Rea · 2 months ago
Senior Tax Associate
Cleveland, Ohio, United States
Full-time
Onsite
Senior LevelRea is a growing Top 100 business advisory & accounting firm providing services in tax, accounting, and business consulting. The Senior Tax Associate plays a key role in supporting tax compliance and planning, utilizing research skills to identify tax issues and manage client information while also supervising junior team members.
ConsultingFinancial ServicesLegal
Responsibilities
Applies knowledge and understanding of the collective effect of various factors on establishing or enhancing effectiveness, or mitigating the risks, of specific policies and procedures by:
Applying knowledge of transactional flow and key transactional cycles to complete audit work
Documenting, validating and assessing the design and operating effectiveness of the clients’ internal control system
Identifying and communicating suggested improvements to client internal controls and accounting procedures in an effort to reduces risk within the client organization
Supervising and reviewing the work of audit staff
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 Rea’s tax quality control policies
Manages projects by planning tax processes and procedures to be performed with quality
Answers preparer questions, and coordinates engagement from onset by communicating expectations and procedures with preparers
Conducts detailed reviews on all returns and appropriate review notes for preparers; raises potential tax issues
Meets internal deadlines to match the client expectations for timely delivery of service
Identifies book-to-tax differences
Correctly and proactively applies Firm policies, standards, and the Rea’s tax quality control policies regarding FAS 109 and FIN 48
Prepares provision workpapers and discusses with the appropriate team members
Identify and discuss uncertain positions with team members
Review & prepare footnote disclosures in compliance with 740-10-55
Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes
Identifies consulting opportunities to reduce client’s tax liability
Provides efficient and effective support for client consulting projects
Gathers relevant information for controversy work, efficiently and effectively
Documents all significant tax positions, clearly, correctly, and in accordance with Firm and office policies (by creating memorandums to the files – Tax issues Memos) and ensures that proper documentation is archived to GoFileRoom
Applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a target issue based on the information by:
Utilizing of internal and external research tools and selecting methodology for routine research requests
Documenting and organizing complicated findings in a usable format, based on information obtained from various research resources
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 (Withholding Tax Allowance) and tax returns
Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits
May be required to prepare studies of tax implications and offers clients alternative courses of action
May supervise and manage the day-to-day work assignments of Associates
Provides verbal and written performance feedback to Associates, as necessary
Acts as coach and/or mentor to Associates
Supervises the work assignments of Associates within assigned engagement team
Qualification
Required
Detail-oriented
Analytical skills
Ability to manage multiple tasks
Experience in tax compliance and planning
Knowledge of tax software
Ability to supervise and review the work of Associates
Knowledge of transactional flow and key transactional cycles
Experience in documenting, validating, and assessing internal control systems
Ability to identify and communicate improvements to client internal controls
Experience in managing projects and planning tax processes
Ability to conduct detailed reviews on tax returns
Knowledge of ASC 740-10 (FAS 109 and FIN 48) tax accruals
Experience in preparing provision workpapers
Ability to identify and discuss uncertain tax positions
Experience in tax consulting and identifying consulting opportunities
Ability to gather relevant information for controversy work
Experience in documenting significant tax positions
Ability to apply research methodology and utilize research tools
Experience in preparing WTA (Withholding Tax Allowance) and tax returns
Ability to introduce and develop new ideas for client benefits
Experience in supervising and managing Associates
Benefits
Competitive compensation
Robust benefits plan
Company
Rea
At Rea, we're building more than just a business advisory and accounting firm – we're constructing lasting partnerships.
Founded in 1938
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Don McIntosh
Chief Executive Officer
Jeremy Senften, CPA, CGMA
Chief Operating Officer
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