BDO USA, LLP
Manager, Core Tax Services - Corporate Tax/ASC 740
BDO USA, LLP, Pasadena, California, United States, 91122
Job Summary
Job Summary:
The Core Tax Services ("CTS") Manager - ASC740 is responsible for advising clients on the tax implications of their business objectives, 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 corporate tax and ASC 740 tax issues. In this role, the CTS Manager applies knowledge to understand potential tax issues and communicates potential risks and changes in tax policy.
Job Duties
Tax Compliance
Ensures both that (a) clients comply with all applicable authorities, while minimizing their tax and reporting burdens, and (b) self and client service teams comply with Firm policies, standards, and the BDO Tax Quality Manual ("TQM").
Conducts top level review of T/R and resolves all tax issues with the client; involves specialists where appropriate.
Communicates issues identified in tax accrual review with Assurance clients.
Plans and reviews the tax process and the procedures to be performed to include:
Budgeting and staffing
Monitoring engagement process and actual time incurred vs. budget with assistance of Senior
Timely billing including management of identified out-of-scope activity and communication to client
Timely collection of A/R
Manages client relationships/expectations in accordance with the project.
Provides advice to clients in a timely manner.
Research
Identifies when research is needed; frames issues to be researched; reports the analysis clearly and concisely.
Identifies complex issues to be researched by the engagement team and provides research methodology for efficient research processes.
Trains managers/staff on research skills and helps to appropriately frame ASC 740 tax issues for analysis.
Involves firm specialists, as appropriate.
ASC 740-10 (fka FAS 109 and FIN 48) Tax Accruals
Correctly and proactively applies Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding ASC 740.
Applies ASC 740-10, and Firm policies, standards, and BDO TQM; explains components of the income tax provision and uncertain tax positions to the client and other ASC 740-10 complexities.
Communicates with Assurance team to timely plan tax accrual reviews, including budget, scope and delivery dates.
Reviews tax provisions with in-depth knowledge of ASC 740.
Reviews prepared workpapers.
Utilizes and manages Specialized Tax Services (STS), as needed.
Tax Consulting
Assists with developing, recommending, and implementing efficient methods to maximize client benefits, especially by decreasing taxes.
Considers applicability of CTS and STS consulting specialties for each client.
Develops and implements a work plan to include/organize STS assistance on ongoing projects from client.
Serves as a technical resource.
Ensures client service teams comply with Firm policy regarding Written Tax Advice (WTA).
Provides effective assistance with exam support.
Frames projects and issues for effective delegation to seniors and associates.
Tax Specialization
Develops an in-depth understanding of technical and practical issues and opportunities in areas of taxation (e.g., individual, corporate, property, sales, international, expatriate, transfer pricing, credits and incentives, etc.).
May organize and conduct internal CPE training sessions in area of specialization, involving Firm specialists.
May train and mentor managers/seniors/associates on ASC 740.
Strategy Development
Introduces and develops new or improved ideas to improve client position, Firm position, or Firm personnel (e.g., by reducing taxes or expenses or providing non-tax benefits).
Suggests improvements to previous work products or approaches.
May lead marketing campaigns, if applicable to role.
Presents complex strategies to clients and prospective clients.
Collaborates with the Firm's National Tax and STS to deliver high-quality deliverables on ASC 740.
Other duties as required
Supervisory Responsibilities
Supervises Associates and Senior Associates on all projects.
Reviews work prepared by Associates and Senior Associates and provides review comments.
Trains Associates and Seniors on how to use current software tools.
Acts as a Career Advisor to Associates and Senior Associates.
Schedules and manages workload of Associates and Senior Associates.
Provides verbal and written performance feedback to Associates and Senior Associates.
Qualifications, Knowledge, Skills and Abilities Education:
Bachelors degree in Accounting or Taxation, required
Masters degree in Accounting or Taxation, preferred
Experience:
Five (5) or more years of prior experience, required
Experience in managing the process of preparing and auditing ASC740 computations for both privately held and publicly traded clients, required
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:
Experience with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat, required
Experience with tax research databases such as BNA and RIA; Proficient in GoFileRoom, GoSystem RS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers, preferred
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
Ability to work well in a team environment
Able to develop and manage a team of tax professionals
Ability to compose written tax advice
Ability to effectively develop and maintain 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: $102,300 - $150,000 Colorado Range: $115,000 - $135,000 Illinois Range: $105,000 - $130,000 Maryland Range: $113,000 - $120,000 Massachusetts Range: $120,000 - $127,000 Minnesota Range: $90,000 - $120,000 New Jersey Range: $115,000 - $140,000 NYC/Long Island/Westchester Range: $125,000 - $160,000 Washington Range: $86,000 - $115,000 Washington DC Range: $120,000 - $140,000
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The Core Tax Services ("CTS") Manager - ASC740 is responsible for advising clients on the tax implications of their business objectives, 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 corporate tax and ASC 740 tax issues. In this role, the CTS Manager applies knowledge to understand potential tax issues and communicates potential risks and changes in tax policy.
