Tax Senior Manager - Accounting Methods and Periods

$137,700 - $276,700/Yr

RSM - Middle City West, PA

Full-time - Mid Level

Middle City West, PA

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 broadly interacting 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 oversee the identification, oversight, and technical review 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, and strategic method review projects. You will also oversee the delivery of AMP projects, including 481(a) adjustments, impacts on tax provisions/reserves, and IRS exam support, while managing teams of 2-5 professionals. Your role will require a strong understanding of financial accounting (GAAP; IFRS) and current financial accounting pronouncements. You will research and review tax advice, opinion, and position memorandums in conjunction with WNT team members, as well as review technical memoranda, legal basis disclosures, responses to IRS inquiries, and IRS Ruling requests. Additionally, you will contribute to service offering idea initiation and development in conjunction with WNT, and maintain competency through continuing education and obtaining additional professional certifications, focusing on at least two industries. You will also be responsible for identifying and pursuing AMP services for existing and prospective clients, collaborating with RSM's Growth Acceleration Teams, and building cross-team and cross-line-of-business relationships. Training, mentoring, developing, and growing RSM professionals from intern level up will be a key part of your responsibilities, as well as building rapport with RSM Managers, Sr. Managers, and Partners/Principals.

Responsibilities

• Provide tax consulting and advisory services around revenue recognition, expense 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.
• Oversee identification, oversight, and technical review of AMP projects.
• Manage delivery of AMP projects, including 481(a) adjustments and IRS exam support.
• Research and review tax advice, opinion, and position memorandums in conjunction with WNT team members.
• Review technical memoranda, legal basis disclosures, and responses to IRS inquiries.
• Contribute to service offering idea initiation and development in conjunction with WNT.
• Maintain competency through continuing education and obtaining additional professional certifications.
• Identify and pursue AMP services for existing and prospective clients.
• Build cross-team and cross-line-of-business relationships.
• Train, mentor, develop, and grow RSM professionals from intern level up.

Requirements

• Minimum B.A. or B.S. degree or equivalent from an accredited university.
• CPA or JD required.
• 8+ years of experience in public accounting with a proven track record of practice building and project management.
• Strong understanding of tax services for 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.

Nice-to-haves

• 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 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 while serving clients.