Tax Experienced Senior, ASC 740

BDO USA•Woodbridge, NJ

About The Position

An ASC 740 Experienced Senior Associate is responsible for supporting the preparation and review of income tax provisions in accordance with ASC 740, applying U.S. GAAP and tax accounting foundational knowledge to complete accurate and timely tax provision calculations, documentation, and reporting, and identifying and resolving complex tax issues. In this role, the ASC 740 Experienced Senior Associate will work closely with clients and team members to ensure completion of deliverables and may be charged with developing junior staff and contributing to process improvements within the ASC 740 department.

Requirements

Bachelors degree in Accounting, Finance, Economics or Statistics, required OR Bachelor's degree in other focus area and CPA certification, required
Experience in the process of preparing and auditing ASC740 computations for both privately held and publicly traded clients, required

Nice To Haves

Masters in Accountancy or Taxation, preferred
Three (3) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience with a focus on ASC 740, preferred
Industry expertise in one or more tax specialty, preferred
Prior basic supervisory experience, preferred
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), preferred
Possession of other professional degrees or certifications applicable to role, preferred
Proficiency in Microsoft Office Suite, preferred
Experience with tax provision software such as OneSource Tax Provision, preferred
Strong analytical and problem-solving skills
Excellent written and verbal communication skills
Ability to manage multiple projects and deadlines
Attention to detail and high level of accuracy
Ability to work effectively both independently and as part of a team
Strong organizational and time management skills
Able to follow instructions as directed by members of Tax Team
Able to prepare simple tax returns
Takes appropriate actions without being asked
Seeks advice of appropriate superiors regarding issues, problems related to compliance
Ability to effectively delegate work as needed
Trains other team members
Strong analytical, research and critical thinking skills

Responsibilities

Prepares and reviews income tax provisions in compliance with ASC 740
Analyzes and documents uncertain tax positions and related disclosures
Assists with the preparation and review of tax footnotes for financial statements
Collaborates with clients to gather necessary data and resolve provision-related questions
Supports the implementation of process improvements and best practices within the ASC 740 function
Provides technical guidance and training to junior staff
Coordinates with audit teams to support the tax provision audit process
Researches and interprets tax laws and regulations as they relate to ASC 740
Other duties as required