Tax Supervisor

The Tax Supervisor is responsible for utilizing research skills, applying tax foundational knowledge to understand potential tax issues, gathering client information necessary for filing, participating in tax planning, recognizing and communicating potential risks, preparing tax accrual work papers, and working with tax software applications to complete tax returns for review. The Supervisor is also responsible for coordinating with the manager and principal and then advising clients on the tax implications of their business objectives, evaluating and selecting alternative actions to lessen tax burden and cost of compliance, identifying different methods of complying with tax regulations while acting as the primary client contact for complex tax issues. In this role, the Tax Supervisor is charged with applying knowledge to understand potential tax issues and recognizing and communicating potential risks and potential changes in the tax policy. In addition, the Tax Supervisor will be involved in growing their marketing, networking and business development within an area of expertise and specialization and may be asked to provide written tax advice to clients.

Responsibilities

Tax Compliance

• Ensures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the Rea's tax quality control policies

• Conducts top level review of T/R and resolves all tax issues with client; involves specialists where appropriate

• Communicates with client and Assurance any issues identified in tax accrual reviews

• Plans and reviews the tax process and the procedures to be performed to include:

• Budgeting and staffing

• Monitoring engagement process and actual time incurred vs. budget with assistance of Senior

• Timely billing including management of identified out-of-scope activity and communication to client

• Timely collection of A/R

• Manages client relationships/expectations in accordance with the project

• Provides advice to clients in a timely manner

Research

• Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis

• Applies most Firm and professional standards for preparation of WTA ("Written Tax Advice") and tax returns

• Involves firm specialists, as appropriate

ASC 740-10 (FAS 109 and FIN 48) Tax Accruals

• Correctly and proactively applies Firm policies, standards, and Rea's tax quality control policies regarding FAS 109 and FIN 48

• Applies, correctly and proactively, ASC 740-10, and Firm policies, standards, and BDO TQM regarding them

• Explains and discusses components of the income tax provision and uncertain tax positions to the client as well as other complexities surrounding ASC 740-10

• Communicates with Assurance counterparts to timely plan tax accrual reviews, including budget, scope and delivery dates

• Utilizes and manages STS (specialized tax services), as needed

• Prepares provision workpapers and discusses with the appropriate team members

• Identify and discuss uncertain positions with team members

• Review & prepare footnote disclosures in compliance with 740-10-55

Tax Consulting

• Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients' current and future taxes

• Considers the applicability of CTS (core tax services) and STS consulting specialties for each client

• Develops and implements a work plan to include/organize the STS assistance on ongoing projects from client

• Serves as a technical resource

• Ensures client service teams comply with Firm policy; regarding Written Tax Advice ("WTA")

• Provides effective assistance with exam support

• Frames projects and issues for effective delegation to seniors and associates

• Identifies consulting opportunities to reduce client's tax liability

• Provides efficient and effective support for client consulting projects

• Gathers relevant information for controversy work, efficiently and effectively

• Documents all significant tax positions, clearly, correctly, and in accordance with Firm and office policies (by creating memorandums to the files - Tax issues Memos) and ensures that proper documentation is archived to GoFileRoom

Supervisory Responsibilities

• Supervises associates, senior associates and supervisors on all projects

• Reviews work prepared by associates, senior associates and supervisors and provide review comments

• Trains Associates, Seniors and Supervisors how to use all current software tools

• Acts as a Career Advisor to associates, senior associates and supervisors

• Schedules and manages workload of associates, senior associates and supervisors

• Provides verbal and written performance feedback to associates, senior associates and supervisors

Requirements

Education:

• Bachelor's degree in accounting or other relevant field required

• Master's degree in accounting beneficial, Master's degree in taxation beneficial

Experience:

• Four (4) to Five (5) years of prior experience

• Experience with corporate taxation, consolidations, and partnerships preferred

• Prior supervisory experience required
• Experience with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat
• Experience with tax research databases such as BNA and RIA Proficient in all tax compliance process software including GoFileRoom, FirmFlow, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers
• Superior verbal and written communication skills
• Ability to effectively delegate work as needed
• Strong analytical, research and critical thinking skills as well as decision-making skills
• Capacity to work well in a team environment
• Capable of developing and managing a team of tax professionals
• Ability to compose written tax advice
• Capable of effectively developing and maintaining client relationships
• Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients

Licenses/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

• Possession of other professional degrees or certifications applicable to role beneficial

Travel:

• Travel to clients sites and offices as needed

Benefits

Rea offers a wide variety of benefits to help support our employees' health, wellness and financial goals.

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k)
• Life Insurance (Basic, Voluntary & AD&D)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Family Leave (Maternity, Paternity)
• Short Term & Long Term Disability
• Training & Development
• 'Work From Anywhere' option
• Wellness Resources
• Four (4) weeks PTO
• Twelve (12) paid holidays, of which three (3) are floating holidays