Tax Managing Director, ASC 740
About The Position
The ASC 740 Managing Director leads the delivery of income tax accounting and reporting services in accordance with ASC 740 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, ensures quality standards are met, and collaborates 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
- Bachelor’s degree required.
- Ten or more years of experience in income tax accounting and reporting under ASC 740.
- Experience managing the preparation and audit process for ASC 740 computations for privately held and/or publicly traded clients.
- Prior supervisory experience.
- CPA certification, admission as an attorney to practice in a U.S. jurisdiction, IRS Enrolled Agent designation, or equivalent.
- Proficiency in Microsoft Office Suite.
- 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 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 the primary client contact when preparing and presenting issues and resolutions.
- Ability to travel as needed.
Nice To Haves
- Bachelor’s degree major in Accounting, Finance, Economics, or Statistics.
- Master’s degree in Accounting or Taxation.
- Experience with multinational clients.
- Experience with tax provision software such as OneSource Tax Provision.
- Experience with tax research databases such as BNA and RIA.
- Proficiency in tax compliance process software such as GoFileRoom, GoSystemRS, Caseware, 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 strong 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 solutions to clients.
- 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.
Benefits
- Employee Stock Ownership Plan (ESOP), providing participants a stake in the firm’s success through beneficial ownership.
- Comprehensive compensation and Total Rewards benefits offerings.
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What This Job Offers
Job Type
Full-time
Career Level
Director
