Tax Experienced Associate - Accounting Methods and Periods

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Are you looking for a change? We have an opportunity to leverage your federal tax experiences to elevate your career, by joining the tax accounting methods advisory team. As a member of our Credits, Incentives and Methods (CIM) group, you will be responsible for providing tax consulting and advisory services around the timing of recognizing revenue, expense, capitalization, cost recovery and inventory accounting – whether based on regulatory change, tax planning/optimization, liquidity or preparation for a transaction. These services include accounting method reviews, the filing of accounting method or period changes, participating in M&A structuring and diligence, writing of technical advice memorandums, researching technical filing positions and broadly interacting with both internal tax professionals and external client stakeholders. 

You will be responsible for the following job duties which are focused around two core concepts:  your technical and quality expertise and delivering excellent client service:

• Supervision of AMP project delivery supported by regional and Washington National Tax office (WNT) AMP specialists, including overall changes, revenue recognition, expense recognition, inventory/UNICAP, Section 174 R&E expenditures, tax impact of ASC 842, qualified small business taxpayers, and cost recovery tax accounting method changes

• Overseeing, mentoring, and project managing a team of subordinates (interns, associates, rotators)

• Develop an understanding of client's business and become a "functional expert" in the area

• Research and write tax advice, opinion, and position memorandums

• Assist with drafting technical memoranda, legal basis disclosures, responses to IRS inquiries, and IRS Ruling requests

• Assist in managing and implementing multiple projects simultaneously, which include technical discussions with clients, computations, analysis, data gathering, and coordination of resources

• Provides timely, high quality client service that meets or exceeds client expectations

• Ensures professional development through ongoing education and obtaining additional certifications as appropriate

• Help drive the success of multiple CIM engagements, primarily related to AMP in addition to other Federal Credit or Incentives studies (FCI) and Tangible Property Services (TPS), as appropriate

• Contribute as industry expert by keeping abreast of changes in industry regulation, maintain competency through continuing education and obtaining additional professional certifications 

Basic Qualifications:

• Minimum B.A. or B.S. degree or equivalent from an accredited university

• Intermediate skills in Microsoft business suite

• Ability to travel up to 20% of the time (when COVID-19 travel restrictions are no longer in place)

• Ability to work effectively on a team

• Ability to work and multitask in a fast-paced environment 

Preferred Qualifications:

• Professional certification as CPA or state bar admission

• 1-2 years of experience working with tax accounting methods and inventory

• Masters in Accounting or other business related field; MBA, MST, JD/LLM

• Excellent written and verbal communication skills 

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

As an Affirmative Action and Equal Opportunity Employer all appl