State Income Tax Manager - SALT

Job Summary:

A STS SALT Manager is responsible for advising clients of the tax implications relating to their business objectives, recommending alternate courses of action, as well as identifying different methods of complying with tax regulations. In this role, the STS SALT Manager will be charged with marketing, networking and business development within his/her area of experience and specialization and recognizing potential changes in tax policy and applying new policies to tax compliance. In addition, the STS SALT Manager will work with the Core Tax Partners, Directors, and Senior Managers to provide SALT expertise to their clients.

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.D. 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.

Range: $76,000 - $160,000

About Us

BDO delivers assurance, tax, digital technology solutions and financial advisory services to clients throughout the country and around the globe. We offer numerous industry-specific practices, world-class resources, and an unparalleled commitment to meeting our clients' needs. We currently serve more than 400 publicly traded domestic and international clients.

• Unparalleled partner-involvement
• Deep industry knowledge and participation
• Geographic coverage across the U.S.
• Cohesive global network
• Focused capabilities across disciplines

BDO brings world-class resources and exceptional service to each and every one of our clients. BDO USA is a member of BDO International, the world's fifth largest accounting network.

BDO offers a competitive Total Rewards package that encompass so much more than - traditional benefits . Our wide range of rewards and our employees' ability to customize rewards to their individual needs are two of the reasons why BDO has been honored with so many workplace awards, including 100 Best Companies for Working Parents, Working Mother 100 Best Companies, Top Entry Level Employer, 2022 National Best & Brightest Companies to Work For and more.

Some examples of our Total Rewards offerings include:

• Competitive pay and eligibility for an annual performance bonus.
• A 401k plan plus an employer match
• Comprehensive, medical, dental, vision, FSA, and prescription insurance from day one
• Competitive Paid Time Off with daily accrual from day one of employment, plus paid holidays
• Paid Parental Leave
• Adoption Assistance
• Firm paid life insurance
• Wellness programs
• Additional offerings include BDO Flex, Group Legal insurance, Pet insurance and Long-Term Care Insurance

Above offerings may be subject to eligibility requirements.