Tax Managing Director, Core Tax Services

About the role

The Tax Managing Director is responsible for applying industry specific knowledge to advise 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 tax issues. In this role, the Tax Managing Director is charged with applying knowledge to understand potential tax issues, recognizing and communicating potential risks and potential changes in tax policy, and making top-level decisions regarding filing, preparation and resolution of questions from federal/state agencies. The Tax Managing Director will be a critical member of the office/region leadership team and will be involved in the direct supervision as either a final or secondary reviewer under the partner. The Tax Managing Director will actively participate in marketing, networking and business development within an area of expertise and specialization while maintaining client relationships and acting as the primary contact for complex questions.

Responsibilities

• Ensure clients comply with all applicable authorities while minimizing their tax and reporting burdens, and ensure self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual ("TQM")
• Manage engagements to achieve engagement management metrics
• Practice hands-on client service delivery
• Responsible for overall client service by encouraging team's adherence to TQM policies (including engagement letters, documentation, etc.)
• Identify when research is needed; clearly and concisely frame issues to be researched and report the analysis
• Identify complex issues to be researched by engagement team and provide research methodology for efficient research process
• Serve as technical reviewer of WTAs in an area of expertise, as applicable to role
• Correctly and proactively apply Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding FAS 109 and FIN 48
• Apply technical expertise regarding income tax provisions in the area of international tax, valuation allowance credits, business combinations, and stock based compensation issues
• Review and apply income tax provision efficiently
• Assist with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients' current and future taxes
• Apply expert knowledge of the process of combining tax knowledge and knowledge of business/industry to recommend solutions and maximize results
• Apply general knowledge of multiple tax specialties (i.e. International, SALT, Estate Planning) for issue identification and resolution
• Develop 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, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, R&D tax benefits)
• Apply expert knowledge of application of standards
• Use expertise to advise clients on tax implications and recommend alternative courses of action and identify different methods of compliance
• Introduce and develop 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
• Depending on specific role, may be required to present complex strategies to clients and prospective clients
• Perform other duties as required

Supervisory Responsibilities

• Supervise associates, senior associates and managers, as the situation dictates
• Review work prepared by associates and senior associates and provide review comments
• Act as a Career Advisor to associates, senior associates and managers
• Schedule and manage workload of associates, senior associates and managers
• Provide verbal and written performance feedback to associates, senior associates and managers

Qualifications

Education: Bachelor's degree required; major in Accounting, Finance, Economics or Statistics preferred. Master's in Accountancy or Taxation preferred.

Experience: Ten (10) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience required. Industry expertise in one or more tax specialty preferred. Prior supervisory experience required.

License/Certifications: 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) required. Possession of other professional degrees or certifications applicable to role preferred.

Software: Proficiency with the Microsoft Office Suite preferred. Experience with tax research databases and tax compliance process software preferred.

Skills

• 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
• Capacity to work well in a team environment
• Capable of developing and managing a team of tax professionals
• Ability to compose written tax advice
• Capable of effectively developing and maintaining 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: $190,000 – $335,000
• Colorado Range: $185,000 – $225,000
• Illinois Range: $175,000 – $250,000
• Maryland Range: $185,000 – $260,000
• Massachusetts Range: $215,000 – $300,000
• Minnesota Range: $170,000 – $250,000
• New Jersey Range: $190,000 – $350,000
• Ohio Range: $150,000 – $300,000
• NYC/Long Island/Westchester Range: $230,000 – $350,000
• Washington Range: $196,400 – $249,400
• Washington DC Range: $190,000 – $300,000