Senior Manager - Financial Services Industries - Mutual Fund Tax

Company: Deloitte
Location: Stamford
Posted on: May 17, 2023

Job Description:

Mutual funds-Are you a leader, passionate about financial products and understand regulated investment companies, Subchapter M, section 4982 excise calculations, and tax compliance.? If this is music to your ears, and you love a challenge and a very fast-paced environment, we have the career for you!


What you'll do


As a Tax Senior Manager, you will draw on experience in accounting and taxation to provide tax compliance and consulting services to Investment Management clients. You will conduct day-to-day management of accounts by delivering tax consulting services to the client and bringing in specialists when necessary; perform a high-level of tax research and work on regulated investment company (RIC) tax work papers, financial statement provisions and related tax disclosures and federal and relevant state returns, excise calculations, and RIC compliance tests. Additionally, you will motivate, mentor, supervise, and train new and experienced-level Tax Consultants and Tax Seniors; begin taking on lead client contact roles on engagements; be involved in sales and marketing activities; attend required training; and facilitate at least one engagement-specific training and one national training per year.


The team


As global leaders 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 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.


Qualifications


Required:


8+ years' experience providing tax planning services or preparing and reviewing client work papers and income tax returns

Bachelor's degree in accounting, finance, or other business-related field

One of the following certifications obtained:


Licensed CPA in state of practice/primary office if eligible to sit for the CPA

If not CPA eligible:

Licensed attorney

Enrolled Agent

Other - Chartered Financial Advisor (CFA) or Certified Financial Planner (CFP) may also be acceptable depending on the specific role and business approval

Demonstrated advanced understanding of Subchapter M, financial products, and book to tax adjustments common to regulated investment companies

Ability to travel 25%, on average, based on the work you do and the clients and industries/sectors you serve


Preferred:


Previous Big 4 experience

Experience working in a fast-paced, team environment

Strong verbal and written communication skills

Knowledge of fund accounting and general ledger accounting

Demonstrated basic understanding of Subchapter K and investment partnership taxation


For individuals assigned and/or hired to work in New York City, Deloitte is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to New York City and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $147,000 to $273,000.


You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.


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Keywords: Deloitte, Stamford , Senior Manager - Financial Services Industries - Mutual Fund Tax, Accounting, Auditing , Stamford, Connecticut