Tax Managing Director, ASC 740

BDO USA•Philadelphia, PA

About The Position

The ASC 740 Managing Director is responsible for leading the delivery of income tax accounting and reporting services in accordance with ASC 740 for a diverse client base, overseeing complex tax provision engagements, providing technical guidance on income tax accounting matters, and ensuring compliance with relevant standards while acting as a primary client contact for complex ASC 740 matters. In this role, the Managing Director is charged with developing and maintaining client relationships, managing engagement teams, and contributing to business development initiatives. In addition, the Managing Director is responsible for mentoring staff, driving process improvements, ensuring quality standards are met, and collaborating with firm leadership to advance the ASC 740 practice. The Managing Director stays current on regulatory changes and industry trends to provide clients with proactive, value-added insights.

Requirements

Bachelors degree required; major in Accounting, Finance, Economics or Statistics preferred
Ten (10) or more years of experience in income tax accounting and reporting under ASC 740, required
Experience in managing the process of preparing and auditing ASC740 computations for both privately held and/or publicly traded clients, 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
Proficiency in Microsoft Office Suite, required
Advanced knowledge of ASC 740 and related tax accounting standards
Strong analytical, problem-solving, and research skills
Superior written and verbal communication skills
Ability to manage multiple priorities and deadlines in a fast-paced environment
Strong leadership and able to develop and manage a team of tax professionals
Ability to effectively delegate work as needed
Ability to compose written tax advice
Demonstrated business development and client relationship management skills
Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients

Nice To Haves

Masters degree in Accounting or Taxation preferred
Multinational client experience, preferred
Experience with tax provision software (such as OneSource Tax Provision), preferred
Experience with tax research databases such as BNA and RIA
Proficient in all tax compliance process software including GoFileRoom, GoSystemRS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers, preferred
Ability to travel as needed

Responsibilities

Oversees the preparation and review of income tax provisions in accordance with ASC 740 for public and/or private clients
Provides technical guidance on complex tax accounting issues, including uncertain tax positions, valuation allowances, and deferred tax assets/liabilities
Leads and manages multiple client engagements, ensuring quality, timeliness, and compliance with professional standards
Develops and maintains strong client relationships, serving as a primary point of contact for ASC 740 matters
Supports business development efforts, including proposal development and client presentations
Mentors, trains, and evaluates staff and senior team members within the ASC 740 department
Collaborates with other service lines and firm leadership to deliver integrated solutions to clients
Monitors regulatory and industry developments related to income tax accounting and communicates relevant updates to clients and internal teams
Drives process improvements and implements best practices within the ASC 740 practice
Other duties as required