Washington Nat'l Tax Capital Markets Senior Manager

BDO USA•Nashville, TN

11d

About The Position

The National Tax Office Financial Products Senior Manager will specialize in the taxation of financial products. This role is responsible for advising Core Tax Services (CTS) and Specialized Tax Services (STS) office team members and their clients on the tax implications of business objectives. The Senior Manager will evaluate and select alternative actions to lessen tax burden and cost of compliance, and identify different methods of complying with tax regulations while acting as the subject matter specialist for financial products related matters. The role involves applying knowledge to understand potential tax issues and recognizing and communicating potential risks and changes in tax policy. Additionally, the Senior Manager will be involved in developing and providing thought leadership and training for the firm, including legislative and regulatory updates.

Requirements

Bachelor’s degree, required; focus in Accounting, Finance, Economics or Statistics, preferred.
Six (6) or more years of prior relevant tax experience and/or public accounting, law firm, private industry accounting or consulting/professional services experience, required.
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.
Proficient with the Microsoft Office Suite, including Microsoft Excel and PowerPoint, preferred.
Experience with tax research databases, including Tax Notes, CCH, or BNA, preferred.
Superior verbal and written communication skills.
Ability to effectively delegate work as needed.
Strong analytical and critical thinking skills as well as decision-making skills.
Strong tax research skills using on-line resources, including BNA and CCH.
Able to work well in a team environment.
Able to develop and manage a team of tax professionals.
Ability to compose written tax advice.
Superior attention to detail.
Ability to effectively develop and maintain client relationships.
Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients.

Nice To Haves

Juris Doctor (JD), preferred.
Master’s degree in Taxation, preferred.
Industry experience in one or more tax specialty, preferred.
Possession of other professional degrees or certifications applicable to role, preferred.

Responsibilities

Develops an in-depth understanding of the technical and practical issues and opportunities regarding the taxation of financial products, including debt instruments, derivatives, foreign currency transactions, cryptocurrency transactions, dealing/trading in securities or commodities, intercompany cash management, distressed debt workouts, and tax amortization calculations.
Serves as a primary technical resource for the technical practice areas described above for the Firm and its clients, including the CTS, STS, and financial services practices.
Provides tax consulting services to the CTS, STS, and asset management practice (and their clients) on tax issues and opportunities with respect to the taxation of financial products.
Serves as a technical resource and provides verbal and/or written technical advice through various formats regarding tax issues with respect to the taxation of financial products.
Prepares tax amortization (original issue discount) amortization calculations.
Ensures client service teams comply with Firm policy regarding Written Tax Advice (“WTA”).
Provides effective assistance with exam support.
Frames projects and issues for effective delegation to seniors and associates.
Assists with the development and presentation of thought leadership for the firm by drafting articles, insights, and other written materials discussing recent developments, including legislative and regulatory updates.
Prepares and participates in the presentation of trainings to CTS, STS, and clients on various tax topics.
May be required to organize and conduct effective internal CPE training sessions in area of specialization, involving Firm specialists.
Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis.
Applies most Firm and professional standards for preparation of WTA and tax returns.
Involves additional firm specialists, as appropriate.
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.
Reviews studies of tax implications and offers clients alternative courses of action.
Identifies and leverages lessons learned on prior projects, and offers input on how to improve processes and methods.
Supervises associates, senior associates and managers on all projects.
Reviews work prepared by associates, senior associates and managers and provide review comments.
Trains associates, senior associates and managers on how to use all current software tools.
Acts as a Career Advisor to associates, senior associates and managers.
Schedules and manages workload of associates and senior associates.
Provides verbal and written performance feedback to associates and senior associates.