SALT Senior Associate, Unclaimed Property

Full-time

No

1 Los Angeles, CA, United States


Job Title: SALT Senior Associate, Unclaimed Property
Salary Range: $70,000 - $125,000
Experience Level: Two (2) or more years of prior experience in tax, financial statement auditing or forensic accounting in a public accounting firm or in-house organization
Location: Los Angeles, CA, United States

The SALT Senior Associate, Unclaimed Property, is responsible for providing clients with tax and accounting advice related to unclaimed property compliance and consulting. This unique role requires a professional with experience in tax and accounting, project management, reconciliation, financial auditing, problem solving, internal controls, and process/system enhancements. The SALT Senior Associate will work closely with leadership to recommend courses of action and identify methods for complying with unclaimed property statutes and regulations.

Responsibilities:

- Conduct research on complex situations and analyze findings to provide detailed reports
- Develop relationships with state tax authorities and stay up-to-date on relevant unclaimed property laws and regulations
- Assist with unclaimed property compliance by obtaining and manipulating data from clients, preparing returns, and identifying exemptions/deferrals
- Perform reconciliations on data and respond to notices from state authorities
- Assist with due diligence letter processing, client payment processing, and exam support
- Draft memorandums and opinions on escheat issues and participate in developing escheat planning processes
- Represent clients on unclaimed property audits and voluntary disclosures, and assist with identifying gift card planning opportunities
- Compile and organize relevant data for escheat items and assist with remediation procedures and exposure quantification models
- Utilize tax software and maintain working knowledge of various GL systems
- Supervise and train SALT Experienced Associates and Associates, evaluate their performance, and provide feedback and performance evaluations
- Actively participate in relevant trade organizations and networking events
- Manage client expectations and project manage multiple clients and projects simultaneously

Qualifications:

- Bachelor's degree in Accounting, Business, Economics, or Finance
- Two (2) or more years of prior experience in tax, financial statement auditing, or forensic accounting 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
- Proficiency in Microsoft Office Suite, specifically Excel and Word
- Experience with Power BI, Alteryx, and other software preferred
- Excellent verbal and written communication skills
- Superior analytical and research skills
- Solid organizational skills and ability to meet project deadlines
- Ability to work independently and in a team environment
- Proven ability to handle multiple projects simultaneously in a deadline-driven environment
- Executive presence and ability to act as primary contact on engagements
- Strong relationship building skills with both internal and client personnel
- Advanced knowledge of tax standards and sources of relevant information
- Ability to interact with professionals at all levels

BDO is a global accounting and advisory firm that offers assurance, tax, digital technology solutions, and financial advisory services to clients around the world. With numerous industry-specific practices, a cohesive global network, and a commitment to meeting clients' needs, BDO is dedicated to delivering exceptional service. The firm currently serves over 400 publicly traded domestic and international clients.

Benefits:

- Competitive salary and annual performance bonus
- 401k plan with employer match
- Comprehensive medical, dental, vision, FSA, and prescription insurance
- Competitive paid time off and paid holidays
- Paid parental leave and adoption assistance
- Firm-paid life insurance and wellness programs
- Additional perks such as BDO Flex, Group Legal insurance, Pet insurance, and Long-Term Care Insurance

Join the BDO team and experience a rewarding career with a top workplace, recognized for its commitment to employee satisfaction and development. Apply now and be a part of a company that values its employees and offers opportunities for growth and success.

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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