Deloitte - Boise, ID

posted 4 months ago

Full-time - Mid Level
Remote - Boise, ID
Professional, Scientific, and Technical Services

About the position

The Senior Tax Accountant position at Deloitte is a critical role within the internal US Firms Tax (USFT) team, which is part of the Finance and Administration group. This team is responsible for establishing tax policy for Deloitte's US Firms and ensuring compliance with both domestic and international tax regulations. The role involves a comprehensive understanding of federal and state tax laws, as well as the ability to analyze and compute book-tax differences, calculate taxable income, and prepare various tax returns. The Federal & State Direct Tax team specifically focuses on federal partnership returns, state apportionment, and the preparation of K-1 packages for partners. This position requires collaboration with various stakeholders and the ability to manage and develop staff while also transforming processes and technology within the tax function. As a Tax Senior, you will engage in a variety of tasks including the preparation and review of tax schedules and working papers, the production and distribution of annual K-1 packages, and the coordination of federal withholding information returns. You will also assist in tax audits, manage state tax elections, and respond to partner inquiries regarding their K-1 information. The role demands a proactive approach to tax research and the implementation of tax-related legislation, as well as the ability to recommend improvements to business processes related to tax matters. This position is designed for individuals who are not only skilled in tax compliance but also possess strong leadership qualities to guide and mentor junior staff members.

Responsibilities

  • Prepare and review schedules and working papers for the US Firms' partnership federal, state, and local income tax returns, including certain partner-related information.
  • Produce and distribute annual partner K-1 packages, including allocations of income, deductions, and separately stated items to US Firms partners.
  • Assist in the preparation of the US Firms' federal, state, and local income tax returns, including composite nonresident income tax returns and certain partner-related information.
  • Perform tax research as necessary regarding federal and state tax issues affecting the US Firms.
  • Coordinate on federal withholding information returns.
  • Assist in analysis and calculation of required estimated state tax payments.
  • Assist with federal, state, and local tax audits and correspond with authorities regarding audit issues and/or tax notices.
  • Prepare and review selected general ledger accounts monthly for appropriateness of state tax accruals.
  • Assist with engagement 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.
  • Assist with partner questions regarding federal or state or local tax matters related to their K-1 information and withholdings.
  • Assist with implementation of any federal or state or local tax related legislation.
  • Make recommendations on business and process improvements related to US Firms tax matters.

Requirements

  • Bachelor's degree in Accounting/Taxation required.
  • Eligible for CPA or other relevant certification.
  • Three (3) + years of prior experience of federal and state partnership tax compliance, tax research, and tax planning.
  • Excellent communication skills.
  • Prior experience supervising tax professionals on a project or engagement basis.
  • Ability to train and develop staff.
  • Tax forecasting / planning experience.
  • Partner level income allocations.
  • Proficient in Excel.

Nice-to-haves

  • Advanced degree.
  • Experience in a professional services firm.

Benefits

  • Discretionary annual incentive program based on individual and organizational performance.
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