RSM - Washington, DC
posted 3 months ago
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. This role is crucial in navigating regulatory changes, tax planning, optimization, liquidity, and preparation for transactions. Your services will encompass accounting method reviews, filing of accounting method or period changes, participating in M&A structuring and diligence, writing technical advice memorandums, researching technical filing positions, and broadly interacting with both internal tax professionals and external client stakeholders. The accounting methods and periods practice is seeking an experienced candidate to join our group in a manager-level position. This position will provide technical support for tax-saving and risk mitigation opportunities, work with industry-specific teams across the country and globally to identify and develop strategies around emerging technical issues, and train RSM professionals on accounting methods. In addition to strong tax technical capabilities, the candidate should be prepared to describe training and development skills, project management skills, and collaboration skills across geographies and experience levels. Specific responsibilities will include researching, addressing, and consulting on technical issues specific to revenue and cost recognition, inventory, capitalization, and cost recovery. You will monitor guidance issued by the Internal Revenue Service/Department of the Treasury and new legislation relevant to tax accounting. Additionally, you will lead the development of thought leadership and technical training, partner with other RSM professionals to introduce and discuss planning opportunities and strategies with external clients, and integrate with specific tax and industry leaders to identify emerging or relevant technical issues. A quality review of Form 3115 - Application for Change in Accounting Method will also be part of your responsibilities.