BDO USA
Tax Manager, Corporate/ASC 740
Tax Manager, Corporate/ASC 740
role at BDO USA Job Details
Mid-Senior level | Full-time | Finance and Accounting/Auditing | Accounting Job Description
The Core Tax Services (“CTS”) Manager – ASC740 is responsible for 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 corporate tax and ASC 740 tax issues. In this role, the Core Tax Services Manager is charged with applying knowledge to understand potential tax issues, and recognizing and communicating potential risks and potential changes in the tax policy. Job Duties
Tax Compliance
Ensures both that clients comply with all applicable authorities while minimizing their tax and reporting burdens and that the firm’s service teams comply with all firm policies, the BDO Tax Quality Manual (TQM) Conducts top‑level review of tax records and resolves all tax issues with the client; involves specialists where appropriate Communicates issues identified in tax accrual review with assurance clients Plans and reviews the tax process and procedures to include budgeting and staffing, monitoring engagement process and actual time incurred versus budget with assistance of senior, timely billing including management of identified out‑of‑scope activity and communication to client, timely collection of accounts receivable Manages client relationships and expectations in accordance with the project Provides advice to clients in a timely manner
Research
Identifies when research is needed; frames issues to be researched and reports the analysis Identifies complex issues to be researched by engagement team and provides research methodology for efficient research processes Trains managers/staff on research skills and helps to appropriately frame ASC 740 tax issues for analysis Involves firm specialists as appropriate
ASC 740 (fka FAS 109 and FIN 48) Tax Accruals
Correctly and proactively applies firm policies and TQM regarding ASC 740 Explains and discusses components of the income tax provision and uncertain tax positions to the client and other complexities surrounding ASC 740 Communicates with Assurance team to plan tax accrual reviews, including budget, scope and delivery dates Reviews tax provisions and applies in‑depth knowledge of ASC 740 Reviews prepared workpapers Utilizes and manages Specialized Tax Services (STS) as needed
Tax Consulting
Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes Considers applicability of CTS 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
Tax Specialization
Develops an in‑depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation (individual, corporate, property, sales, etc.) May be required to organize and conduct effective internal CPE training sessions in area of specialization, involving firm specialists May train and mentor managers/seniors/associates on ASC 740
Strategy Development
Introduces and develops new or improved ideas to improve position of clients, the firm, or firm personnel, e.g., by reducing taxes or expenses or providing non‑tax benefits Consistently makes suggestions as to how previous work products or approaches can be improved May lead marketing campaigns if applicable Provides presentations of complex strategies to clients and prospective clients Collaborates with the firm’s National Tax and Specialized Tax Services to deliver high‑quality deliverables and analyses on ASC 740
Other duties as required Supervisory Responsibilities
Supervises associates and senior associates on all projects Reviews work prepared by associates and senior associates and provides review comments Trains associates and seniors on software tools Acts as a career advisor to associates and senior associates Schedules and manages workload of associates and senior associates Provides verbal and written performance feedback to associates and senior associates Education
Bachelor’s degree in Accounting or Taxation (required) Master’s degree in Accounting or Taxation (preferred) Qualifications, Knowledge, Skills and Abilities
Superior verbal and written communication skills Ability to effectively delegate work as needed Strong analytical, research and critical thinking skills and decision‑making skills Ability to work well in a team environment Able to develop and manage a team of tax professionals Ability to compose written tax advice Ability to effectively develop and maintain client relationships Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients Experience
Five (5) or more years of prior experience (required) Experience in managing the process of preparing and auditing ASC 740 computations for both privately held and publicly traded clients (required) Supervisory experience (required) Multinational client experience (preferred) License/Certifications
CPA certification, attorney (admitted to practice in a U.S. jurisdiction), or IRS Enrolled Agent (EA) (or equivalent) (required) Software
Experience with Microsoft Office tools (Excel, PowerPoint, Word, Outlook) and Adobe Acrobat (required) Experience with tax research databases such as BNA and RIA; proficient in all tax compliance process software including GoFileRoom, GoSystemRS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers (preferred) Other Knowledge, Skills & Abilities
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 Ability to work well in a team environment Able to develop and manage a team of tax professionals Ability to compose written tax advice Ability to effectively develop and maintain client relationships Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients Salary Ranges
California: $102,300 - $150,000 Colorado: $115,000 - $135,000 Illinois: $105,000 - $130,000 Maryland: $113,000 - $120,000 Massachusetts: $120,000 - $127,000 Minnesota: $90,000 - $120,000 New Jersey: $115,000 - $140,000 NYC/Long Island/Westchester: $125,000 - $160,000 Washington: $86,000 - $115,000 Washington DC: $120,000 - $140,000 About Us
Join us at BDO, where you will find more than a career—you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization. Welcoming diverse perspectives and understanding the experience of our professionals and clients Empowering team members to explore their full potential Our talented team brings varying skills, knowledge, and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities Celebrating ingenuity and innovation to transform our business and help our clients transform theirs Focus on resilience and sustainability to positively impact our people, clients, and communities BDO Total Rewards that encompass much more than traditional “benefits.” Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status. BDO USA, P.A. is an EO employer M/F/Veteran/Disability.
