Senior Director, Financial Services Tax (Asset Management)
About the role
A&M is a global consulting firm known for its entrepreneurial approach and commitment to client satisfaction. The Tax Financial Services team focuses on providing tax support to private equity firms, asset managers, and other financial services clients. This position involves leading complex tax compliance and reporting engagements, advising on tax implications of multi-tiered partnerships, and managing client relationships.
Responsibilities
- Lead the execution and review of complex tax compliance and reporting engagements, including partnership and corporate filings and multinational tax reporting
- Advising on the tax implications of multi-tiered partnership and fund structures, including allocations, basis considerations, and structuring for tax efficiency
- Manage engagement risk, including technical tax positions, compliance risks, and client delivery considerations, while overseeing staffing and financial performance for multiple engagements at once including billing, collections, profitability and project budgets
- Provide supportive leadership by providing development and career guidance through mentoring and performance feedback to your team
- Drive your team to stay up to date on tax law changes and apply the most current and innovative tax practices to create and sustain a respected reputation in the market
- Actively engage less experienced team members by leading regular training sessions
- Build relationships across Tax and the rest of A&M, developing a deep understanding of the areas of expertise across the firm to present clients with opportunities for additional support
- Manage, direct, and monitor multiple client engagement teams while maintaining active communication with clients to manage expectations and help ensure client satisfaction
- Engage in business development opportunities and prioritize where and how to source new relationships
- Regularly meet with contacts to discuss broad business issues and develop market insight into new opportunities regarding how Tax and A&M can help address their critical business issues
Requirements
- CPA, JD (with bachelor’s and master’s degrees in accounting or tax, preferred)
- At least 10 years of relevant experience in partnership tax compliance, with a focus on asset managers, fund of funds, or financial services clients at a Big 4 firm, Big Law firm, or similar firm
- Strong understanding of partnership tax concepts, including allocations, capital accounts, and K‑1 reporting
- Familiarity with tax compliance software (e.g., OneSource, GoSystem, or similar) and ability to manage large, complex datasets
- Exposure to corporate tax concepts relevant to asset managers, including corporate blockers, and general understanding of ASC 740 tax provisions (e.g., current vs. deferred taxes, uncertain tax positions)
- Familiarity with international tax reporting and foreign withholding regimes, including exposure to Sections 1441, 1442, and 1446, and related investor-level reporting considerations for non‑U.S. partners
- Understanding of complex tax concepts relevant to asset managers, including Section 163(j) interest limitation rules and deal economics and tax distribution waterfalls
- Strong communication, presentation, project management, and business development skills
- Demonstrated ability to originate and grow client relationships, identify cross-selling opportunities, and contribute to practice growth through business development initiatives
- Ability to work effectively in a dynamic environment with evolving timelines and competing priorities
Qualifications
- CPA, JD (with bachelor’s and master’s degrees in accounting or tax, preferred)
- At least 10 years of relevant experience in partnership tax compliance, with a focus on asset managers, fund of funds, or financial services clients at a Big 4 firm, Big Law firm, or similar firm
- Strong understanding of partnership tax concepts, including allocations, capital accounts, and K‑1 reporting
- Familiarity with tax compliance software (e.g., OneSource, GoSystem, or similar) and ability to manage large, complex datasets
- Exposure to corporate tax concepts relevant to asset managers, including corporate blockers, and general understanding of ASC 740 tax provisions (e.g., current vs. deferred taxes, uncertain tax positions)
- Familiarity with international tax reporting and foreign withholding regimes, including exposure to Sections 1441, 1442, and 1446, and related investor-level reporting considerations for non‑U.S. partners
- Understanding of complex tax concepts relevant to asset managers, including Section 163(j) interest limitation rules and deal economics and tax distribution waterfalls
- Strong communication, presentation, project management, and business development skills
- Demonstrated ability to originate and grow client relationships, identify cross-selling opportunities, and contribute to practice growth through business development initiatives
- Ability to work effectively in a dynamic environment with evolving timelines and competing priorities
Skills
- Strong understanding of partnership tax concepts, including allocations, capital accounts, and K‑1 reporting
- Familiarity with tax compliance software (e.g., OneSource, GoSystem, or similar) and ability to manage large, complex datasets
- Exposure to corporate tax concepts relevant to asset managers, including corporate blockers, and general understanding of ASC 740 tax provisions (e.g., current vs. deferred taxes, uncertain tax positions)
- Familiarity with international tax reporting and foreign withholding regimes, including exposure to Sections 1441, 1442, and 1446, and related investor-level reporting considerations for non‑U.S. partners
- Understanding of complex tax concepts relevant to asset managers, including Section 163(j) interest limitation rules and deal economics and tax distribution waterfalls
- Strong communication, presentation, project management, and business development skills
Benefits
Regular employees working 30 or more hours per week are entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. 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.
Pay
The salary range is $175,000 - $225,000 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.