Tax Supervisor

Rea•Marietta, OH

About The Position

Rea is a growing Top 100 business advisory & accounting firm providing our clients services in tax, accounting, and business consulting. We have a ‘People First’ culture and we focus on our employees’ well-being and professional development. With over 400 professionals, our firm has a culture that respects a work-life balance for our team. We also provide competitive compensation and a robust benefits plan. The Tax Supervisor is responsible for utilizing research skills, applying tax foundational knowledge to understand potential tax issues, gathering client information necessary for filing, participating in tax planning, recognizing and communicating potential risks, preparing tax accrual work papers, and working with tax software applications to complete tax returns for review. The Supervisor is also responsible for coordinating with the manager and principal and then advising clients on the tax implications of their business objectives, evaluating and selecting alternative actions to lessen tax burden and cost of compliance, identifying different methods of complying with tax regulations while acting as the primary client contact for complex tax issues. In this role, the Tax Supervisor is charged with applying knowledge to understand potential tax issues and recognizing and communicating potential risks and potential changes in the tax policy. In addition, the Tax Supervisor will be involved in growing their marketing, networking and business development within an area of expertise and specialization and may be asked to provide written tax advice to clients.

Requirements

Bachelor’s degree in accounting or other relevant field required
Four (4) to Five (5) years of prior experience
Experience with corporate taxation, consolidations, and partnerships preferred
Prior supervisory experience required
Experience with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat
Experience with tax research databases such as BNA and RIA
Proficient in all tax compliance process software including GoFileRoom, FirmFlow, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers
Superior verbal and written communication skills
Ability to effectively delegate work as needed
Strong analytical, research and critical thinking skills as well as decision-making skills
Capacity to work well in a team environment
Capable of developing and managing a team of tax professionals
Ability to compose written tax advice
Capable of effectively developing and maintaining client relationships
Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients
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

Nice To Haves

Master’s degree in accounting beneficial, Master’s degree in taxation beneficial
Possession of other professional degrees or certifications applicable to role beneficial

Responsibilities

Applies knowledge and understanding of the collective effect of various factors on establishing or enhancing effectiveness, or mitigating the risks, of specific policies and procedures
Documents, validates and assesses the design and operating effectiveness of the clients’ internal control system
Identifies and communicates suggested improvements to client internal controls and accounting procedures in an effort to reduces risk within the client organization
Supervise and reviews the work of audit staff
Ensures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the Rea’s tax quality control policies
Conducts top level review of T/R and resolves all tax issues with client; involves specialists where appropriate
Communicates with client and Assurance any issues identified in tax accrual reviews
Plans and reviews the tax process and the procedures to be performed
Manages client relationships/expectations in accordance with the project
Provides advice to clients in a timely manner
Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis
Applies most Firm and professional standards for preparation of WTA (“Written Tax Advice”) and tax returns
Involves firm specialists, as appropriate
Correctly and proactively applies Firm policies, standards, and Rea’s tax quality control policies regarding FAS 109 and FIN 48
Applies, correctly and proactively, ASC 740-10, and Firm policies, standards, and BDO TQM regarding them
Explains and discusses components of the income tax provision and uncertain tax positions to the client as well as other complexities surrounding ASC 740-10
Communicates with Assurance counterparts to timely plan tax accrual reviews, including budget, scope and delivery dates
Utilizes and manages STS (specialized tax services), as needed
Prepares provision workpapers and discusses with the appropriate team members
Identify and discuss uncertain positions with team members
Review & prepare footnote disclosures in compliance with 740-10-55
Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes
Considers the applicability of CTS (core tax services) and STS consulting specialties for each client
Develops and implements a work plan to include/organize the STS assistance on ongoing projects from client
Serves as a technical resource
Ensures client service teams comply with Firm policy; regarding Written Tax Advice (“WTA”)
Provides effective assistance with exam support
Frames projects and issues for effective delegation to seniors and associates
Identifies consulting opportunities to reduce client’s tax liability
Provides efficient and effective support for client consulting projects
Gathers relevant information for controversy work, efficiently and effectively
Documents all significant tax positions, clearly, correctly, and in accordance with Firm and office policies (by creating memorandums to the files – Tax issues Memos) and ensures that proper documentation is archived to GoFileRoom
Applies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles
Communicating financial statement disclosure requirements to clients
Drafting complex sets of financial statements with disclosures if applicable
Recognizing and applying new pronouncements to client situations
Identifying complex accounting issues and brings them to the attention of superiors for resolution
Coaching less experienced team members in new areas
Applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a target issue based on the information
Utilizing of internal and external research tools and selecting methodology for routine research requests
Researching complex areas of accounting, forming an initial opinion on the correct treatment independently and considering and documenting the impact on the client and audit engagement
Documenting and organizing complicated findings in a usable format, based on information obtained from various research resources
Assisting the engagement manager with gathering appropriate information about the business and information system, including the accounting system, to form an adequate basis for the preparation of the audit strategy
Developing the draft Audit Engagement Planning Memorandum, audit programs and budgets
Collaborating with the engagement manager to establish the responsibilities of individual audit staff for specific areas of audit work
Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation, e.g., individual, corporate, property, sales, corporate, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, R&D tax benefits
May be required to organize and conduct effective internal CPE training sessions in area of specialization, involving Firm specialists
Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits
Reviews studies of tax implications and offers clients alternative courses of action
Identifies and leverages lessons learned on prior projects, and offers input on how to improve processes and methods
Supervises associates, senior associates and supervisors on all projects
Reviews work prepared by associates, senior associates and supervisors and provide review comments
Trains Associates, Seniors and Supervisors how to use all current software tools
Acts as a Career Advisor to associates, senior associates and supervisors
Schedules and manages workload of associates, senior associates and supervisors
Provides verbal and written performance feedback to associates, senior associates and supervisors