Tax Senior, Core Tax Services

BDO USA; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

BDO USA is seeking a Tax Senior in Core Tax Services to apply tax knowledge and research skills, gather client information for filings, participate in planning, and communicate risks. You may supervise and review the work of junior associates as part of engagements.

The role involves using tax software to prepare returns for review, ensuring quality, and coordinating with preparers while meeting deadlines and firm policies.

Qualifications

• Strong knowledge of tax concepts and research skills.
• Experience gathering client information for filings.
• Knowledge of ASC 740, FIN 48, and tax accruals processes.
• Ability to supervise and review junior staff.

Responsibilities

• Ensure tax compliance and minimize client tax and reporting burdens for engagements and teams.
• Plan tax processes, manage projects, and meet internal deadlines.
• Review returns and provide clear review notes for preparers; raise potential issues.
• Identify book-to-tax differences and discuss with team as needed.
• Prepare tax accrual workpapers and discuss conclusions with the appropriate members.

Job description

Job Description

The Tax Senior, Core Tax Services 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 workpapers, and working with tax software applications to complete tax returns for review. In this role, the Tax Senior, Core Tax Services may be charged with supervising and reviewing the work of Core Tax Services Associates.

Job Summary

The Tax Senior, Core Tax Services 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 workpapers, and working with tax software applications to complete tax returns for review. In this role, the Tax Senior, Core Tax Services may be charged with supervising and reviewing the work of Core Tax Services Associates.

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").
  • Manages projects by planning the tax process and the procedures to be performed with quality;
  • Answers preparer questions, and coordinates engagement from onset by communicating expectations and procedures with preparers;
  • Conducts detailed reviews on all returns and appropriate review notes for preparers; raises potential tax issues;
  • Meets internal deadlines to match the client expectations for timely delivery of service;
  • Identifies book-to-tax differences.
• 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.
• 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.
  • 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, especially by decreasing clients' current and future taxes.
  • Identifies consulting opportunities to reduce client’s tax liability;
  • Provides efficient and effective support for client consulting projects;
  • Gathers relevant information for controversy work, efficiently and effectively;
  • Documents all significant tax positions, clearly, correctly, and in accordance with Firm and office policies (by creating memorandums