Tax Manager, Digital Assets

BDO USA, P.C.•Los Angeles, CA

About The Position

The Digital Assets Tax Manager assists in providing tax compliance & consulting services to clients such as Lab companies doing protocol launches, NFT creators, stablecoins, infrastructure companies that do mining and staking, exchanges, fintech companies, and corporations engaging with crypto/blockchain solutions. In this role, the Digital Assets Tax Manager is charged with applying knowledge to understand potential tax issues and recognizing and communicating potential risks and potential changes in the tax policy. In addition, the Digital Assets Tax Manager is 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; focus in Accounting, Finance, Economics, or Statistics, preferred
Five (5) or more years of relevant tax experience and/or public accounting, 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

Nice To Haves

Master’s Degree in Accounting or Taxation, preferred
Blockchain and Cryptocurrency industry experience supporting lab companies, NFT creators, stablecoins, infrastructure companies that do mining and staking, exchanges, fintech companies, and corporations engaging with crypto/blockchain solutions, preferred
Possession of other professional degrees or certifications applicable to role, preferred
Experience with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat, preferred
Experience with tax research databases, preferred
Proficient in tax compliance process software, 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
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

Responsibilities

Ensures both that (a) clients comply with all applicable authorities, while at the same time 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”)
Applies understanding of client’s unique set of circumstances, documentation, and/or other requirements mandated by law and prepares required filings (tax returns) using a system of review and documentation to ensure that the client is in full compliance, while keeping the client’s tax and reporting burden’s as low as possible
Ensures all data needed to comply with filing requirements are collected
Identifies and properly communicates missing items to prepare return
Utilizes Firm compliance software to maximize efficiency in tax prep process
Collaborates with Principals, Tax Seniors, and Associates on completion of project (follow-up with Open items list)
Delivers high quality federal, state, and international tax compliance services
Leads complex engagements with a team of tax professionals
Manages the engagement including billing, collections, and the budget for projects
Builds and manages client relationships
Ensures/Documents client work and conclusions in the client tax file
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 firm specialists, as appropriate
Assists with identifying, developing, recommending, and implementing efficient and effective tax strategies
Leads clients with legal entity structuring, token genesis events, deal analysis, revenue recognition, sourcing, and implementation of clients’ tax objectives
Prepares and leads client meetings on advisory and compliance projects related to tax planning opportunities, and the tax implications of various transactions to the organization
Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation, e.g., compliance, provision, corporate, partnership, state and local, international, structuring, mergers and acquisitions
May be required to organize and conduct effective internal CPE training sessions in area of specialization, involving Firm specialists
Supervises Associates and Senior Associates on all projects
Reviews work prepared by Associates and Senior Associates and provide review comments
Trains Associates and Seniors how to use all current software tools
Acts as a Career Advisor to Associates and Senior Associates
Schedules and manages workload of Associates and Senior Associates
Provides verbal and written performance feedback to Associates and Senior Associates