Tax Senior

at DELOITTE TAX, LLP in Chicago, Illinois, United States

Job Description

Tax Senior for Deloitte Tax LLP in Chicago, IL to assist companies with federal, state and local, and international tax structures and align the tax function with business objectives. Assist clients with fundamental tax planning and analysis, work to understand company-specific business and tax issues and identify and mitigate risk areas. Under the supervision of Tax Managers, oversee tax consulting projects for clients in diverse industries. Research and analyze a wide range of tax issues encountered on engagements. Assume tax-planning responsibilities for our federal clients and assist with the supervision of assignments. Assist with tax planning opportunity identification, implementing tax planning projects, providing tax research and analysis for clients in diverse industries, and keeping 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. Responsible for applying the intricacies of tax regulations and their relationship to business. Develop client service relationships and facilitate specialized Deloitte Tax services to improve compliance with taxing entities while maintaining each client’s overall tax risk profile. Apply federal tax compliance principles and work closely with clients as well as the Deloitte Tax Team to further clients’ global goals and strategies and align them with industry and economic trends. Actively participate in engagement planning. Mentor and coach junior team members and escalate issues when necessary.  Requires: Bachelor's (or higher) degree in Accounting, Finance, Taxation, Law, or related field (willing to accept foreign education equivalent) plus eighteen months of experience as Tax Senior or a related occupation gaining experience providing tax planning services or preparing and reviewing client work papers and tax returns. Experience must include eighteen months of: preparing federal and state income tax returns for C-Corporations, Partnerships, and high net worth individuals; performing compliance work for tax filing obligations for private equity clients including preparing and reviewing Form 1065 and schedule K-1s; performing consultation and planning in terms of fund structuring for private equity clients; performing analysis for FIN 48, effective tax rate reconciliation, and valuation allowance, and preparing tax deferred tax schedules and tax review memos to properly account for income taxes during the preparation of tax provisions for corporations; preparing quarterly estimated tax payments for corporations, and preparing schedules for federal and state income tax returns and state franchise tax; preparing quarterly and annual provisions in accordance with ASC 740; assisting corporations in Internal Revenue Service and state tax examinations, responding to Information Document Requests (IDRs), and drafting response memos; preparing and reviewing Form 926, Trust Return 1041, Form 1065, Form 1120, and Form 8865 for US investors; utilizing tax software, including GoSystem and Corptax, to prepare federal, state, local, and international income tax returns, and calculate estimated tax and process filings and utilizing tax research tools, including BNA, CCH, and RIA Checkpoint, to provide tax compliance and consulting services to various clients; and mentoring and coaching junior team members.

To apply, visit https://apply.deloitte.com/ and enter XS24FT0207 in the “Search jobs” field. No calls please.