Tax Senior, State and Local Tax - Unclaimed Property

BDO Global•Phoenix, AZ

67d

About The Position

The Tax Senior, State and Local Tax - Unclaimed Property, applies industry knowledge and experience to clients by assisting in advising clients of the tax implications and other accounting related matters that affect their business objectives, with an emphasis on unclaimed property compliance and consulting. This is a very unique role that will allow a chosen professional the ability to use their tax and/or accounting skills (e.g., project management, reconciliation skills, financial auditing skills, accounting skills, problem solving skills, internal controls, process/system enhancements etc.) in a consultative capacity where sporadic data sets are obtained analyzed and modeled. The Tax Senior, State and Local Tax - Unclaimed Property, will work with leadership to recommend alternate courses of action, as well as identify different methods of complying with unclaimed property statutes and regulations. In this role, the person will be charged with project management, participating in presentations to clients and states, coordinating compliance, audit defense and VDAs and other consulting engagements, managing client expectations and deliverables, working with leadership on marketing, networking and business development and recognizing potential changes in unclaimed property policy and applying new policies to compliance and consulting engagements. In addition, the SALT Senior Associate, Unclaimed Property, will work with the Core Tax and Audit Partners, Directors, and Senior Managers to provide SALT expertise to their clients.

Requirements

Bachelor's degree in Accounting, Business, Economics or Finance, required
Two (2) or more years of prior experience in tax, financial statement auditing or forensic accounting in a public accounting firm or in-house organization, required
Proficient in the use of Microsoft Office Suite, specifically Excel and Word, required
Excellent verbal and written communication skills
Superior analytical and research skills
Solid organizational skills especially ability to meet project deadlines with a focus on details
Ability to successfully multi-task while working independently or within a group environment
Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
Capable of effective managing a team of tax professionals and delegating work assignments as needed
Capacity to build and maintain strong relationships with internal and client personnel
Ability to encourage team environment on engagements and contribute to the professional development of assigned personnel
Executive presence and ability to act as primary contact on assigned engagements
Ability to successfully interact with professionals at all levels
Advanced knowledge of appropriate application of tax standards to ensure effective and efficient delivery of tax services
Advanced knowledge of sources of relevant information utilized in tax filings
Advanced knowledge and understanding of cause / effect for taxable conditions on clients and the potential tax issues

Nice To Haves

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), preferred
Experience with Power BI, Alteryx, and other software, preferred

Responsibilities

Identifies complex situations when research is necessary providing an outline of the issue(s) and the appropriate source of research to be conducted
Analyzes researched facts and the sources utilized prior to composing a detailed report of the research findings
Develops relationships with in-state and out of state Department of Tax (DOT)/Department of Revenue (DOR) personnel, Department of Treasury, etc.
Routinely keeps abreast of latest relevant unclaimed property statutory, regulatory and case law changes
Obtains and manipulates data from client to use in preparation of annual escheat returns
Uses FSI Track, BDO Global Portal and other systems for data gathering
Imports data into FSI Track and prepares returns
Identifies appropriate B2B and other exemptions/deferrals
Performs reconciliations on data gathered to data reported
Composes responses to notices from state authorities
Assists with due diligence letter processing
Assists with client payment processing
Provides assistance with exam support
Communicates routinely with clients and UP team members
Drafts memorandums, opinions and other documentation on various escheat issues
Works with Unclaimed Property leadership to determines escheat planning process
Participates in developing policy and procedures, addressing internal controls
Represents clients on unclaimed property audits, mitigating exposures and assisting with best practices
Represents clients on voluntary disclosures mitigating exposures and assisting with best practices
Assists with identifying gift card planning opportunities and implementation
Assists UP leadership with client interviews onsite visits, workplans, etc.
Compiles and organizes general ledger detail, banking records, and other relevant source data for escheat items
Prepares and reviews scheduling decks of sporadic data into Unclaimed Property templates for analysis
Assists clients with remediation procedures (e.g., showing transactions are not owed)
Develops exposure quantification models to calculate escheat exposures
Assists with client refund review process
Applies all applicable state tax consulting sub-specialties and confers with other STS professionals when appropriate
Ensures escheat engagement letters are adopted prior to engagement work commencing and manages engagements
Assists UP leadership with the development of consultative selling strategies
Actively involved in relevant trade organizations and public speaking, networking events where appropriate
Routinely updates CRM entries
Manages the expectations of assigned clients
Works with UP leadership to project manages multiple clients and projects simultaneously
Utilizes FSI track, tax research databases and other tax-related software in the completion of assigned tasks
Maintains working knowledge of various GL systems (SAP, Oracle, JD Edwards, AS/400, Epicor, etc.)
Participates in learning and executing technology enhancements for unclaimed property group
May supervise the day-to-day workload of SALT Experienced Associates and Associates on assigned engagements and reviews work product
Ensures SALT Experienced Associates, Associates and Interns are trained on all relevant software
May evaluate the performance of SALT, Experienced Associates and Associates and assists in the development of goals and objectives to enhance professional development
Delivers periodic performance feedback and completes performance evaluations for SALT Experienced Associates, Associates and Interns