Tax Managing Director, State and Local Tax - Sales & Use Tax

Tax Managing Director, SALT - Sales & Use Tax

The Tax Managing Director, SALT - Sales & Use Tax is responsible for advising and providing written tax advice to clients regarding the sales & use tax implications relating to their business objectives. This role involves 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 addition, the Tax Managing Director, SALT - Sales & Use Tax will be charged with marketing, networking, and business development within their area of experience and specialization and maintaining key client relationships. This position 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. The job duties include :

• Researching complex sales & use tax situations and providing an outline of the issue(s) and the appropriate source of research to be conducted.
• Analyzing researched facts and the sources utilized prior to composing a detailed report or preparing a taxability matrix of the research findings.
• Developing relationships with in-state and out of state Department of Tax (DOT) / Department of Revenue (DOR) personnel.
• Conducting detailed reviews of sales & use tax returns with the ability to identify most significant sales & use tax issues.
• Evaluating company's current compliance processes and providing customized and automated solutions for companies to report their sales & use tax obligations.
• Drafting tax memorandums, tax opinions, and other documentation on various sales & use tax issues.
• Conducting review of client operations to determine states where sales & use tax return should be filed.
• Reviewing client records to determine if proper resale and exemption certificates are maintained and developing procedures for retaining proper resale and exemption certificates.
• Applying all applicable state tax consulting sub-specialties and conferring with other STS professionals when appropriate.
• Ensuring tax engagement letters are adopted prior to engagement work commencing and managing engagements.
• Assisting in the development of consultative sales & use tax strategies.
• Managing the expectations of assigned clients.
• Drafting responses to notices from state taxing authorities.
• Representing clients before any tax authority on contested sales & use tax issues.
• Providing assistance with exam support.
• Utilizing sales & use tax research databases and other sales & use tax-related software in the completion of assigned tasks.
• Providing technical client service to multi-state companies with sales & use tax issues.
• Conducting negotiation of settlements and voluntary disclosure agreements on sales and use tax matters.
• Drafting technical memoranda regarding sales & use tax issues ASC 450 / FAS 5.
• Understanding and applying 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.
• Reviewing studies of sales & use tax implications to identify alternative courses of actions to benefit clients.
• Developing new or improved ideas to advance the position of clients through reduction in sales & use taxes or expenses or offering of non-tax benefits.
• Assisting with researching potential sales & use tax strategies.
• Suggesting marketing approaches for new client acquisition.

Other duties as required. Supervisory responsibilities include supervising the day-to-day workload of STS SALT Senior Managers, Managers, Senior Associates, and Associates on assigned engagements and reviews work.