What are the responsibilities and job description for the Tax Advisory Manager position at Siegfried Advisory, LLC?
About Siegfried Advisory Siegfried Advisory, LLC, an affiliate of The Siegfried Group, LLP encompasses strategic leadership, financial, and tax advisory services available to future-thinking entrepreneurial organizations and their leaders looking to further enhance, grow and evolve their business. We help People transform themselves into better Leaders to exponentially improve their Lives. WHO WE ARE LOOKING FOR Siegfried Advisory, LLC, an affiliate of The Siegfried Group, LLP, is looking for a Tax Advisory Manager to support its Tax Planning & Compliance group. We are looking for someone who loves challenges, believes in investing in themselves and their future, and wants to broaden their skillset and enhance their marketability while enhancing their individual leadership. This group provides value-added tax advisory consulting services to its growing group of diverse entrepreneurial clients. This position offers a unique combination of leadership and tax opportunities at one of the nation’s leading CPA firms. This role reports to the leader of our tax team and has high visibility to all executive team members. WHERE YOU’LL BE You must be commutable to either Philadelphia, PA or Wilmington, DE office locations 3 days per week. WHAT YOU WILL WORK ON This is your opportunity to become a dynamic leader, expressing your entrepreneurial spirit to help clients maximize cost savings and grow their business through value-add projects! We are looking for an individual that has strong knowledge in 2 - 3 of the project types below and that are highly motivated to expand beyond their current skillset to identify, sell, deliver, and manage projects such as: Cost segregation studies Construct: Create detailed cost segregation reports, including preliminary research, reviewing files, and confirming engagement agreements. Site Visit: Conduct comprehensive site visits, documenting assets and common areas. Spreadsheet and Word Document Creation: Input building assets into spreadsheets, write property descriptions, and generate comprehensive reports. Review Process: Collaborate with management staff to ensure the accuracy of reports and communicate effectively with clients. Research & Development (R&D) tax credit consulting Manage day-to-day responsibilities on R&D Tax Credit and Sec. 174 engagements, including assisting with technical interviews with subject matter experts, preparing calculations, and preparing deliverables. Energy incentives and credits consulting Drive solutions to help our clients unlock additional ROI through energy tax credits generated from capital investments. Corporate tax due diligence Work closely with our Financial Advisory colleagues, focusing on the tax aspects of mergers and acquisitions and other transactions-related work Assist in conducting buy-side and sell-side tax due diligence, advising on tax efficient acquisitions and divestments, advising clients on tax efficient restructurings, reviewing taxes in financial models, and reviewing transaction documents Be involved in researching tax issues, preparing written communication in a succinct and deal-driven manner, helping clients with responses to tax authorities, and assisting clients in strategizing on the tax aspects of the transactions Perform analysis of a client’s tax attributes surrounding certain business events including tax basis of assets and stock, tax accounting for M&A driven transaction costs and corporate earnings and profits Perform detailed analyses of net operating loss/tax credit carry forward limitations pursuant to IRC Section 382 for both private and public clients Accounting method changes Leverage thorough knowledge of accounting methods studies, revenue recognition issues, areas of deduction, and experience with FAS 109 to identify appropriate accounting methods for clients Conduct tax analyses of timing of income, revenue and deductions, cost capitalization and revenue recognition State and local tax analysis Provide innovative state and local jurisdictional tax planning, consulting, compliance, refund reviews, and tax controversy audit support. Review multi-state returns and identify client issues and opportunities Identifying, market, and implement tax strategies for clients Conduct primary and secondary review of complex tax returns and consulting projects. Tax provision Responsible for ensuring the accuracy and documentation of domestic tax provision processes, including, but not limited to, return-to-provision calculations, deferred tax asset and payable proofs, and quarterly tax provision calculations. Coordinate and maintain the Company's uncertain tax positions. Ensure quarterly tax accounting requirements are fulfilled. REQUIRED QUALIFICATIONS Degree in Accounting or Finance CPA, EA, or LLM in Taxation Client services experience 6 years in tax with directly relevant experience in at least 2 -3 of the key project types listed above (see ‘What You’ll Work On’) Ambitious and driven self-starter that is proactively and consistently identifying opportunities for existing business expansion and new business development Strong mental agility and desire to expand beyond current areas of technical expertise to create value for clients across all projects listed above. Ability to work an average of ~48-50 hours per week Business development acumen Strong values aligned with Corporate Culture (Fairness, Honesty, Trustworthy, Respectful, Flexible, Strong Work Ethic) PREFERRED QUALIFICATIONS *Please note these are not required qualifications experience is a plus. Experience managing R&D Tax Credit and Section 174 analyses Understanding of Inflation Reduction Act and CHIPs Act of 2022 Accounting methods and/or federal tax consulting experience Thorough knowledge of accounting methods studies, revenue recognition issues, areas of deduction, and experience preferred with FAS 109 and compliance. Considerable knowledge of inventory, including LIFO. Comprehensive technical skills, including identifying appropriate accounting methods, the tax analyses of timing of income, revenue and deductions, cost capitalization and revenue recognition. Experience forming tax positions and advising clients Experience with business transactions Business development experience MS in Taxation WHAT YOU BRING High energy, enthusiasm, and a strong commitment to exceed expectations Flexibility and openness to work on a variety of assignments, industries, and roles Ability to learn quickly, make an immediate impact, and provide value-added service Strong communication and interpersonal skills, and the ability to connect and build relationships with people at all levels of an organization Ability to work independently and with a high level of integrity and professionalism Team player with a strong desire to be an active, long-term participant in not only their own growth, but that of the company Entrepreneurial spirit and belief in the opportunities that Siegfried Advisory offers Interest and passion to get involved in other professional experiences such as Business Development and Recruiting WHY YOU’LL LOVE WORKING AT SIEGFRIED ADVISORY We are leaders. Leadership isn’t limited to our management team. It’s something that everyone at Siegfried Advisory embraces and embodies. We offer a competitive base salary AND lucrative incentive plans. On average over the last 5 years, professionals have earned 30% – 40% of their base salary in incentives. We provide comprehensive benefit plans that include health care, dental, vision, paid vacation, sick time, paid holidays, 401k, profit sharing, and more. We are growing! You’ll have the opportunity to learn, grow, and experience more when you invest in a career at Siegfried Advisory. FLSA/At-Will Employment This position is an exempt position under FLSA This position is and will remain at-will in nature Learn more about our Total Compensation Philosophy. We appreciate your interest in a career at Siegfried Advisory, a unique organization with a higher purpose to help people transform themselves into better leaders to exponentially improve their lives. Siegfried Advisory is an entrepreneurial CPA firm that works with growth-oriented organizations and high-net-worth families to help create a strategic, long-term vision. We bring quality talent to every initiative to support you in the best way possible. Filled with an innovative spirit, we are committed to helping people grow, both personally and professionally. Our approach is centered around developing individual leadership and the continuous pursuit of a bigger future. Our higher purpose is to help people transform themselves into better leaders to exponentially improve their lives.
