Tax Experienced Senior Associate, Business… at BDO USA · Philadelp…

Tax Experienced Senior Associate, Business Incentives Group

Location: Philadelphia, PA, United States

Job Summary:

The Tax Experienced Senior, Business Incentives Group is primarily responsible for executing project tasks to identify, document, and support on exam BIG tax credits and incentives. In this role, the Tax Experienced Senior, Business Incentives Group is charged with utilizing research skills and applying industry knowledge to understand the potential BIG tax credit issues and opportunities and to gather client information and documentation to identify qualified costs and expenses and calculate the BIG benefits efficiently and effectively. The role also may assist with business development and operational matters.

Job Duties:

Research

• Identifies intermediate to complex situations when research is needed, providing an outline of the issue(s) and research to be conducted
• Analyzes researched facts and sources prior to composing a detailed report of the research findings
• Composes standard research memos in support of projects / transactions

Tax Compliance

• Ensures clients comply with applicable authorities while identifying options for minimizing the client’s tax and reporting burdens
• Obtains required client information to utilize in the preparation of tax filings
• Identifies “gray areas” and communicates related risk potential for contingent tax liabilities
• Completes pro forma Forms 6765 and other related state forms
• Ensures all necessary approvals and documentation, including but not limited to budgets, work plans, executed tax engagement letters, are in place prior to engagement work commencing

Tax Consulting

• Develops, recommends, and implements standard tax methods to provide clients with maximum tax benefits related to current and future tax obligations
• Assists in the review and response to notices for federal and state agencies
• Documents all significant tax positions, as well as issues, findings, and deliverables in accordance with firm policies
• Identifies and calculates BIG benefits, including potential credits, deductions, and other federal and state opportunities
• Contributes to the development of new and improved ways to identify qualified costs and activities
• Identifies tax consulting opportunities and participates in the marketing of services to existing and prospective clients

Tax Controversy

• Supports representation of clients before tax authorities on contested issues

Tax Related Software

• Uses Caseware, GoSystems, tax research databases, and other tax-related software in the completion of assigned tasks

Tax Specialization

• Develops an in-depth understanding of the technical and practical issues and opportunities regarding BIG tax benefits
• Calculates the federal BIG tax credit and applies BIG benefits of all states in his/her region
• Suggests ways to develop or improve tools, methodologies, policies, etc., to enhance the efficiency and effectiveness of BIG services
• Identifies other opportunities and issues other than those related only to BIG

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
• Recognizes, measures, and documents clients’ financial benefits

Strategy Development

• Assists in the preparation of 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
• Identifies and communicates possibilities for referrals while maintain awareness of the firm’s tax specialists

Other duties as required

Supervisory Responsibilities:

• Supervises and reviews the day-to-day work of BIG Associates and Interns on assigned engagements
• Ensures BIG Associates and Interns are trained on all relevant tax software
• Delivers periodic performance feedback and completes performance evaluations for BIG Associates and Interns
• Acts as mentor to BIG Associates and Interns
  

Qualifications, Knowledge, Skills and Abilities:

Education:

• Bachelor’s degree, required
• Degree in accounting, tax, or finance, preferred

Experience:

• Three (3) or more years of prior experience, required
• Prior experience performing services related to BIG tax credits preferred
• Prior experience supervising tax professionals on a project or engagement basis preferred

License/Certifications:

• CPA certification, preferred

Software:

• Proficient in the use of Microsoft Office, especially Excel and Word

Language:

• Fluent in verbal and written English

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
• Ability to effectively manage a team of tax professionals and delegate work assignments as needed
• Ability to build and maintain strong relationships with client personnel
• Ability to successfully interact with professionals at all levels
• Ability to prepare simple tax returns
• Possesses a familiarity with all types of tax filing forms
• Intermediate knowledge of appropriate application of tax standards to ensure effective and efficient delivery of tax services
• Intermediate knowledge of sources of relevant information utilized in tax filings
• Understanding and recognition of the economics of underlying transactions and book to tax differences in preparation of tax returns

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.

National Range: $74,550 - $147,000
Colorado Range: $74,550 - $147,000
Maryland Range: $74,550 - $147,000
NYC/Long Island/Westchester Range: $74,550 - $147,000
Washington DC Range: $74,550 - $147,000

At BDO, how we show up matters. We build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping one another grow and succeed. Here, you’ll find meaningful work, leaders invested in your success, and opportunities to build a career around what matters most to you.

Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. Our values guide how we bring that purpose to life each day. Together, they shape how we work with one another, serve our clients, and create meaningful impact.

BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. No matter your role, you’ll be part of a team helping clients navigate complexity and move forward with clarity.

We are proud to be an ESOP company, offering participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. As a qualified retirement plan, the ESOP is a meaningful addition to our comprehensive compensation and Total Rewards benefits* offerings. It also reinforces an ownership mindset that strengthens our connection to one another, our clients, and the future we’re building together.

Learn more about our benefits: BDO Total Rewards encompass more than traditional benefits. Click here to find out more!

*Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability/vets
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