Tax Senior Manager, Core Tax Services - Corporate/ASC 740 Focus

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About the role

The Core Tax Services Senior Manager is responsible for advising clients on the tax implications of their business objectives, evaluating and selecting alternative actions to lessen tax burden and cost of compliance, and identifying different methods of complying with tax regulations while acting as the primary client contact for complex tax issues.

In this role, you will apply knowledge to understand potential tax issues, recognize and communicate potential risks, and make top-level decisions regarding filing, preparation, and resolution of questions from federal/state agencies. You will also be a critical member of the office/region leadership team, actively participating in marketing, networking, and business development within an area of expertise while maintaining client relationships.

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”).
• Conducts top-level review of tax returns and resolves all tax issues with clients; involves specialists where appropriate.
• Plans for early recognition of material tax and compliance issues and consults with the client and/or partner as appropriate.
• Identifies when research is needed; clearly and concisely frames issues to be researched; and reports the analysis.
• Identifies complex issues to be researched by the engagement team and provides research methodology for an efficient research process.
• Trains managers and staff on research skills and helps appropriately frame tax issues for analysis.
• Involves firm specialists as appropriate.
• Correctly and proactively applies Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding ASC 740 (FAS 109 and FIN 48).
• Applies, correctly and proactively, ASC 740 and Firm policies, standards, and BDO TQM regarding them.
• Helps others learn and apply ASC 740 and Firm policies, standards, and BDO TQM regarding them.
• Reviews tax provisions, applying in-depth knowledge of ASC 740 if applicable to practice work.
• Reviews prepared workpapers.
• Explains and discusses with the client components of the income tax provision, uncertain tax positions, and other complexities surrounding ASC 740.
• Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes.
• Applies a combination of tax knowledge and business/industry knowledge to recommend solutions.
• Maximizes client benefits while managing risk.
• Confers with STS specialists to determine the applicability of STS consulting specialties to each client; involves STS when appropriate.
• Monitors implementation of work plans (client service plan) for tax consulting projects to ensure they are efficiently and effectively conducted.
• Manages written or phone inquiries from federal and state agencies with little or no assistance.
• Provides effective assistance with protests at the appeals level.
• Implements applicable Firm strategies and manages client expectations.
• Develops 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, corporate, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, R&D tax benefits).
• May be required to organize, conduct, or participate in effective external CPE training sessions in area of specialization, involving Firm specialists, at a minimum of once per year.
• May train and mentor managers, seniors, and associates on specialization areas.
• 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).
• Researches and implements tax strategies, including experimentation with promising new strategies and ideas.
• Consistently makes suggestions as to how previous work products or approaches can be improved.
• May lead marketing campaigns if applicable to the role.
• Presents complex strategies to clients and prospective clients.
• Supervises associates and senior associates on all projects; reviews work prepared by them and provides review comments.
• Trains associates and seniors on how to use all current software tools.
• Acts as a Career Advisor to associates and senior associates.
• Schedules and manages the workload of associates and senior associates.
• Provides verbal and written performance feedback to associates and senior associates.
• Performs other duties as required.

Requirements

• Bachelor’s degree required; major in Accounting, Finance, Economics, or Statistics preferred.
• Master’s in Accountancy or Taxation preferred.
• Eight (8) 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 specialties preferred.
• Prior supervisory experience required.
• 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 the role preferred.
• Proficient 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

Individual salaries are determined after consideration of numerous factors including but not limited to qualifications, experience, skills, and geography.

• California Range: $146,000 - $200,000
• Colorado Range: $165,000 - $180,000
• Illinois Range: $140,000 - $190,000
• Maryland Range: $150,000 - $180,000
• Massachusetts Range: $150,000 - $206,000
• Minnesota Range: $130,000 - $190,000
• New Jersey Range: $155,000 - $200,000
• Ohio Range: $125,000 - $200,000
• NYC/Long Island/Westchester Range: $180,000 - $225,000
• Washington Range: $158,400 - $215,400
• Washington DC Range: $162,000 - $190,000

Benefits

BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. As an ESOP company, BDO offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP is a qualified retirement plan and a meaningful addition to our comprehensive compensation and Total Rewards benefits.

Learn more about our benefits.