SALT Senior Associate, Unclaimed Property

Full-time

No

Los Angeles, CA, United States
Job Type Experienced
Job Level Senior Associate

BDO is a leading accounting and advisory firm with a unique opportunity for a Tax Senior, State and Local Tax - Unclaimed Property, in Los Angeles, CA. This role offers flexibility, opportunities for advancement, and a chance to make a positive impact in the world. As a Tax Senior, you will use your industry knowledge and experience to advise clients on tax implications and other accounting matters related to unclaimed property. You will also work with leadership to recommend alternate courses of action and identify different methods of complying with unclaimed property statutes and regulations. Additionally, you will have the chance to participate in presentations to clients and states, coordinate compliance, manage client expectations and deliverables, and work on marketing, networking, and business development.

Salary Information:
- National range: $70,000 - $125,000
- NYC/Long Island/Westchester range: $70,000 - $125,000

Job Title:
- Tax Senior, State and Local Tax - Unclaimed Property

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

Duties and Responsibilities:

- Research complex situations and conduct thorough research to provide clients with accurate information and advice
- Keep up-to-date with relevant unclaimed property laws and regulations
- Gather and manipulate data from clients to prepare annual escheat returns
- Use various software systems for data gathering and reporting
- Identify exemptions and deferrals, perform reconciliations, and respond to state authority notices
- Assist with due diligence letter processing and client payment processing
- Provide support during unclaimed property exams and assist with client refunds
- Draft memorandums and opinions on escheat issues and participate in developing policies and procedures
- Represent clients during unclaimed property audits and voluntary disclosures
- Identify gift card planning opportunities and assist with implementation
- Compile and organize relevant source data for escheat items and prepare scheduling decks for analysis
- Assist clients with remediation procedures and develop exposure quantification models
- Utilize various software systems and maintain knowledge of relevant GL systems
- Train and evaluate the performance of team members and provide feedback
- Act as a primary contact on assigned engagements and maintain strong relationships with clients
- Participate in relevant trade organizations and public speaking events
- Update CRM entries and manage client expectations
- Project manage multiple clients and projects simultaneously

Qualifications:

- Bachelor's degree in Accounting, Business, Economics, or Finance
- CPA certification, Attorney (admitted to practice in a . jurisdiction), or Internal Revenue Service Enrolled Agent (EA) preferred
- Proficient in Microsoft Office Suite, specifically Excel and Word
- Experience with Power BI, Alteryx, and other software preferred
- Excellent communication and analytical skills
- Strong organizational skills and ability to meet project deadlines
- Ability to work independently or in a team environment
- Proven ability to handle multiple projects in a deadline-driven environment
- Capacity to build and maintain relationships with clients and colleagues
- Executive presence and ability to act as a primary contact on engagements
- Advanced knowledge of tax standards and relevant sources of information
- Understanding of taxable conditions and potential tax issues

About the Company:

BDO is a leading accounting and advisory firm that values individuality and fosters a culture of making meaningful connections. Our purpose is to help people thrive every day, and we are committed to delivering exceptional and sustainable outcomes for our people, clients, and communities. We are proud to be an ESOP company, reflecting our culture of putting people first and sharing financially in our growth with our . team. Our professionals provide assurance, tax, and advisory services for clients across the . and in over 160 countries through our global organization.

At BDO, we welcome diverse perspectives and empower team members to explore their full potential. We celebrate ingenuity and innovation and focus on resilience and sustainability to positively impact our people, clients, and communities. We are an equal opportunity employer and offer a comprehensive compensation and benefits package, including an ESOP plan, to eligible employees.

Join us at BDO and find more than a career - find a place where you can make a positive difference in the world.

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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