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Tax Managing Director, ASC 740

BDO USAPhiladelphia, Pennsylvania, United StatesFull time
$185k – $350kPosted 1+ months ago
Private ClientIndirect / VAT
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Role description

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Job Summary

The ASC 740 Managing Director is responsible for leading the delivery of income

tax accounting and reporting services in accordance with ASC 740 for a diverse

client base, overseeing complex tax provision engagements, providing technical

guidance on income tax accounting matters, and ensuring compliance with relevant

standards while acting as a primary client contact for complex ASC 740 matters.

In this role, the Managing Director is charged with developing and maintaining

client relationships, managing engagement teams, and contributing to business

development initiatives. In addition, the Managing Director is responsible for

mentoring staff, driving process improvements, ensuring quality standards are

met, and collaborating with firm leadership to advance the ASC 740 practice. The

Managing Director stays current on regulatory changes and industry trends to

provide clients with proactive, value-added insights.

Job Duties

  • Oversees the preparation and review of income tax provisions in accordance

with ASC 740 for public and/or private clients

  • Provides technical guidance on complex tax accounting issues, including

uncertain tax positions, valuation allowances, and deferred tax

assets/liabilities

  • Leads and manages multiple client engagements, ensuring quality, timeliness,

and compliance with professional standards

  • Develops and maintains strong client relationships, serving as a primary

point of contact for ASC 740 matters

  • Supports business development efforts, including proposal development and

client presentations

  • Mentors, trains, and evaluates staff and senior team members within the ASC

740 department

  • Collaborates with other service lines and firm leadership to deliver

integrated solutions to clients

  • Monitors regulatory and industry developments related to income tax

accounting and communicates relevant updates to clients and internal teams

  • Drives process improvements and implements best practices within the ASC 740

practice

  • Other duties as required

Qualifications, Knowledge, Skills and Abilities

Education

  • Bachelors degree required; major in Accounting, Finance, Economics or

Statistics preferred

  • Masters degree in Accounting or Taxation preferred

Experience

  • Ten (10) or more years of experience in income tax accounting and reporting

under ASC 740, required

  • Experience in managing the process of preparing and auditing ASC740

computations for both privately held and/or publicly traded clients,

required

  • Prior supervisory experience, required
  • Multinational client 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), required

Software

  • Proficiency in Microsoft Office Suite, required
  • Experience with tax provision software (such as OneSource Tax Provision),

preferred

  • Experience with tax research databases such as BNA and RIA Proficient in all

tax compliance process software including GoFileRoom, GoSystemRS, Caseware,

BNA Depreciation Software, or comparable programs and standard tax

workpapers, preferred

Language

  • N/A

Other Knowledge, Skills & Abilities

  • Advanced knowledge of ASC 740 and related tax accounting standards
  • Strong analytical, problem-solving, and research skills
  • Superior written and verbal communication skills
  • Ability to manage multiple priorities and deadlines in a fast-paced

environment

  • Strong leadership and able to develop and manage a team of tax professionals
  • Ability to effectively delegate work as needed
  • Ability to compose written tax advice
  • Demonstrated business development and client relationship management skills
  • Executive presence and ability to act as primary client contact for

preparation and presentation of issues and resolutions to clients

  • Ability to travel as needed

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.

Maryland Range: $185,000 - $260,000

Massachusetts Range: $215,000 - $300,000

New Jersey Range: $190,000 - $350,000

NYC/Long Island/Westchester Range: $230,000 - $350,000

Washington DC Range: $190,000 - $300,000

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

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*Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability/vets

Click here to find out more

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