Tax Director, Transaction Advisory Services (M&A Tax)

BDO USA • Houston, TX

1d

About The Position

Within the Special Projects Group in TAS tax, the Tax Director, Transaction Advisory Services (TAS Tax) is responsible for advising clients on U.S. federal income tax issues associated with mergers and acquisitions. The Tax Director in this role will be the primary client contact for technical tax work, including structuring and restructuring, Section 382 analyses, consolidated return subsidiary share basis and earnings and profits analyses, Section 1202 analyses, and transaction cost studies. This role will review work prepared by Associate, Senior Associate, and Manager professionals in the Transaction Advisory Services (TAS Tax) Group, and work with Managing Directors and Principals on client optimization strategies. In addition, the Tax Director will be involved in the marketing, networking, and business development within an area of expertise and specialization and may be asked to provide written tax advice to clients.

Requirements

• Bachelor’s degree required; major in Accounting, Finance, Economics, or Statistics, preferred.
• Juris Doctor (JD or Master of Laws (LLM) with a focus on tax, preferred.
• Master’s degree in Accounting or Tax, preferred.
• Nine (9) or more years of prior relevant tax experience and/or public accounting, private industry accounting, or legal experience in three or more of the areas listed below, required:
• Knowledge of Section 382, and experience in preparing, reviewing, and auditing Section 382 studies.
• Knowledge of the consolidated return regulations, specifically experience in preparing, reviewing, and auditing consolidated subsidiary share basis and earnings and profits analyses.
• Knowledge of Section 1202 and experience preparing and reviewing Section 1202 analyses.
• Experience in preparing, reviewing, and auditing deliverables related to transaction structuring, legal entity rationalization, and post-transaction structural integration.
• Experience in preparing, reviewing, and auditing transaction cost analyses.
• Experience in drafting technical tax memorandums and opinions to support client positions.
• CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), 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, including Checkpoint, Bloomberg, and CCH Intelliconnect, preferred.
• 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.
• Ability to work well in a team environment.
• Ability to develop team of tax professionals.
• Ability to compose written tax advice.
• 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 client.
• Demonstrates a high level of integrity.
• Ability to adapt quickly in uncertain or unstructured situations.
• Excellent communication skills, with the ability to give and receive criticism and feedback constructively.
• Ability to simplify complex issues for client and non-tax professional understanding.
• Ability to utilize and improve digital tools to reduce hours and optimize engagement efficiency.
• Intellectually curious, motivated to deliver work of the highest quality, and driven to expand knowledge of tax technical matters, BDO’s business, its clients, and the team.
• Ability to lead by example, demonstrating to less experienced professionals the importance of continual personal and professional growth.

Nice To Haves

• Juris Doctor (JD or Master of Laws (LLM) with a focus on tax, preferred.
• Master’s degree in Accounting or Tax, 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, including Checkpoint, Bloomberg, and CCH Intelliconnect, preferred.

Responsibilities

• Understand the technical and practical issues and opportunities regarding the taxation of corporate mergers, acquisitions, and restructurings involving corporate entities.
• Serve as a primary technical resource for the technical practice areas described above for the Firm and its clients.
• Review calculations of anticipated tax ramifications of an asset deal relative to a stock deal.
• Read and comment on stock purchase agreements and asset purchase agreements.
• Review and analyze purchase price allocations.
• Conduct and review transaction costs analyses.
• Review Section 1202 structuring analyses, understand and strategically apply Section 1202 requirements to client facts.
• Provide tax consulting services to the broader tax practice on tax issues and opportunities with respect to corporate mergers, acquisitions, restructurings, and tax attributes.
• Review Section 382 studies.
• Prepare and review step plans for legal entity rationalization/restructuring transactions, including pre-transaction restructurings, post-deal integration entity alignments, and other reorganizations.
• Draft and review opinions, memoranda, and conduct tax technical research and analysis.
• Review stock basis and E&P analyses for consolidated groups.
• Review inside and outside basis analyses for S corporations.
• Review inside and outside basis analyses for C corporations.
• Frame projects and issues for effective delegation to senior associates and associates.
• Prepare and review structure decks for taxable and nonrecognition transactions between unrelated third parties.
• Identify when research is needed; clearly and concisely frame issues to be researched; and clearly and concisely report the analysis.
• Apply most Firm and professional standards for preparation of WTA and tax returns.
• Involve additional firm specialists, as appropriate.
• Introduce and develop new or improved ideas for clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits.
• Review studies of tax implications and offer clients alternative courses of action.
• Identify and leverage lessons learned on prior projects, and offer input on how to improve processes and methods.
• Supervise associates, senior associates, managers, and/or senior managers on all projects.
• Review work prepared by associates, senior associates, managers, and/or senior managers and provide review comments.
• Train associates, senior associates, managers, and senior managers on how to use all current software tools and to improve tax technical skills.
• Act as a Career Advisor to associates, senior associates, managers, and senior managers.
• Schedule and manage workload of associates, senior associates, managers, and senior managers.
• Provide verbal and written performance feedback to associates, senior associates, managers, and senior managers.

Benefits

• Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior