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    Tax Managing Director, National Tax Office-ASC 740 Focus - Detroit, United States - BDO

    BDO
    Default job background
    Full time
    Description

    Job Summary:

    The Tax Managing Director is responsible for applying industry specific knowledge to advice clients on the tax implications of their business objections, 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 tax issues. In this role, Tax Managing Director is charged with applying knowledge to understand potential tax issues, and recognizing, communicating potential risks and potential changes in the tax policy and making top-level decisions regarding filing, preparation and resolution of questions from federal / state agencies. In addition, the Tax Managing Director will be critical member of the office / region leadership team and thus will be involved in the direct supervision as either a final or secondary reviewer under the partner. Finally, the Tax Managing Director actively participate in the marketing, networking and business development within an area of expertise and specialization while maintaining client relationships and acting as the primary contact for complex questions.

    Job Duties:

  • Tax Compliance Ensures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual ("TQM"). Manages engagements to achieve engagement management metrics Practices hands-on client service delivery Responsible for overall client service by encouraging team's adherence to TQM policies (including engagement letters, documentation, etc)
  • Research Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis. Identifies complex issues to be researched by engagement team and provides research methodology for efficient research process Technical reviewers of WTAs in an area of expertise, as applicable to role
  • ASC FAS 109 and FIN 48) Tax Accruals Correctly and proactively applies Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding FAS 109 and FIN 48. Applies technical expertise regarding income tax provisions in the area of international tax, valuation allowance credits, business combinations, and stock based compensation issues Reviews and applies income tax provision efficiently
  • Tax Consulting Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients' current and future taxes. Applies expert knowledge of the process of combining tax knowledge and knowledge of business/industry to recommend solutions and maximize results in the Firm Applies general knowledge of multiple tax specialties (. International, SALT, Estate Planning) for issue identification and resolution
  • Tax Specialization Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation, ., individual, corporate, property, sales, corporate, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, R&D tax benefits. Has expert knowledge of application of standards Recognized as industry expert in specialized field of taxation Use expertise to advise clients on tax implications and recommend alternative courses of action and identify different methods of compliance
  • Strategy Development Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, ., by reducing taxes or expenses or providing non-tax benefits. Depending on specific role, may be required to present complex strategies to clients and prospective clients
  • Other duties as required
  • Supervisory Responsibilities:

  • Ability to supervise associates, senior associates and managers, as the situation dictates
  • Reviews work prepared by associates and senior associates and provide review comments
  • Acts as a Career Advisor to associates, senior associates and managers
  • Schedules and manages workload of associates, senior associates and managers
  • Provides verbal and written performance feedback to associates, senior associates and managers
  • Qualifications, Knowledge, Skills and Abilities:

    Education :

  • Bachelors degree required; major in Accounting, Finance, Economics or Statistics preferred
  • Masters in Accountancy or Taxation preferred
  • Experience:

  • Ten (10) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience required
  • Industry expertise in one or more tax specialty preferred
  • Prior supervisory experience required
  • License/Certifications:

  • CPA certification, Attorney (admitted to practice in a . jurisdiction), or Internal Revenue Service Enrolled Agent ("EA") (or the equivalent of one of these designations) required
  • Possession of other professional degrees or certifications applicable to role preferred
  • Software:

  • Proficient with the Microsoft Office Suite preferred
  • Experience with tax research databases and tax compliance process software preferred
  • Language :

  • N/A
  • 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
  • Capacity to work well in a team environment
  • Capable of developing and managing a team of tax professionals
  • Ability to compose written tax advice
  • Capable of effectively developing and maintaining 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: $190,000 - $335,000
    Colorado Range: $170,000 - $225,000
    NYC/Long Island/Westchester Range: $205,000 - $250,000
    Washington Range: $180,000 - $240,000


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