SALT Senior Associate, Unclaimed Property

Full-time

No

515 S. Flower Street, Los Angeles, CA 90071
Department Salt
Salary Range $70,000 - $125,000

The SALT Senior Associate, Unclaimed Property, is a unique role that combines tax and accounting skills to assist clients with their unclaimed property compliance and consulting needs. This position offers a competitive salary range of $70,000 to $125,000, based on the candidate's qualifications, experience, skills, and location. The SALT Senior Associate will work with leadership to identify tax implications and provide advice on accounting matters, as well as manage project timelines, participate in presentations, and coordinate compliance and audit defense. They will also be responsible for researching and staying updated on unclaimed property laws and regulations, as well as utilizing software and databases for data analysis and preparation of annual escheat returns.

Key Responsibilities:

- Utilize tax and accounting skills in a consultative capacity for unclaimed property compliance and consulting engagements
- Research and analyze complex situations, staying updated on relevant unclaimed property laws and regulations
- Manage project timelines, participate in presentations, and coordinate compliance and audit defense
- Draft memorandums and opinions on various escheat issues
- Work with leadership to identify tax planning opportunities and implement policies and procedures
- Represent clients on unclaimed property audits and voluntary disclosures
- Utilize software and databases for data analysis and preparation of annual escheat returns
- Train and supervise SALT Experienced Associates, Associates, and Interns
- Maintain relationships with in-state and out-of-state tax authorities and other relevant personnel

Qualifications:

- Bachelor's degree in Accounting, Business, Economics, or Finance
- Two or more years of experience in tax, financial statement auditing, or forensic accounting
- CPA certification, Attorney (admitted to practice in a . jurisdiction), or Internal Revenue Service Enrolled Agent (EA) preferred
- Proficient in Microsoft Office Suite and experience with tax-related software
- Excellent communication, analytical, and organizational skills
- Ability to work independently and in a team environment, meet project deadlines, and handle multiple projects simultaneously
- Previous experience managing a team and delegating work assignments
- Executive presence and ability to act as primary contact on assigned engagements
- Knowledge of tax standards and relevant information sources
- Understanding of taxable conditions and potential tax issues for clients

BDO, a top global accounting firm, offers a competitive Total Rewards package that includes a 401k plan, comprehensive medical, dental, and vision insurance, paid time off, and more. The company values partner involvement, industry knowledge, and a cohesive global network, making it an ideal place for professionals to grow and develop their careers.

Join the team at BDO and utilize your tax and accounting skills in a unique and rewarding role as a SALT Senior Associate, Unclaimed Property. Apply now and take the next step in your career!

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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