Job Summary: The Specialized Tax Services (STS) Accounting Methods group helps companies optimize their federal tax accounting methods, including revenue and expense recognition, capitalization, depreciation, and amortization, and various other special methods of accounting. STS Accounting Methods is part of BDO's Specialized Tax Services business, which is composed of various tax consulting practices designed to help companies comply with specific areas of federal, state, and international tax law. As an STS Tax Manager, Accounting Methods, you will help achieve BDO's core purpose-Helping People Thrive Every Day-by helping both public and private companies identify federal tax benefits and correct federal tax exposures. Our clients are leaders in industries such as technology, manufacturing, healthcare, architecture/engineering services, and consumer products. As an STS Accounting Methods Manager, you will have the opportunity and charge to innovate and collaborate with BDOers in all our business lines, as well as with our clients' leaders in tax, accounting, and finance, and also in their operations, software, manufacturing, and supply chain departments. STS Accounting Methods Managers pursue opportunities to enable them to gain and improve their skills in every aspect of professional service, including technical, interpersonal, verbal and written communication, project management, practice management, and business development. Job Duties:
- Research
- Identifies all situations where research is necessary and conducts appropriate investigation on identified topics
- Confirms accuracy of facts and sources where appropriate
- Prepares studies of tax implications and outlines alternative courses of action to clients
- Composes effective research memos in support of projects / transactions
- Develops effective presentations for marketing and sales opportunities
- Tax Compliance
- Ensures clients comply with applicable authorities
- Identifies options for minimizing client tax and reporting burdens
- Identifies "gray areas" and recognizes and communicates to partners related risks
- Completes appropriate workpapers and tax returns forms accurately
- Ensures firm risk management and tax quality control standards and protocols are met
- Communicates with clients and appropriate Core Tax Services, Assurance, and Consulting personnel regarding any issues
- Tax Consulting
- Develops, recommends, and implements solutions to provide clients maximum tax benefits
- Stays informed of new legal and factual developments affecting clients' tax positions and identifies and communicates to partners effective approaches to optimize these positions
- Identifies and assists in maximizing all potential tax accounting methods benefits
- Identifies process improvements
- Tax Controversy
- Effectively represents clients before tax authorities
- Responds effectively to inquiries from federal and state tax authorities regarding tax issues and questions
- Tax Specialization
- Develops an in-depth understanding of the technical and practical issues and opportunities regarding tax accounting methods
- Identifies client opportunities and issues having to do with tax specializations other than accounting methods
- Strategy Development
- Develops new or improved ideas and strategies to advance the position of clients, the firm or firm personnel
- Suggests marketing approaches for new client acquisition
- Other duties as required
Supervisory Responsibilities:
- Effectively supervises and reviews the day-to-day work of the STS Accounting Methods Senior Associates and Associates on assigned engagements
- Ensures the STS Accounting Methods Senior Associates, Associates, and Interns are well trained in all required areas
- Effectively evaluates the performance of the STS Accounting Methods Senior Associates and Associates and assists in the development of goals and objectives to enhance their professional development
- Delivers periodic performance feedback and completes constructive performance evaluations for the STS Accounting Methods Senior Associates, Associates, and Interns
- Acts as Career Advisor to the STS Accounting Methods Senior Associates and Associates
Qualifications, Knowledge, Skills and Abilities: Education:
- Bachelor's degree, required, with focus in accounting, tax, or finance, preferred
- Master's degree, preferred
Experience:
- Five (5) or more years of prior federal tax client service experience, required
- Prior experience supervising tax consulting professionals, required
- Prior experience with accounting methods, preferred
License/Certifications:
- Currently holds Certified Public Accountant license, Enrolled Agent certification, or Juris Doctorate degree (or the equivalent of one of these designations), required
Software:
- Proficient in the use of Microsoft Office, especially Excel and Word, preferred
- Experience with tax related software and research databases such as Caseware, GoSystems, and other comparable programs, preferred
Language:
Other Knowledge, Skills & Abilities:
- Knowledge, skills, and abilities in the tax accounting methods area commensurate with the level of experience required above
- Excellent verbal and written communication skills
- Superior analytical and research skills
- Solid organizational skills, especially ability to meet project deadlines with a focus on details
- Ability to successfully multi-task while working independently and within a group environment
- Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
- Capable of effectively managing a team of tax professionals and delegating work assignments as needed
- Ability to build and maintain strong relationships with firm and client personnel and the ability to successfully interact with professionals at all levels
- Ability to cultivate a positive team environment on engagements and contribute to the professional development of team personnel
- Executive presence and ability to act as primary contact on assigned engagements
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. National Range: $79,800 - $168,000 Maryland Range: $79,800 - $168,000 NYC/Long Island/Westchester Range: $79,800 - $168,000 Washington DC Range: $79,800 - $168,000
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