Tax Manager -Dealerships

About the role

Managers may work as the engagement lead or under the supervision of Senior Managers, depending on the client engagement. This role primarily serves dealership clients, including dealership groups, owners, and related entities. The Manager should understand dealership operations and be able to advise on tax matters unique to the industry, such as inventory methods, LIFO, floor plan financing, fixed assets, manufacturer incentives, related-party transactions, ownership planning, and multi-entity structures. Managers may also serve as the Relationship Manager (RM) and act as a key point of contact for dealership clients on day-to-day tax and accounting matters.

Responsibilities

• Reviews mid to high-level business and individual income tax returns.
• Reviews tax returns for automotive dealerships, dealership owners, and related entities.
• Advises clients on tax planning, compliance, and business-related tax matters.
• Provides proactive planning for dealership clients, including inventory, fixed assets, floor plan interest, related-party transactions, and owner compensation.
• Understands dealership operations, including new and used vehicle sales, parts, service, F&I, manufacturer incentives, and real estate-related entities.
• Oversees tax research projects and manages tax accounting projects within deadlines.
• Manages client relationships and serves as a key point of contact for day-to-day tax and accounting questions.
• Reviews, trains, and mentors Senior Associates and Associates.
• Provides feedback to Senior Managers and Principals.
• Supports business development and growth efforts within the dealership industry.
• Utilizes cloud-based technology and other tax software.
• Performs client billings for services provided.

Requirements

• Bachelor’s Degree in Business required; Bachelor’s in Accounting preferred.
• 7+ years of tax accounting experience managing staff.
• Licensed CPA or CMA preferred.
• Understanding of Federal and State tax laws and regulations.
• Prior experience serving automotive dealerships or inventory-intensive businesses preferred.
• Knowledge of dealership tax matters, including LIFO, fixed assets, floor plan financing, related-party entities, and ownership planning preferred.
• Strong technology, communication, organization, and client relationship skills.
• Ability to work on multiple projects and meet deadlines.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Employer-funded profit-sharing plan with a 401(k) option (upon meeting eligibility requirements)
• Group term life insurance
• Disability insurance
• Flexible spending accounts
• Flexible time off and paid leave program