Tax Manager - RIC and Financial Products Technology

Those pursuing investment opportunities in equity and derivatives, corporate/government debt, MBS, and ABS markets are consistently challenged to properly address the tax planning and compliance that can apply. This quickly becomes a task that is often heavily dependent upon effective data management and a knowledge of financial products and tax principles. Through a combination of tools developed by Deloitte's Partnerships Solutions practices, we can assist with the complex tax and reporting needs of large portfolios containing all types of investments, including fixed income, equities, and derivatives.

As a Manager in this group, you will manage relationships, ensure timely reporting of milestone and dependency status, monitor risks and issues to escalate, and execute day-to-day management activities. You’ll oversee analysis on equity, derivative, and debt investments, preparation and/or review of taxable income calculations, preparation and/or review of taxable income reports, and communicating with clients, their servicers and/or administrators. Specific responsibilities include: 

• Leverage proprietary software, third party data providers, and automation tools to deliver accurate tax analysis for mutual fund, hedge fund, and insurance clients
• Calculate and/or review taxable income on equity and derivative investments including wash sales, QDI & DRD, REIT & RIC reallocations, PFICs, constructive sales, straddles, section 1256, swaps, and other items using Deloitte’s proprietary security trading analysis platform
• Maintain, enhance, and provide production support for Deloitte’s proprietary regulated investment company (RIC) tax compliance platform
• Lead client engagements: communicate with client and/or internal tax teams, manage and support professionals on our team, develop a game plan to execute on the client engagement and review deliverables
• Perform tax research to address tax technical issues that arise related to financial product related transactions
• Train younger professionals on the technical issues that are applicable in our business.
• Develop requirements for system enhancements and ongoing testing of calculations, processes, and reporting
• Support pursuit of new client opportunities and scope expansion for existing client
• Work within a team and support and mentor junior staff

Required:

• Ability to perform job responsibilities within a hybrid work model that requires US Tax professionals to co-locate in person 2 – 3 days per week
• 5+ years of full-time professional experience
• Bachelor’s degree in accounting, finance, MIS, or related field required
• Practical knowledge in equity and fixed income financial products, income tax principles, RIC taxation and/or project management
• Big 4 or fund administration experience or equivalent
• Data Analytics experience and solid technology skills 
• Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you serve
• Limited immigration sponsorship may be available
• One of the following active accreditations obtained:
• Licensed CPA in State of Practice/Primary Office if eligible to sit for the CPA
• If not CPA eligible:
• Licensed Attorney
• Enrolled Agent
• Certifications:
• Project Management Professional (PMP)
• Chartered Financial Advisor (CFA) 

Preferred:

• Advanced degree in Accounting, Finance, LLM or other applicable degree
• Proven problem-solving capabilities
• Experience serving clients or directly working within the financial services industry
• Solid experience in financial system design and implementation
• Alteryx, Power BI, Python, SQL, and/or VBA experience