Tax Manager, Business Incentives Group

BDO USA, LLP; Chicago (IL); On-site; USD 80,000 - 168,000; Full time

Benefits offered by this job

ESOP benefits

Total Rewards

Job summary

The Tax Manager, Business Incentives Group (BIG) at BDO USA, LLP leads research, compliance, and advisory work on big tax positions for clients. You will develop strategies, document positions, and support examinations and appeals while guiding colleagues on engagement teams.

Responsibilities include supervising associates, driving process improvements, and coordinating with tax and assurance professionals. A CPA or EA is preferred, with 5+ years of BIG tax consulting experience.

Qualifications

• Bachelor's degree required.
• Five (5) or more years of prior experience required.
• CPA certification, Enrolled Agent preferred.
• Experience with BIG tax consulting preferred.
• Experience preparing/reviewing tax provisions preferred.
• Experience with corporate taxation, consolidations, and partnerships preferred.

Responsibilities

• Research tax implications and prepare analyses/memos.
• Ensure client compliance with authorities and minimize tax burden.
• Develop and implement BIG tax solutions and processes.
• Represent clients in tax controversy before authorities.
• Understand ASC 740-10 standards, FIN48, FAS109.
• Contribute to business development and team leadership.

Skills

Communication skills

Analytical skills

Research skills

Organizational skills

Multi-tasking

Education

Bachelor's degree

Accounting/Tax/Finance degree

Master's degree

Tools

Microsoft Office

Excel

Word

Caseware

GoSystems

Job description

Job Summary:

A Tax Manager, Business Incentives Group (BIG) is responsible for helping clients identify, document, and support tax positions related to this specialty's area of tax law upon examination and at appeals. In this role, the BIG Manager will assist with developing and driving related business development, process improvement, and team-building initiatives.

Job Duties:

• Research
  • Identifies all situations where research is necessary and conducts appropriate investigation on identified topics
  • Confirms accuracy of facts and sources where appropriate
  • Prepares studies of tax implications and outlines alternative courses of action to clients
  • Composes effective research memos in support of projects / transactions
  • Develops effective presentations for marketing and sales opportunities
• Tax Compliance
  • Ensures clients comply with applicable authorities
  • Identifies options for minimizing client tax and reporting burdens
  • Identifies "gray areas" and recognizes and communicates to partners related risks
  • Completes accurately appropriate workpapers and tax returns forms
  • Ensures firm risk management and tax quality control standards and protocols are met
  • Communicates with clients and appropriate Core Tax Services, Assurance, and Consulting personnel regarding any issues
• Tax Consulting
  • Develops, recommends, and implements solutions to provide clients maximum tax benefits
  • Stays informed of new legal and factual developments affecting clients' BIG tax positions and identifies and communicates to partners effective approaches to optimize these positions
  • Identifies and assists in maximizing all potential BIG tax benefits
  • Identifies process improvements regarding, e.g., the processes of identifying, documenting, and supporting BIG benefits on exam and at appeals
• Tax Controversy
  • Effectively represents clients before tax authorities
  • Responds effectively to inquiries from federal and state tax authorities regarding BIG tax issues and questions
  • Tax Specialization
  • Develops an in-depth understanding of the technical and practical issues and opportunities regarding BIG tax benefits
  • Identifies client opportunities and issues having to do with tax specializations other than BIG
• ASC 740-10
  • Understands and applies industry and firm FAS 109 and FIN48 standards
  • Recognizes, measures, and documents effectively financial benefit of BIG positions
• Strategy Development
  • Develops new or improved ideas and strategies to advance the position of clients, the firm or firm personnel
  • Suggests marketing approaches for new client acquisition
• Other duties as required

Supervisory Responsibilities:

• Effectively supervises and reviews the day-to-day work of BIG Senior Associates and Associates on assigned engagements
• Ensures BIG Senior Associates, Associates, and Interns are well trained in all required areas
• Effectively evaluates the performance of BIG Senior Associates and Associates and assists in the development of goals and objectives to enhance their professional development
• Delivers periodic performance feedback and completes constructive performance evaluations for BIG Senior Associates, Associates, and Interns
• Acts as Career Advisor to BIG Senior Associates and Associates

Qualifications, Knowledge, Skills and Abilities:

Education:

• Bachelor's degree, required
• Degree in accounting, tax, or finance, preferred
• Masters degree, preferred

  Experience:

  • Five (5) or more years of prior experience, required
  • Prior experience supervising tax consulting professionals, required
  • Experience in accounting, tax, or finance, preferred
  • Prior experience in BIG tax consulting, preferred
  • Prior experience preparing and/or reviewing tax provisions, preferred
  • Prior experience with corporate taxation, consolidations, and partnerships, preferred

  License/Certifications:

  • CPA certification, preferred
  • Enrolled Agent, preferred

  Software:

  • Proficient in the use of Microsoft Office, especially Excel and Word
  • Experience with tax related software and research databases such as Caseware, GoSystems, and other comparable programs

  Other Knowledge, Skills & Abilities:

  • Knowledge, skills, and abilities in the BIG tax area commensurate with the level of experience required above
  • Excellent oral 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 and within a group environment
  • Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
  • Capable of effectively managing a team of tax professionals and delegating work assignments as needed
  • Capacity to build and maintain strong relationships with firm and client personnel and the ability to successfully interact with professionals at all levels
  • Ability to cultivate a positive team environment on engagements and contribute to the professional development of team personnel
  • Executive presence and ability to act as primary contact on assigned engagements

  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: $79,800 - $168,000
  Maryland Range: $79,800 - $168,000
  NYC/Long Island/Westchester Range: $79,800 - $168,000
  Washington DC Range: $79,800 - $168,000

  
  

  At BDO, how we show up matters. We build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping one another grow and succeed. Here, you'll find meaningful work, leaders invested in your success, and opportunities to build a career around what matters most to you.

  Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. Our values guide how we bring that purpose to life each day. Together, they shape how we work with one another, serve our clients, and create meaningful impact.

  BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. No matter your role, you'll be part of a team helping clients navigate complexity and move forward with clarity.

  We are proud to be an ESOP company, offering participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well-being. As a qualified retirement plan, the ESOP is a meaningful addition to our comprehensive compensation and Total Rewards benefits* offerings. It also reinforces an ownership mindset that strengthens our connection to one another, our clients, and the future we're building together.

  Learn more about our benefits: BDO Total Rewards encompass more than traditional benefits.

  *Benefits may be subject to eligibility requirements.

  Equal Opportunity Employer, including disability/vets