Tax Senior Manager, Nonprofit

Job Summary:

The Tax Senior Manager, Nonprofit (Senior Manager) is responsible for advising clients on the tax implications of their business objectives, evaluating and selecting alternative actions to lessen tax burden and cost of compliance, and identifying different methods of complying with tax regulations while acting as the primary client contact for complex nonprofit tax issues. In this role, the Senior Manager is charged with applying knowledge to understand potential tax disclosure, exemption, and unrelated business income issues. This role is also responsible for recognizing, communicating potential risks and potential changes in the tax policy, and making top-level decisions regarding filing, preparation and resolution of questions from federal / state agencies. In addition, the Senior Manager is a critical member of the regional Nonprofit Tax team and actively participate in the marketing and networking within an area of expertise and specialization while maintaining client relationships and acting as the primary contact for complex questions. 

Job Duties:

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 BDO Tax Quality Manual (TQM)
• Conducts review of T/R’s and resolves all tax issues with client; involves specialists where appropriate
• Plans for early recognition of material tax and compliance issues and consults with the client and/or partner as appropriate
• Reviews Forms 990, 990-PF and 990-T workpapers and disclosure for audited financial statements
• 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 complex issues to be researched as needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis
• Involves firm specialists, as appropriate

Tax Consulting

• Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes
• Applies the combination of tax knowledge and knowledge of business/industry to recommend solutions
• Develops and implements a work plan to include/organize the Specialized Tax Services (STS) assistance on ongoing projects from client
• Serves as a technical resource to peers within the region
• Manages written or phone inquiries from federal and state agencies with little or no assistance
• Ensures client service teams comply with Firm policy; regarding Written Tax Advice (WTA)

Strategy Development

• Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing nonprofit tax benefits
• Reviews studies of tax implications and offers clients alternative courses of action
• Researches and implements nonprofit tax strategies, including experimentation with promising new strategies and ideas
• Identifies and leverages lessons learned on prior projects, and offers input on how to improve processes and methods

Other duties as required

Supervisory Responsibilities:

• Supervises RISE Nonprofit Tax Associates, Senior Associates, and Managers on all projects
• Reviews work prepared by Nonprofit Tax team, and provides review comments
• Trains Nonprofit Tax team on how to use all current software tools
• Acts as a Career Advisor to Nonprofit Tax Associates, Senior Associates, and Managers
• Schedules and manages workload of Nonprofit Tax Associates, Senior Associates, and Managers
• Prov