at Alvarez & Marsal Tax, LLC in Chicago, Illinois, United States
Job Description
Description
Senior Associate/Manager, Compensation and Benefits (Transaction Tax)
What do we do?
A&M's Compensation and Benefits ("CAB") Tax team is comprised of seasoned tax professionals experienced in providing practical tax advice to corporate and private equity buyers throughout the transaction lifecycle. By utilizing an integrated approach with A&M professionals with deep operating and financial-related experience, the team uses a focused and tailored approach to rapidly identify and understand potential deal breakers, value drivers and other areas of specific interest to our clients. Our CAB transaction tax services include:
- Performing tax due diligence, including reviewing target's historic tax profile, planning, tax examinations, acquisitions/dispositions, and filing history to assess potential risks and opportunities
- Using the due diligence process to identify opportunities for further tax efficiencies
- Structuring transactions in a tax-efficient manner, including equity rollovers and deferrals
- Reviewing and evaluating significant tax attributes, credits and incentives
- Reviewing and commenting on purchase agreements and disclosure schedules
- Evaluating potential acquisition structures
- Modeling transaction scenarios
- Identifying matters to be addressed post-closing, including integration related risks and opportunities
How you'll contribute
- Develop and deliver quality tax planning approaches by providing timely and responsive services and work product that meets and/or exceeds client expectations;
- Perform compensation due diligence, including review of equity agreements, CIC plans and golden parachute calculations, deferred compensation plans, tax returns, financials, and other documentation to evaluate potential tax risks and opportunities;
- Perform benefits due diligence, including review of retirement plans, Section 125 plans, discrimination testing, Forms 5500, and determination letters for compliance with IRS and DOL requirements to help identify potential tax exposures and opportunities;
- Review payroll tax treatment and withholding policies and practices, including accurate reporting (W-2, K-1, 1099, etc.), withholding on income tax and FICA on various forms of compensation, and worker classification.
- Review and comment on compensation and benefits aspects of financial models, purchase agreements, and structuring calculations;
- Take ownership of assigned workstreams, including creating and preserving relevant diligence work products, ensuring supervisors can timely review and provide constructive feedback of deliverables, and otherwise proactively responding to changes in workflow;
- Coordinate with federal, state and local, and international tax team members, as well as financial and operational due diligence team members, to timely deliver highest quality integrated work product;
- Begin developing and taking responsibility for managing client relationships by communicating and responding to client expectations, gathering data relevant to the engagement, and tailoring project deliverables accordingly.
Who will you be working with?
We are not a typical tax firm. We are a group of entrepreneurial, action oriented and results oriented tax professionals who take a hands-on approach to solving our clients' problems and helping them reach their potential. We are nimble, resourceful, and proactive but adapt quickly when changes are needed. We present you with opportunities, not a playbook, and we reward you based on your achievements, not your tenure.
Our...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
