Managing Director, Transaction Advisory Services (M&A Tax)

About the role

The Managing Director advises clients on U.S. federal income tax issues associated with mergers and acquisitions. The role involves technical tax work such as structuring and restructuring, consolidated return subsidiary share basis and earnings and profits analyses, Section 1202, and transaction cost analyses, with a primary focus on Section 382 consultative projects.

Responsibilities

• Serves as a primary technical resource for the technical practice areas described above for the Firm and its clients.
• Reviews work prepared by Associate, Senior Associate, Manager, Senior Manager, and Director professionals in the Transaction Advisory Services Group.
• Works with BDO counterparts in India to increase capacity for Section 382 consulting.
• Trains the TAS team and overall tax practice as to Section 382 tax technical topics.
• Improves BDO’s deliverables, tools, and templates related to Section 382.
• Reviews step plans for legal entity rationalization/restructuring transactions.
• Reviews opinions, memoranda, and conducts tax technical research and analysis.
• Reviews stock basis and E&P analyses for consolidated groups.
• Reviews inside and outside basis analyses for C corporations.
• Frames projects and issues for effective delegation to directors, senior managers, managers, senior associates and associates.
• Reviews structure decks for taxable and nonrecognition transactions between unrelated third parties.
• Identifies when research is needed, clearly and concisely frames issues to be researched, and clearly and concisely reports the analysis.
• Applies most Firm and professional standards for preparation of WTA and tax returns.
• Introduces and develops new or improved ideas for clients, the Firm, or Firm personnel.
• Reviews studies of tax implications and offers clients alternative courses of action.
• Identifies and leverages lessons learned on prior projects, and offers input on how to improve processes and methods.

Qualifications

• Bachelor’s degree, required; major in Accounting, Finance, Economics, or Statistics, preferred.
• Juris Doctor (JD) or Master of Laws (LLM) with a focus on Tax, preferred.
• Master’s degree in Accounting or Tax, preferred.
• Ten (10) or more years of prior relevant tax experience and/or public accounting, private industry accounting, or legal experience in three or more of the areas listed below, required:
• Knowledge of Section 382, and experience in preparing, reviewing, and auditing Section 382 studies.
• Knowledge of the consolidated return regulations, specifically experience in preparing, reviewing, and auditing consolidated subsidiary share basis and earnings and profits analyses.
• Experience in preparing, reviewing, and auditing deliverables related to transaction structuring, legal entity rationalization, and post-transaction structural integration.
• Experience in preparing, reviewing, and auditing transaction cost analyses.
• Experience in drafting technical tax memorandums and opinions to support client positions.
• CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), Internal Revenue Service Enrolled Agent (“EA”), or the equivalent of one of these designations, required.
• Possession of other professional degrees or certifications applicable to the role, preferred.
• Proficient with the Microsoft Office Suite, preferred.
• Experience with tax research databases, including Checkpoint, Bloomberg, and CCH Intelliconnect, preferred.