BDO
Tax Managing Director, Core Tax Services
BDO, Seattle, Washington, us, 98127
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 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 Duties:
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 740-10 (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 one or more areas of taxation, e.g., individual, corporate, property, sales, corporate, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, R&D tax benefits.
Has expert knowledge of application of standards
Recognized as industry expert in specialized field of taxation
Uses expertise to advise clients on tax implications and recommend alternative courses of action and identify different methods of compliance
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.
Depending on specific role, may be required to present complex strategies to clients and prospective clients
Other duties as required
Supervisory Responsibilities:
Ability to supervise associates, senior associates, and managers, as the situation dictates
Reviews work prepared by associates and senior associates and provides review comments
Acts as a Career Advisor to associates, senior associates, and managers
Schedules and manages workload of associates, senior associates, and managers
Provides verbal and written performance feedback to associates, senior associates, and managers
Qualifications, Knowledge, Skills and Abilities:
Education
:
Bachelor's degree required; major in Accounting, Finance, Economics, or Statistics preferred
Master's in Accountancy or Taxation preferred
Experience:
Ten (10) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience required
Industry expertise in one or more tax specialty preferred
Prior supervisory experience required
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
Possession of other professional degrees or certifications applicable to role preferred
Software:
Proficient with the Microsoft Office Suite preferred
Experience with tax research databases and tax compliance process software preferred
Language
:
N/A
Other Knowledge, Skills & Abilities:
Superior verbal and written communication skills
Ability to effectively delegate work as needed
Strong analytical, research, and critical thinking skills as well as decision-making skills
Capacity to work well in a team environment
Capable of developing and managing a team of tax professionals
Ability to compose written tax advice
Capable of effectively developing and maintaining client relationships
Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients
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.
California Range: $190,000 - $335,000Colorado Range: $185,000 - $225,000Illinois Range: $175,000 - $250,000Maryland Range: $190,000 - $260,000Minnesota Range: $170,000 - $250,000NYC/Long Island/Westchester Range: $205,000 - $250,000Washington Range: $196,400 - $249,400Washington DC Range: $205,000 - $300,000
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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 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 Duties:
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 740-10 (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 one or more areas of taxation, e.g., individual, corporate, property, sales, corporate, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, R&D tax benefits.
Has expert knowledge of application of standards
Recognized as industry expert in specialized field of taxation
Uses expertise to advise clients on tax implications and recommend alternative courses of action and identify different methods of compliance
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.
Depending on specific role, may be required to present complex strategies to clients and prospective clients
Other duties as required
Supervisory Responsibilities:
Ability to supervise associates, senior associates, and managers, as the situation dictates
Reviews work prepared by associates and senior associates and provides review comments
Acts as a Career Advisor to associates, senior associates, and managers
Schedules and manages workload of associates, senior associates, and managers
Provides verbal and written performance feedback to associates, senior associates, and managers
Qualifications, Knowledge, Skills and Abilities:
Education
:
Bachelor's degree required; major in Accounting, Finance, Economics, or Statistics preferred
Master's in Accountancy or Taxation preferred
Experience:
Ten (10) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience required
Industry expertise in one or more tax specialty preferred
Prior supervisory experience required
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
Possession of other professional degrees or certifications applicable to role preferred
Software:
Proficient with the Microsoft Office Suite preferred
Experience with tax research databases and tax compliance process software preferred
Language
:
N/A
Other Knowledge, Skills & Abilities:
Superior verbal and written communication skills
Ability to effectively delegate work as needed
Strong analytical, research, and critical thinking skills as well as decision-making skills
Capacity to work well in a team environment
Capable of developing and managing a team of tax professionals
Ability to compose written tax advice
Capable of effectively developing and maintaining client relationships
Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients
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.
California Range: $190,000 - $335,000Colorado Range: $185,000 - $225,000Illinois Range: $175,000 - $250,000Maryland Range: $190,000 - $260,000Minnesota Range: $170,000 - $250,000NYC/Long Island/Westchester Range: $205,000 - $250,000Washington Range: $196,400 - $249,400Washington DC Range: $205,000 - $300,000
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