SALT Senior Associate, Unclaimed Property

Full-time

No

515 S. Flower Street, Suite 1400 Los Angeles, California 90071 United States of America

H1:
Tax Senior, State and Local Tax - Unclaimed Property

H2:
Job Summary:
- Apply industry knowledge and experience to advise clients on tax implications and accounting matters related to unclaimed property compliance and consulting
- Use tax and accounting skills in a consultative capacity to analyze and model sporadic data sets
- Recommend alternate courses of action and identify methods of complying with unclaimed property statutes and regulations
- Manage project management, presentations, compliance, audit defense, VDAs, client expectations, and deliverables
- Work with Core Tax and Audit Partners, Directors, and Senior Managers to provide SALT expertise to clients

Job Duties:
- Conduct research and analyze facts to compose detailed reports
- Develop relationships with tax authorities and stay updated on unclaimed property changes
- Prepare annual escheat returns and use software for data gathering and reporting
- Identify exemptions and perform reconciliations on data
- Respond to notices and assist with due diligence and client payments
- Provide exam support and communicate with clients and team members

- Draft memorandums, opinions, and other documentation on escheat issues
- Work with leadership to develop escheat planning process and address internal controls
- Represent clients on audits and voluntary disclosures
- Identify gift card planning opportunities and assist with implementation
- Assist with client interviews, workplans, and other consulting tasks
- Compile and organize relevant source data for escheat items
- Prepare and review data analysis templates
- Assist clients with remediation procedures and develop exposure quantification models
- Assist with client refund review process
- Apply state tax consulting specialties and confer with other professionals
- Ensure engagement letters are adopted and manage engagements
- Assist with consultative selling strategies and participate in relevant events
- Update CRM entries and manage client expectations
- Project manage multiple clients and projects simultaneously

- Utilize relevant software in completing tasks
- Maintain working knowledge of various GL systems
- Participate in learning and executing technology enhancements

Other duties as required

Supervisory Responsibilities:
- Supervise SALT Experienced Associates and Associates and review work product
- Ensure training on relevant software
- Evaluate performance and assist with professional development
- Deliver performance feedback and complete evaluations

Qualifications, Knowledge, Skills and Abilities:
- Bachelor's degree in Accounting, Business, Economics, or Finance
- 2+ years of experience in tax, financial statement auditing, or forensic accounting
- CPA certification, Attorney or Internal Revenue Service Enrolled Agent preferred
- Proficient in Microsoft Office Suite
- Experience with Power BI, Alteryx, and other software preferred
- Excellent communication, analytical, and organizational skills
- Ability to meet project deadlines, work independently or in a group, and multi-task
- Proven ability to manage a team and build relationships
- Executive presence and ability to act as primary ,000
- NYC/Long Island/Westchester range: $70,000 - $125,000

About BDO:
- BDO offers flexibility, opportunities for advancement, and a culture centered around meaningful connections and making a positive difference
- Purpose of helping people thrive every day and delivering exceptional and sustainable outcomes
- Proud to be an ESOP company, reflecting a culture that puts people first and sharing financially in growth with the . team
- Provides assurance, tax, and advisory services for clients across the . and globally
- First large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP)
- Qualified retirement plan offering beneficial ownership and opportunities for financial well-being
- Committed to diversity, empowerment, talent, and innovation
- Focus on resilience and sustainability for people, clients, and communities

Equal Opportunity Employer, including disability/vets

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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