Are you looking to be part of the largest growth area in the tax profession? Do you have experience serving clients in the Investment Management industry? Are you interested in a fast-paced, tech savvy environment, but only looking to work part of the year? If you excel at partnership/Subchapter K federal tax compliance and have experience researching and addressing complex tax issues for Hedge Fund and Private Equity clients, we may have the right seasonal opportunity for you! We are looking for a sharp, analytical Investment Management Tax Manager who is ready to handle new challenges and join one of the largest Tax practices in the world. This seasonal position begins in early June 2022 and will end in October 2022.
Work You'll Do
Investment Management Tax specialists provide tax compliance and advisory services for a variety of entities and their affiliates. In this role, you will grow your technical knowledge by working on large, complex hedge fund or private equity pass-through tax compliance and related projects. You will have access to outstanding resources, collaborative teammates, technical specialists, and supportive leadership to help you successfully serve our clients with excellence.
Responsibilities will include:
Performing review of workpapers and tax returns for hedge funds or investment funds
Performing review of investor packages, including Schedules K-1, K-2, K-3, and related footnote disclosures
Researching federal tax issues and legislation to assist with the compliance and reporting process
Identifying international and state tax information reporting needs and collaborating with specialists who lead those workstreams
Assisting with workflow management on assigned engagements, making sure workstreams are moving at the appropriate pace
As a global leader in providing professional services to the Investment Management industry, Deloitte Tax LLP works with clients to address a range of critical issues brought on by regulatory changes, competition, globalization, advances in technology, and the changing demands of their investors/customers. Our US tax industry group is comprised of more than 1,400 partners, principals, and employees providing a spectrum of tax services to a broad range of Investment Management companies. Our financial services clients include investment advisers and administrators from every sector of the industry, including hedge funds, private equity, investment partnerships, alternative products, family offices, mutual funds, broker-dealers, banks, insurance companies, and other investment managers.
5+ years' experience providing tax planning services and/or preparing and reviewing federal income tax workpapers and tax returns
3+ years' experience with investment management or partnership taxation
Understanding of Subchapter K, financial products, wash sale and constructive sale rules, and familiarity with aggregate allocations for hedge funds and/or understanding of Subchapter K, partnership allocation methodologies, and the tax compliance process for investment partnerships
Experience managing projects including scheduling, budgeting, client correspondence, and billing
Previous employment with Deloitte Tax
At least one of the following active certifications:
Licensed CPA in your state of hire
IRS Enrolled Agent
Bachelor's degree in Accounting, Finance, or other business-related field
Travel up to 5% (While 5% of travel is a requirement of the role, due to COVID-19, non-essential travel has been suspended until further notice.)
Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
Previous Big 4 or Large Public Accounting experience
Knowledge of fund accounting and general ledger accounting
Advanced knowledge of GoSystems and/or similar tax software and a strong interest in learning new technology
At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to help sharpen skills in addition to hands-on experience in the global, fast-changing business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career. At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture where our people excel and lead healthy, happy lives. Deloitte is led by a purpose: to make an impact that matters. This purpose... defines who we are and extends to relationships with our clients, our people and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. We want job seekers exploring opportunities at Deloitte to feel prepared and confident. To help you with your interview, we suggest that you do your research: know some background about the organization and the business area you’re applying to.