Tax Managing Director, ASC 740

BDO USA•Raleigh, NC

11d

About The Position

The ASC 740 Managing Director leads the delivery of income tax accounting and reporting services for a diverse client base. The role oversees complex tax provision engagements, provides technical guidance on income tax accounting matters, ensures compliance with relevant standards, and serves as a primary client contact for complex ASC 740 matters. The Managing Director develops and maintains client relationships, manages engagement teams, and contributes to business development initiatives. The role also mentors staff, drives process improvements, maintains quality standards, collaborates with firm leadership to advance the ASC 740 practice, and monitors regulatory changes and industry trends to provide clients with proactive insights.

Requirements

Bachelor’s degree required.
Ten or more years of experience in income tax accounting and reporting under ASC 740 required.
Experience managing the preparation and audit process for ASC 740 computations for privately held and/or publicly traded clients required.
Prior supervisory experience required.
CPA certification, admission as an attorney in a U.S. jurisdiction, Internal Revenue Service Enrolled Agent designation, or equivalent 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 skills and ability to develop and manage a team of tax professionals.
Ability to delegate work effectively as needed.
Ability to compose written tax advice.
Demonstrated business development and client relationship management skills.
Executive presence and ability to act as the primary client contact when preparing and presenting issues and resolutions to clients.
Ability to travel as needed.

Nice To Haves

Major in Accounting, Finance, Economics, or Statistics.
Master’s degree in Accounting or Taxation.
Multinational client experience.
Experience with tax provision software such as OneSource Tax Provision.
Experience with tax research databases such as BNA and RIA.
Proficiency with tax compliance process software such as GoFileRoom, GoSystemRS, Caseware, and BNA Depreciation Software, or comparable programs, and standard tax workpapers.

Responsibilities

Oversee the preparation and review of income tax provisions in accordance with ASC 740 for public and/or private clients.
Provide technical guidance on complex tax accounting issues, including uncertain tax positions, valuation allowances, and deferred tax assets and liabilities.
Lead and manage multiple client engagements, ensuring quality, timeliness, and compliance with professional standards.
Develop and maintain client relationships, serving as a primary point of contact for ASC 740 matters.
Support business development efforts, including proposal development and client presentations.
Mentor, train, and evaluate staff and senior team members within the ASC 740 department.
Collaborate with other service lines and firm leadership to deliver integrated client solutions.
Monitor regulatory and industry developments related to income tax accounting and communicate relevant updates to clients and internal teams.
Drive process improvements and implement best practices within the ASC 740 practice.
Perform other duties as required.