Senior Associate, Tax Credit Monetization
BDO USA, LLP, Glendale, CA, United States
Job Summary
The Senior Associate, STS Tax Credit Monetization, supports the delivery of monetizable tax credit services, with a focus on federal incentives such as energy tax credits and the New Markets Tax Credit. This tax consulting role assists clients in identifying, documenting, and optimizing tax credit opportunities while ensuring compliance with relevant tax laws and regulations. The Senior Associate collaborates with team members and clients across diverse industries, providing technical analysis, structuring guidance, written tax advice, and recommendations to minimize tax liabilities and exposures. This position offers opportunities for professional growth in technical expertise, project management, and client service, while contributing to business development and practice management initiatives.
Job Duties
Conduct research on federal tax incentives, including but not limited to various energy tax credits, New Markets Tax Credit, Historic Tax Credit.
Analyze client data to identify eligible tax credits and incentives.
Prepare and review tax credit calculations and documentation support as part of project analyses.
Prepare and review technical memoranda, written tax advice, and client deliverables.
Evaluate alternative tax strategies to optimize client benefits and minimize tax exposures.
Monitor changes in tax policy and regulations relevant to tax credit monetization practice.
Communicate with clients and internal teams to clarify technical issues and project requirements.
Assist with responses to inquiries from federal tax authorities.
Participate in marketing and business development activities, including the preparation of proposals and presentations.
Collaborate with colleagues across business lines to deliver integrated client solutions.
Contribute to the development and improvement of practice tools and processes.
Other duties as required.
Supervisory Responsibilities
Train and mentor STS Tax Credit Monetization Interns, Associates, and possibly other Senior Associates.
Qualifications, Knowledge, Skills, and Abilities Education
Bachelor's degree, required.
Experience
Two (2) or more years prior experience in accounting, tax, or finance (including internships), required.
Prior experience in tax consulting roles (e.g., energy credit, new markets tax credit, accounting methods, R&D Tax Credit), preferred.
Experience in preparing/reviewing tax provisions, corporate taxation, consolidations, and partnerships, preferred.
License/Certifications
Currently holds or working towards Certified Public Accountant license, Enrolled Agent certification, or Juris Doctorate degree (or the equivalent of one of these designations), preferred.
Software
Advanced proficiency in the use of Microsoft Office Suite, especially Microsoft Excel & Word, preferred.
Language
N/A
Other Knowledge, Skills & Abilities
Excellent verbal and written communication skills.
Entrepreneurial spirit and leadership mentality.
Ability to interact effectively with people at all organizational levels of BDO.
Ability to work independently and within a team environment with a focus on superior customer service.
Exceptional organizational and project management skills, with ability to multi-task in a fast-paced, deadline-driven environment.
Strong initiative, drive to lead, and desire and ability to enhance and grow the STS Tax Credit Monetization practice.
Building, maintaining, and utilizing networks of client relationships and community involvement.
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
National Range: $73,500 - $131,250
California Range: $73,500 - $131,250
Ohio Range: $73,500 - $131,250
Colorado Range: $73,500 - $131,250
Illinois Range: $73,500 - $131,250
Maryland Range: $73,500 - $131,250
Massachusetts Range: $73,500 - $131,250
Minnesota Range: $73,500 - $131,250
New Jersey Range: $73,500 - $131,250
NYC/Long Island/Westchester Range: $73,500 - $131,250
Vermont Range: $73,500 - $131,250
Washington Range: $73,500 - $131,250
Washington DC Range: $73,500 - $131,250
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Job Duties
Conduct research on federal tax incentives, including but not limited to various energy tax credits, New Markets Tax Credit, Historic Tax Credit.
Analyze client data to identify eligible tax credits and incentives.
Prepare and review tax credit calculations and documentation support as part of project analyses.
Prepare and review technical memoranda, written tax advice, and client deliverables.
Evaluate alternative tax strategies to optimize client benefits and minimize tax exposures.
Monitor changes in tax policy and regulations relevant to tax credit monetization practice.
Communicate with clients and internal teams to clarify technical issues and project requirements.
Assist with responses to inquiries from federal tax authorities.
Participate in marketing and business development activities, including the preparation of proposals and presentations.
Collaborate with colleagues across business lines to deliver integrated client solutions.
Contribute to the development and improvement of practice tools and processes.
Other duties as required.
Supervisory Responsibilities
Train and mentor STS Tax Credit Monetization Interns, Associates, and possibly other Senior Associates.
Qualifications, Knowledge, Skills, and Abilities Education
Bachelor's degree, required.
Experience
Two (2) or more years prior experience in accounting, tax, or finance (including internships), required.
Prior experience in tax consulting roles (e.g., energy credit, new markets tax credit, accounting methods, R&D Tax Credit), preferred.
Experience in preparing/reviewing tax provisions, corporate taxation, consolidations, and partnerships, preferred.
License/Certifications
Currently holds or working towards Certified Public Accountant license, Enrolled Agent certification, or Juris Doctorate degree (or the equivalent of one of these designations), preferred.
Software
Advanced proficiency in the use of Microsoft Office Suite, especially Microsoft Excel & Word, preferred.
Language
N/A
Other Knowledge, Skills & Abilities
Excellent verbal and written communication skills.
Entrepreneurial spirit and leadership mentality.
Ability to interact effectively with people at all organizational levels of BDO.
Ability to work independently and within a team environment with a focus on superior customer service.
Exceptional organizational and project management skills, with ability to multi-task in a fast-paced, deadline-driven environment.
Strong initiative, drive to lead, and desire and ability to enhance and grow the STS Tax Credit Monetization practice.
Building, maintaining, and utilizing networks of client relationships and community involvement.
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
National Range: $73,500 - $131,250
California Range: $73,500 - $131,250
Ohio Range: $73,500 - $131,250
Colorado Range: $73,500 - $131,250
Illinois Range: $73,500 - $131,250
Maryland Range: $73,500 - $131,250
Massachusetts Range: $73,500 - $131,250
Minnesota Range: $73,500 - $131,250
New Jersey Range: $73,500 - $131,250
NYC/Long Island/Westchester Range: $73,500 - $131,250
Vermont Range: $73,500 - $131,250
Washington Range: $73,500 - $131,250
Washington DC Range: $73,500 - $131,250
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