Tax Experienced Senior Associate, Business Incentives Group

BDO USA; Philadelphia (Philadelphia County); On-site; USD 95,000 - 130,000; Full time

Job summary

BDO USA is seeking a Tax Experienced Senior in the Business Incentives Group in Philadelphia to execute tasks identifying and supporting BIG tax credits and incentives. You will apply research skills and industry knowledge to determine qualified costs and calculate BIG benefits efficiently, while assisting with business development and operations.

Responsibilities include complex tax issue research, preparing memos, tax compliance tasks, and documenting positions in accordance with firm

Qualifications

• Bachelor's degree in accounting, tax or finance.
• Three or more years of BIG tax credits experience.
• CPA certification preferred.
• Fluent in English; strong written and verbal communication.

Responsibilities

• Identify and document BIG tax credits and incentives.
• Research complex tax issues and draft memos.
• Assist in preparing pro forma Forms 6765 and related state forms.
• Coordinate with clients to gather information and documentation.
• Support tax consulting and business development efforts.
• Mentor BIG Associates and Interns as needed.

Skills

Fluent English

Research skills

Analytical ability

Education

Bachelor's degree

Accounting/Finance degree

Tools

CaseWare

GoSystems

Excel

Tax databases

Job description

Job Summary:

The Tax Experienced Senior, Business Incentives Group is primarily responsible for executing project tasks to identify, document, and support on exam BIG tax credits and incentives. In this role, the Tax Experienced Senior, Business Incentives Group is charged with utilizing research skills and applying industry knowledge to understand the potential BIG tax credit issues and opportunities and to gather client information and documentation to identify qualified costs and expenses and calculate the BIG benefits efficiently and effectively. The role also may assist with business development and operational matters.

Job Duties:

Research

• Identifies intermediate to complex situations when research is needed, providing an outline of the issue(s) and research to be conducted


• Analyzes researched facts and sources prior to composing a detailed report of the research findings


• Composes standard research memos in support of projects / transactions

Tax Compliance

• Ensures clients comply with applicable authorities while identifying options for minimizing the client's tax and reporting burdens


• Obtains required client information to utilize in the preparation of tax filings


• Identifies "gray areas" and communicates related risk potential for contingent tax liabilities


• Completes pro forma Forms 6765 and other related state forms


• Ensures all necessary approvals and documentation, including but not limited to budgets, work plans, executed tax engagement letters, are in place prior to engagement work commencing

Tax Consulting

• Develops, recommends, and implements standard tax methods to provide clients with maximum tax benefits related to current and future tax obligations


• Assists in the review and response to notices for federal and state agencies


• Documents all significant tax positions, as well as issues, findings, and deliverables in accordance with firm policies


• Identifies and calculates BIG benefits, including potential credits, deductions, and other federal and state opportunities


• Contributes to the development of new and improved ways to identify qualified costs and activities


• Identifies tax consulting opportunities and participates in the marketing of services to existing and prospective clients

Tax Controversy

• Supports representation of clients before tax authorities on contested issues

Tax Related Software

• Uses Caseware, GoSystems, tax research databases, and other tax-related software in the completion of assigned tasks

Tax Specialization

• Develops an in-depth understanding of the technical and practical issues and opportunities regarding BIG tax benefits


• Calculates the federal BIG tax credit and applies BIG benefits of all states in his/her region


• Suggests ways to develop or improve tools, methodologies, policies, etc., to enhance the efficiency and effectiveness of BIG services


• Identifies other opportunities and issues other than those related only to BIG

ASC740-10

• Understands and applies industry standards, along with firm policies and BDO Tax Quality Manual requirements as they relate to FAS 109 and FIN48


• Recognizes, measures, and documents clients' financial benefits

Strategy Development

• Assists in the preparation of studies of tax implications to identify alternative courses of actions to benefits clients


• Develops new or improved ideas to advance the position of clients, the firm or firm personnel through reduction in taxes or expenses or offering of non-tax benefits


• Identifies and communicates possibilities for referrals while maintain awareness of the firm's tax specialists

Other duties as required

Other duties as required

Supervisory Responsibilities:

• Supervises and reviews the day-to-day work of BIG Associates and Interns on assigned engagements


• Ensures BIG Associates and Interns are trained on all relevant tax software


• Delivers periodic performance feedback and completes performance evaluations for BIG Associates and Interns


• Acts as mentor to BIG Associates and Interns

Qualifications, Knowledge, Skills and Abilities:

Education:

• Bachelor's degree, required


• Degree in accounting, tax, or finance, preferred

Experience:

• Three (3) or more years of prior experience, required


• Prior experience performing services related to BIG tax credits preferred


• Prior experience supervising tax professionals on a project or engagement basis preferred

License/Certifications:

• CPA certification, preferred

Software:

• Proficient in the u se of Microsoft Office, especially Excel and Word

Language:

• Fluent in verbal and written English

Other Knowledge, Skills & Abilities:

• 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


• Ability to effectively manage a team of tax professionals and delegate work assignments as needed


• Abilit