Senior Manager, Accounting Methods

Job Summary:The STS Accounting Methods group helps companies optimize their federal tax accounting methods, including IRC 263(A) capitalization, depreciation accounting methods, expense acceleration and revenue deferral. STS Accounting Methods is part of BDO’s Specialized Tax Services (STS) business, which is composed of various tax consulting practices designed to help companies comply with specific areas of federal, state, and international tax law.As an STS Tax Senior Manager, Accounting Methods, you will help achieve BDO’s core purpose—Helping People Thrive Every Day—by helping both public and private companies identify federal tax benefits and correct federal tax exposures. Our clients are leaders in industries such as technology, manufacturing, healthcare, architecture/engineering services, and consumer products. As an STS Tax Senior Manager, Accounting Methods, you will have the opportunity and charge to innovate and collaborate with fellow BDO colleagues in all of our business lines, as well as with our clients’ leaders in tax, accounting, and finance, and also in their operations, software, manufacturing, and supply chain departments. The STS Tax Senior Manager, Accounting Methods pursue opportunities to enable them to gain and improve their skills in every aspect of professional service, including technical, interpersonal, verbal and written communication, project management, practice management, and business development.Job Duties:ResearchIdentifies all situations where research is necessary and conducts appropriate investigation on identified topicsConfirms accuracy of facts and sources where appropriate Prepares studies of tax implications and outlines alternative courses of action to clientsComposes effective research memos in support of projects / transactionsDevelops effective presentations for marketing and sales opportunitiesTax ComplianceEnsures clients comply with applicable authorities Identifies options for minimizing client tax and reporting burdensIdentifies “gray areas” and communicates related risks to partners Completes appropriate workpapers and tax returns formsEnsures firm risk management and tax quality control standards and protocols are metCommunicates with clients and appropriate Core Tax Services, Assurance, and Consulting personnel regarding any issuesTax ConsultingDevelops, recommends, and implements solutions to provide clients maximum tax benefitsStays informed of new legal and factual developments affecting clients’ tax accounting methods positions and identifies and communicates with partners about effective approaches to optimize these positionsIdentifies and assists in maximizing all potential tax accounting methods benefitsIdentifies process improvements regarding, e.g., the processes of identifying, documenting, and supporting STS Accounting Methods on exam and at appealsTax ControversyRepresents clients before tax authoritiesResponds effectively to inquiries from federal and state tax authorities regarding tax accounting methods issues and questionsTax SpecializationDevelops an in-depth understanding of the technical and practical issues and opportunities regarding tax accounting methods Identifies client opportunities and issues having to do with tax specializations other than accounting methodsStrategy DevelopmentDevelops new or improved ideas and strategies to advance the position of clients, the firm or firm personnelSuggests marketing approaches for new client acquisitionMarketing and Business DevelopmentExhibits thought leadership in a specialized area within Tax Accounting MethodsRecognized as industry group go-to person in Tax Accounting MethodsWork with Specialized Tax Services and Tax Accounting Methods Partners, Local Office Managing Partner and local and regional Business Development Managers to develop and execute an effective marketing planBuilds effective go-to-market strategiesIdentifies opportunities and prepares and delivers presentations to pitch service capabilities to clients and potential clientsPrepares proposals, statement of work and engagement lettersResearches a variety of tax topics related to transfer pricingWorks on teams that summarize and report on recent transfer pricing developmentsDrafts tax alerts that are used to communicate recent developments to an external audienceCreates slides for use in presentations to internal and external audiencesPrepares training materials and presents on topics of interest to internal audiencesWorks on special projects to develop the practice, create efficiencies or improve processOther duties as requiredSupervisory Responsibilities:Supervises and reviews the day-to-day work of STS Accounting Methods Senior Associates and Associates on assigned engagementsEnsures STS Accounting Methods Senior Associates, Associates, and Interns are well trained in all required areasEvaluates the performance of STS Accounting Methods Senior Associates and Associates and assists in the development of goals and objectives to enhance their professional developmentDelivers periodic performance feedback and completes constructive performance evaluations for STS Accounting Methods Senior Associates, Associates, and InternsActs as Career Advisor to STS Accounting Methods Senior Associates and AssociatesQualifications, Knowledge, Skills, and Abilities:Education:Bachelor’s degree, required; degree in Accounting, Tax, or Finance, preferredMaster’s degree, preferredJuris Doctorate (J.D.), preferredExperience:Seven (7) or more years of prior Federal tax client service experience, requiredPrior experience supervising tax consulting professionals, requiredPrior experience with accounting methods, preferredPrior experience preparing and/or reviewing tax provisions, preferredPrior experience with corporate taxation, consolidations, and partnerships, preferredLicense/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), requiredSoftware:Proficient in the use of Microsoft Office, especially Excel and Word, preferredExperience with tax related software and research databases such as Caseware, GoSystems, and other comparable programs, preferred Other Knowledge, Skills, & Abilities:Knowledge, skills, and abilities in the tax accounting methods area commensurate with the level of experience required aboveExcellent verbal and written communication skillsSuperior analytical and research skills Solid organizational skills, especially ability to meet project deadlines with a focus on detailsAbility to effectively manage a team of tax professionals and delegating work assignments as neededAbility to build and maintain strong relationships with firm and client personnel and the ability to successfully interact with professionals at all levelsAbility to cultivate a positive team environment on engagements and contribute to the professional development of team personnelExecutive presence and ability to act as primary contact on assigned engagementsIndividual 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.National Range: $99,750 - $262,500Maryland Range:  $99,750 - $262,500NYC/Long Island/Westchester Range: $99,750 - $262,500Washington DC Range: $99,750 - $262,500Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team.  BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions. We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on:Welcoming diverse perspectives and understanding the experience of our professionals and clientsEmpowering team members to explore their full potentialOur talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunitiesCelebrating ingenuity and innovation to transform our business and help our clients transform theirsFocus on resilience and sustainability to positively impact our people, clients, and communitiesBDO Total Rewards that encompass so much more than traditional “benefits.”  Click here to find out more!*Benefits may be subject to eligibility requirements.Equal Opportunity Employer, including disability/vetsClick here to find out more!Full timePosting Date: 2024-06-04