Tax Experienced Senior, Core Tax Services

Tax Experienced Senior, Core Tax Services

Seniority:
Mid‑Senior level
• Employment:
Full‑time
• Job Function:
Finance & Accounting / Auditing
• Industry: Accounting

Responsible for researching tax issues, applying foundational knowledge to assess potential tax problems, gathering client information for filing, participating in tax planning, identifying and communicating risks, preparing tax accrual work papers, and working with tax software to complete returns for review. Serves as main client contact and may supervise and review work of Core Tax Services Associates.

Tax Compliance

• Ensures that clients comply with all applicable authorities while minimizing their tax and reporting burdens, and that the firm’s service teams comply with all 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 and raises potential tax issues.
• Meets internal deadlines to match client expectations for timely delivery of service.
• Identifies book‑to‑tax differences.
• Manages projects by developing a budget, monitoring budget vs. actual, scheduling resources for the project, and identifying out‑of‑scope activity.

Research

• Identifies when research is needed; frames issues to be researched clearly and concisely; reports the analysis clearly and concisely.
• Applies the firm’s and professional standards for preparation of WTA and tax returns.

ASC 740 (FAS 109 & 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 work papers and discusses them with appropriate team members.
• Identifies and discusses uncertain positions with team members.
• Reviews and prepares footnote disclosures in compliance with ASC 740.
• Utilizes and manages STS.
• Drafts tax provision memorandums.
• Communicates with Assurance counterparts to timely plan tax accrual reviews.

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, correctly and in accordance with firm and office policies (by creating memorandums to the files – Tax Issues Memos) and ensures that proper documentation is archived to Go File Room .

Strategy 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.
• May be required to prepare studies of tax implications and offer clients alternative courses of action.

Supervisory Responsibilities

• Supervises and manages the day‑to‑day work assignments of Core Tax Services Associates.
• Provides verbal and written performance feedback to Core Tax Associates as necessary.
• Acts as a mentor to Core Tax Services Associates.

Education

• Bachelor’s degree in accounting, finance, economics or statistics OR bachelor’s degree in another focus area and CPA certification required (or Authorization to Test for the CPA exam, or equivalent documentation prior to start date in your state of employment).
• Master’s in accountancy or taxation, preferred.

Experience

• Three (3) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience, preferred.
• Industry expertise in one or more tax specialty, preferred.
• Prior basic supervisory experience, preferred.

License / 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),…