SALT Senior Associate, Unclaimed Property

Full-time

No

515 S Flower St, Los Angeles, CA 90071, USA

The SALT Senior Associate, Unclaimed Property position in Los Angeles, CA is a unique role that offers the opportunity to use tax and accounting skills in a consultative capacity, with a focus on unclaimed property compliance and consulting. This position will also work with leadership to recommend alternate courses of action and identify different methods of complying with unclaimed property statutes and regulations. The role involves project management, client presentations, coordinating compliance and audit defense, and working with leadership on marketing and business development. The SALT Senior Associate will also work with Core Tax and Audit Partners to provide SALT expertise to clients.

Salary Information:

- National Range: $70,000 - $125,000
- NYC/Long Island/Westchester Range: $70,000 - $125,000

Job Title:

- SALT Senior Associate, Unclaimed Property

Experience:

- 2+ years of tax, financial statement auditing, or forensic accounting experience in a public accounting firm or in-house organization

Education:

- Bachelor's degree in Accounting, Business, Economics or Finance

License/Certifications:

- CPA certification, Attorney (admitted to practice in a . jurisdiction), or Internal Revenue Service Enrolled Agent (EA) preferred

Key Responsibilities:

- Research complex situations and analyze researched facts
- Maintain relationships with state authorities and stay updated on unclaimed property laws
- Prepare annual escheat returns and utilize software for data gathering and reporting
- Draft memorandums and opinions on escheat issues and participate in developing policy and procedures
- Represent clients in unclaimed property audits and voluntary disclosures
- Assist with identifying gift card planning opportunities and implementing them
- Work with leadership on client interviews, workplans, and consultative selling strategies
- Update CRM entries and manage client expectations
- Utilize software and maintain knowledge of various GL systems
- Supervise and train SALT Experienced Associates and Associates
- Evaluate performance and provide feedback for SALT Experienced Associates, Associates, and Interns

Qualifications:

- Bachelor's degree in Accounting, Business, Economics or Finance
- 2+ years of tax, financial statement auditing, or forensic accounting experience in a public accounting firm or in-house organization
- CPA certification, Attorney (admitted to practice in a . jurisdiction), or Internal Revenue Service Enrolled Agent (EA) preferred
- Proficient in Microsoft Office Suite, with experience in other software preferred
- Excellent communication, analytical, and organizational skills
- Ability to work independently and in a team environment under tight deadlines
- Proven leadership skills and ability to manage a team
- Strong relationship building skills and executive presence
- Advanced knowledge of tax standards and sources of relevant information
- Understanding of taxable conditions and potential tax issues for clients

About the Company:

BDO is a leading accounting and advisory organization with a global presence in over 160 countries. We are committed to helping people thrive every day and delivering exceptional and sustainable outcomes for our people, clients, and communities. As an ESOP company, we prioritize putting people first and sharing our growth with our . team. We offer a comprehensive compensation and Total Rewards benefits package, including the unique opportunity for employees to become beneficial owners of the firm through the ESOP. Our culture is centered around making meaningful connections, promoting individuality, and making a positive difference in the world. We welcome diversity and encourage our team members to reach their full potential. Join us at BDO and be a part of a team that celebrates innovation and resilience.

Equal Opportunity Employer, including disability/vets. To find out more about our company and this position, click here.

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
works with unclaimed property leadership to determines escheat planning process
participates in developing policy and procedures, addressing 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
assists up leadership with client interviews onsite visits, workplans, etc. , 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 up leadership with the development of consultative selling strategies
actively involved in relevant trade organizations and public speaking, networking events where appropriate
routinely updates crm entries
manages the expectations of assigned clients
works with up leadership to project manages multiple clients and projects simultaneously

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. jurisdiction), or internal revenue service enrolled agent (“ea”) (or the equivalent of one of these designations), preferred

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

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 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

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