Tax Senior Manager, ASC740
About The Position
The Core Tax Services (CTS) Senior Manager – ASC740 advises clients on the tax implications of business objectives, evaluates alternatives to reduce tax burdens and compliance costs, and identifies methods of complying with tax regulations. The role serves as the primary client contact for complex corporate tax and ASC 740 matters, identifies and communicates tax issues and risks, and monitors potential changes in tax policy. The Senior Manager also supports marketing, networking, and business development in areas of expertise and may prepare written tax advice for clients. Responsibilities span tax compliance, tax research, ASC 740 tax accruals, tax consulting, tax specialization, and strategy development. The role plans and reviews engagement processes, budgets, staffing, billing, and collections; reviews tax returns, provisions, and workpapers; coordinates with clients, Assurance teams, and firm specialists; and develops recommendations and strategies to improve client outcomes. The Senior Manager also trains and mentors tax professionals and supervises associates and senior associates, including reviewing their work, managing workloads, and providing performance feedback.
Requirements
- Bachelor’s degree in Accounting or Taxation.
- At least eight years of prior experience.
- Experience managing the preparation and auditing of 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 designation.
- Superior verbal and written communication skills.
- Ability to delegate work effectively.
- Strong analytical, research, critical-thinking, and decision-making skills.
- Ability to work effectively in a team environment and develop and manage a team of tax professionals.
- Ability to compose written tax advice.
- Ability to develop and maintain client relationships effectively.
- Executive presence and ability to act as the primary client contact when presenting issues and resolutions.
- Proficiency in tax compliance process software and standard tax workpapers, as described in the posting.
Nice To Haves
- Master’s degree in Accounting or Taxation.
- Experience with multinational clients.
- Experience with Microsoft Office tools (Excel, PowerPoint, Word, and Outlook) and Adobe Acrobat.
- Experience with tax research databases such as BNA and RIA, and tax compliance software such as GoFileRoom, GoSystemRS, Caseware, and BNA Depreciation Software, or comparable programs.
Responsibilities
- Ensure client compliance with applicable authorities while minimizing tax and reporting burdens, and ensure engagement teams comply with Firm policies, standards, and the BDO Tax Quality Manual.
- Conduct top-level reviews of tax returns and resolve tax issues with clients, involving specialists when appropriate.
- Communicate issues identified during tax accrual reviews to clients and Assurance teams.
- Plan and review tax engagement processes, including budgeting, staffing, monitoring time against budget, timely billing, management of out-of-scope work, and collection of accounts receivable.
- Manage client relationships and expectations and provide timely client advice.
- Identify research needs, frame issues clearly, report analyses, establish research methodology, and train managers and staff in research skills.
- Apply ASC 740 and Firm policies and standards; explain income tax provision components, uncertain tax positions, and related complexities to clients.
- Coordinate with Assurance teams to plan tax accrual reviews, including budget, scope, and delivery dates; review tax provisions and workpapers; and use and manage Specialized Tax Services as needed.
- Develop, recommend, and implement efficient methods to maximize client benefits, especially by reducing current and future taxes.
- Consider CTS and STS consulting specialties, organize STS support on ongoing client projects, serve as a technical resource, support examinations, and delegate project work effectively.
- Develop in-depth expertise in one or more areas of taxation and conduct internal CPE training or mentor tax staff on ASC 740 when required or appropriate.
- Develop improved strategies and approaches for clients and the Firm, present complex strategies to clients and prospective clients, and collaborate with National Tax and Specialized Tax Services on ASC 740 deliverables and analyses.
- Supervise associates and senior associates across projects, review their work, provide review comments, train them on current software tools, serve as their Career Advisor, schedule and manage their workload, and provide written and verbal performance feedback.
- Perform other duties as required.
Benefits
- BDO ESOP, which gives participants a beneficial ownership stake in the firm and is described as part of its retirement plan and Total Rewards offerings.
- Comprehensive compensation and Total Rewards benefits offerings; details and eligibility requirements are referenced in the benefits brochure.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
