Tax Manager - Accounting Methods and Periods

Tax Consulting And Advisory Services

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As a member of our Credits, Incentives and Methods (CIM) group, you will be responsible for providing tax consulting and advisory services around the timing of recognizing revenue, expense, capitalization, cost recovery and inventory accounting – whether based on regulatory change, tax planning/optimization, liquidity or preparation for a transaction. These services include accounting method reviews, the filing of accounting method or period changes, participating in M&A structuring and diligence, writing of technical advice memorandums, researching technical filing positions and broadly interacting with both internal tax professionals and external client stakeholders.

Responsibilities

• Identification, project management, and initial technical review of AMP projects, supported by Washington National Tax office (WNT) AMP specialists, including overall changes, revenue recognition, expense recognition, inventory/UNICAP/LIFO, capitalization/cost recovery, Section 174 R&E expenditures, leasing engagements, strategic method reviews, and impacts of transactions/mergers on methods

• Manage delivery of AMP projects (typically automatic or advanced consent changes), including calculation of 481(a) adjustments, impact on tax provisions/reserves, and IRS exam support, while managing teams of 2-4 professionals

• Focus on client service expertise and the client experience by proactively and timely communicating with clients

• Understand financial accounting (GAAP; IFRS) and current financial accounting pronouncements

• Review technical memoranda, legal basis disclosures, tax opinions, positions, and responses to IRS inquiries and Ruling requests

• Train, mentor, and develop professionals through formal mentorship roles and informal interactions

• Foster collaborative relationships with colleagues by identifying opportunities to collaborate and integrate with other lines of business, promoting an integrated approach to client service

• Coordinate with multiple teams to successfully deliver on advisory engagements, primarily AMP in addition to Federal Credit & Incentives (FCI), Tangible Property Services (TPS), and Energy & Excise (E&E) analyses, as appropriate

• Contribute as industry expert by keeping abreast of changes in industry regulation, maintain competency through continuing education and obtaining additional professional certifications

Minimum Qualifications

• Bachelor's degree in Accounting or a related field from an accredited university

• One of the following is required: active CPA license in the state of residence or primary office; active Enrolled Agent (EA) license; active attorney license; or a pre-approved alternative certification that meets RSM requirements

• Minimum of six years of experience in public accounting, with a proven track record of practice building and project management, and demonstrated experience effectively identifying, selling, and delivering tax services to middle-market business clients

• Proven track record of successful tax planning, including accelerated depreciation deductions through cost segregation, fixed assets, and repairs and maintenance analyses

• Strong computer skills, including proficiency in Microsoft Excel

• Proven capacity to meet client service, quality, and performance expectations within applicable deadlines and in accordance with firm and client standards

• Strong communication skills, including clear, professional, and effective interaction with firm personnel and clients in person, by telephone, and through electronic or written means

• Effective project management skills, including managing multiple priorities, tasks, and projects simultaneously while meeting deadlines and maintaining accuracy and quality of work in a fast-paced, client service environment

• Experience working effectively in a professional office environment and, as required by the role, at client sites, including sitting for extended periods of time and working at a computer and other standard office equipment

• Capacity to maintain a consistent onsite presence during core business hours, including regular reporting to a firm office location and travel to client sites as required, with access to reliable transportation

• Ability to work extended and/or non-standard hours during peak periods or as necessary to meet client, project, or firm business needs

Preferred Qualifications

• 5+ years of experience working with tax accounting methods and inventory, or related tax-advisory field (ex: mergers & acquisitions, ASC 740)

• Master's in accounting or another business-related field; MBA, MST, JD/LLM