Job Duties
Tax Compliance
Ensures both that (a) clients comply with all applicable authorities, while minimizing their tax and reporting burdens, and (b) self and client service teams comply with Firm policies, standards, and the BDO Tax Quality Manual ("TQM").
Conducts top level review of T/R and resolves all tax issues with the client; involves specialists where appropriate.
Communicates issues identified in tax accrual review with Assurance clients.
Plans and reviews the tax process and the procedures to be performed to include:
Budgeting and staffing
Monitoring engagement process and actual time incurred vs. budget with assistance of Senior
Timely billing including management of identified out-of-scope activity and communication to client
Timely collection of A/R
Manages client relationships/expectations in accordance with the project.
Provides advice to clients in a timely manner.
Research
Identifies when research is needed; frames issues to be researched; reports the analysis clearly and concisely.
Identifies complex issues to be researched by the engagement team and provides research methodology for efficient research processes.
Trains managers/staff on research skills and helps to appropriately frame ASC 740 tax issues for analysis.
Involves firm specialists, as appropriate.
ASC 740-10 (fka FAS 109 and FIN 48) Tax Accruals
Correctly and proactively applies Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding ASC 740.
Applies ASC 740-10, and Firm policies, standards, and BDO TQM; explains components of the income tax provision and uncertain tax positions to the client and other ASC 740-10 complexities.
Communicates with Assurance team to timely plan tax accrual reviews, including budget, scope and delivery dates.
Reviews tax provisions with in-depth knowledge of ASC 740.
Reviews prepared workpapers.
Utilizes and manages Specialized Tax Services (STS), as needed.
Tax Consulting
Assists with developing, recommending, and implementing efficient methods to maximize client benefits, especially by decreasing taxes.
Considers applicability of CTS and STS consulting specialties for each client.
Develops and implements a work plan to include/organize STS assistance on ongoing projects from client.
Serves as a technical resource.
Ensures client service teams comply with Firm policy regarding Written Tax Advice (WTA).
Provides effective assistance with exam support.
Frames projects and issues for effective delegation to seniors and associates.
Tax Specialization
Develops an in-depth understanding of technical and practical issues and opportunities in areas of taxation (e.g., individual, corporate, property, sales, international, expatriate, transfer pricing, credits and incentives, etc.).
May organize and conduct internal CPE training sessions in area of specialization, involving Firm specialists.
May train and mentor managers/seniors/associates on ASC 740.
Strategy Development
Introduces and develops new or improved ideas to improve client position, Firm position, or Firm personnel (e.g., by reducing taxes or expenses or providing non-tax benefits).
Suggests improvements to previous work products or approaches.
May lead marketing campaigns, if applicable to role.
Presents complex strategies to clients and prospective clients.
Collaborates with the Firm's National Tax and STS to deliver high-quality deliverables on ASC 740.
Other duties as required
Supervisory Responsibilities
Supervises Associates and Senior Associates on all projects.
Reviews work prepared by Associates and Senior Associates and provides review comments.
Trains Associates and Seniors on how to use current software tools.
Acts as a Career Advisor to Associates and Senior Associates.
Schedules and manages workload of Associates and Senior Associates.
Provides verbal and written performance feedback to Associates and Senior Associates.
Qualifications, Knowledge, Skills and Abilities Education:
Bachelors degree in Accounting or Taxation, required
Masters degree in Accounting or Taxation, preferred
Experience:
Five (5) or more years of prior experience, required
Experience in managing the process of preparing and auditing ASC740 computations for both privately held and publicly traded clients, required
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:
Experience with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat, required
Experience with tax research databases such as BNA and RIA; Proficient in GoFileRoom, GoSystem RS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers, preferred
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
Ability to work well in a team environment
Able to develop and manage a team of tax professionals
Ability to compose written tax advice
Ability to effectively develop and maintain 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: $102,300 - $150,000 Colorado Range: $115,000 - $135,000 Illinois Range: $105,000 - $130,000 Maryland Range: $113,000 - $120,000 Massachusetts Range: $120,000 - $127,000 Minnesota Range: $90,000 - $120,000 New Jersey Range: $115,000 - $140,000 NYC/Long Island/Westchester Range: $125,000 - $160,000 Washington Range: $86,000 - $115,000 Washington DC Range: $120,000 - $140,000
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