Job Summary:
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 fileResearch
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 appropriateTax 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 organizationTax 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 specialistsOther duties as required
Supervisory Responsibilities:
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 AssociatesQualifications, Knowledge, Skills, and Abilities:
Education:
Bachelor’s Degree, required; focus in Accounting, Finance, Economics, or Statistics, preferred Master’s Degree in Accounting or Taxation, preferredExperience:
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, preferredLicense/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 beneficialSoftware:
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, preferredOther 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 - $150,000