Tax Manager, Credits & Incentives

BDO USA, P.C. • Chicago, IL

1d • $79,800 - $168,000

About The Position

The Tax Manager, Credits & Incentives advises clients on credit and incentive opportunities related to their business objectives, recommends alternative courses of action, and identifies ways to comply with credits and incentives statutes and regulations. The role also involves marketing, networking, business development, and recognizing potential changes in credits and incentives policy. The manager works with Core Tax Partners, Directors, and Senior Managers to provide specialized credits and incentives expertise to clients.

Responsibilities include researching complex credits and incentives issues; reviewing income tax returns and compliance processes; preparing memorandums, reports, and opportunities analyses; identifying opportunities across jurisdictions; managing client engagements and expectations; responding to state tax notices, representing clients before tax authorities, and supporting examinations. The manager also conducts technical work for multi-state clients, negotiates credits and incentives matters, develops client strategies, and uses research databases and related software.

The role supervises and reviews the work of SALT Senior Associates and Associates, trains team members on relevant tax software, supports their professional development, provides performance feedback, completes evaluations, and serves as a career advisor as appropriate.

Requirements

• Bachelor’s degree in Accounting or another relevant field.
• At least five years of state and local or multistate tax experience.
• Experience supervising tax professionals on a project or engagement basis.
• CPA or another relevant certification.
• Excellent verbal and written communication skills.
• Superior analytical and research skills.
• Strong organizational skills, attention to detail, and ability to meet project deadlines.
• Ability to multitask and work independently or in a group environment.
• Ability to work in a deadline-driven environment and manage multiple projects simultaneously.
• Ability to manage a team of tax professionals and delegate work assignments.
• Ability to build and maintain strong relationships with internal personnel and clients.
• Ability to foster teamwork and contribute to assigned personnel’s professional development.
• Executive presence and ability to act as the primary contact on assigned engagements.
• Ability to interact successfully with professionals at all levels.
• Advanced knowledge of applying tax standards and delivering credits and incentives services effectively and efficiently.
• Advanced knowledge of sources used in credits and incentives filings.
• Advanced understanding of taxable conditions and their potential effects on clients and credits and incentives opportunities.

Nice To Haves

• Master’s degree in Accounting or Taxation, or a Juris Doctorate.
• Strong experience in credits and incentives.
• Experience preparing or reviewing tax provisions.
• Proficiency with Microsoft Office, especially Excel and Word.
• Exposure to and familiarity with standard tax applications and research tools.

Responsibilities

• Identify complex credits and incentives situations requiring research, outline issues, and determine appropriate research sources.
• Analyze research findings and prepare detailed reports or credits and incentives opportunity matrices.
• Develop relationships with state and out-of-state tax and economic development personnel.
• Review income tax returns and identify significant statutory credit opportunities.
• Evaluate clients’ compliance processes and provide customized or automated solutions for annual credits and incentives reporting.
• Draft memorandums and other documentation on credits and incentives issues.
• Review client operations to determine jurisdictions where credits and incentives opportunities may exist.
• Apply relevant state tax consulting specialties and confer with other tax professionals when appropriate.
• Ensure engagement letters are adopted before work begins and manage engagements and client expectations.
• Assist in developing consultative credits and incentives strategies.
• Draft responses to state taxing authority notices, represent clients before tax authorities, and assist with examinations.
• Use credits and incentives research databases and related software.
• Provide technical service to multi-state clients, conduct negotiations, and draft technical memorandums.
• Review opportunity studies and develop or research strategies to help clients maximize credits and incentives awards.
• Suggest marketing approaches for new client acquisitions.
• Supervise day-to-day workloads of SALT Senior Associates and Associates on assigned engagements and review their work.
• Train SALT Senior Associates, Associates, and Interns on relevant tax software.
• Evaluate team members, assist with professional goals and development, provide periodic feedback, and complete performance evaluations.
• Act as a career advisor to SALT Senior Associates and Associates as appropriate.
• Perform other duties as required.

Benefits

• Employee ownership through participation in the firm’s ESOP, a qualified retirement plan.
• Comprehensive compensation and Total Rewards benefits offerings.

What This Job Offers

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