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Tax Manager, Corporate/ASC 740
role at BDO USA Job Details
Mid-Senior level | Full-time | Finance and Accounting/Auditing | Accounting Job Description
The Core Tax Services (“CTS”) Manager – ASC740 is responsible for 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 corporate tax and ASC 740 tax issues. In this role, the Core Tax Services Manager is charged with applying knowledge to understand potential tax issues, and recognizing and communicating potential risks and potential changes in the tax policy. Job Duties
Tax Compliance
Ensures both that clients comply with all applicable authorities while minimizing their tax and reporting burdens and that the firm’s service teams comply with all firm policies, the BDO Tax Quality Manual (TQM) Conducts top‑level review of tax records and resolves all tax issues with the client; involves specialists where appropriate Communicates issues identified in tax accrual review with assurance clients Plans and reviews the tax process and procedures to include budgeting and staffing, monitoring engagement process and actual time incurred versus budget with assistance of senior, timely billing including management of identified out‑of‑scope activity and communication to client, timely collection of accounts receivable Manages client relationships and expectations in accordance with the project Provides advice to clients in a timely manner
Research
Identifies when research is needed; frames issues to be researched and reports the analysis Identifies complex issues to be researched by engagement team and provides research methodology for efficient research processes Trains managers/staff on research skills and helps to appropriately frame ASC 740 tax issues for analysis Involves firm specialists as appropriate
ASC 740 (fka FAS 109 and FIN 48) Tax Accruals
Correctly and proactively applies firm policies and TQM regarding ASC 740 Explains and discusses components of the income tax provision and uncertain tax positions to the client and other complexities surrounding ASC 740 Communicates with Assurance team to plan tax accrual reviews, including budget, scope and delivery dates Reviews tax provisions and applies in‑depth knowledge of ASC 740 Reviews prepared workpapers Utilizes and manages Specialized Tax Services (STS) as needed
Tax Consulting
Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes Considers applicability of CTS 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
Tax Specialization
Develops an in‑depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation (individual, corporate, property, sales, etc.) May be required to organize and conduct effective internal CPE training sessions in area of specialization, involving firm specialists May train and mentor managers/seniors/associates on ASC 740
Strategy Development
Introduces and develops new or improved ideas to improve position of clients, the firm, or firm personnel, e.g., by reducing taxes or expenses or providing non‑tax benefits Consistently makes suggestions as to how previous work products or approaches can be improved May lead marketing campaigns if applicable Provides presentations of complex strategies to clients and prospective clients Collaborates with the firm’s National Tax and Specialized Tax Services to deliver high‑quality deliverables and analyses on ASC 740
Other duties as required Supervisory Responsibilities
Supervises associates and senior associates on all projects Reviews work prepared by associates and senior associates and provides review comments Trains associates and seniors on software tools Acts as a career advisor to associates and senior associates Schedules and manages workload of associates and senior associates Provides verbal and written performance feedback to associates and senior associates Education
Bachelor’s degree in Accounting or Taxation (required) Master’s degree in Accounting or Taxation (preferred) Qualifications, Knowledge, Skills and Abilities
Superior verbal and written communication skills Ability to effectively delegate work as needed Strong analytical, research and critical thinking skills and decision‑making skills Ability to work well in a team environment Able to develop and manage a team of tax professionals Ability to compose written tax advice Ability to effectively develop and maintain client relationships Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients Experience
Five (5) or more years of prior experience (required) Experience in managing the process of preparing and auditing ASC 740 computations for both privately held and publicly traded clients (required) Supervisory experience (required) Multinational client experience (preferred) License/Certifications
CPA certification, attorney (admitted to practice in a U.S. jurisdiction), or IRS Enrolled Agent (EA) (or equivalent) (required) Software
Experience with Microsoft Office tools (Excel, PowerPoint, Word, Outlook) and Adobe Acrobat (required) Experience with tax research databases such as BNA and RIA; proficient in all tax compliance process software including GoFileRoom, GoSystemRS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers (preferred) Other Knowledge, Skills & Abilities
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 Ability to work well in a team environment Able to develop and manage a team of tax professionals Ability to compose written tax advice Ability to effectively develop and maintain client relationships Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients Salary Ranges
California: $102,300 - $150,000 Colorado: $115,000 - $135,000 Illinois: $105,000 - $130,000 Maryland: $113,000 - $120,000 Massachusetts: $120,000 - $127,000 Minnesota: $90,000 - $120,000 New Jersey: $115,000 - $140,000 NYC/Long Island/Westchester: $125,000 - $160,000 Washington: $86,000 - $115,000 Washington DC: $120,000 - $140,000 About Us
Join us at BDO, where you will find more than a career—you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization. Welcoming diverse perspectives and understanding the experience of our professionals and clients Empowering team members to explore their full potential Our talented team brings varying skills, knowledge, and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities Celebrating ingenuity and innovation to transform our business and help our clients transform theirs Focus on resilience and sustainability to positively impact our people, clients, and communities BDO Total Rewards that encompass much more than traditional “benefits.” Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status. BDO USA, P.A. is an EO employer M/F/Veteran/Disability.
#J-18808-Ljbffr