Partnership Taxation Senior Associate
Grant Thornton (US) · Downers Grove, IL · 3 wk ago
HybridConsulting$110k–$112k/yrFull-time
About the role
Your day-to-day will include:
- Perform compliance for complex tax returns and provide tax consulting services for partnership and S corporation clients.
- Collaborate with the Partnership Business team and make recommendations on return preparation and tax savings opportunities, focusing on accuracy, quality and client service.
- Support multiple client service teams on client engagements; plan, execute, direct, and complete tax projects in a wide variety of industries; provide innovative tax planning, consulting, and compliance expertise to clients; actively assist in proposal activities and manage to budget.
- Develop, train, and mentor staff on tax projects and assess performance for engagement and year-end reviews.
- Research and consult on various tax matters; utilize tax-related software to prepare and process returns and research tax matters.
- Respond to inquiries from the IRS and other tax authorities.
- Maintain active communication with clients to manage expectations, ensure deadlines are met, and enhance client relationships.
Requirements
- Bachelor’s degree in Accounting, Finance, Commerce, a related field, or a foreign equivalent.
- Relevant experience: 2 years of experience in job offered or any tax/accounting related job titles.
- Experience in:
- Tax compliance or tax consulting experience in public accounting or a combination of industry and public accounting experience;
- US GAAP, partnership returns, joint venture and non-corporate entity tax returns and Sub-chapter K partnership taxation;
- Advising Asset Management, Private Equity, and Hedge Fund clients with the regulatory industry environment;
- Driving processes with tax compliance projects using Thomson Reuters GoSystem, SharePoint, CCH Axcess, Engagement Management, or Go File Room;
- Process improvement and streamlining tax processes for efficiency and accuracy;
- Developing and leading training for team members in Asset Management tax;
- Working Internal Revenue Code (IRC) 704b accounts for clients;
- Consulting on Sub-chapter K-Partnership taxation;
- Responding to inquiries from the IRS and other tax authorities.
Qualifications
- CPA licensure (in U.S. or other jurisdiction).
Skills
- Up to 5% domestic travel required for client assignments.
Benefits
- Compensation for role: $109,700 – $112,000 per year.