Tax Senior

Deloitte Tax LLP seeks a Tax Senior in McLean, Virginia.

Work You’ll Do
Assist clients with fundamental tax planning and reporting. Work to understand taxpayer-specific business and tax issues and work with the taxpayer to optimize its tax position to identify and mitigate risk areas. Assist clients in streamlining their tax compliance process, especially in the area of partnership specific tax calculations and Schedule K-1 and K-3 preparation, and Form 1065 reporting. Assist clients in various industries with: Life Events for Partnerships (formations, terminations, mergers); Inside and Outside Basis Computations; Section 704(c) and 743(b) Computations; Schedules K-1 and K-3 processing; and development of custom technology solutions to streamline the compliance process. Develop client service relationships and facilitate specialized Deloitte tax services to improve compliance with taxing authorities 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. Mentor and coach junior team members. Will commute within the McLean, VA area to consult with clients concerning the above job duties.

Requirements
Bachelor's (or higher) degree in Accounting, Taxation, Finance, or related field (willing to accept foreign equivalent) plus eighteen months of experience as a Tax Senior or related occupation gaining experience providing tax planning process and technology and tax department review and optimization for investment management companies.

Experience must include eighteen months of:

• assisting clients with schedule K-1 and K-3 processing;
• performing complex partnership computations, including IRC 704(c) computations;
• collaborating with clients to assist, design, and streamline their tax compliance processes, including partnership-specific tax calculations, allocations through tiered partnership structures, and Schedule K-1 and K-3 reporting;
• utilizing tax software, including GoSystem, to provide tax compliance and consulting services to various clients;
• preparing and filing schedule K-1 and K-3, withholding and composite returns for partnerships and limited liability companies, including hedge funds and private equity funds;
• preparing and reviewing corporate blocker computations including an analysis of earnings and profits and related reporting;
• preparing and reviewing tax return forms 1065, 1120, 1120F, 8621, 8865, 5471, 8858; and
• utilizing Microsoft Excel, including Vlookup, pivot tables, sum/ifs, and macros.

Less than 10% domestic travel required outside of normal commuting distance.

Other
Hours: M-F, 40 hours/week;

If offered employment, must have legal right to work in U.S. EOE, including disability/veterans.