Tax Manager, Core Tax Services

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 appropriateCommunicates with client and Assurance any issues identified in tax accrual reviewsPlans and reviews the tax process and the procedures to be performed to include:
Budgeting and staffingMonitoring engagement process and actual time incurred vs. budget with assistance of SeniorTimely billing including management of identified out-of-scope activity and communication to clientTimely collection of A/RManages client relationships/expectations in accordance with the projectProvides advice to clients in a timely mannerResearch: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 appropriateASC 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 themExplains and discusses components of the income tax provision and uncertain tax positions to the client as well as other complexities surrounding ASC 740Communicates with Assurance counterparts to timely plan tax accrual reviews, including budget, scope and delivery datesUtilizes and manages STS, as neededTax 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 clientDevelops and implements a work plan to include/organize the STS assistance on ongoing projects from clientServes as a technical resourceEnsures client service teams comply with Firm policy; regarding Written Tax Advice (“WTA”),Provides effective assistance with exam supportFrames projects and issues for effective delegation to seniors and associatesTax 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 specialistsStrategy 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 actionIdentifies and leverages lessons learned on prior projects, and offers input on how to improve processes and methodsOther duties as requiredSupervisory Responsibilities:Supervises associates and senior associates on all projectsReviews work prepared by associates and senior associates and provide review commentsTrains Associates and Seniors how to use all current software toolsActs as a Career Advisor to associates and senior associatesSchedules and manages workload of associates and senior associatesProvides verbal and written performance feedback to associates and senior associatesQualifications, Knowledge, Skills and Abilities:Education:Bachelors degree, required; major in Accounting, Finance, Economics or Statistics, preferredMasters in Accountancy or Taxation, preferredExperience:Five (5) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience, requiredPrior supervisory experience, requiredIndustry expertise in one or more tax specialty, preferredLicense/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), requiredPossession of other professional degrees or certifications applicable to role, preferredSoftware:Proficient with the Microsoft Office Suite, preferredExperience with tax research databases and tax compliance process software, preferredLanguage:N/AOther Knowledge, Skills & Abilities:Superior verbal and written communication skillsAbility to effectively delegate work as neededStrong analytical, research and critical thinking skills as well as decision-making skillsCapacity to work well in a team environmentCapable of developing and managing a team of tax professionalsAbility to compose written tax adviceCapable of effectively developing and maintaining client relationshipsExecutive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clientsIndividual 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.California Range: $112,000 - $150,000Colorado Range: $104,500 - $115,500Illinois Range: $105,000 - $130,000Maryland Range: $113,000 - $120,000Massachusetts Range: $120,000 - $127,000Minnesota Range: $90,000 - $120,000New Jersey Range: $115,000 - $140,000Ohio Range: $105,000 - $150,000NYC/Long Island/Westchester Range: $125,000 - $155,000Washington Range: $107,400 - $126,900Washington DC Range: $120,000 - $140,000At 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. Click here to find out more!*Benefits may be subject to eligibility requirements.Equal Opportunity Employer, including disability/vetsClick here to find out more!Full timePosting Date: