Tax Manager, Core Tax Services

BDO USA; Salt Lake City (UT); On-site; USD 120,000 - 180,000; Full time

Job summary

BDO USA is seeking a Tax Manager in Core Tax Services to advise clients on tax implications of business objectives, evaluate actions to reduce tax burden, and ensure compliance. The role includes leading tax compliance, research, and consulting efforts, with responsibility for supervising junior staff and maintaining strong client relationships.

The Manager will communicate complex tax issues, apply ASC 740 and related standards, and contribute to business development within the practice area.

Qualifications

• Bachelor's degree in Accounting, Finance, Economics or Statistics required or preferred.
• Masters in Accountancy or Taxation preferred.
• Five or more years of prior relevant tax experience.
• Prior supervisory experience preferred.

Responsibilities

• Advises clients on tax implications of business objectives and potential actions to lessen tax burden and compliance costs.
• Reviews and guides tax return preparation and tax accrual processes (ASC 740, FAS 109, FIN 48) with senior staff and specialists as needed.
• Manages client relationships and expectations in accordance with project scope and budget.
• Leads tax consulting efforts to maximize client benefits and reduce taxes for current and future periods.
• Develops and communicates tax strategy, policies, and planning ideas to clients.
• Supervises associates and senior associates, provides feedback and training on tax software and processes.

Education

Bachelor's degree in Accounting, Finance, Economics or Statistics

Masters in Accountancy or Taxation

Job description

Job Summary

The Tax Manager, Core Tax Services 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 tax issues. In this role, the Manager is charged with applying knowledge to understand potential tax issues and recognizing and communicating potential risks and potential changes in the tax policy. In addition, the Manager will be involved in the marketing, networking, and business development within an area of expertise and specialization and may be asked to provide written tax advice to clients.

Job Duties

Tax Compliance

Ensures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual ("TQM")

Conducts top level review of T/R and resolves all tax issues with client; 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 to include:

Budgeting and staffing

Monitoring engagement process and actual time incurred vs. budget with assistance of Senior

Timely billing including management of identified out-of-scope activity and communication to client

Timely collection of A/R

Manages client relationships/expectations in accordance with the project

Provides advice to clients in a timely manner

Research

Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis

Applies most Firm and professional standards for preparation of WTA and tax returns

Involves firm specialists, as appropriate

ASC 740 (FAS 109 and FIN 48) Tax Accruals

Correctly and proactively applies Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding FAS 109 and FIN 48

Applies, correctly and proactively, ASC 740, and Firm policies, standards, and BDO TQM regarding them

Explains and discusses components of the income tax provision and uncertain tax positions to the client as well as other complexities surrounding ASC 740

Communicates with Assurance counterparts to timely plan tax accrual reviews, including budget, scope and delivery dates

Utilizes and manages 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 the 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, e.g., individual, corporate, property, sales, corporate, pass-through, 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 effective internal CPE training sessions in area of specialization, involving Firm specialists

Strategy Development

Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits

Reviews studies of tax implications and offers clients alternative courses of action

Identifies and leverages lessons learned on prior projects, and offers input on how to improve processes and methods

Other duties as required

Supervisory Responsibilities

Supervises associates and senior associates on all projects

Reviews work prepared by associates and senior associates and provide review comments

Trains Associates and Seniors how to use all current 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

Qualifications, Knowledge, Skills and Abilities

Education

Bachelors degree, required; major in Accounting, Finance, Economics or Statistics, preferred

Masters in Accountancy or Taxation, preferred

Experience

Five (5) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience, required

Prior supervisory experi