Tax Experienced Senior, Core Tax Services - Real Estate Focu - BDO USA, LLP
Denver, CO
About the Job
Job Summary:
A Tax Experienced Senior, Core Tax Services is responsible for utilizing
research skills, applying tax foundational knowledge to understand potential
tax issues, gathering client information necessary for filing,
participating in tax planning, recognizing and communicating potential
risks, preparing tax accrual workpapers and working with tax software
applications to complete tax returns for review. In this role, the Tax
Experienced Senior, Core Tax Services will act as the main client contact
for general questions and information and may be charged with supervising and
reviewing the work of Core Tax Services Associates.
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")
Manages projects by planning the tax process and the procedures to be
performed with quality
Answers preparer questions, and coordinates engagement from onset by
communicating expectations and procedures with preparers
Conducts detailed reviews on all returns and appropriate review notes for
preparers; raises potential tax issues
Meets internal deadlines to match the client expectations for timely delivery
of service
Identifies book-to-tax differences
Manages projects by developing a budget; monitoring budget vs. actual;
scheduling resources for project and identifying out-of-scope activity
Research:
Identifies when research is needed; clearly and concisely frames issues to
be researched; and clearly and concisely reports the analysis
Applies most Firm and professional standards for preparation of WTA and tax
returns
ASC 740-10 (FAS 109 and FIN 48) Tax Accruals:
Correctly and proactively applies Firm policies, standards, and the BDO
Tax Quality Manual (TQM) regarding FAS 109 and FIN 48
Prepares provision workpapers and discusses with the appropriate team members
Identify and discuss uncertain positions with team members
Review & prepare footnote disclosures in compliance with 740-10-55
Utilize and manage STS
Drafts tax provision memorandums
Communicates with Assurance counterparts to timely plan tax accrual reviews
Tax Consulting:
Assists with developing, recommending, and implementing efficient and
effective methods to maximize client benefits, especially by decreasing
clients' current and future taxes
Identifies consulting opportunities to reduce client's tax liability
Provides efficient and effective support for client consulting projects
Gathers relevant information for controversy work, efficiently and effectively
Documents all significant tax positions, clearly, correctly, and in
accordance with Firm and office policies (by creating memorandums to the
files - Tax issues Memos) and ensures that proper documentation is archived
to GoFileRoom
Strategy Development:
Introduces and develops new or improved ideas to improve the position of
clients, the Firm, or Firm personnel, e.g., by reducing taxes or
expenses or providing non-tax benefits
May be required to prepare studies of tax implications and offers clients
alternative courses of action
Other duties as required
Supervisory Responsibilities:
May supervise and manage the day-to-day work assignments of Core Tax Services
Associates
Provides verbal and written performance feedback to Core Tax Associates, as
necessary
Acts as mentor to Core Tax Services Associates
Qualifications, Knowledge, Skills and Abilities:
Education:
Bachelors degree in Accounting, Finance, Economics or Statistics,
required OR Bachelor's degree in other focus area and CPA certification,
requir
Masters in Accountancy or Taxation, preferred
Experience:
Three (3) or more years of prior relevant tax experience and/or public
accounting, private industry accounting or consulting/professional
services experience, preferre
Industry expertise in one or more tax specialty, preferred
Prior basic supervisory experience, preferred
License/Certifications:
CPA certification, Attorney (admitted to practice in a U.S.
jurisdiction), or Internal Revenue Service Enrolled Agent ("EA")
(or the equivalent of one of these designations), preferred
Possession of other professional degrees or certifications applicable to
role, preferred
Software:
Proficient with the Microsoft Office Suite, preferred
Experience with tax research databases and tax compliance process software,
preferred
Other Knowledge, Skills & Abilities:
Solid verbal and written communication skills
Able to follow instructions as directed by members of Tax Team
Able to prepare simple tax returns
Takes appropriate actions without being asked
Seeks advice of appropriate superiors regarding issues, problems related to
compliance
Ability to effectively delegate work as needed
Trains other team members
A Tax Experienced Senior, Core Tax Services is responsible for utilizing
research skills, applying tax foundational knowledge to understand potential
tax issues, gathering client information necessary for filing,
participating in tax planning, recognizing and communicating potential
risks, preparing tax accrual workpapers and working with tax software
applications to complete tax returns for review. In this role, the Tax
Experienced Senior, Core Tax Services will act as the main client contact
for general questions and information and may be charged with supervising and
reviewing the work of Core Tax Services Associates.
