Managing Director, Business Incentives Group

Job Summary:An STS Business Incentives Group Managing Director is responsible for providing written tax advice to clients, evaluating, and recommending alternate courses of action to lessen tax burden and cost of compliance, recognizing potential tax risks and identifying potential changes in tax policy and regulations. In this role, the STS Tax Managing Director, Business Incentives Group will be charged with marketing, networking and business development within his/her area of experience and specialization and maintaining and expanding key client relationships.  Additionally, the STS Tax Managing Director, Business Incentives Group is a critical part of the office’s / region’s Tax Services leadership team and in this capacity will act as source for guidance on complex tax questions and issues.Job Duties:ResearchIdentifies all situations when research is necessary and conducts appropriate investigation on identified topicsAnalyzes researched facts and the sources utilized Prepares studies of tax implications and outlines alternative courses of action to clientsDevelops comprehensive sales Talking Points document for marketing and sales opportunitiesTax ComplianceEnsures clients comply with applicable authorities while identifying options for minimizing the client’s tax and reporting burdensIdentifies “gray areas” and recognizes related risk potential for contingent tax liabilitiesCompletes pro forma Forms 6765 and related state formsEnsure tax engagement letters are adopted prior to engagement work commencingCommunicates with appropriate clients, Core Tax Services and Assurance personnel regarding any issued during reviewsTax ConsultingDevelops, recommends and implements standard tax methods to provide clients with maximum tax benefits related to current and future tax obligationsIdentifies and assists in maximizing all potential BIG credit, deduction and other federal and state opportunities legally available to clientsHandles inquiries from federal and state agencies regarding all tax issues and questionsDrafts responses to examiner questions and challengesMonitors implementations of workplans for tax consulting projectsProvides assistance with protests at the appeals levelProvides recommended solutions by combining tax knowledge and knowledge of business / industryTax ControversyRepresents clients before any tax authority on contested issuesResponds to all questions from federal or state agencies Tax Related SoftwareUtilizes Caseware, GoSystems, tax research databases and other tax-related software in the completion of assigned tasksTax SpecializationDevelops an in-depth understanding of the technical and practical issues and opportunities regarding BIG tax benefitsActs as industry expert in BIGIdentifies cross-selling opportunities with other tax specializationsManages BIG services provided to assigned clientsDevelops tools and/or improvements allowing for enhance the efficiency or services of the BIG practiceASC740-10Understands and applies industry standards, along with firm policies and BDO Tax Quality Manual requirements as they relate to FAS 109 and FIN48Recognizes, measures and documents financial benefits to clients Strategy DevelopmentDevelops 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 benefitsResearches and implements new tax strategiesLeads marketing campaigns and external BIG initiativesOther duties as requiredSupervisory Responsibilities:Supervises the day-to-day work of STS BIG Managers, Senior Associates and Associates on assigned engagements and reviews work product Ensures STS BIG Managers, Senior Associates, Associates and Interns are trained on all relevant tax issues and softwareEvaluates and works effectively to enhance the performance of STS BIG Managers, Senior Associates and Associates and assists in the development of their professional goals and objectives Delivers frequent unofficial and periodic official performance feedback and completes performance evaluations for STS BIG Managers, Senior Associates, Associates and InternsActs as Career Advisor to STS BIG Managers, Senior Associates and Associates, as appropriateQualifications, Knowledge, Skills and Abilities:Education:Bachelor’s degree in Accounting, requiredMaster’s degree in Taxation, preferredJuris Doctorate (J.D.), preferredExperience:Ten (10) or more years of prior experience in Research & Development tax consulting, requiredPrior experience supervising tax professionals on a project or engagement basis, required Prior experience preparing and/or reviewing tax provisions, preferredPrior experience with corporate taxation, consolidations and partnerships, preferredLicense/Certifications:CPA certification or other relevant certification, preferredSoftware:Proficient in the use of Microsoft Office Suite, specifically Excel and WordExperience with tax related software and research databases such as Caseware, GoSystems, and other comparable programsLanguage:N/AOther Knowledge, Skills & Abilities:Excellent verbal and written communication skillsSuperior analytical and research skills Solid organizational skills especially ability to meet project deadlines with a focus on detailsAbility to successfully multi-task while working independently or within a group environmentProven 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 neededAbility 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 personnelExecutive presence and ability to act as primary contact on assigned engagementsAbility to successfully interact with professionals at all levelsAdvanced knowledge of appropriate application of tax standards to ensure effective and efficient delivery of tax servicesAdvanced 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 issuesIndividual 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:  $150,000 - $400,000NYC/Long Island/Westchester Range:  $150,000 - $400,000Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team.  BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions. We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on:Welcoming diverse perspectives and understanding the experience of our professionals and clientsEmpowering team members to explore their full potentialOur talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunitiesCelebrating ingenuity and innovation to transform our business and help our clients transform theirsFocus on resilience and sustainability to positively impact our people, clients, and communities*Benefits may be subject to eligibility requirements.Equal Opportunity Employer, including disability/vetsClick here to find out moreFull timePosting Date: 2024-04-11