Tax Managing Director, ASC 740

BDO USA; Philadelphia (Philadelphia County); On-site; USD 185,000 - 350,000; Full time

Benefits offered by this job

ESOP

Total Rewards Benefits

Job summary

BDO USA seeks an ASC 740 Managing Director to lead income tax accounting engagements for diverse clients across the U.S. This role emphasizes technical leadership, client contact, and staff development within the ASC 740 practice.

You will mentor teams, drive quality and efficiency, and collaborate with other service lines while staying current on regulatory changes and market trends. Strong client relationships and business development acumen are essential.

Qualifications

• Ten or more years of ASC 740 accounting and reporting experience.
• CPA, Attorney or EA designation required.
• Prior supervisory experience required.
• Multinational client experience preferred.
• Masters in Accounting/Taxation preferred.

Responsibilities

• Oversee preparation and review of ASC 740 income tax provisions for clients.
• Provide technical guidance on complex tax accounting issues.
• Lead and manage multiple client engagements with quality, timeliness, and compliance with standards.
• Develop and maintain client relationships as primary ASC 740 contact.
• Mentor staff and contribute to business development efforts.
• Collaborate with other service lines to deliver integrated solutions.
• Monitor regulatory changes and communicate updates to clients.
• Drive process improvements within the ASC 740 practice.
• Travel as needed.

Skills

ASC 740

Tax accounting

Leadership

Client management

Mentoring

Education

Bachelor's degree in Accounting/Finance/Economics/Statistics

Master's degree in Accounting/Taxation

Tools

Microsoft Office Suite

OneSource Tax Provision

BNA

RIA Pro

GoFileRoom

GoSystemRS

Caseware

Tax workpapers

Job description

JOB DESCRIPTION

ASC 740 Managing Director is responsible for leading the delivery of income tax accounting and reporting services in accordance with ASC 740 for a diverse client base, overseeing complex tax provision engagements, providing technical guidance on income tax accounting matters, and ensuring compliance with relevant standards while acting as a primary client contact for complex ASC 740 matters. In this role, the Managing Director is charged with developing and maintaining client relationships, managing engagement teams, and contributing to business development initiatives. In addition, the Managing Director is responsible for mentoring staff, driving process improvements, ensuring quality standards are met, and collaborating with firm leadership to advance the ASC 740 practice. The Managing Director stays current on regulatory changes and industry trends to provide clients with proactive, value-added insights.

Job Duties

• Oversees the preparation and review of income tax provisions in accordance with ASC 740 for public and/or private clients


• Provides technical guidance on complex tax accounting issues, including uncertain tax positions, valuation allowances, and deferred tax assets/liabilities


• Leads and manages multiple client engagements, ensuring quality, timeliness, and compliance with professional standards


• Develops and maintains strong client relationships, serving as a primary point of contact for ASC 740 matters


• Supports business development efforts, including proposal development and client presentations


• Mentors, trains, and evaluates staff and senior team members within the ASC 740 department


• Collaborates with other service lines and firm leadership to deliver integrated solutions to clients


• Monitors regulatory and industry developments related to income tax accounting and communicates relevant updates to clients and internal teams


• Drives process improvements and implements best practices within the ASC 740 practice


• Other duties as required

Education

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


• Masters degree in Accounting or Taxation preferred

Experience

• Ten (10) or more years of experience in income tax accounting and reporting under ASC 740, required


• Experience in managing the process of preparing and auditing ASC740 computations for both privately held and/or publicly traded clients, required


• Prior supervisory experience, required


• Multinational client experience, preferred

License/Certifications

• CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent (\"EA\") (or the equivalent of one of these designations), required

Software

• Proficiency in Microsoft Office Suite, required


• Experience with tax provision software (such as OneSource Tax Provision), preferred


• Experience with tax research databases such as BNA and RIA Proficient in all tax compliance process software including GoFileRoom, GoSystemRS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers, preferred

Language

• N/A

Other Knowledge, Skills & Abilities

• Advanced knowledge of ASC 740 and related tax accounting standards


• Strong analytical, problem-solving, and research skills


• Superior written and verbal communication skills


• Ability to manage multiple priorities and deadlines in a fast-paced environment


• Strong leadership and able to develop and manage a team of tax professionals


• Ability to effectively delegate work as needed


• Ability to compose written tax advice


• Demonstrated business development and client relationship management skills


• Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients


• Ability to travel as needed

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.

Maryland Range: $185,000 - $260,000

Massachusetts Range: $215,000 - $300,000

New Jersey Range: $190,000 - $350,000

NYC/Long Island/Westchester Range: $230,000 - $350,000

Washington DC Range: $190,000 - $300,000

About Us

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

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.

\"BDO USA, P.A. is an EO employer M/F/Veteran/Disability\"