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

$130,000 - $176,800/Yr

Alvarez & Marsal - New York, NY

Full-time - Mid Level

New York, NY

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 for corporate and private equity buyers. This role involves conducting tax due diligence, structuring transactions in a tax-efficient manner, and evaluating significant tax attributes. The position requires a proactive approach to identifying risks and opportunities, ensuring compliance, and delivering high-quality services that meet client expectations.

Responsibilities

• Develop and deliver quality tax planning approaches by providing timely and responsive services and work product that meets and/or exceeds client expectations.
• Perform compensation due diligence, including review of equity agreements, CIC plans, golden parachute calculations, deferred compensation plans, tax returns, financials, and other documentation to evaluate potential tax risks and opportunities.
• Perform benefits due diligence, including review of retirement plans, Section 125 plans, discrimination testing, Forms 5500, and determination letters for compliance with IRS and DOL requirements.
• 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 worker classification.
• Review and comment on compensation and benefits aspects of financial models, purchase agreements, and structuring calculations.
• Take ownership of assigned workstreams, ensuring timely review and constructive feedback of deliverables, and proactively responding to changes in workflow.
• Coordinate with federal, state and local, and international tax team members, as well as financial and operational due diligence team members, to deliver high-quality integrated work product.
• Begin developing and managing client relationships by communicating and responding to client expectations, gathering relevant data, and tailoring project deliverables.

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, 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.
• 2-5 years of compensation and benefits tax experience or 2-5 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 skills.
• Strong sense of personal motivation and ability to work with a team.
• Ability to work in a dynamic, time-sensitive environment.

Nice-to-haves

• Experience with Mergers and Acquisitions preferred.

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 individual and firm performance