Unclaimed Property Tax Manager, State And Local Tax

Job Summary

The Tax Manager, State and Local Tax - Unclaimed Property, is responsible for advising clients of the tax implications and other accounting related matters that affect their business objectives, with an emphasis on unclaimed property compliance and consulting. This is a very unique role that will allow a chosen professional the ability to use their tax and/or accounting skills (e.g., project management, reconciliation skills, financial auditing skills, accounting skills, problem solving skills, internal controls, process/system enhancement etc.) in a consultative capacity where sporadic data sets are obtained analyzed and modeled. The SALT Manager, Unclaimed Property, will recommend alternate courses of action, as well as identify different methods of complying with unclaimed property statutes and regulations. In this role, the person will be charged with project management, presentations to clients and states, coordinating compliance, audit defense and VDAs and other consulting engagements, managing client expectations and deliverables, marketing, networking and business development and recognizing potential changes in unclaimed property policy and applying new policies to compliance and consulting engagements. In addition, the SALT Manager, Unclaimed Property, will work with the Core Tax and Audit Partners, Directors, and Senior Managers to provide SALT expertise to their clients.

Job Duties

• Research:
  • Identifies complex situations when research is necessary providing an outline of the issue(s) and the appropriate source of research to be conducted
  • Analyzes researched facts and the sources utilized prior to composing a detailed report of the research findings
  • Develops relationships with in-state and out of state Department of Tax (DOT)/Department of Revenue (DOR) personnel, Department of Treasury, etc.
  • Routinely keeps abreast of latest relevant unclaimed property statutory, regulatory and case law changes
• Unclaimed Property Compliance:
  • Obtains and manipulates data from client to use in preparation of annual escheat returns
  • Uses FSI Track, BDO Global Portal and other systems for data gathering
  • Imports data into FSI Track and prepares returns
  • Identifies appropriate B2B and other exemptions/deferrals
  • Performs reconciliations on data gathered to data reported
  • Composes responses to notices from state authorities
  • Assists with due diligence letter processing
  • Assists with client payment processing
  • Provides assistance with exam support
  • Communicates routinely with clients and UP team members
• Unclaimed Property Consulting:
  • Drafts memorandums, opinions and other documentation on various escheat issues
  • Determines escheat planning process
  • Develops policy and procedures, address internal controls
  • Represents clients on unclaimed property audits, mitigating exposures and assisting with best practices
  • Represents clients on voluntary disclosures mitigating exposures and assisting with best practices
  • Assists with identifying gift card planning opportunities and implementation
  • Conducts client interviews, onsite visits, workplans, etc.
  • Reviews general ledger detail, banking records, and other relevant source data for escheat items
  • Prepares and reviews scheduling decks of sporadic data into Unclaimed Property templates for analysis
  • Assists clients with remediation procedures (e.g., showing transactions are not owed)
  • Develops exposure quantification models to calculate escheat exposures
  • Assists with client refund review process
  • Applies all applicable state tax consulting sub-specialties and confers with other Tax professionals when appropriate
  • Ensures escheat engagement letters are adopted prior to engagement work commencing and manages engagements
  • Assists in the development of consultative selling strategies
  • Responsible for achieving/assisting with securing a $250k - $350k+ annual business development goal
  • Responsible for achieving 3-5 annual new business leads
  • Routinely updates CRM entries
  • Actively involved in relevant trade organizations and public speaking, networking events
  • Manages the expectations of assigned clients
  • Oversees and project manages multiple clients and projects simultaneously
• Unclaimed Property Controversy:
  • Represents clients before any tax authority on contested issues
• Unclaimed Property Related Software:
  • Utilizes FSI track, tax research databases and other tax-related software in the completion of assigned tasks
  • Maintains working knowledge of various GL systems (SAP, Oracle, JD Edwards, AS/400, Epicor, etc.)
  • Participates in learning and executing technology enhancements for unclaimed property group
• Other duties as required

Supervisory Responsibilities

• Supervises the day-to-day workload of SALT Senior Associates and Associates on assigned engagements and reviews work product
• Ensures SALT Senior Associates, Associates and Interns are trained on all relevant software
• Evaluates the performance of SALT, Senior Associates and Associates and assists in the development of goals and objectives to enhance professional development
• Delivers periodic performance feedback and completes performance evaluations for SALT Senior Associates, Associates and Interns
• Acts as Career Advisor to SALT Senior Associates and Associates, as appropriate

Qualifications, Knowledge, Skills and Abilities

• Education: Bachelor’s degree, required; focus in Accounting, preferred
• Experience: Five (5) or more years of prior experience in tax, financial statement auditing, internal auditing or forensic accounting in a public accounting firm or in-house organization required; Prior supervisory experience, required
• License/Certifications: CPA certification - CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent (“EA”) (or the equivalent of one of these designations), required
• Software: Proficient in the use of Microsoft Office Suite, specifically Excel and Word, required; Experience with Power BI, Alteryx, and other software, preferred
• Language: N/A
• Other Knowledge, Skills & Abilities: Excellent verbal and written communication skills; Superior analytical and research skills; Solid organizational skills especially ability to meet project deadlines with a focus on details; Ability to successfully multi-task while working independently or within a group environment; Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously; Capable of effective managing a team of tax professionals and delegating work assignments as needed; Capacity to build and maintain strong relationships with internal and client personnel; Ability to encourage team environment on engagements and contribute to the professional development of assigned personnel; Executive presence and ability to act as primary contact on assigned engagements; Ability to successfully interact with professionals at all levels; Advanced knowledge of appropriate application of tax standards to ensure effective and efficient delivery of tax services; Advanced knowledge of sources of relevant information utilized in tax filings; Advanced knowledge and understanding of cause / effect for taxable conditions on clients and the potential tax issues

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.

National Range: $95,000 - $160,000
Maryland Range: $95,000 - $160,000
NYC/Long Island/Westchester Range: $95,000 - $160,000