Tax Experienced Senior, Corporate/ASC 740

About the Role

A Tax Experienced Senior in Core Tax Services is responsible for utilizing research skills, applying tax foundational knowledge to understand potential tax issues, gathering client information necessary for filing, participating in tax planning, recognizing and communicating potential risks, preparing tax accrual workpapers, and working with tax software applications to complete tax returns for review. In this role, you will act as the main client contact for general questions and information and may supervise and review the work of Core Tax Services Associates.

Responsibilities

• Tax Compliance
  • Ensures clients comply with all applicable authorities while minimizing their tax and reporting burdens.
  • Ensures self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (TQM).
  • Manages projects by planning the tax process and procedures to be performed with quality.
  • Answers preparer questions and coordinates engagement from onset by communicating expectations and procedures.
  • Conducts detailed reviews on all returns and provides appropriate review notes for preparers; raises potential tax issues.
  • Meets internal deadlines to align with client expectations for timely delivery of service.
  • Identifies book-to-tax differences.
  • Develops a budget, monitors budget vs. actual, schedules resources, and identifies out-of-scope activity.
• Research
  • Identifies when research is needed, frames issues clearly, and reports analysis concisely.
  • Applies Firm and professional standards for preparation of WTA and tax returns.
• ASC 740 (FAS 109 and FIN 48) Tax Accruals
  • Applies Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding FAS 109 and FIN 48.
  • Prepares provision workpapers and discusses them with the appropriate team members.
  • Identifies and discusses uncertain tax positions with team members.
  • Reviews and prepares footnote disclosures in compliance with ASC 740.
  • Utilizes and manages STS.
  • Drafts tax provision memorandums.
  • Communicates with Assurance counterparts to timely plan tax accrual reviews.
• Tax Consulting
  • Assists with developing, recommending, and implementing methods to maximize client benefits, especially by decreasing clients’ current and future taxes.
  • Identifies consulting opportunities to reduce client tax liability.
  • Provides efficient and effective support for client consulting projects.
  • Gathers relevant information for controversy work efficiently and effectively.
  • Documents all significant tax positions clearly, correctly, and in accordance with Firm and office policies (e.g., Tax Issues Memos) and ensures proper documentation is archived.
• Strategy Development
  • Introduces and develops new or improved ideas to benefit clients, the Firm, or Firm personnel, such as reducing taxes or expenses or providing non-tax benefits.
  • Prepares studies of tax implications and offers clients alternative courses of action.
• Supervisory Responsibilities
  • Supervises and manages the day-to-day work assignments of Core Tax Services Associates.
  • Provides verbal and written performance feedback to Core Tax Associates.
  • Acts as a mentor to Core Tax Services Associates.
• Performs other duties as required.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or Statistics OR Bachelor’s degree in another focus area with CPA certification (or Authorization to Test for the CPA exam prior to start date).
• Master’s in Accountancy or Taxation preferred.
• Three (3) or more years of prior relevant tax experience and/or public accounting, private industry accounting, or consulting/professional services experience preferred.
• Industry expertise in one or more tax specialties preferred.
• Prior basic supervisory experience preferred.

Qualifications

• CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent (EA) (or equivalent) preferred.
• Possession of other professional degrees or certifications applicable to the role preferred.
• Proficient with the Microsoft Office Suite preferred.
• Experience with tax research databases and tax compliance process software preferred.

Skills

• Solid verbal and written communication skills.
• Able to follow instructions as directed by members of the Tax Team.
• Able to prepare simple tax returns.
• Takes appropriate actions without being asked.
• Seeks advice from superiors regarding issues or problems related to compliance.
• Ability to effectively delegate work as needed.
• Trains other team members.
• Strong analytical, research, and critical thinking skills.
• Able to work well in a team environment.

Pay

• California: $96,000 - $125,000
• Colorado: $85,500 - $104,500
• Illinois: $90,000 - $108,000
• Maryland: $98,000 - $110,000
• Massachusetts: $102,000 - $119,000
• Minnesota: $80,000 - $95,000
• New Jersey: $88,000 - $125,000
• Ohio: $85,000 - $115,000
• NYC/Long Island/Westchester: $110,000 - $125,000
• Washington: $87,400 - $120,000
• Washington DC: $105,000 - $117,000

Benefits

BDO offers a comprehensive Total Rewards benefits package, including an Employee Stock Ownership Plan (ESOP) that provides participants a stake in the firm’s success through beneficial ownership. Benefits may be subject to eligibility requirements.