Senior Associate, Compensation and Benefits (Transaction Tax)

Description

Alevar & Marsal is a global consulting firm known for its entrepreneurial and action-oriented professionals. The firm takes a hands-on approach to solving clients' problems and helping them reach their goals. Its culture encourages independent thinking and doing, and it celebrates diversity and inclusivity.

About the role

The Senior Associate, Compensation and Benefits (Transaction Tax) position within Alvarez & Marsal's CAB (Compensation and Benefits) Tax team focuses on providing practical tax advice to corporate and private equity buyers and sellers throughout the transaction lifecycle. This role involves performing tax due diligence, reviewing compensation and benefits aspects of financial models, and supporting management of client relationships.

Responsibilities

• Assist in developing and delivering quality tax planning approaches by providing timely and responsive services and work product that meets and/or exceeds client expectations.
• Assist with compensation due diligence, including review of equity plans and agreements, change in control plans and golden parachute calculations, deferred compensation plans, tax returns, financials, and other documentation to evaluate potential tax risks and opportunities.
• Assist with benefit plan due diligence, including review of retirement plans, Section 125 plans, discrimination and compliance testing, IRS Form 5500, and determination letters for compliance with IRS and DOL requirements to help identify potential tax exposures and opportunities and, if needed, assisting in remediating operational noncompliance issues.
• Review payroll tax treatment and withholding policies and practices, including accurate reporting (W-2, K-1, 1099, etc.), withholding on income tax and FICA on various forms of compensation, and proper worker classification.
• Review and comment on compensation and benefits aspects of financial models, purchase agreements, and structuring calculations.
• Take ownership of assigned workstreams, including creating and preserving relevant diligence work products, ensuring supervisors can timely review and provide constructive feedback of deliverables, and otherwise proactively responding to changes in workflow.
• Cookordination with federal, state and local, and international tax team members, as well as financial and operational due diligence team members, to timely deliver highest quality integrated work product.
• Support management of client relationships by communicating and responding to client expectations, gathering data relevant to the engagement, and tailoring project deliverables accordingly.

Qualifications

• Demonstrated knowledge of compensation and benefits tax concepts, including Sections 83, 409A, and 280G, with the capability to perform research on and effectively apply compensation and benefits tax knowledge to client situations.
• Understanding of compensation and benefits issues for various entity structures, including public and private corporations, partnerships, S-Corps, and consolidated groups.
• Bachelor's degree in accounting, finance or related field required; Advanced Degree / Certification preferred: CPA, JD, or LLM.
• 3+ years of compensation and benefits tax experience; or 3+ years of tax due diligence experience; Prior experience with Mergers and Acquisitions preferred.
• Strong writing, analytical, research and organizational skills.
• Experience with all Microsoft Office products (with an emphasis on Excel).
• Strong communication and time management skills for both clients and A&M teams.
• Strong sense of personal motivation as well as the ability to collaborate with a team across multiple time zones.
• Ability to work in dynamic, time-sensitive environment.

Benefits

Regular employees working 30 or more hours per week are entitled to participate in Alvarez & Marsal Holdings' fringe benefits, which include healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part-time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. The salary range is $105,000 - $135,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.