Tax Senior Manager - Accounting Methods and Periods

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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. 

As a member of our Credits, Incentives, & Methods (CIM) group, working specifically with tax Accounting Methods & Periods (AMP) team, you will be responsible for the following advisory duties which are focused around two core concepts:  your technical and quality expertise and delivering excellent client service:

• Identification, oversight, and technical review of AMP projects, supported by Washington National Tax office (WNT) AMP specialists, including overall changes, revenue recognition, expense recognition, inventory/UNICAP/LIFO, capitalization/cost recovery, Section 174 R&E expenditures, leasing engagements, strategic method review projects, and impacts of transactions/mergers on methods

• Oversee delivery of AMP projects (typically automatic or advanced consent changes), including 481(a) adjustments, impact on tax provisions/reserves, and IRS exam support, while managing teams of 2-5 professionals

• Understand financial accounting (GAAP; IFRS) and current financial accounting pronouncements

• Research and review tax advice, opinion, and position memorandums in conjunction with WNT team members

• Review technical memoranda, legal basis disclosures, responses to IRS inquiries, and IRS Ruling requests in conjunction with WNT team members

• Service offering idea initiation and development in conjunction with WNT

• Contribute as industry expert by keeping abreast of changes in industry regulation, maintain competency through continuing education and obtaining additional professional certifications, with a major/minor focus in at least two industries

• Identification and pursuit of AMP services for existing and prospective clients, collaborating with RSM’s Growth Acceleration Teams

• Cross-team, and cross-line-of-business relationship building, collaboration, and identification of service areas in conjunction with RSM’s Enterprise Account Leaders

• Train, mentor, develop, and grow RSM professionals from intern level up

• Build rapport with RSM Managers, Sr. Managers and Partners/Principals

Basic Qualifications:

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

• CPA or JD required

• 8+ or more years of experience in public accounting, with a proven track record of practice building and project management with a strong understanding and the experience or ability to effectively identify, sell and deliver tax services to middle-market business clients

• Strong verbal and written communication skills with the ability to articulate complex information 

• Ability to travel to client sites, which may include overnight accommodations – up to 25% of the time

• Ability to effectively collaborate amongst team, client service teams, and client teams

Preferred Qualifications:

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

• 5+ years of experience working with tax accounting methods and inventory

• Experience working for national accounting firm in a specialized practice area

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