Credits and Incentives Tax Managing Director, State and Local Tax

Job Summary

The Tax Managing Director, State and Local Taxation is responsible for providing written tax advice to clients, evaluating and 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 Tax Managing Director, State and Local Taxation will be charged with marketing, networking and business development within their area of experience and specialization and maintaining key client relationships. Additionally, the Tax Managing Director, State and Local Taxation is a critical part of the office’s / region’s Tax Services leadership team, and will act as a source for guidance on complex tax questions and issues.

Job Duties

Research

Identifies all situations when research is necessary, and conducts appropriate investigation on identified topics

Analyzes researched facts and the sources utilized

Prepares studies of tax implications and outlines alternative courses of action to clients

Partners with other tax professionals to resolve complex and contentious matters

Tax Compliance

Ensures clients comply with applicable authorities while identifying options for minimizing the client’s tax and reporting burdens

Manages engagements to ensure engagement metrics are achieved

Collaborates with Business Development team and other strategic parties to drive sales tax compliance service offerings

Tax Consulting

Handles all inquiries from federal and state agencies regarding all tax issues and questions

Drafts responses to examiner questions and challenges

Monitors implementations of work plans for tax consulting projects

Provides recommended solutions by combining tax knowledge and knowledge of business / industry

Tax Controversy

Represents clients before any tax authority on contested issues

Responds to all questions from federal or state agencies

Tax Specialization

Acts as industry expert in SALT

Identifies cross-selling opportunities with other tax specializations

Manages SALT services provided to assigned clients

Develops tools and/or improvements allowing for enhance the efficiency or services of the SALT practice

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

Recognizes, measures and documents financial benefits to clients

Strategy Development

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

Participates in relevant industry groups

Leads marketing campaigns and external SALT initiatives

Other duties as required

Supervisory Responsibilities

• Supervises the day-to-day workload of SALT Senior Managers, Managers and Staff on assigned engagements, and reviews work product
• Ensures SALT Senior Managers, Managers and Staff are trained on all relevant tax software

Evaluates the performance of SALT Senior Managers, Managers and Staff, and assists in the development of goals and objectives to enhance professional development

Delivers periodic performance feedback, and completes performance evaluations for SALT Senior Managers, Managers and Staff

Acts as Career Advisor to SALT Senior Managers, Managers and Staff, as appropriate

Qualifications, Knowledge, Skills and Abilities

Education

Bachelor’s degree in Accounting or other relevant field, required

Master’s degree in Accounting, Taxation or other relevant field, preferred

Juris Doctorate, preferred

Experience

Ten (10) or more years of prior SALT experience, required

Prior experience supervising tax professionals on a project or engagement basis, required

Prior experience preparing and/or reviewing tax provisions, highly 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, preferred
• 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 the ability to meet project deadlines with a focus on details

Ability to successfully multi-task while working independently or within a group environment

Ability to work in a deadline-driven environment and handle multiple projects simultaneously

Capable of effectively 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.

• National Range: $157,500 - $420,000

Maryland Range: $157,500 - $420,000

NYC/Long Island/Westchester Range: $157,500 - $420,000

Washington DC Range: $157,500 - $420,000

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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