Tax Manager 1 - Accounting Methods and Periods

RSM is a leading provider of professional services to the middle market globally. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Role Overview

As a Tax Manager in our Credits, Incentives, & Methods (CIM) group, specifically within the Tax Accounting Methods & Periods (AMP) team, you will play a pivotal role in providing advisory services to our clients. This role focuses on two core concepts: your technical and quality expertise and delivering excellent client service. You will be responsible for managing AMP projects, conducting technical reviews, and providing guidance to team members.

A Day in the Life

Your day-to-day activities will include:

• Identifying, project managing, and performing initial technical reviews of AMP projects, supported by Washington National Tax office (WNT) AMP specialists.
• Managing the delivery of AMP projects, including calculation of 481(a) adjustments and impact on tax provisions/reserves.
• Understanding financial accounting (GAAP; IFRS) and current financial accounting pronouncements.
• Researching and writing tax advice, opinion, and position memorandums.
• Drafting and reviewing technical memoranda, legal basis disclosures, responses to IRS inquiries, and IRS Ruling requests.
• Identifying and pursuing AMP services for existing and prospective clients.
• Building rapport with Senior Managers and Partners.
• Collaborating with RSM’s Growth Acceleration Teams to identify and pursue AMP services.
• Building cross-team and cross-line-of-business relationships and identifying service areas in conjunction with RSM’s Enterprise Account Leaders.
• Training, mentoring, developing, and growing AMP professionals.

Why Bengaluru, Karnataka?

Bengaluru, also known as Bangalore, is the capital of Karnataka and a major economic hub in India. It is often referred to as the "Silicon Valley of India" due to its concentration of technology companies. Bengaluru offers a vibrant and diverse culture, excellent educational institutions, and a thriving job market. Working in Bengaluru provides opportunities for professional growth and exposure to cutting-edge technologies and practices.

Career Path

At RSM, we are committed to providing our employees with opportunities for growth and advancement. As a Tax Manager, you can progress to Senior Manager, Principal, and ultimately Partner. We provide continuous training and development to help you expand your knowledge and skills. The path offers increasing responsibility, leadership opportunities, and a chance to shape the future of our firm.

Salary & Benefits

The salary for a Tax Manager in Bengaluru, Karnataka, typically ranges from $150,000 to $250,000 USD per year, depending on experience and qualifications. We offer a comprehensive benefits package that includes:

• Competitive salary and performance-based bonuses.
• Comprehensive health insurance (medical, dental, vision).
• Paid time off (vacation, sick leave, holidays).
• Retirement plan (401k) with company match.
• Professional development opportunities (training, conferences, certifications).
• Life insurance and disability coverage.
• Employee assistance program (EAP).
• Flexible spending accounts (FSA) for healthcare and dependent care.
• Wellness programs.
• Employee referral program.
• Tuition reimbursement.

RSM Culture

Our exceptional people are the key to our unrivaled, inclusive culture and talent experience. At RSM, you'll find an environment that inspires and empowers you to thrive both personally and professionally. We are committed to creating a workplace where everyone feels valued, respected, and has the opportunity to reach their full potential. We foster a culture of collaboration, innovation, and continuous learning.

How to Apply

To apply for the Tax Manager position, please submit your resume and cover letter through our online application portal. Be sure to highlight your relevant experience and qualifications, and explain why you are interested in joining the RSM team. We look forward to hearing from you!

FAQ

1. What are the basic qualifications for this role?

   A Bachelor’s/Master’s degree (preferably B.Com/M.Com/MBA Finance) from an accredited college/university and 5+ years of progressive tax experience.

2. What specific experience is required for this position?

   Experience with accounting methods and periods (AMP) is crucial. Familiarity with US GAAP and IFRS is also important.

3. What are the main responsibilities of a Tax Manager in the AMP team?

   Managing AMP projects, conducting technical reviews, writing tax advice, and building client relationships.

4. What type of projects will I be working on?

   Projects include overall changes, revenue recognition, expense recognition, inventory/UNICAP/LIFO, capitalization/cost recovery, Section 174 R&E expenditures, leasing engagements, and strategic method review projects.

5. What kind of support is provided for AMP projects?

   Support is provided by the Washington National Tax office (WNT) AMP specialists.

6. How does this role contribute to RSM’s growth?

   By identifying and pursuing AMP services for existing and prospective clients and collaborating with RSM’s Growth Acceleration Teams.

7. What opportunities are there for professional development?

   RSM offers continuous training, mentorship, and opportunities for advancement to Senior Manager, Principal, and Partner.

8. What is the work environment like at RSM?

   RSM fosters a supportive and inclusive work environment where everyone feels valued and has the opportunity to reach their full potential.

9. How important is client service in this role?

   Delivering excellent client service is one of the core concepts of this role.

10. What kind of software or tools should I be familiar with?

    Proficiency in Microsoft Office Suite and experience with tax research databases such as CCH or BNA are beneficial.