Financial Services Tax Experienced Manager, State and Local Tax

Financial Services Tax Experienced Manager, State and Local Tax Job Description

Job Summary:

A Tax Experienced Manager, State and Local Tax is responsible for advising clients on the tax implications relating to their business objectives, recommending alternate courses of action, and identifying different methods of complying with tax regulations. In this role, the SALT Experienced Manager will be charged with marketing, networking and business development within his/her area of experience and specialization, and recognizing potential changes in tax policy and applying new policies to tax compliance.

In addition, the SALT Experienced Manager will work with Core Tax Partners, Directors, and Senior Managers to provide SALT expertise to their clients.

Job Duties:

• Research
  • Identifies complex situations when research is necessary, providing an outline of the issue(s) and the appropriate source of research to be conducted
  • Analyzes researched facts and the sources utilized prior to composing a detailed report of the research findings
  • Develops relationships with in-state and out-of-state Department of Tax (Use the "Apply for this Job" box below). of Revenue (DOR) personnel
• Tax Compliance
  • Conducts detailed reviews of tax returns with the ability to identify most significant state tax issues
  • Composes responses to notices from state taxing authorities
  • Provides assistance with exam support
• Tax Consulting
  • Drafts tax memorandums, tax opinions, and other documentation on various tax issues
  • Applies all applicable state tax consulting sub‑specialties and confers with other tax professionals when appropriate
  • Determines tax planning process
  • Ensures tax engagement letters are adopted prior to engagement work commencing and manages engagements
  • Assists in the development of consultative selling strategies
  • Manages the expectations of assigned clients
• Tax Controversy
  • Represents clients before any tax authority on contested issues
• Tax Related Software
  • Utilizes GoSystems, tax research databases and other tax‑related software in the completion of assigned tasks
• Provides technical client service to multi‑state companies with state and local tax issues
• Conducts negotiation of settlements, voluntary disclosure agreements and state tax audit representation
• Drafts technical memoranda regarding state and local tax issues
• Accounting for Income Taxes – SFAS
  109
  • Prepares tax accrual work papers
• ASC
  740‑10
  • Understands and applies industry standards, along with firm policies and BDO Tax Quality Manual requirements as they relate to FAS 109 and FIN
    48, as well as FAS5 for sales tax and unclaimed properties
• Reviews studies of tax implications to identify alternative courses of action to benefit clients
• Develops new or improved ideas to advance the position of clients, the firm or firm personnel through reduction in taxes or expenses or offering of non‑tax benefits
• Assists with researching potential tax strategies
• Suggests marketing approaches for new client acquisition
• Other duties as required

Supervisory Responsibilities:

• Supervises the day‑to‑day workload of SALT Managers, Senior Associates and Associates on assigned engagements and reviews work product
• Ensures SALT Managers, Senior Associates, Associates and Interns are trained on all relevant tax software
• Evaluates the performance of SALT Managers, Senior Associates and Associates and assists in the development of goals and objectives to enhance professional development
• Delivers periodic performance feedback and completes performance evaluations for SALT Managers, Senior Associates, Associates and Interns
• Acts as Career Advisor to SALT Senior Associates and Associates, as appropriate

Qualifications,

Knowledge, Skills and Abilities:

Education
:

• Masters degree in Accounting/Taxation or J.D., preferred

Experience
:

• Six (6) or more years of prior experience in state and local/multistate experience, required
• Experience supervising tax professionals on a project or engagement basis, required
• Experience preparing and/or reviewing tax provisions, preferred
• Experience with corporate taxation, consolidations and partnerships, preferred

License/Certifications
:

• CPA certification or other relevant certification, preferred

Software
:

• Proficient in the use of Microsoft…