BDO USA
Tax Manager, State and Local Tax - Unclaimed Property
BDO USA, San Jose, California, United States, 95199
Tax Manager, State and Local Tax - Unclaimed Property
Join to apply for the
Tax Manager, State and Local Tax - Unclaimed Property
role at
BDO USA
The Tax Manager, State and Local Tax - Unclaimed Property, is responsible for advising clients of the tax implications and other accounting related matters that affect their business objectives, with an emphasis on unclaimed property compliance and consulting. This is a very unique role that will allow a chosen professional to use their tax and/or accounting skills (e.g., project management, reconciliation skills, financial auditing skills, accounting skills, problem solving skills, internal controls, process/system enhancement etc.) in a consultative capacity where sporadic data sets are obtained, analyzed and modeled. The SALT Manager, Unclaimed Property, will recommend alternate courses of action, as well as identify different methods of complying with unclaimed property statutes and regulations. In this role, the person will be charged with project management, presentations to clients and states, coordinating compliance, audit defense and VDAs and other consulting engagements, managing client expectations and deliverables, marketing, networking and business development, and recognizing potential changes in unclaimed property policy and applying new policies to compliance and consulting engagements. In addition, the SALT Manager, Unclaimed Property, will work with the Core Tax and Audit 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 (DOT)/Department of Revenue (DOR) personnel, Department of Treasury, etc.
Routinely keeps abreast of latest relevant unclaimed property statutory, regulatory and case law changes
Unclaimed Property Compliance:
Obtains and manipulates data from client to use in preparation of annual escheat returns
Uses FSI Track, BDO Global Portal and other systems for data gathering
Imports data into FSI Track and prepares returns
Identifies appropriate B2B and other exemptions/deferrals
Performs reconciliations on data gathered to data reported
Composes responses to notices from state authorities
Assists with due diligence letter processing
Assists with client payment processing
Provides assistance with exam support
Communicates routinely with clients and UP team members
Unclaimed Property Consulting:
Drafts memorandums, opinions and other documentation on various escheat issues
Determines escheat planning process
Develops policy and procedures, address internal controls
Represents clients on unclaimed property audits, mitigating exposures and assisting with best practices
Represents clients on voluntary disclosures mitigating exposures and assisting with best practices
Assists with identifying gift card planning opportunities and implementation
Conducts client interviews, onsite visits, workplans, etc.
Reviews general ledger detail, banking records, and other relevant source data for escheat items
Prepares and reviews scheduling decks of sporadic data into Unclaimed Property templates for analysis
Assists clients with remediation procedures (e.g., showing transactions are not owed)
Develops exposure quantification models to calculate escheat exposures
Assists with client refund review process
Applies all applicable state tax consulting sub-specialties and confers with other STS professionals when appropriate
Ensures escheat engagement letters are adopted prior to engagement work commencing and manages engagements
Assists in the development of consultative selling strategies
Responsible for achieving/assisting with securing a $250k - $350k+ annual business development goal
Responsible for achieving 3-5 annual new business leads
Routinely updates CRM entries
Actively involved in relevant trade organizations and public speaking, networking events
Manages the expectations of assigned clients
Oversees and project manages multiple clients and projects simultaneously
Unclaimed Property Controversy:
Represents clients before any tax authority on contested issues
Unclaimed Property Related Software:
Utilizes FSI track, tax research databases and other tax-related software in the completion of assigned tasks
Maintains working knowledge of various GL systems (SAP, Oracle, JD Edwards, AS/400, Epicor, etc.)
Participates in learning and executing technology enhancements for unclaimed property group
Other duties as required
Supervisory Responsibilities
Supervises the day-to-day workload of SALT Senior Associates and Associates on assigned engagements and reviews work product
Ensures SALT Senior Associates, Associates and Interns are trained on all relevant software
Evaluates the performance of SALT, 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 Senior Associates, Associates and Interns
Acts as Career Advisor to SALT Senior Associates and Associates, as appropriate
Education
Bachelor's degree, required; focus in Accounting, preferred
Qualifications, Knowledge, Skills and Abilities
Excellent verbal and written communication skills
Superior analytical and research skills
Solid organizational skills especially ability to meet project deadlines with a focus on details
Ability to successfully multi-task while working independently or within a group environment
Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
Capable of effective managing a team of tax professionals and delegating work assignments as needed
Capacity to build and maintain strong relationships with internal and client personnel
Ability to encourage team environment on engagements and contribute to the professional development of assigned personnel
Executive presence and ability to act as primary contact on assigned engagements
Ability to successfully interact with professionals at all levels
Advanced knowledge of appropriate application of tax standards to ensure effective and efficient delivery of tax services
Advanced knowledge of sources of relevant information utilized in tax filings
Advanced knowledge and understanding of cause/effect for taxable conditions on clients and the potential tax issues
Experience
Five (5) or more years of prior experience in tax, financial statement auditing, internal auditing or forensic accounting in a public accounting firm or in-house organization required
Prior supervisory experience, required
License/Certifications
CPA certification - 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
Proficient in the use of Microsoft Office Suite, specifically Excel and Word, required
Experience with Power BI, Alteryx, and other software, preferred
Language
N/A
Salary & Benefits 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.
National Range: $79,800 - $168,000
Maryland Range: $79,800 - $168,000
NYC/Long Island/Westchester Range: $79,800 - $168,000
Washington DC Range: $79,800 - $168,000
About Us Join 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 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 active engagement and global outreach.
