Manager, Core Tax Services - ASC

Job Summary:

The Core Tax Services ("CTS") Manager - ASC740 is responsible for advising clients on the tax implications of their business objectives, evaluating and selecting alternative actions to lessen tax burden and cost of compliance, identifying different methods of complying with tax regulations while acting as the primary client contact for complex corporate tax and ASC 740 tax issues. In this role, the Core Tax Services Manager is charged with applying knowledge to understand potential tax issues, and recognizing and communicating potential risks and potential changes in the tax policy

Job Duties:

Tax Compliance

Ensures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual ("TQM")

Conducts top level review of T/R and resolves all tax issues with client; involves specialists where appropriate

Communicates with issues identified in tax accrual review with Assurance clients

Plans and reviews the tax process and the procedures to be performed to include:

Budgeting and staffing

Monitoring engagement process and actual time incurred vs. budget with assistance of Senior

Timely billing including management of identified out-of-scope activity and communication to client

Timely collection of A/R

Manages client relationships/expectations in accordance with the project

Provides advice to clients in a timely manner

Research

Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis

Identifies complex issues to be researched by engagement team and provides research methodology for efficient research processes

Trains managers/staff on research skills and helps to appropriately frame ASC 740 tax issues for analysis

Involves firm specialists, as appropriate

ASC 740-10 (fka FAS 109 and FIN 48) Tax Accruals

Correctly and proactively applies Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding ASC 740

Applies, correctly and proactively, ASC 740-10, and Firm policies, standards, and BDO TQM

Clearly and concisely explains and discusses components of the income tax provision and uncertain tax positions to the client as well as other complexities surrounding ASC 740-10

Communicates with Assurance team to timely plan tax accrual reviews, including budget, scope and delivery dates

Reviews tax provisions- applies in depth knowledge of ASC 740

Reviews prepared workpapers

Utilizes and manages Specialized Tax Services ("STS"), as needed

Tax Consulting

Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients' current and future taxes

Considers the applicability of CTS and STS consulting specialties for each client

Develops and implements a work plan to include/organize the STS assistance on ongoing projects from client

Serves as a technical resource

Ensures client service teams comply with Firm policy; regarding Written Tax Advice ("WTA"),

Provides effective assistance with exam support

Frames projects and issues for effective delegation to seniors and associates

Tax Specialization

Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation, e.g., individual, corporate, property, sales, corporate, pass-through, state and local, international, expatriate, transfer pricing, credits and incentives, compensation and benefits, accounting methods, R&D tax benefits

May be required to organize and conduct effective internal CPE training sessions in area of specialization, involving Firm specialists

May train and mentor ma