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Tax Senior Manager, State and Local Tax - Credits & Incentives

Tax Senior Manager, State and Local Tax - Credits & Incentives

BDO USAMinneapolis, MN, US
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Overview

The Credits & Incentives SALT Senior Manager is responsible for advising clients of the credit & incentive opportunities relating to their business objectives, recommending alternate courses of action, as well as identifying different methods of complying with credits & incentives statutes and regulations. In this role, the Senior Manager will be charged with marketing, networking and business development within their area of experience and specialization and recognizing potential changes in credit & incentives policy. In addition, the Credits & Incentives SALT Senior Manager will work with the Core Tax Partners, and Directors to provide credits & incentives expertise to their clients.

Responsibilities

  • Research :

Identifies complex credits & incentives 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 or preparing a credits & incentives opportunities matrix of the research findings
  • Develops relationships with in-state and out of state Department of Tax (DOT) / Department of Revenue (DOR) and Economic Development personnel
  • Tax Compliance :
  • Conducts detailed reviews of income tax returns with the ability to identify most significant statutory credit opportunities

  • Evaluates client’s current compliance processes and provide customized and automated solutions for companies to comply with their annual credits & incentives reporting
  • Tax Consulting :
  • Drafts credits & incentives memorandums, and other documentation on various credits & incentives issues

  • Conducts review of client operations to determine in which jurisdictions credits & incentives opportunities may exist
  • Applies all applicable state tax consulting sub-specialties and confers with other STS professionals when appropriate
  • Ensures tax engagement letters are adopted prior to engagement work commencing and manages engagements
  • Assists in the development of consultative credits & incentives strategies
  • Manages the expectations of assigned clients
  • Tax Controversy :
  • Drafts responses to notices from state taxing authorities

  • Represents clients before any tax authority on credits & incentives issues
  • Provides assistance with exam support
  • Tax Related Software :
  • Utilizes credits & incentives research databases and other credits & incentives related software in the completion of assigned tasks

  • Tax Specialization :
  • Provides technical client service to multi-state companies on credits & incentives matters

  • Conducts negotiation on credits & incentives matters
  • Drafts technical memoranda regarding credits & incentives issues
  • Strategy Development :
  • Reviews studies of credits & incentives opportunities to identify alternative courses of actions to benefits clients

  • Develops new or improved ideas to advance the position of clients in maximizing credits & incentives awards
  • Assist with researching credits & incentives strategies
  • Suggets marketing approaches for new client acquisition
  • Other duties as required
  • Supervisory Responsibilities

  • Supervises the day-to-day workload of STS SALT Senior Associates and Associates on assigned engagements and reviews work product
  • Ensures STS SALT Senior Associates, Associates and Interns are trained on all relevant tax software
  • Evaluates the performance of STS 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 STS SALT Managers, Senior Associates, Associates and Interns
  • Acts as Career Advisor to STS SALT Senior Associates and Associates, as appropriate
  • Education

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

  • Eight (8) or more years of prior experience in state and local / multistate experience required in the credits & incentives area, required
  • Prior experience supervising tax professionals on a project or engagement basis, required
  • Prior experience preparing and / or reviewing tax provisions, preferred
  • License / Certifications

  • CPA certification or other relevant certification, required
  • Software

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

    N / A

    Other Knowledge, Skills & 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 credits & incentives services
  • Advanced knowledge of sources of relevant information utilized in credits & incentives filings
  • Advanced knowledge and understanding of cause / effect for taxable conditions on clients and the potential credits & incentives opportunities
  • Compensation

    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 : $99,750 - $262,500; Maryland Range : $99,750 - $262,500; NYC / Long Island / Westchester Range : $99,750 - $262,500; Washington DC Range : $99,750 - $262,500

    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. 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. 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
  • BDO Total Rewards that encompass so much more than traditional “benefits.”
  • Benefits may be subject to eligibility requirements.
  • Equality statement : Equal Opportunity Employer, including disability / vets
  • All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
  • Equal Opportunity

    BDO USA, P.A. is an EO employer M / F / Veteran / Disability

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