Tax Senior, Corporate/ASC 740

About the Role

The Tax 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. This role may also involve supervising and reviewing 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.
• Research:
  • Identifies when research is needed and clearly frames issues to be researched.
  • Reports analysis clearly and concisely.
  • Applies Firm and professional standards for preparation of WTA and tax returns.
• ASC 740 (FAS 109 and FIN 48) Tax Accruals:
  • Correctly and proactively 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 positions with team members.
  • Reviews and prepares footnote disclosures in compliance with 740-10-55.
• Tax Consulting:
  • 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 (e.g., creating memorandums to the files – Tax Issues Memos) and ensures proper documentation is archived.
• Strategy Development:
  • 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).
  • Prepares studies of tax implications and offers clients alternative courses of action.
• Supervisory Responsibilities:
  • 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 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, or equivalent documentation, prior to start date).
• Master’s in Accountancy or Taxation preferred.
• Two (2) 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 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 based on qualifications, experience, skills, and geography. The following ranges apply by location:

• California: $84,000 - $110,000
• Colorado: $80,000 - $85,000
• Illinois: $80,000 - $93,000
• Maryland: $90,000 - $94,000
• Minnesota: $75,000 - $84,000
• Massachusetts: $85,000 - $95,000
• New Jersey: $82,000 - $112,000
• Ohio: $81,000 - $95,000
• NYC/Long Island/Westchester: $100,000 - $110,000
• Washington: $81,900 - $91,400
• Washington DC: $93,000 - $98,000

Benefits

BDO offers a comprehensive Total Rewards benefits package, including:

• Employee Stock Ownership Plan (ESOP), offering participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance financial well-being.
• Additional benefits may be subject to eligibility requirements. Learn more about BDO Total Rewards.

About Us

At BDO, we build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping each other grow and succeed. Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. Our values guide how we bring that purpose to life each day.

BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. As an ESOP company, we offer participants a stake in the firm’s success through beneficial ownership, reinforcing an ownership mindset that strengthens our connection to one another, our clients, and the future we’re building together.