Sales & Use Tax Managing Director - SALT

at BDO USA, LLP in Chicago, Illinois, United States

Job Description

Job Summary:
A STS SALT Sales & Use Tax Managing Director is responsible for advising and providing written tax advice to clients of the sales & use tax implications relating to their business objectives, evaluating alternate courses of action to lessen tax burden and cost of compliance, recognizing potential tax risks, and identifying potential changes in the sales & use tax statutes, policies, and regulations. In this role, the STS SALT Sales & Use Tax Managing Director will be charged with marketing, networking and business development within his/her area of experience and specialization and maintaining key client relationships. In addition, the STS SALT Sales & Use Tax Managing Director 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 complex sales & use tax situations when research is necessary providing an outline of the issue(s) and the appropriate source of research to be conducted
Analyzes researched facts and the sources utilized prior to composing a detailed report or preparing a taxability matrix of the research findings
Develops relationships with in-state and out of state Department of Tax (DOT)/Department of Revenue (DOR) personnel
Tax Compliance
Conducts detailed reviews of sales & use tax returns with the ability to identify most significant sales & use tax issues
Evaluate company's current compliance processes and provide customized and automated solutions for companies to report their sales & use tax obligations
Tax Consulting
Drafts tax memorandums, tax opinions and other documentation on various sales & use tax issues
Conduct review of client operations to determine states where sales & use tax return should be filed
Review client records to determine if proper resale and exemption certificates are maintained and develop procedures for retaining proper resale and exemption certificates
Applies all applicable state tax consulting sub-specialties and confers with other STS professionals when appropriate
Ensures tax engagement letters are adopted prior to engagement work commencing and manages engagements
Assists in the development of consultative sales & use tax strategies
Manages the expectations of assigned clients
Tax Controversy
Drafts responses to notices from state taxing authorities
Repreqsents clients before any tax authority on contested sales & use tax issues
Provides assistance with exam support
Tax Related Software
Utilizes sales & use tax research databases and other sales & use tax-related software in the completion of assigned tasks
Tax Specialization
Provides technical client service to multi-state companies with sales & use tax issues
Conducts negotiation of settlements and voluntary disclosure agreements on sales and use tax matters
Drafts technical memoranda regarding sales & use tax issues
ASC 450/FAS 5
Understands and applies industry standards, along with firm policies and BDO Tax Quality Manual requirements as they relate to ASC 450/FAS 5 for sales & use tax contingencies
Strategy Development
Reviews studies of sales & use tax implications to identify alternative courses of actions to benefits clients
Develops new or improved ideas to advance the position of clients through reduction in sales & use taxes or expenses or offering of non-tax benefits
Assist with researching potential sales & use tax strategies
Suggests marketing approaches for new client acquisition
Other duties as required
Supervisory Responsibilities:
Supervises the day-to-day workload of STS SALT Senior Managers, Managers, Senior Associates, and Associates on assigned engagements and reviews work product
Ensures STS SALT Senior Managers, Managers, Senior Associates, Associates and Interns are trained on all relevant tax software
Evaluates the performance of STS SALT Managers, Senior Associates and Associates and assists in the development of goals and objectives to enhance professional development
Delivers periodic performance feedback and completes performance evaluations for STS SALT Senior Managers, Managers, Senior Associates, Associates and Interns
Acts as Career Advisor to STS SALT Senior Managers, Managers, Senior Associates, and Associates, as appropriate
Other duties as required
Qualifications, Knowledge, Skills and Abilities
Education:
Bachelors degree in Accounting or other relevant field required
Masters degree in Accounting/Taxation or J.D. preferred
Experience:
Ten + years of prior experience in state and local/multistate experience required
Prior experience supervising tax professionals on a project or engagement basis required
Prior experience... For full info follow application link.

All qualified applicants will receive consideration for employment without regard to race, age, color, religion, sex, national origin, disability, protected veteran status, or any other classification protected by law.