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")
Manages projects by planning the tax process and the procedures to be
performed with quality
Answers preparer questions, and coordinates engagement from onset by
communicating expectations and procedures with preparers
Conducts detailed reviews on all returns and appropriate review notes for
preparers; raises potential tax issues
Meets internal deadlines to match the client expectations for timely delivery
of service
Identifies book-to-tax differences
Manages projects by developing a budget; monitoring budget vs. actual;
scheduling resources for project and identifying out-of-scope activity
Research:
Identifies when research is needed; clearly and concisely frames issues to
be researched; and clearly and concisely reports the analysis
Applies most Firm and professional standards for preparation of WTA and tax
returns
ASC 740-10 (FAS 109 and FIN 48) Tax Accruals:
Correctly and proactively applies Firm policies, standards, and the BDO
Tax Quality Manual (TQM) regarding FAS 109 and FIN 48
Prepares provision workpapers and discusses with the appropriate team members
Identify and discuss uncertain positions with team members
Review & prepare footnote disclosures in compliance with 740-10-55
Utilize and manage STS
Drafts tax provision memorandums
Communicates with Assurance counterparts to timely plan tax accrual reviews
Tax Consulting:
Assists with developing, recommending, and implementing efficient and
effective methods to maximize client benefits, especially by decreasing
clients' current and future taxes
Identifies consulting opportunities to reduce client's tax liability
Provides efficient and effective support for client consulting projects
Gathers relevant information for controversy work, efficiently and effectively
Documents all significant tax positions, clearly, correctly, and in
accordance with Firm and office policies (by creating memorandums to the
files - Tax issues Memos) and ensures that proper documentation is archived
to GoFileRoom
Strategy Development:
Introduces and develops new or improved ideas to improve the position of
clients, the Firm, or Firm personnel, e.g., by reducing taxes or
expenses or providing non-tax benefits
May be required to prepare studies of tax implications and offers clients
alternative courses of action
Other duties as required
Supervisory Responsibilities:
May supervise and manage the day-to-day work assignments of Core Tax Services
Associates
Provides verbal and written performance feedback to Core Tax Associates, as
necessary
Acts as mentor to Core Tax Services Associates
Qualifications, Knowledge, Skills and Abilities:
Education:
Bachelors degree in Accounting, Finance, Economics or Statistics,
required OR Bachelor's degree in other focus area and CPA certification,
requir
Masters in Accountancy or Taxation, preferred
Experience:
Three (3) or more years of prior relevant tax experience and/or public
accounting, private industry accounting or consulting/professional
services experience, preferre
Industry expertise in one or more tax specialty, preferred
Prior basic supervisory experience, preferred
License/Certifications:
CPA certification, Attorney (admitted to practice in a U.S.
jurisdiction), or Internal Revenue Service Enrolled Agent ("EA")
(or the equivalent of one of these designations), preferred
Possession of other professional degrees or certifications applicable to
role, preferred
Software:
Proficient with the Microsoft Office Suite, preferred
Experience with tax research databases and tax compliance process software,
preferred
Other Knowledge, Skills & Abilities:
Solid verbal and written communication skills
Able to follow instructions as directed by members of Tax Team
Able to prepare simple tax returns
Takes appropriate actions without being asked
Seeks advice of appropriate superiors regarding issues, problems related to
compliance
Ability to effectively delegate work as needed
Trains other team members
Source : BDO USA, LLP
