What are the responsibilities and job description for the Tax Manager position at Renowned Recruitment Group?
Tax Manager – Entertainment CPA Firm
Location: Los Angeles, CA (Onsite)
Industry: Entertainment / Public Accounting
Overview
The Tax Manager will play a key leadership role within our entertainment-focused CPA practice, overseeing complex tax engagements for high-profile clients across film, television, music, digital media, production, and sports. This position requires strong technical tax expertise combined with a deep understanding of the unique revenue streams, entity structures, and compliance considerations specific to the entertainment industry. The ideal candidate is client-focused, highly organized, and adept at managing multiple priorities while leading and developing a high-performing tax team.
Key Responsibilities:
Client & Engagement Management
- Manage a diverse portfolio of entertainment-industry clients, including talent, production companies, music groups, digital creators, and personal service corporations (PSCs).
- Serve as the primary client contact, delivering proactive tax planning, advisory services, and year-round support.
- Review and oversee preparation of individual, corporate, partnership, trust, and PSC tax returns.
- Advise clients on complex tax matters related to multi-state filings, loan-out entities, residuals, royalties, touring income, and production activities.
- Perform high-level reviews of client financials, income streams, and expenses to ensure accuracy, compliance, and tax efficiency.
Entertainment-Specific Tax Expertise
- Provide guidance on film and television production incentives, credits, rebates, and state-specific entertainment tax programs.
- Support clients with loan-out corporation structures, W-2/1099 planning, coordination with business managers, and cash flow considerations.
- Evaluate and advise on international touring, global royalties, foreign tax credits, and applicable treaty benefits.
- Navigate tax and financial issues involving SAG-AFTRA, WGA, DGA, and other guild-related requirements.
- Review royalty statements, profit participations, and entertainment contracts from a tax planning and compliance perspective.
Technical Oversight & Compliance
- Lead tax research, planning strategies, and implementation for high-net-worth and entertainment clients.
- Ensure compliance with federal, state, and local tax regulations, including multi-state nexus and residency matters.
- Review quarterly estimates, projections, and year-end tax analyses for accuracy and strategic alignment.
- Maintain strong internal controls and ensure the quality, accuracy, and timeliness of all tax filings and client deliverables.
Leadership & Team Development
- Lead, mentor, and develop staff and senior accountants within the tax team.
- Review workpapers, tax returns, and technical research prepared by team members.
- Participate in hiring, performance management, and training initiatives.
- Foster a collaborative, client-service-driven culture aligned with firm values.
Business Development & Firm Growth
- Strengthen existing client relationships and identify opportunities to expand service offerings.
- Participate in networking events, industry functions, and entertainment community outreach to build firm visibility.
- Support partners with proposals, onboarding of new clients, and strategic growth initiatives.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field; Master’s in Taxation preferred
- Active CPA license (California required)
- 5 years of tax experience, including at least 2 years in a management or supervisory capacity
- Prior experience serving entertainment-industry clients strongly preferred
- Strong technical knowledge of:
- Individual and business taxation
- Loan-out corporations
- Multi-state taxation
- International tax considerations related to touring and royalties
- Production incentives and tax credits
- Proficiency with tax software (Lacerte, ProSystem fx, or similar) and advanced Excel skills
- Excellent communication, client service, and relationship management abilities
- Ability to manage multiple priorities and deadlines in a fast-paced, deadline-driven environment
Salary : $140,000 - $200,000