Manager, Core Tax Services - Corporate/ASC 740

About the role

The Core Tax Services (“CTS”) Manager – ASC740 is responsible for advising clients on the tax implications of their business objectives, evaluating and selecting alternative actions to lessen tax burden and cost of compliance, identifying different methods of complying with tax regulations while acting as the primary client contact for complex corporate tax and ASC 740 tax issues. In this role, the Core Tax Services Manager is charged with applying knowledge to understand potential tax issues, and recognizing and communicating potential risks and potential changes in the tax policy.

Responsibilities

• Tax Compliance
  • Ensures both that clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (“TQM”).
  • Conducts top level review of T/R and resolves all tax issues with client; involves specialists where appropriate.
  • Communicates with issues identified in tax accrual review with Assurance clients.
  • Plans and reviews the tax process and the procedures to be performed to include: Budgeting and staffing, Monitoring engagement process and actual time incurred vs. budget with assistance of Senior, Timely billing including management of identified out-of-scope activity and communication to client, Timely collection of A/R, Manages client relationships/expectations in accordance with the project.
  • Provides advice to clients in a timely manner.
  • Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis.
  • Identifies complex issues to be researched by engagement team and provides research methodology for efficient research processes.
  • Trains managers/staff on research skills and helps to appropriately frame ASC 740 tax issues for analysis.
  • Involves firm specialists, as appropriate.
• ASC 740 (fka FAS 109 and FIN 48) Tax Accruals
  • Correctly and proactively applies Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding ASC 740.
  • Applies, correctly and proactively, ASC 740, and Firm policies, standards, and BDO TQM.
  • Clearly and concisely explains and discusses components of the income tax provision and uncertain tax positions to the client as well as other complexities surrounding ASC 740.
  • Communicates with Assurance team to timely plan tax accrual reviews, including budget, scope and delivery dates.
  • Reviews tax provisions- applies in depth knowledge of ASC 740.
  • Reviews prepared workpapers.
  • Utilizes and manages Specialized Tax Services (“STS”), as needed.
• Tax Consulting
  • Affords assistance with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes.
  • Considers the applicability of CTS and STS consulting specialties for each client.
  • Develops and implements a work plan to include/organize the STS assistance on ongoing projects from client.
  • Serves as a technical resource.
  • Ensures client service teams comply with Firm policy; regarding Written Tax Advice (“WTA”), Provides effective assistance with exam support.
  • Frames projects and issues for effective delegation to seniors and associates.
• Tax Specialization
  • Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation, e.g., individual, corporate, property, sales, corporate, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, R&D tax benefits.
  • May be required to organize and conduct effective internal CPE training sessions in area of specialization, involving Firm specialists.
  • Trains and mentors managers/seniors/associates on ASC 740.
• Strategy Development
  • Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits.
  • Consistently makes suggestions as to how previous work products or approaches can be improved.
  • Led marketing campaigns, if applicable to role.
  • Presents complex strategies to clients and prospective clients.
  • Collaborates with the Firm’s National Tax and Specialized Tax Services to deliver high-quality deliverables and/or analyses on ASC 740.

Qualifications, Knowledge, Skills and Abilities

• Bachelor's degree in Accounting or Taxation, required.
• Masters degree in Accounting or Taxation, preferred.
• Five (5) or more years of prior experience, required.
• Experience in managing the process of preparing and auditing ASC740 computations for both privately held and publicly traded clients, required.
• Supervisory experience, required.
• Multinational client experience, preferred.
• CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent (“EA”) (or the equivalent of one of these designations), required.
• Software Experience with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat, required.
• Experience with tax research databases such as BNA and RIA, Proficient in all tax compliance process software including GoFileRoom, GoSystemRS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers, preferred.

Pay

California Range: $102,300 - $150,000
Colorado Range: $115,000 - $135,000
Illinois Range: $105,000 - $130,000
Maryland Range: $113,000 - $120,000
Massachusetts Range: $120,000 - $127,000
Minnesota Range: $90,000 - $120,000
New Jersey Range: $115,000 - $140,000
NYC/Long Island/Westchester Range: $125,000 - $155,000
Washington Range: $86,000 - $115,000
Washington DC Range: $120,000 - $140,000

Benefits

Benefits may be subject to eligibility requirements. Equal Opportunity Employer, including disability/vets
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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!