Tax Manager, Core Tax Services - ASC 740

Job Description The Core Tax Services ("CTS") Manager – ASC740 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 corporate tax and ASC 740 tax issues. In this role, the Core Tax Services Manager applies knowledge to understand potential tax issues, and recognizes and communicates potential risks and potential changes in the tax policy. Job Duties Tax Compliance Ensures that clients comply with all applicable authorities while minimizing their tax and reporting burdens, and that 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 Assurance clients about issues identified in tax accrual review. Plans and reviews the tax process and procedures, including budgeting and staffing, monitoring engagement process and actual time incurred versus budget with assistance of Senior, timely billing, management of out‑of‑scope activity, and 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, frames issues to be researched, and reports the analysis. Identifies complex issues to be researched by engagement team and provides research methodology for efficient research processes. Trains managers/staff on research skills and helps to appropriately frame ASC 740 tax issues for analysis. Involves firm specialists, as appropriate. ASC 740 (fka FAS 109 and FIN 48) Tax Accruals Applies Firm policies, standards, and the BDO Tax Quality Manual regarding ASC 740. Explains and discusses components of the income tax provision and uncertain tax positions to clients and other complexities surrounding ASC 740. Communicates with Assurance team to plan tax accrual reviews, including budget, scope and delivery dates. Reviews tax provisions, applies in‑depth knowledge of ASC 740, and reviews prepared workpapers. Utilizes and manages Specialized Tax Services ("STS"), as needed. Tax Consulting Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing 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 technical and practical issues and opportunities regarding one or more areas of taxation. May be required to organize and conduct effective internal CPE training sessions in the area of specialization, involving Firm specialists. May train and mentor managers, seniors, and associates on ASC 740. Strategy Development Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel. Consistently makes suggestions as to how previous work products or approaches can be improved. May lead marketing campaigns, if applicable to role. Presents complex strategies to clients and prospective clients. Collaborates with the Firm’s National Tax and Specialized Tax Services to deliver high‑quality deliverables and/or analyses on ASC 740. Other duties as required. Supervisory Responsibilities Supervises Associates and Senior Associates on all projects. Reviews work prepared by Associates and Senior Associates and provides review comments. Trains Associates and Seniors on using 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. Education Bachelor’s degree in Accounting or Taxation, required. Master’s degree in Accounting or Taxation, preferred. Qualifications, Knowledge, Skills and Abilities Bachelor’s degree in Accounting or Taxation, required. Master’s degree in Accounting or Taxation, preferred. Experience Five (5) or more years of prior experience, required. Experience in managing the process of preparing and auditing ASC 740 computations for both privately held and publicly traded clients, required. 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 an equivalent designation), required. Software Experience with Microsoft Office Tools (Excel, PowerPoint, Word, Outlook), and Adobe Acrobat, required. Experience with tax research databases such as BNA and RIA; proficiency in all tax compliance process software including GoFileRoom, GoSystemRS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers, preferred. Other Knowledge, Skills & Abilities Superior verbal and written communication skills. Ability to effectively delegate work as needed. Strong analytical, research and critical thinking skills as well as decision‑making skills. Ability to work well in a team environment. Able to develop and manage a team of tax professionals. Ability to compose written tax advice. Ability to effectively develop and maintain client relationships. Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients. About Us Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization. BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well‑being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions. We are committed to delivering exceptional experiences to Middle‑Market leaders by sharing insight‑driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on. Welcoming diverse perspectives and understanding the experience of our professionals and clients. Empowering team members to explore their full potential. Our talented team brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities. Celebrating ingenuity and innovation to transform our business and help our clients transform theirs. Focus on resilience and sustainability to positively impact our people, clients, and communities. BDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more! Benefits may be subject to eligibility requirements. Equal Opportunity Statement 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." #J-18808-Ljbffr BDO USA