Tax Senior - Partner Tax Matters

About the role

The Tax Senior Accountant role is part of the internal US Firms Tax ("USFT") team within Deloitte Services LP. The USFT team is responsible for setting tax policy for Deloitte US Firms in the US and other countries, as well as for all domestic and foreign compliance.

Responsibilities

• Review targeted income calculations and other partner-level income allocations
• Review the allocation of state law adjustments
• Review the calculations of composite and withholding taxes
• Aid in producing and distributing the annual K-1 packages
• Onboard, manage, and retain staff
• Aid in transforming people, processes, and technology
• Produce and distribute annual partner Forms K-1 packages, including allocations of income, deductions, and separately stated items to US Firms partners
• Prepare allocations of items for 199A, 163(j), and Form K-3 reporting
• Aid in preparing federal, state, and local income tax returns, including composite nonresident income tax returns, withholding tax returns, and certain partner-related information
• Cook up coordination on federal withholding information returns
• Prepare and review selected general ledger accounts monthly for appropriateness of certain withholding accruals
• Prepare and track tax capital for the partners
• Aid in workflow management and supervising tax consultants on assigned engagements
• Manage the annual partner state tax elections process and the collection of nonresident non-joiner affidavits, review per partner withholding, PET, and composite tax calculations
• Aid in responding to partner inquiries of the items reported to them on their Forms K-1

Qualifications

• Bachelor's degree in Accounting/Taxation
• Eligible for CPA, Enrolled Agent, or other relevant certification
• Minimum of 3 years of relevant experience in a professional services firm
• Strong knowledge of federal and state partnership tax compliance, including partner-level income allocations, tax research, and tax planning
• Prior experience supervising tax professionals on a project or engagement basis
• Tax forecasting / planning experience
• Proficient in Excel
• Ability to travel 0-15%, on average, based on the work you do and the clients and industries/sectors you serve