Senior Associate/Manager, Compensation and Benefits (Transaction Tax)

$130,000 - $176,800/Yr

Alvarez & Marsal - Chicago, IL

Full-time - Mid Level

Chicago, IL

Professional, Scientific, and Technical Services

About the position

The Senior Associate/Manager in Compensation and Benefits (Transaction Tax) at A&M is responsible for providing expert tax advice throughout the transaction lifecycle, focusing on compensation and benefits aspects. This role involves conducting due diligence, structuring transactions, and ensuring compliance with tax regulations while delivering high-quality services to clients.

Responsibilities

• Perform tax due diligence, including reviewing target's historic tax profile and filing history.
• Identify opportunities for further tax efficiencies during the due diligence process.
• Structure transactions in a tax-efficient manner, including equity rollovers and deferrals.
• Review and evaluate significant tax attributes, credits, and incentives.
• Review and comment on purchase agreements and disclosure schedules.
• Evaluate potential acquisition structures and model transaction scenarios.
• Identify matters to be addressed post-closing, including integration-related risks and opportunities.
• Develop and deliver quality tax planning approaches that meet client expectations.
• Perform compensation due diligence, including review of equity agreements and deferred compensation plans.
• Perform benefits due diligence, including review of retirement plans and compliance with IRS and DOL requirements.
• Review payroll tax treatment and withholding policies and practices.
• Review and comment on compensation and benefits aspects of financial models and purchase agreements.
• Take ownership of assigned workstreams and ensure timely review of deliverables.
• Coordinate with various tax team members to deliver integrated work products.
• Manage client relationships and tailor project deliverables accordingly.

Requirements

• Demonstrated knowledge of compensation and benefits tax concepts, including Sections 83, 409A, and 280G.
• Understanding of compensation and benefits issues for various entity structures.
• Bachelor's degree in accounting/finance or related field required.
• Advanced Degree/Certification preferred: CPA, JD, or LLM.
• 2-5 years of compensation and benefits tax experience or tax due diligence experience.
• Prior experience with Mergers and Acquisitions preferred.
• Strong writing, analytical, research, and organizational skills.
• Experience with all Microsoft Office products, especially Excel.
• Strong communication skills and personal motivation.

Nice-to-haves

• Experience in a dynamic, time-sensitive environment.

Benefits

• Healthcare plans
• Flexible spending and savings accounts
• Life, AD&D, and disability coverages
• 401(k) retirement plan with discretionary contributions
• Discretionary bonus program based on performance