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Income Franchise Tax Senior Manager, State and Local Tax

BDO USA, LLP
New York, NY
$95K-$250K a year
Full-time

Job Description

Job Summary :

A STS Tax Experienced Manager, State and Local Taxation is responsible for advising clients of the tax implications relating to their business objectives, recommending alternate courses of action, as well as identifying different methods of complying with tax regulations.

In this role, the STS SALT Senior Manager will be charged with marketing, networking and business development within his / her area of experience and specialization and recognizing potential changes in tax policy and applying new policies to tax compliance.

In addition, the STS SALT Senior Manager will work with the Core Tax Partners, Directors, and Senior Managers to provide SALT expertise to their clients.

Job Duties :
  • Research
  • 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
  • Tax Compliance
  • Conducts detailed reviews of tax returns with the ability to identify most significant state tax issues
  • Composes responses to notices from state taxing authorities
  • Provides assistance with exam support
  • Tax Consulting
  • Drafts tax memorandums, tax opinions and other documentation on various tax issues
  • Applies all applicable state tax consulting sub-specialties and confers with other STS professionals when appropriate
  • Determines tax planning process
  • Ensures tax engagement letters are adopted prior to engagement work commencing and manages engagements
  • Assists in the development of consultative selling strategies
  • Manages the expectations of assigned clients
  • Tax Controversy
  • Represents clients before any tax authority on contested issues
  • Tax Related Software
  • Utilizes GoSystems, tax research databases and other tax-related software in the completion of assigned tasks
  • Tax Specialization
  • Provides technical client service to multi-state companies with state and local tax issues
  • Conducts negotiation of settlements, voluntary disclosure agreements and state tax audit representation
  • Drafts technical memoranda regarding state and local tax issues
  • Accounting for Income Taxes - SFAS109
  • Prepares tax accrual workpapers
  • ASC740-10
  • Understands and applies industry standards, along with firm policies and BDO Tax Quality Manual requirements as they relate to FAS 109 and FIN48, as well as FAS5 for sales tax and unclaimed properties
  • Strategy Development
  • Reviews studies of tax implications to identify alternative courses of actions to benefits clients
  • Develops new or improved ideas to advance the position of clients, the firm or firm personnel through reduction in taxes or expenses or offering of non-tax benefits
  • Assist with researching potential tax strategies
  • Suggests marketing approaches for new client acquisition
  • Other duties as required
  • Supervisory Responsibilities :
  • Supervises the day-to-day workload of STS SALT Managers, Senior Associates, and Associates on assigned engagements and reviews work product
  • Ensures STS SALT Managers, Senior Associates, Associates and Interns are trained on all relevant tax software
  • Evaluates the performance of STS SALT Managers, 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 STS SALT Managers, Senior Associates, Associates and Interns
  • Acts as Career Advisor to STS SALT Managers, Senior Associates, and Associates, as appropriate
  • Other duties as required
  • Qualifications, Knowledge, Skills and Abilities :

    Education :

    • Bachelors degree in Accounting or other relevant field required
    • Masters degree in Accounting / Taxation or J.D. preferred

    Experience :

    • Eight + years of prior experience in state and local / multistate experience required
    • Prior experience supervising tax professionals on a project or engagement basis required
    • Prior experience preparing and / or reviewing tax provisions preferred
    • Prior experience with corporate taxation, consolidations and partnerships preferred

    License / Certifications :

    CPA certification or other relevant certification preferred

    Software :

    • Proficient in the use of Microsoft Office Suite, specifically Excel and Word preferred
    • Exposure to and familiarity with standard tax applications and research tools preferred
    • Language :
    • N / A
    • N / A

    Other Knowledge, Skills & Abilities :

    • Excellent oral 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

    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.

    Range : $95,000 - $250,000

    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 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 clients
    • Empowering team members to explore their full potential
    • Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities
    • Celebrating ingenuity and innovation to transform our business and help our clients transform theirs
    • Focus on resilience and sustainability to positively impact our people, clients, and communities
    • Benefits may be subject to eligibility requirements.

    Click here to find out more!

    30+ days ago
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