Experienced Senior Associate, Business Incentives Group

About the role

The Tax Experienced Senior, Business Incentives Group is primarily responsible for executing project tasks to identify, document, and support on exam BIG tax credits and incentives. This role involves utilizing research skills and applying industry knowledge to understand potential BIG tax credit issues and opportunities, gathering client information and documentation, and calculating BIG benefits efficiently and effectively.

Responsibilities

• Research Identifies intermediate to complex situations when research is needed, providing an outline of the issue(s) and research to be conducted.
• Analyzes researched facts and sources prior to composing a detailed report of the research findings.
• Composes standard research memos in support of projects / transactions.
• Tax Compliance Ensures clients comply with applicable authorities while identifying options for minimizing the client’s tax and reporting burdens.
• Obtains required client information to utilize in the preparation of tax filings.
• Identifies “gray areas” and communicates related risk potential for contingent tax liabilities.
• Completes pro forma Forms 6765 and other related state forms.
• Safeguards all necessary approvals and documentation, including but not limited to budgets, work plans, executed tax engagement letters, are in place prior to engagement work commencing.
• Tax Consulting Develops, recommends, and implements standard tax methods to provide clients with maximum tax benefits related to current and future tax obligations.
• Aids in the review and response to notices for federal and state agencies.
• Documents all significant tax positions, as well as issues, findings, and deliverables in accordance with firm policies.
• Identifies and calculates BIG benefits, including potential credits, deductions, and other federal and state opportunities.
• Contributes to the development of new and improved ways to identify qualified costs and activities.
• Identifies tax consulting opportunities and participates in the marketing of services to existing and prospective clients.
• Tax Controversy Supports representation of clients before tax authorities on contested issues.
• Tax Related Software Uses Caseware, GoSystems, tax research databases, and other tax-related software in the completion of assigned tasks.
• Tax Specialization Develops an in-depth understanding of the technical and practical issues and opportunities regarding BIG tax benefits.
• Calculates the federal BIG tax credit and applies BIG benefits of all states in his/her region.
• Suggests ways to develop or improve tools, methodologies, policies, etc., to enhance the efficiency and effectiveness of BIG services.
• Identifies other opportunities and issues other than those related only to BIG.
• Strategy Development Assists in the preparation of studies of tax implications to identify alternative courses of actions to benefits clients.
• Develops new or improved ideas to advance the position of clients, the firm or firm personnel through reduction in taxes or expenses or offering of non-tax benefits.
• Identifies and communicates possibilities for referrals while maintaining awareness of the firm’s tax specialists.
• Supervisory Responsibilities Other duties as required.
• Supervises and reviews the day-to-day work of BIG Associates and Interns on assigned engagements.
• Ensures BIG Associates and Interns are trained on all relevant tax software.
• Delivers periodic performance feedback and completes performance evaluations for BIG Associates and Interns.
• Acts as mentor to BIG Associates and Interns.

Qualifications

• Bachelor’s degree, required.
• Experience: Three (3) or more years of prior experience, required.
• Prior experience performing services related to BIG tax credits preferred.
• Prior experience supervising tax professionals on a project or engagement basis preferred.
• Licenses/Certifications: CPA certification, preferred.

Skills

• Excellent verbal and written communication skills.
• Superior analytical and research skills.
• Solid organizational skills, especially ability to meet project deadlines with a focus on details.
• Ability to successfully multi-task while working independently or within a group environment.
• Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously.
• Ability to effectively manage a team of tax professionals and delegate work assignments as needed.
• Ability to build and maintain strong relationships with client personnel.
• Ability to successfully interact with professionals at all levels.
• Prepared simple tax returns.
• Intermediate knowledge of appropriate application of tax standards to ensure effective and efficient delivery of tax services.
• Intermediate knowledge of sources of relevant information utilized in tax filings.
• Understanding and recognition of the economics of underlying transactions and book to tax differences in preparation of tax returns.
• Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.

Benefits

Benefits may be subject to eligibility requirements. Equal Opportunity Employer, including disability/vets Click here to find out more!

About Us

Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization. BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions. We Are Committed To Delivering Exceptional Experiences To Middle Market Leaders By Sharing Insight-driven Perspectives, Helping Companies Take Business As Usual To Better Than Usual. With Industry Knowledge And Experience, a Breadth And Depth Of Resources, And Unwavering Commitment To Quality, We Pride Ourselves On Welcoming diverse perspectives and understanding the experience of our professionals and clientsEmpowering team members to explore their full potentialOur talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunitiesCelebrating ingenuity and innovation to transform our business and help our clients transform theirsFocus on resilience and sustainability to positively impact our people, clients, and communitiesBDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more! Benefits may be subject to eligibility requirements. Equal Opportunity Employer, including disability/vets Click here to find out more! All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status. "BDO USA, P.A. is an EO employer M/F/Veteran/Disability"