Tax Managing Director, ASC

Position: Tax Managing Director, ASC 740
Job-:
Generalist

Location:

Philadelphia, PA, United States;
Wilmington, DE, United States;
Woodbridge, NJ, United States

Schedule:

Full time Posted:
Closes:

Job Summary:

The ASC 740 Managing Director is responsible for leading the delivery of income tax accounting and reporting services in accordance with ASC 740 for a diverse client base, overseeing complex tax provision engagements, providing technical guidance on income tax accounting matters, and ensuring compliance with relevant standards while acting as a primary client contact for complex ASC 740 matters. In this role, the Managing Director is charged with developing and maintaining client relationships, managing engagement teams, and contributing to business development initiatives.

In addition, the Managing Director is responsible for mentoring staff, driving process improvements, ensuring quality standards are met, and collaborating with firm leadership to advance the ASC 740 practice. The Managing Director stays current on regulatory changes and industry trends to provide clients with proactive, value-added insights.

Job Duties:

Oversees the preparation and review of income tax provisions in accordance with ASC 740 for public and/or private clients

Provides technical guidance on complex tax accounting issues, including uncertain tax positions, valuation allowances, and deferred tax assets/liabilities

Leads and manages multiple client engagements, ensuring quality, timeliness, and compliance with professional standards

Develops and maintains strong client relationships, serving as a primary point of contact for ASC 740 matters

Supports business development efforts, including proposal development and client presentations

Mentors, trains, and evaluates staff and senior team members within the ASC 740 department

Collaborates with other service lines and firm leadership to deliver integrated solutions to clients

Monitors regulatory and industry developments related to income tax accounting and communicates relevant updates to clients and internal teams

Drives process improvements and implements best practices within the ASC 740 practice

Other duties as required

Qualifications,

Knowledge, Skills and Abilities:

Education:

Bachelors degree required; major in Accounting, Finance, Economics or Statistics preferred

Masters degree in Accounting or Taxation preferred

Experience:

Ten (10) or more years of experience in income tax accounting and reporting under ASC 740, required

Experience in managing the process of preparing and auditing ASC
740 computations for both privately held and/or publicly traded clients, required Prior 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 the equivalent of one of these designations), required

Software:

Proficiency in Microsoft Office Suite, required

Experience with tax provision software (such as One Source Tax Provision), preferred

Experience with tax research databases such as BNA and RIA Proficient in all tax compliance process software including Go File Room , GoSystemRS, Caseware, BNA Depreciation Software, or comparable programs and standard tax work papers, preferred

Language:

N/AOther Knowledge, Skills & Abilities:

Advanced knowledge of ASC 740 and related tax accounting standards

Strong analytical, problem-solving, and research skills

Superior written and verbal communication skills

Ability to manage multiple priorities and deadlines in a fast-paced environment

Strong leadership and able to develop and manage a team of tax professionals

Ability to effectively delegate work as needed

Ability to compose written tax advice

Demonstrated business development…