Tax Experienced Senior, Corporate/ASC 740

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About the role

The Tax Experienced Senior, 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

• Ensures both that (a) clients comply with all applicable authorities while minimizing their tax and reporting burdens, and (b) 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 the procedures to be performed with quality
• Answers preparer questions and coordinates engagement from onset by communicating expectations and procedures with preparers
• Conducts detailed reviews on all returns and appropriate review notes for preparers; raises potential tax issues
• Meets internal deadlines to match client expectations for timely delivery of service
• Identifies book-to-tax differences
• Manages projects by developing a budget; monitoring budget vs. actual; scheduling resources for project and identifying out-of-scope activity
• 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
• Correctly and proactively applies Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding ASC 740 (FAS 109 and FIN 48)
• Prepares provision workpapers and discusses with the appropriate team members
• Identifies and discusses uncertain 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
• Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes
• Identifies consulting opportunities to reduce client’s 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 (by creating memorandums to the files – Tax issues Memos) and ensures proper documentation is archived to GoFileRoom
• 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
• May prepare studies of tax implications and offer clients alternative courses of action
• May supervise and manage the day-to-day work assignments of Core Tax Services Associates
• Provides verbal and written performance feedback to Core Tax Associates, as necessary
• Acts as 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 and CPA certification (or Authorization to Test for the CPA exam, or equivalent documentation, prior to start date in your state of employment)
• 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 specialty (preferred)
• Prior basic supervisory 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) (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 of appropriate 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

Individual salaries are determined after consideration of numerous factors including qualifications, experience, skills, and geography. Ranges by location:

• 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 provides a comprehensive Total Rewards package, including:

• Employee Stock Ownership Plan (ESOP) – a qualified retirement plan offering participants a stake in the firm’s success through beneficial ownership
• Additional benefits subject to eligibility requirements (learn more at BDO Total Rewards)