Tax Senior
Position Summary
Deloitte Tax LLP seeks a Tax Senior in Chicago, Illinois.
Work You'll Do
Assist companies with national, state and local, and international tax structures and align the tax function with business objectives. Under the supervision of Tax Managers, oversee tax consulting projects for client's private equity and real estate transactions. Research and analyze a wide range of tax issues encountered on engagements. Assume tax-planning responsibilities for our client's international, federal, state, and local filing requirements and assist with the supervision of assignments. Assist with tax planning opportunity identification, implementing tax planning projects, providing tax research and analysis for clients, and keep up-to-date on current tax practices and technical issues. Develop a working knowledge of the client's business and tax systems, take responsibility for clearing open items relating to assigned areas, meeting client deadlines, and contribute to the successful completion of projects. Mentor and coach junior team members and escalate issues when necessary. Actively participate in engagement planning and decision-making.
Requirements
Bachelor's (or higher) degree in Accounting, Finance, Taxation or related field (willing to accept foreign equivalent) plus eighteen (18) months of experience as a Tax Senior or related occupation gaining experience preparing federal income tax returns for partnerships, corporations and REITs.
Experience must include 18 months of:
- analyzing partnership agreements with respect to private equity and real estate funds in order to compute complex tax calculations regarding partnership allocations;
- utilizing tax research resources, including CCH, BNA, RIA Checkpoint, and LexisNexis, to respond to federal and multistate tax notices for Partnerships and REITs;
- applying Subchapter K, and identifying technical issues for private equity and real estate-related funds, including basis, transfer of property, and terminations;
- applying tax compliance calculations to the preparation of returns for publicly traded and private companies, including C-Corporations, Partnerships and REITs;
- preparing corporate and partnership tax returns using tax software, including GoSystem;
- completing workpapers, including Schedule K-1 and income allocation schedules;
- converting book balance sheets to taxable tax basis balance sheets; and
- analyzing complex tax allocation among private equity and real estate funds and analyzing partnership agreements in connection with allocations.
Other
Hours: M-F, 40 hours/week;
Annual Salary: $71,610.00 - $132,990.00
If offered employment, must have legal right to work in U.S. EOE, including disability/veterans.
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Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Our people and culture
Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work.
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Our purpose
Deloitte's purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities. Learn more.
Professional development
From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
As used in this posting, "Deloitte" means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see https://www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
Requisition code: 312381
Job ID 312381
Perks and Benefits
Health and Wellness
Parental Benefits
Work Flexibility
Office Life and Perks
Vacation and Time Off
Financial and Retirement
Professional Development
Diversity and Inclusion