Tax Managing Director, National Tax - ASC 740

About the Role

The BDO Washington National Tax Office (WNT) Advisory practice provides technical leadership and support to firm client service professionals and alliance firms on tax matters, new legislation, and Treasury guidance. The Managing Director, National Tax Office, ASC 740 collaborates with WNT professionals and tax leadership to drive communication and operational efficiencies, applying knowledge and experience to assist clients with tax planning and compliance, and participate in firm training.

Responsibilities

• Applies knowledge and expertise to assist internal and external clients.
• Coordinates with WNT, tax leadership, and BDO firm leadership to execute the firm strategy.
• Develops and implements firm-wide training programs for staff through partnership in area of expertise.
• Applies, correctly and proactively, Firm policies, standards, and the BDO Tax Quality & Risk Management Manual (TQRM) regarding ASC 740.
• Explains and discusses components of the income tax provision and uncertain tax positions to clients, including complexities surrounding ASC 740-10.
• Communicates with Assurance team to timely plan tax accrual reviews, including budget, scope, and delivery dates.
• Reviews tax provisions and applies in-depth knowledge of ASC 740.
• Reviews prepared workpapers and utilizes Specialized Tax Services (STS), as needed.
• Identifies when research is needed, frames issues clearly, and reports analysis concisely.
• Trains managers and staff on research skills and helps frame ASC 740 tax issues for analysis.
• Develops an in-depth understanding of technical and practical issues in one or more areas of taxation (e.g., corporate, pass-through, state and local, international, credits and incentives).
• Organizes and conducts internal CPE training sessions in area of specialization.
• Introduces and develops new or improved ideas to benefit clients, the Firm, or Firm personnel (e.g., reducing taxes or expenses, providing non-tax benefits).
• 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 analyses on ASC 740.
• Attends and participates in national, regional, and firm client service efforts, meetings, and industry initiatives.
• Ensures the national business line conforms with the Firm’s technical standards.
• Helps ensure business lines perform within firm regulations and guidelines.
• Provides on-the-job training and supervises the work of associates, senior associates, and managers.
• Develops and manages a team of associates, senior associates, and managers.
• Puts the interests of the Firm above those of a client when resolving issues.
• Engages BDO technical, tax, consulting, valuation, and other professionals to resolve client issues.

Requirements

• Bachelor’s degree in Accounting, required.
• Master’s degree in Accounting or Taxation, preferred.
• LLM Tax and/or MST/MBT, preferred.
• Ten (10) or more years of prior experience, required.
• Experience in managing the process of preparing and auditing ASC 740 computations for both privately held and publicly traded clients, required.
• Prior supervisory experience, required.
• Multinational client experience, preferred.
• CPA certification, preferred.
• Possession of other professional degrees or certifications applicable to role, preferred.
• Proficiency in various tax applications and research tools, required.

Skills

• Superior verbal and written communication skills.
• Solid analytical and decision-making skills.
• Ability to meet project deadlines with a focus on organization and detail.

Pay

Individual salaries are determined based on qualifications, experience, skills, and geography.

• National Range: $190,000 - $300,000
• Maryland Range: $190,000 - $300,000
• NYC/Long Island/Westchester Range: $190,000 - $300,000

Benefits

BDO provides a comprehensive Total Rewards package, including:

• Employee Stock Ownership Plan (ESOP) offering participants a stake in the firm’s success.
• Comprehensive compensation and benefits (eligibility requirements may apply).

Learn more about BDO Total Rewards.