Income Tax Manager, State and Local Tax

Min 5 yrs required

Full-time

No

Job Level Manager
Employment Type Experienced
Job Description

BDO is currently seeking a STS SALT Manager, with state and local tax experience, to join our growing State and Local Tax practice in New York, NY. This role provides an opportunity to work on a wide range of state and local tax issues and will include the following responsibilities:

- Advising clients on the tax implications of their business objectives and recommending alternate courses of action
- Identifying different methods of complying with tax regulations and recognizing potential changes in tax policy
- Marketing, networking, and business development within area of expertise and specialization
- Providing SALT expertise to clients in collaboration with Core Tax Partners, Directors, and Senior Managers
- Conducting detailed reviews of tax returns and responding to notices from state taxing authorities
- Drafting tax memorandums, opinions, and other documentation on various tax issues
- Representing clients before tax authorities on contested issues
- Utilizing tax-related software and databases in completing tasks
- Providing technical client service to multi-state companies and negotiating settlements and voluntary disclosure agreements
- Preparing tax accrual workpapers and understanding and applying industry standards and firm policies
- Developing new or improved tax strategies and suggesting marketing approaches for new client acquisition

In this role, the STS SALT Manager will also have supervisory responsibilities, including:

- Supervising and reviewing the work of STS SALT Senior Associates and Associates
- Ensuring training on relevant tax software for STS SALT Senior Associates, Associates, and Interns
- Evaluating performance and providing feedback for STS SALT Senior Associates, Associates, and Interns
- Acting as a Career Advisor for STS SALT Senior Associates and Associates

Qualifications for this role include a Bachelor's degree in Accounting or a related field, with a Master's degree or . preferred. Candidates should have at least five years of prior experience in state and local/multistate tax, as well as experience supervising tax professionals. A CPA certification or other relevant certification is preferred.

The salary for this position will be determined based on a candidate's qualifications, experience, and skills, with a range of $76,000 - $160,000. As an ESOP company, BDO also offers a unique opportunity for employees to financially benefit from the firm's success through beneficial ownership and a comprehensive compensation and Total Rewards benefits package.

At BDO, our purpose is to help people thrive every day, and we are committed to creating a diverse and inclusive workplace where all individuals are valued and empowered to reach their full potential. We pride ourselves on our culture of making meaningful connections, approaching interactions with curiosity, and being true to ourselves while making a positive difference in the world.

Join us at BDO, where you will find not just a career, but a place where your work is impactful and you are valued for your individuality. Click here to find out more about our company and available opportunities.

job duties:

research:

identifies complex situations when research is necessary providing an outline of the issue(s) and the appropriate source of research to be conducted
analyzes researched facts and the sources utilized prior to composing a detailed report of the research findings
develops relationships with in-state and out of state department of tax (dot)/department of revenue (dor) personnel

tax compliance:

conducts detailed reviews of tax returns with the ability to identify most significant state tax issues
composes responses to notices from state taxing authorities
provides assistance with exam support

tax consulting:

drafts tax memorandums, tax opinions and other documentation on various tax issues
applies all applicable state tax consulting sub-specialties and confers with other sts professionals when appropriate
determines tax planning process
ensures tax engagement letters are adopted prior to engagement work commencing and manages engagements
assists in the development of consultative selling strategies
manages the expectations of assigned clients

tax controversy:

represents clients before any tax authority on contested issues

tax related software:

utilizes gosystems, tax research databases and other tax-related software in the completion of assigned tasks

tax specialization:

provides technical client service to multi-state companies with state and local tax issues
conducts negotiation of settlements, voluntary disclosure agreements and state tax audit representation
drafts technical memoranda regarding state and local tax issues

accounting for income taxes – sfas109:

prepares tax accrual workpapers

asc740-10:

understands and applies industry standards, along with firm policies and bdo tax quality manual requirements as they relate to fas 109 and fin48, as well as fas5 for sales tax and unclaimed properties

strategy development:

reviews studies of tax implications to identify alternative courses of actions to benefits clients
develops new or improved ideas to advance the position of clients, the firm or firm personnel through reduction in taxes or expenses or offering of non-tax benefits
assist with researching potential tax strategies
suggests marketing approaches for new client acquisition

other duties as required

supervisory responsibilities:

supervises the day-to-day workload of sts salt senior associates and associates on assigned engagements and reviews work product
ensures sts salt senior associates, associates and interns are trained on all relevant tax software
evaluates the performance of sts salt senior associates and associates and assists in the development of goals and objectives to enhance professional development
delivers periodic performance feedback and completes performance evaluations for sts salt senior associates, associates and interns
acts as career advisor to sts salt senior associates and associates, as appropriate


qualifications, knowledge, skills and abilities:

education:

bachelors degree in accounting or other relevant field required
masters degree in accounting/taxation or j. preferred

experience:

more than five (5) years of prior experience in state and local/multistate experience required
prior experience supervising tax professionals on a project or engagement basis required
prior experience preparing and/or reviewing tax provisions preferred
prior experience with corporate taxation, consolidations and partnerships preferred

license/certifications:

cpa certification or other relevant certification preferred

software:

proficient in the use of microsoft office suite, specifically excel and word
exposure to and familiarity with standard tax applications and research tools 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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