State and Local Tax Unclaimed Property Associate - Summer 2024

Full-time

No

Travel Requirements 0%
Requisition ID 4561

Summary:

The State and Local Tax Unclaimed Property Associate - Summer 2024 (Orange County) position at BDO offers a unique opportunity to utilize tax and accounting skills in a consultative capacity while working with a team of experienced professionals. This role involves working with clients to advise them on tax implications and other accounting matters related to unclaimed property compliance and consulting. The associate will also be responsible for project management, data analysis, and assisting with presentations and marketing efforts.

Job Title:

State and Local Tax Unclaimed Property Associate - Summer 2024 (Orange County)

Experience:

- Bachelor's degree in Accounting, Finance, or Statistics, required, OR Bachelor's degree in other focus area AND CPA certification, required
- Leadership experience, preferred
- Accounting based internship, preferred

Salary Information:

- California Range: $65,000 - $110,000
- New York City/ Valhalla Range: $76,000 - $110,000
- Washington Range: $65,000 - $110,000

Job Duties:

- Research:
- Identify and analyze complex situations requiring research, and utilize appropriate sources for research
- Stay updated on relevant unclaimed property laws and regulations

- Unclaimed Property Compliance:
- Work with National UP team and more experienced team members to gather and manipulate data for annual escheat returns
- Use various software for data gathering and import data into FSI Track
- Reconcile data and respond to state notices
- Assist with due diligence and client payment processing
- Communicate with clients and team members

- Unclaimed Property Consulting:
- Draft memorandums and opinions on escheat issues
- Work with UP leadership to develop planning processes and address internal controls
- Represent clients in audits and voluntary disclosures
- Identify gift card planning opportunities and assist with implementation
- Assist with client interviews and data analysis
- Develop exposure quantification models and assist with client refund reviews
- Apply state tax consulting sub-specialties and confer with other professionals when necessary
- Stay updated on relevant trade organizations and participate in public speaking and networking events

- Unclaimed Property Related Software:
- Utilize various software for assigned tasks
- Maintain knowledge of different GL systems
- Participate in learning and implementing technology enhancements for unclaimed property group

Qualifications:

- Bachelor's degree in Accounting, Finance, or Statistics, required, OR Bachelor's degree in other focus area AND CPA certification, required
- Leadership experience, preferred
- Accounting based internship, preferred
- Eligible to sit for CPA exams, preferred
- Proficient in Microsoft Office Suite, preferred
- Experience with Power BI, Alteryx, and other software, preferred

About the Company:

At BDO, our purpose is to help people thrive every day. We are focused on delivering exceptional and sustainable outcomes for our people, clients, and communities. BDO is an ESOP company, reflecting a culture that puts people first and shares financial growth with its . team. We offer assurance, tax, and advisory services for clients in the . and globally.

Benefits:

- Flexible work environment and opportunities for advancement
- Culture centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself
- ESOP retirement plan with no employee contributions
- Comprehensive compensation and Total Rewards benefits* offerings
- Commitment to diversity and empowerment of team members
- Celebrating innovation and resilience for positive impact on people, clients, and communities

*Benefits may be subject to eligibility requirements.

H1 Headings:

- Job Summary
- Job Duties
- Qualifications, Knowledge, Skills, and Abilities
- About the Company
- Benefits

H2 Headings:

- Research
- Unclaimed Property Compliance
- Unclaimed Property Consulting
- Unclaimed Property Related Software

SEO Friendly Job Title:

State and Local Tax Unclaimed Property Associate - Summer 2024 (Orange County) at BDO

Bold Headlines:

- Unique Opportunity to Utilize Tax and Accounting Skills in a Consultative Role
- Join BDO and Make a Positive Difference in the World
- Employee Stock Ownership Plan (ESOP) for Financial Growth and Empowerment
- Exciting Benefits and Opportunities for Advancement at BDO

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
routinely keeps abreast of latest relevant unclaimed property statutory, regulatory and case law changes
unclaimed property compliance
partner with national up team and more experienced team members and while under their supervision conduct or perform the following task:
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
works with unclaimed property leadership to identify appropriate b2b and other exemptions/deferrals
performs reconciliations on data gathered to data reported under the guidance of unclaimed property leadership
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
partner with national up team and more experienced team members and while under their supervision conduct or perform the following task:
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
actively involved in relevant trade organizations and public speaking, networking events where appropriate
routinely updates crm entries
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; progress towards internal revenue service enrolled agent (“ea”) (or progress towards the equivalent of one of these designations) upon starting employment, preferred

software:

proficient in the use of microsoft office suite, specifically excel and word, preferred
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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