Tax Manager

Tax Manager

Core Responsibilities

The responsibilities described in this section are fundamental to success in this position.

• Review financial statements to confirm investments are recorded at tax basis and inside and outside basis is tracked accurately, and identify potential tax implications.
• Track inside and outside basis for investments at both organizations.
• Identify basis discrepancies and work with the accounting teams to resolve them.
• Review returns, K-1s, workpapers, and supporting schedules prepared by outside firms for consistency with internal accounting and basis records.
• Assist with tax and financial statement reviews and audits, including preparing supporting schedules and responding to reviewer and auditor requests.
• Serve as the primary internal contact for outside tax firms for Black Oak Partners, coordinating information requests, deadlines, and deliverables.
• Coordinate federal and state income tax filings prepared by outside firms, including nonresident, composite, and franchise filings.
• Obtain tax estimates prepared by outside firms for each investment and internal company and consolidate them to the respective family member.
• Assist the payroll team as needed with state payroll tax matters, including withholding and unemployment registrations when an employee relocates to a new state.
• Maintain the tax calendar, extension schedule, open-item lists, and supporting documentation for both organizations.
• Maintain records of entity ownership, tax classifications, filing requirements, and significant tax attributes, such as carryforwards and elections.
• Receive, log, research, and respond to federal and state tax notices, and track each notice through resolution.
• Identify tax questions early and determine when outside expertise is needed.
• Research tax and accounting matters and evaluate their impact on both organizations.
• Assist with tax projections and analysis of distributions, entity transactions, and other tax-sensitive matters.
• Monitor federal and state tax law changes and assess their impact on both organizations.
• Improve tax processes, documentation, and controls.
• Provide technical tax guidance to the Black Oak Partners and Bob Moore Auto Group accounting teams.
• Support accounting, reporting, and special projects as assigned by the Chief Accounting Officer or Chief Financial Officer.
• Other responsibilities as assigned.

Minimum Qualifications

The requirements listed below are the minimum degrees, certifications, knowledge, skill, and/or ability required of this position.

• Bachelor's degree in Accounting.
• CPA license or CPA-eligible.
• 5+ years of tax accounting experience, including multistate compliance and work with individuals, trusts, partnerships, and closely held businesses.

Knowledge, Skills, and Abilities

The requirements listed below are representative of the knowledge, skill, and/or ability required.

• Strong understanding of tax-basis accounting and book-to-tax differences.
• Ability to evaluate complex transactions for both accounting and tax impact.
• Ownership of processes, following matters through to completion without significant day-to-day direction.
• Exceptional organizational skills and attention to detail across numerous entities and deadlines.
• Clear written and verbal communication; ability to explain tax matters to non-tax audiences.
• Flexibility to take on new responsibilities and work across two organizations.
• Demonstrated ability to handle sensitive, confidential information with discretion.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• While performing the duties of this job, the employee is regularly required to stand, walk, and talk or hear.
• The physical demands of the job include the use of hands, fingers, wrists, reaching, bending, sitting, lifting, climbing, stooping, kneeling, crouching, and driving.
• The employee will frequently be exposed to repetitive movements of the wrists, hands and fingers.
• The employee is required to have close visual acuity to perform activities such as preparing and analyzing data, extensive reading and viewing a computer terminal.
• The employee must regularly lift and/or move up to 25 lbs.
• Specific vision abilities required by this job include close vision and distance vision.
• Must be able to pass a drug/alcohol urinalysis and be able to drive a vehicle.

Working Conditions

The work environment characteristics described here are representative of those one may encounter while performing the essential functions of this job.

• The noise level in the work environment is usually moderate.
• This role routinely uses standard office equipment, such as computers, phones, copiers, filing cabinets and fax machines.

Travel Requirements

The travel requirements described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• While performing the duties of this job, the employee may be required to travel within or outside the area.
• Minimal local travel may be required between different locations or to external sites for meetings.