Tax Manager - Accounting Methods and Periods

$97,200 - $183,700/Yr

RSM - McLean, VA

Full-time - Mid Level

McLean, VA

Professional, Scientific, and Technical Services

About the position

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 responsibilities will include conducting accounting method reviews, filing accounting method or period changes, participating in M&A structuring and diligence, writing technical advice memorandums, researching technical filing positions, and interacting broadly with both internal tax professionals and external client stakeholders. In this position, you will focus on two core concepts: your technical and quality expertise and delivering excellent client service. You will identify, manage, and conduct initial technical reviews of AMP projects, supported by Washington National Tax office (WNT) AMP specialists. This includes managing overall changes, revenue recognition, expense recognition, inventory/UNICAP/LIFO, capitalization/cost recovery, Section 174 R&E expenditures, leasing engagements, strategic method review projects, and understanding the impacts of transactions and mergers on methods. You will also manage the delivery of AMP projects, including the calculation of 481(a) adjustments, the impact on tax provisions/reserves, and IRS exam support, while overseeing teams of 2-4 professionals. Your role will require a strong understanding of financial accounting (GAAP; IFRS) and current financial accounting pronouncements. You will be responsible for researching and writing tax advice, opinion, and position memorandums, drafting and reviewing technical memoranda, legal basis disclosures, responses to IRS inquiries, and IRS Ruling requests. Additionally, you will identify and pursue AMP services for existing and prospective clients, collaborating with RSM's Growth Acceleration Teams and building relationships across teams and lines of business. Training, mentoring, and developing AMP professionals will also be a key aspect of your role.

Responsibilities

• Provide tax consulting and advisory services around revenue and expense recognition, capitalization, cost recovery, and inventory accounting.
• Conduct accounting method reviews and file accounting method or period changes.
• Participate in M&A structuring and diligence.
• Write technical advice memorandums and research technical filing positions.
• Interact with internal tax professionals and external client stakeholders.
• Manage delivery of AMP projects, including calculation of 481(a) adjustments and IRS exam support.
• Understand financial accounting (GAAP; IFRS) and current financial accounting pronouncements.
• Research and write tax advice, opinion, and position memorandums.
• Draft and review technical memoranda and legal basis disclosures.
• Issue spot and pursue AMP services for existing and prospective clients.
• Build rapport with RSM Managers, Sr. Managers, and Partners.
• Train, mentor, develop, and grow AMP professionals.

Requirements

• Minimum B.A. or B.S. degree or equivalent from an accredited university.
• CPA or JD required.
• 5+ years of experience in public accounting with a proven track record of project management and mentorship.
• Strong verbal and written communication skills with the ability to articulate complex information concisely.
• 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.

Nice-to-haves

• Masters in Accounting, Tax, or other related field; MBA, JD/LLM.
• 3+ years of experience working with tax accounting methods and inventory.
• Experience working for a national accounting firm in a specialized practice area.

Benefits

• Competitive benefits and compensation package.
• Personalized, holistic programming for physical, emotional, financial, and community wellbeing.
• Generous time off policy with at least 14 paid holidays and wellbeing days.
• Access to self-managed time off for associates and above.
• Flexibility in schedule to balance life's demands.