Tax Senior Manager Job in New York 10017, New York Us
As a Senior Manager on our Tax Services Team, you will apply your industry knowledge and experience as you work on clients of the Firm to advise them of tax implications of their business objectives, recommend alternate courses of action, as well as identify different methods of complying with tax regulations. You will be a critical part of the office's/region's Tax Services leadership team. You will be involved in indirect supervision, "big-picture" problem solving and delegating tax work to the assigned Team. You may be responsible for teaching, instructing and reviewing the work of those with less experience. You may be the main client contact for complex questions and information. You may provide written tax advice to clients. As a Senior Manager, you will be responsible for marketing, networking and business development within your area of experience and expertise, as well as maintaining key client relationships. Other typical responsibilities will include applying your knowledge to evaluate and select alternative actions to lessen tax burden and cost of compliance, recognize and communicate potential risks, identify potential changes in the tax policy, make top-level decisions regarding filing and preparation and handle questions from federal or state agencies.
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”).
- Conducts top level review of T/R and resolves all tax issues with client; involves specialists where appropriate
- Plans for early recognition of material tax and compliance issues and consults with the client and/or partner as appropriate
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
- Trains managers/staff on research skills and helps to appropriately frame tax issues for analysis
- Involve firm specialists, as appropriate
ASC 740-10 (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, correctly and proactively, FAS 109, FIN 48, and Firm policies, standards, and BDO TQM regarding them
- Helps others to learn and apply ASC 740-10 and Firm policies, standards, and BDO TQM regarding them
- Reviews tax provisions –applies in-depth knowledge of ASC 740-10 if applicable to practice work
- Reviews prepared workpapers
- Explains and discusses with the client components of the income tax provision and uncertain tax positions as well as other complexities surrounding ASC 740-10
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 the combination of tax knowledge and knowledge of business/industry to recommend solutions
- Maximizes client benefits, especially by decreasing client taxes, while managing risk
- Confers with STS specialists to determine applicability of STS consulting specialties to each client. Involves STS when appropriate
- Monitors implementation of work plans (client service plan) if applicable for tax consulting projects to ensure they are efficiently and effectively conducted
- Manages written or phone inquiries from federal and state agencies with little or no assistance
- Provides effective assistance with protests at the appeals level
- Implements applicable Firm strategies
- Manages client expectations
Tax Specialization
Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation, e.g., individual, corporate, property, sales, corporate, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, RD tax benefits.
- May be required to organize and conduct, or participate in conducting, effective external CPE training sessions in area of specialization, involving Firm specialists, at a minimum of once per year
- May train and mentor managers/seniors/associates on specialization areas
Strategy Development
Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits.
- Researches and implements tax strategies, including experimentation with promising new strategies and ideas
- Consistently makes suggestions as to how previous work products or approaches can be improved
- May lead marketing campaigns, if applicable to role
- Presents complex strategies to clients and prospective clients
Supervisory Responsibilities:
- Ability to supervise managers, senior and staff, as the situation dictates
- Review work prepared by associates, senior associates, and managers, and provide review comments as appropriate
- Efficiently and effectively coordinates training for Associates, Seniors, and Managers how to use all current software tools
- Act as a Career Advisor to associates, senior associates, and managers as assigned
- Schedule and manage workload of associates, senior associates, and managers
- Provide verbal and written performance reviews to associates, senior associates, and managers
- Other duties as required
- Possesses proven excellent verbal and written communication skills
- Possesses excellent people development and delegation skills, including training/instruction
- Possesses executive presence - needs to be able to be primary contact for the client, prepare and present presentations to clients and potential clients
- Possesses excellent client development/relationship-building skills
- Possesses excellent decision-making skills
- Has ability to create written tax advice
- Supervises and reviews work of others
Education:
- Four-year degree in Accounting
- Masters degree in accounting/tax – a plus, masters degree in taxation – preferred
Experience:
- 8 + years prior work experience
- Prior significant supervisory experience
- Leader/strong involvement in community
License/Certifications:
- CPA (may not be required if possesses other professional degree applicable to role)
Software:
- Has expertise in tax compliance software including GoFileRoom, GoSystemRS, Caseware, Excel, Word, BNA Depreciation Software, Adobe, etc.; and in the use of standard tax workpapers, as required for the position