Tax Experienced Manager, ASC740

About the role

The Core Tax Services (“CTS”) Experienced 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 Experienced 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 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 client and Assurance any issues identified in tax accrual reviews
  • 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
    • Might 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
  • Experience: Six (6) 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; Prior supervisory experience, required; Multinational client experience, preferred
  • Licenses/Certifications: CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent ("CE") (or the equivalent of one of these designations), required
  • Software Experience: with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat, preferred; 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
  • Knowledge, Skills & Abilities: Superior verbal and written communication skills; Ability to effectively delegate work as needed; Strong analytical, research and critical thinking skills as well as decision-making skills; Ability to work well in a team environment; Able to develop and manage a team of tax professionals; Able to compose written tax advice; Able 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

  Pay

  California Range: $115,000 - $165,000
  Colorado Range: $100,000 - $150,000
  Illinois Range: $120,000 - $139,000
  Maryland Range: $121,000 - $145,000
  Massachusetts Range: $130,000 - $147,750
  Minnesota Range: $100,000 - $130,000
  New Jersey Range: $130,000 - $165,000
  NYC/Long Island/Westchester Range: $155,000 - $180,000
  Washington Range: $100,000 - $145,000
  Washington DC Range: $140,000 - $162,000