Equal Opportunity Employer Statement All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
\"BDO USA, P.A. is an EO employer M/F/Veteran/Disability\"
#J-18808-Ljbffr
Tax Manager, State and Local Tax - Unclaimed Property
role at
BDO USA
The Tax Manager, State and Local Tax - Unclaimed Property, is responsible for advising clients of the tax implications and other accounting related matters that affect their business objectives, with an emphasis on unclaimed property compliance and consulting. This is a very unique role that will allow a chosen professional to use their tax and/or accounting skills (e.g., project management, reconciliation skills, financial auditing skills, accounting skills, problem solving skills, internal controls, process/system enhancement etc.) in a consultative capacity where sporadic data sets are obtained, analyzed and modeled. The SALT Manager, Unclaimed Property, will recommend alternate courses of action, as well as identify different methods of complying with unclaimed property statutes and regulations. In this role, the person will be charged with project management, presentations to clients and states, coordinating compliance, audit defense and VDAs and other consulting engagements, managing client expectations and deliverables, marketing, networking and business development, and recognizing potential changes in unclaimed property policy and applying new policies to compliance and consulting engagements. In addition, the SALT Manager, Unclaimed Property, will work with the Core Tax and Audit 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 (DOT)/Department of Revenue (DOR) personnel, Department of Treasury, etc.
Routinely keeps abreast of latest relevant unclaimed property statutory, regulatory and case law changes
Unclaimed Property Compliance:
Obtains and manipulates data from client to use in preparation of annual escheat returns
Uses FSI Track, BDO Global Portal and other systems for data gathering
Imports data into FSI Track and prepares returns
Identifies appropriate B2B and other exemptions/deferrals
Performs reconciliations on data gathered to data reported
Composes responses to notices from state authorities
Assists with due diligence letter processing
Assists with client payment processing
Provides assistance with exam support
Communicates routinely with clients and UP team members
Unclaimed Property Consulting:
Drafts memorandums, opinions and other documentation on various escheat issues
Determines escheat planning process
Develops policy and procedures, address internal controls
Represents clients on unclaimed property audits, mitigating exposures and assisting with best practices
Represents clients on voluntary disclosures mitigating exposures and assisting with best practices
Assists with identifying gift card planning opportunities and implementation
Conducts client interviews, onsite visits, workplans, etc.
Reviews general ledger detail, banking records, and other relevant source data for escheat items
Prepares and reviews scheduling decks of sporadic data into Unclaimed Property templates for analysis
Assists clients with remediation procedures (e.g., showing transactions are not owed)
Develops exposure quantification models to calculate escheat exposures
Assists with client refund review process
Applies all applicable state tax consulting sub-specialties and confers with other STS professionals when appropriate
Ensures escheat engagement letters are adopted prior to engagement work commencing and manages engagements
Assists in the development of consultative selling strategies
Responsible for achieving/assisting with securing a $250k - $350k+ annual business development goal
Responsible for achieving 3-5 annual new business leads
Routinely updates CRM entries
Actively involved in relevant trade organizations and public speaking, networking events
Manages the expectations of assigned clients
Oversees and project manages multiple clients and projects simultaneously
Unclaimed Property Controversy:
Represents clients before any tax authority on contested issues
Unclaimed Property Related Software:
Utilizes FSI track, tax research databases and other tax-related software in the completion of assigned tasks
Maintains working knowledge of various GL systems (SAP, Oracle, JD Edwards, AS/400, Epicor, etc.)
Participates in learning and executing technology enhancements for unclaimed property group
Other duties as required
Supervisory Responsibilities
Supervises the day-to-day workload of SALT Senior Associates and Associates on assigned engagements and reviews work product
Ensures SALT Senior Associates, Associates and Interns are trained on all relevant software
Evaluates the performance of SALT, 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 Senior Associates, Associates and Interns
Acts as Career Advisor to SALT Senior Associates and Associates, as appropriate
Education
Bachelor's degree, required; focus in Accounting, preferred
Qualifications, Knowledge, Skills and Abilities
Excellent verbal and written communication skills
Superior analytical and research skills
Solid organizational skills especially ability to meet project deadlines with a focus on details
Ability to successfully multi-task while working independently or within a group environment
Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
Capable of effective managing a team of tax professionals and delegating work assignments as needed
Capacity to build and maintain strong relationships with internal and client personnel
Ability to encourage team environment on engagements and contribute to the professional development of assigned personnel
Executive presence and ability to act as primary contact on assigned engagements
Ability to successfully interact with professionals at all levels
Advanced knowledge of appropriate application of tax standards to ensure effective and efficient delivery of tax services
Advanced knowledge of sources of relevant information utilized in tax filings
Advanced knowledge and understanding of cause/effect for taxable conditions on clients and the potential tax issues
Experience
Five (5) or more years of prior experience in tax, financial statement auditing, internal auditing or forensic accounting in a public accounting firm or in-house organization required
Prior supervisory experience, required
License/Certifications
CPA certification - 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
Proficient in the use of Microsoft Office Suite, specifically Excel and Word, required
Experience with Power BI, Alteryx, and other software, preferred
Language
N/A
Salary & Benefits 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.
National Range: $79,800 - $168,000
Maryland Range: $79,800 - $168,000
NYC/Long Island/Westchester Range: $79,800 - $168,000
Washington DC Range: $79,800 - $168,000
About Us Join 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 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 active engagement and global outreach.
Equal Opportunity Employer Statement All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
\"BDO USA, P.A. is an EO employer M/F/Veteran/Disability\"
#J-18808-Ljbffr