Job Summary
JOB DESCRIPTION
The Digital Assets Tax Manager assists in providing tax compliance & consulting services to the following clients: Lab companies doing protocol launches NFT creators, stablecoins, infrastructure companies that do mining and staking, exchanges, fintech companies, and corporations engaging with crypto/blockchain solutions. In this role, the Digital Assets Tax Manager is charged with applying knowledge to understand potential tax issues and recognizing and communicating potential risks and potential changes in the tax policy. In addition, the Digital Assets Tax Manager is involved in the marketing, networking, and business development within an area of expertise and specialization and may be asked to provide written tax advice to clients.
Job Duties
Tax Compliance
- Ensures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (“TQM”)
- Applies understanding of client’s unique set of circumstances, documentation, and/or other requirements mandated by law and prepares required filings (tax returns) using a system of review and documentation to ensure that the client is in full compliance, while keeping the client’s tax and reporting burden’s as low as possible
- Ensures all data needed to comply with filing requirements are collected
- Identifies and properly communicates missing items to prepare return
- Utilizes Firm compliance software to maximize efficiency in tax prep process
- Collaborates with Principals, Tax Seniors, and Associates on completion of project (follow-up with Open items list)
- Delivers high quality federal, state, and international tax compliance services
- Leads complex engagements with a team of tax professionals
- Manages the engagement including billing, collections, and the budget for projects
- Builds and manages client relationships
- Ensures/Documents client work and conclusions in the client tax file
Research
- Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis
- Applies most Firm and professional standards for preparation of WTA and tax returns
- Involves firm specialists, as appropriate
Tax Consulting
- Assists with identifying, developing, recommending, and implementing efficient and effective tax strategies
- Leads clients with legal entity structuring, token genesis events, deal analysis, revenue recognition, sourcing, and implementation of clients’ tax objectives
- Prepares and leads client meetings on advisory and compliance projects related to tax planning opportunities, and the tax implications of various transactions to the organization
Tax Specialization
- Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation, e.g., compliance, provision, corporate, partnership, state and local, international, structuring, mergers and acquisitions
- May be required to organize and conduct effective internal CPE training sessions in area of specialization, involving Firm specialists
Supervisory Responsibilities
Other duties as required
- Supervises Associates and Senior Associates on all projects
- Reviews work prepared by Associates and Senior Associates and provide review comments
- Trains Associates and Seniors how to use all current software tools
- Acts as a Career Advisor to Associates and Senior Associates
- Schedules and manages workload of Associates and Senior Associates
- Provides verbal and written performance feedback to Associates and Senior Associates
Education
Qualifications, Knowledge, Skills, and Abilities:
- Bachelor’s Degree, required; focus in Accounting, Finance, Economics, or Statistics, preferred
- Master’s Degree in Accounting or Taxation, preferred
Experience
- Five (5) or more years of relevant tax experience and/or public accounting, private industry accounting, or consulting/professional services experience, required
- Prior supervisory experience, required
- Blockchain and Cryptocurrency industry experience supporting lab companies, NFT creators, stablecoins, infrastructure companies that do mining and staking, exchanges, fintech companies, and corporations engaging with crypto/blockchain solutions, preferred
License/Certifications
- 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
- Possession of other professional degrees or certifications applicable to role, preferred
Software
- Experience with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat, preferred
- Experience with tax research databases, preferred
- Proficient in tax compliance process software, preferred
Other Knowledge, Skills, & Abilities
- Superior verbal and written communication skills
- Ability to effectively delegate work as needed
- Strong analytical, research and critical thinking skills as well as decision-making skills
- Capacity to work well in a team environment
- Capable of developing and managing a team of tax professionals
- Ability to compose written tax advice
- Capable of effectively developing and maintaining client relationships
- Executive presence and ability to act as primary client contact for preparation and presentation of issues and resolutions to clients
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.
California Range: $112,000 - $165,000
Massachusetts Range: $115,000 - $140,000
About Us
Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world.
At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.
BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions.
We Are Committed To Delivering Exceptional Experiences To Middle Market Leaders By Sharing Insight-driven Perspectives, Helping Companies Take Business As Usual To Better Than Usual. With Industry Knowledge And Experience, a Breadth And Depth Of Resources, And Unwavering Commitment To Quality, We Pride Ourselves On
- Welcoming diverse perspectives and understanding the experience of our professionals and clients
- Empowering team members to explore their full potential
- Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities
- Celebrating ingenuity and innovation to transform our business and help our clients transform theirs
- Focus on resilience and sustainability to positively impact our people, clients, and communities
- BDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more!
- Benefits may be subject to eligibility requirements.
Equal Opportunity Employer, including disability/vets
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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
"BDO USA, P.A. is an EO employer M/F/Veteran/Disability"