Tax Supervisor
Rea, Dublin, OH, United States
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 will grow their marketing, networking, and business development within an area of expertise and may be asked to provide written tax advice to clients.
Control Environment
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.
Applies knowledge of transactional flow and key transactional cycles to complete audit work.
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 to reduce risk within the client organization.
Supervises and reviews the work of audit staff.
Tax Compliance
Ensures clients comply with all applicable authorities while minimizing their tax and reporting burdens, and ensures that self and client service teams comply with all Firm policies, standards, and Rea's tax quality control policies.
Conducts top‑level review of tax returns and resolves all tax issues with clients; 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, including budgeting, staffing, monitoring engagement process and actual time incurred vs. budget, timely billing and collection, and managing client relationships.
Provides advice to clients in a timely manner.
Research (Tax)
Identifies when research is needed; clearly and concisely frames issues to be researched; reports the analysis.
Applies most Firm and professional standards for preparation of written tax advice (WTA) and tax returns.
Involves firm specialists as appropriate.
ASC 740-10 (FAS 109 and FIN 48) Tax Accruals
Correctly and proactively applies Firm policies, standards, and Rea's tax quality control policies regarding FAS 109 and FIN 48.
Applies ASC 740-10, Firm policies, standards, and BDO TQM regarding them.
Explains and discusses components of the income tax provision and uncertain tax positions to the client and other complexities surrounding ASC 740-10.
Communicates with Assurance counterparts to plan tax accrual reviews, including budget, scope and delivery dates.
Utilizes and manages specialized tax services, as needed.
Prepares provision workpapers and discusses with the appropriate team members.
Identifies and discusses uncertain positions with team members.
Reviews & prepares footnote disclosures in compliance with 740‑10‑55.
Tax Consulting
Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits by decreasing clients' current and future taxes.
Considers the applicability of core and specialized tax services for each client.
Develops and implements a work plan to include/organize the specialized assistance on ongoing projects from clients.
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 delegation to seniors and associates.
Identifies consulting opportunities to reduce clients' tax liability.
Provides efficient and effective support for client consulting projects.
Gathers relevant information for controversy work.
Documents all significant tax positions, appropriately, and ensures proper documentation is archived.
GAAP
Applies knowledge and understanding of governing principles to client transactions and documents and communicates an understanding of these principles.
Communicates financial statement disclosure requirements to clients.
Drafts complex sets of financial statements with disclosures when applicable.
Recognizes and applies new pronouncements to client situations.
Identifies complex accounting issues and brings them to the attention of superiors for resolution.
Coaches less experienced team members in new areas.
Research (Audit)
Applies methodology to seek or maintain information from authoritative sources and draw conclusions regarding a target issue.
Utilizes internal and external research tools and selects methodology for routine requests.
Researches complex areas of accounting, forming an opinion independently and documents impact on the client and audit engagement.
Documents and organizes findings in a usable format.
Assists the engagement manager with gathering system information to prepare the audit strategy.
Develops the draft audit engagement planning memorandum, audit programs and budgets.
Collaborates with the engagement manager to assign audit staff responsibilities.
Identifies when research is needed and reports analysis.
Applies firm and professional standards for written tax advice and tax returns.
Tax Specialization
Develops an in-depth understanding of the technical and practical issues regarding one or more areas of taxation, e.g., individual, corporate, property, sales, passes, 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 internal CPE training sessions in area of specialization, involving Firm specialists.
Strategy Development
Introduces and develops new or improved ideas to improve clients, the Firm, or Firm personnel.
Reviews studies of tax implications and offers clients alternative courses of action.
Identifies lessons learned and offers input on process and method improvement.
Supervisory Responsibilities
Supervises associates, senior associates, and supervisors on all projects.
Reviews work prepared by associates, seniors, and supervisors and provides review comments.
Trains associates, seniors, and supervisors on current software tools.
Acts as a career advisor.
Schedules and manages workload.
Provides verbal and written performance feedback.
Education
Bachelor's degree in accounting or other relevant field required.
Master's degree in accounting beneficial; Master's degree in taxation beneficial.
Experience
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, Outlook) and Adobe Acrobat.
Experience with tax research databases (BNA, RIA) and proficiency in tax compliance process software (GoFileRoom, FirmFlow, Caseware, BNA Depreciation Software) and standard tax workpapers.
Superior verbal and written communication skills.
Ability to delegate work effectively.
Strong analytical, research, and critical thinking; decision‑making skills.
Capacity to work well in a team environment.
Capability to develop and manage a team of tax professionals.
Ability to compose written tax advice.
Capability to maintain client relationships.
Executive presence and ability to act as primary client contact for presentation of issues and resolutions.
Licenses/Certifications
CPA certification, attorney (admitted to practice in a U.S. jurisdiction), or IRS Enrolled Agent (EA) or equivalent required.
Possession of other professional degrees or certifications beneficial.
Travel
Travel to client sites and offices as needed.
Benefits
Health Care Plan (Medical, Dental & Vision).
Retirement Plan (401k).
Life Insurance (Basic, Voluntary & AD&D).
Paid Time Off (Vacation, Sick & Public Holidays).
Family Leave (Maternity, Paternity).
Short Term & Long Term Disability.
Training & Development.
Work From Anywhere option.
Wellness Resources.
Four (4) weeks PTO.
Twelve (12) paid holidays, of which three (3) are floating holidays.
