships.
• Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients.

Preferred Qualifications

• Proficient with the Microsoft Office Suite.
• Experience with tax research databases and tax compliance process software.

Compensation & Benefits

Individual salaries offered to a candidate are determined after consideration of numerous factors including qualifications, experience, skills, and geography.

California Range: $146,000 - $200,000
Colorado Range: $165,000 - $180,000
Illinois Range: $140,000 - $190,000
Maryland Range: $150,000 - $180,000
Massachusetts Range: $150,000 - $206,000
Minnesota Range: $130,000 - $190,000
New Jersey Range: $155,000 - $200,000
Ohio Range: $125,000 - $200,000
NYC/Long Island/Westchester Range: $180,000 - $225,000
Washington Range: $158,400 - $215,400
Washington DC Range: $162,000 - $190,000

Benefits may be subject to eligibility requirements.

Location

United States (salary ranges vary by location/region, including California, Colorado, Illinois, Maryland, Massachusetts, Minnesota, New Jersey, Ohio, NYC/Long Island/Westchester, Washington, and Washington DC).