Tax Managing Director, ASC

Overview

The Tax Managing Director is responsible for applying industry specific knowledge to advise clients on the tax implications of their business objections, 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 Tax Managing Director is charged with applying knowledge to understand potential tax issues, recognizing and communicating potential risks and potential changes in tax policy, and making top-level decisions regarding filing, preparation and resolution of questions from federal/state agencies.

The Tax Managing Director will be a critical member of the office/region leadership team and will be involved in direct supervision as either a final or secondary reviewer under the partner. Finally, the Tax Managing Director actively participates in marketing, networking and business development within an area of expertise and specialization while maintaining client relationships and acting as the primary contact for complex questions.

Job Summary

The Tax Managing Director is responsible for applying industry specific knowledge to advise clients on the tax implications of their business objections, 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 Tax Managing Director is charged with applying knowledge to understand potential tax issues, recognizing, communicating potential risks and potential changes in the tax policy and making top-level decisions regarding filing, preparation and resolution of questions from federal/state agencies.

In addition, the Tax Managing Director will be a critical member of the office/region leadership team and thus will be involved in the direct supervision as either a final or secondary reviewer under the partner. Finally, the Tax Managing Director actively participates in the marketing, networking and business development within an area of expertise and specialization while maintaining client relationships and acting as the primary contact for complex questions.

• 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).
  • Manages engagements to achieve engagement management metrics
  • Practices hands-on client service delivery
  • Responsible for overall client service by encouraging team’s adherence to TQM policies (including engagement letters, documentation, etc.)
• Research
  • Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis.
  • Identifies complex issues to be researched by engagement team and provides research methodology for efficient research process
  • Technical reviewers of WTAs in an area of expertise, as applicable to role
• ASC 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 technical expertise regarding income tax provisions in the area of international tax, valuation allowance credits, business combinations, and stock based compensation issues
  • Reviews and applies income tax provision efficiently
• Tax Consulting
  • Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes.
  • Applies expert knowledge of the process of combining tax knowledge and knowledge of business/industry to recommend solutions and maximize results in the Firm
  • Applies general knowledge of multiple tax specialties (i.e. International, SALT, Estate Planning) for issue identification and resolution
• Tax Specialization
  • Develops an in-depth understanding of the technical and practical issues and opportunities regarding…