Tax Supervisor - Accounting Methods and
- McGladrey LLP
- Charlestown, Massachusetts
- Full Time
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, 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.
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,participatingin M&A structuring and diligence, writing of technical advice memorandums, researching technical filingpositionsand broadly interacting with both internal tax professionals and external client stakeholders.
Responsibilities:
Identification, project management, and initial 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
Manage delivery of AMP projects (typically automatic or advanced consent changes), including calculation of 481(a) adjustments, impact on tax provisions/reserves, and IRS exam support, while managing teams of 2-4 professionals
Understand financial accounting(GAAP; IFRS)and current financial accounting pronouncements
Reviewtechnical memoranda, legal basis disclosures,tax opinions, positions, andresponses to IRS inquiries and Ruling requests
Train, mentor,anddevelopprofessionals through formal mentorship roles and informal interactions
Foster collaborative relationships with colleagues byidentifyingopportunities to collaborate and integratewith other lines of business, promoting an integrated approachto client service
Coordinate with multiple teams to successfully deliver on advisory engagements, primarilyAMP in addition toFederal Credit & Incentives (FCI), Tangible Property Services (TPS), and Energy & Excise (E&E) analyses, as appropriate
Contribute asindustryexpert by keeping abreast of changes in industry regulation,maintaincompetency through continuing education and obtainingadditionalprofessional certifications
Minimum Qualifications
Bachelor's degree in businessrelated fields such as Accounting, Economics, or Finance or a Bachelor of Science that includes computer science, engineering,... For full info follow application link.
RSM is an equal opportunity/affirmative action employer. Minorities/Females/Disabled/Veterans.