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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 will grow their marketing, networking, and business development within an area of expertise and may be asked to provide written tax advice to clients.
Control Environment
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.
Applies knowledge of transactional flow and key transactional cycles to complete audit work.
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 to reduce risk within the client organization.
Supervises and reviews the work of audit staff.
Tax Compliance
Ensures clients comply with all applicable authorities while minimizing their tax and reporting burdens, and ensures that self and client service teams comply with all Firm policies, standards, and Rea's tax quality control policies.
Conducts top‑level review of tax returns and resolves all tax issues with clients; 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, including budgeting, staffing, monitoring engagement process and actual time incurred vs. budget, timely billing and collection, and managing client relationships.
Provides advice to clients in a timely manner.
Research (Tax)
Identifies when research is needed; clearly and concisely frames issues to be researched; reports the analysis.
Applies most Firm and professional standards for preparation of written tax advice (WTA) and tax returns.
Involves firm specialists as appropriate.
ASC 740-10 (FAS 109 and FIN 48) Tax Accruals
Correctly and proactively applies Firm policies, standards, and Rea's tax quality control policies regarding FAS 109 and FIN 48.
Applies ASC 740-10, Firm policies, standards, and BDO TQM regarding them.
Explains and discusses components of the income tax provision and uncertain tax positions to the client and other complexities surrounding ASC 740-10.
Communicates with Assurance counterparts to plan tax accrual reviews, including budget, scope and delivery dates.
Utilizes and manages specialized tax services, as needed.
Prepares provision workpapers and discusses with the appropriate team members.
Identifies and discusses uncertain positions with team members.
Reviews & prepares footnote disclosures in compliance with 740‑10‑55.
Tax Consulting
Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits by decreasing clients' current and future taxes.
Considers the applicability of core and specialized tax services for each client.
Develops and implements a work plan to include/organize the specialized assistance on ongoing projects from clients.
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 delegation to seniors and associates.
Identifies consulting opportunities to reduce clients' tax liability.
Provides efficient and effective support for client consulting projects.
Gathers relevant information for controversy work.
Documents all significant tax positions, appropriately, and ensures proper documentation is archived.
GAAP
Applies knowledge and understanding of governing principles to client transactions and documents and communicates an understanding of these principles.
Communicates financial statement disclosure requirements to clients.
Drafts complex sets of financial statements with disclosures when applicable.
Recognizes and applies new pronouncements to client situations.
Identifies complex accounting issues and brings them to the attention of superiors for resolution.
Coaches less experienced team members in new areas.
Research (Audit)
Applies methodology to seek or maintain information from authoritative sources and draw conclusions regarding a target issue.
Utilizes internal and external research tools and selects methodology for routine requests.
Researches complex areas of accounting, forming an opinion independently and documents impact on the client and audit engagement.
Documents and organizes findings in a usable format.
Assists the engagement manager with gathering system information to prepare the audit strategy.
Develops the draft audit engagement planning memorandum, audit programs and budgets.
Collaborates with the engagement manager to assign audit staff responsibilities.
Identifies when research is needed and reports analysis.
Applies firm and professional standards for written tax advice and tax returns.
Tax Specialization
Develops an in-depth understanding of the technical and practical issues regarding one or more areas of taxation, e.g., individual, corporate, property, sales, passes, 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 internal CPE training sessions in area of specialization, involving Firm specialists.
Strategy Development
Introduces and develops new or improved ideas to improve clients, the Firm, or Firm personnel.
Reviews studies of tax implications and offers clients alternative courses of action.
Identifies lessons learned and offers input on process and method improvement.
Supervisory Responsibilities
Supervises associates, senior associates, and supervisors on all projects.
Reviews work prepared by associates, seniors, and supervisors and provides review comments.
Trains associates, seniors, and supervisors on current software tools.
Acts as a career advisor.
Schedules and manages workload.
Provides verbal and written performance feedback.
Education
Bachelor's degree in accounting or other relevant field required.
Master's degree in accounting beneficial; Master's degree in taxation beneficial.
Experience
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, Outlook) and Adobe Acrobat.
Experience with tax research databases (BNA, RIA) and proficiency in tax compliance process software (GoFileRoom, FirmFlow, Caseware, BNA Depreciation Software) and standard tax workpapers.
Superior verbal and written communication skills.
Ability to delegate work effectively.
Strong analytical, research, and critical thinking; decision‑making skills.
Capacity to work well in a team environment.
Capability to develop and manage a team of tax professionals.
Ability to compose written tax advice.
Capability to maintain client relationships.
Executive presence and ability to act as primary client contact for presentation of issues and resolutions.
Licenses/Certifications
CPA certification, attorney (admitted to practice in a U.S. jurisdiction), or IRS Enrolled Agent (EA) or equivalent required.
Possession of other professional degrees or certifications beneficial.
Travel
Travel to client sites and offices as needed.
Benefits
Health Care Plan (Medical, Dental & Vision).
Retirement Plan (401k).
Life Insurance (Basic, Voluntary & AD&D).
Paid Time Off (Vacation, Sick & Public Holidays).
Family Leave (Maternity, Paternity).
Short Term & Long Term Disability.
Training & Development.
Work From Anywhere option.
Wellness Resources.
Four (4) weeks PTO.
Twelve (12) paid holidays, of which three (3) are floating holidays.
#J-18808-Ljbffr