Tax Director, State & Local Tax

State & Local Tax DirectorThe State & Local Tax Director role is instrumental in supporting Principals and the broader SALT practice through significant contributions to team development, maintaining key client relationships, and business development. The State and Local Tax Director role will drive goals of the practice through partnerships with Principals and Managing Directors and will demonstrate high standards of project management, technical thought leadership, and client-centricity.Job DutiesResearchIdentifies situations necessitating the need for additional research, and performs appropriate review of state specific statutory, regulatory and judicial guidance on the identified issueAnalyzes and applies client specific facts to published state guidance and determines where additional outreach is needed and develops a strategy for obtaining clarification where needed (e.g., informal consults with state taxing authority, formal letter ruling request, etc.)Prepares formal memoranda/matrices formalizing positions relative to state tax treatmentPartners with other Core Tax and Specialized Tax Services professionals to resolve complex and contentious state and local tax mattersTax ComplianceEnsures clients comply with applicable authorities while identifying filing obligations in all areas of SALT as well as options for minimizing the client's tax and reporting burdensEnsures timely and accurate filing of compliance engagementsIdentifies out of scope compliance areas in need of additional workstreams (e.g., nexus study, apportionment study, taxability study, etc.) and is able to communicate effectively to stakeholders relative to pricing and needTax ConsultingHandles all state and local agency inquiries regarding all tax issues and questionsDrafts responses to revenue agent/auditor questions and challengesMonitors implementations of work plans for tax consulting projectsProvides recommended solutions by combining tax knowledge and knowledge of business / industryTax ControversyRepresents clients before state and local taxing authorities on contested tax issuesResponds to all questions from state agenciesEnsures accurate and timely response to tax information requestsTax SpecializationActs as an industry expert in chosen industry to be a SALT subject matter expert in that industryIdentifies cross-selling opportunities with other BDO servicesActs as client relationship professional for SALT services provided to designated clientsDevelops tools and/or process improvements which allow for enhanced efficiency of SALT specific servicesAccounting for Income Taxes – SFAS109Reviews state tax provision workpapersUnderstands and applies industry standards, along with firm policies and BDO Tax Quality Manual requirements as they relate to ASC740 and ASC450 calculations and accrualsRecognizes, measures and documents the need for income tax and indirect tax related accrualsBusiness DevelopmentIdentifies, develops or implements solutions which reduce a client's State and Local Tax burdenParticipates in relevant industry groupsLeads marketing campaigns and external SALT initiativesCollaborates with Business Development team and other strategic parties to drive SALT service offeringsOther duties as requiredSupervisory Responsibilities:Supervises and reviews the day-to-day work product and utilization of SALT Senior Managers, Managers and Staff on assigned engagementsManages engagements to ensure engagement metrics are achieved including timely billing and DSO below 40 daysEnsures SALT Senior Managers, Managers and Staff are trained on all relevant tax softwareEvaluates the performance of SALT Senior Managers, Managers and Staff, and assists in the development of goals and objectives to enhance professional developmentDelivers timely performance feedback, and completes performance evaluations for SALT Senior Managers, Managers and StaffActs as Career Advisor to SALT Senior Managers, Managers and Staff, as appropriateQualifications, Knowledge, Skills, and Abilities:Education:Bachelor's degree required, focus in Accounting or Taxation, preferredMaster's degree in Accounting or Taxation, preferredJuris Doctorate, preferredExperience:Nine (9) or more years of prior SALT experience, requiredPrior experience supervising tax professionals on a project or engagement basis, requiredPrior experience preparing and/or reviewing tax provisions high, 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 Word, preferredExposure to and familiarity with standard tax applications and research tools, preferredOther Knowledge, Skills & Abilities:Excellent verbal and written communication skillsSuperior analytical and research skillsSolid organizational skills, especially the ability to meet project deadlines with a focus on detailsAbility to successfully multi-task while working independently or within a group environmentAbility to work in a deadline-driven environment and handle multiple projects simultaneouslyCapable of effectively managing a team of tax professionals, and delegating work assignments, as neededCapacity to build and maintain strong relationships with internal and client personnelAbility 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 filingsAdvanced 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: $99,750 - $262,500 Maryland Range: $99,750 - $262,500 NYC/Long Island/Westchester Range: $99,750 - $262,500