Senior Associate State and Local Tax Asset Management

RSM; Edison (NJ); Hybrid; USD 75,000 - 142,000; Full time

Job summary

RSM is seeking an experienced State and Local Tax Senior Associate to join our Asset Management and Financial Services practice. You will serve private equity, private credit, hedge funds, and related entities, handling multistate compliance and consulting with clients and engagement teams.

You will advise on nexus, apportionment, and pass-through taxation, develop technical analyses, and mentor junior staff while staying current on SALT developments.

Qualifications

• Bachelor’s degree from an accredited college/university.
• Two or more years of relevant state and local income and franchise tax experience within a public accounting/consulting firm or corporate tax firm environment supporting asset management, financial services clients or other partnership and pass-through clients.
• Experience providing guidance or coaching to junior team members.
• Strong analytical, research, organizational, and problem-solving skills.
• Strong written and verbal communication skills.
• Ability to manage multiple assignments and priorities effectively.

Responsibilities

• Provide state and local income and franchise tax compliance and consulting services to asset management and financial services clients.
• Prepare and review multistate tax returns, workpapers, calculations, and partner or investor reporting.
• Research and analyze state tax matters, including nexus, apportionment and sourcing, partnership taxation, withholding, composite filings, pass-through entity taxes, and multistate compliance.
• Communicate with clients and engagement teams to address questions, gather information, and coordinate deliverables.
• Prepare technical analyses and client deliverables and communicate findings clearly and practically.
• Build strong client relationships through responsive, high-quality service.
• Stay current on relevant SALT developments and continue to develop technical and industry expertise.
• Manage assigned projects, priorities, and deadlines while working collaboratively with engagement teams.
• Provide guidance to associates and contribute to a collaborative and supportive team environment.

Skills

SALT tax experience

Analytical skills

Communication skills

Coaching juniors

Education

Bachelor’s degree

Job description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Position Summary

RSM is seeking an experienced State and Local Tax Senior Associate to join our growing Asset Management and Financial Services practice, serving private equity, private credit, hedge funds, investment partnerships, asset managers, management companies, and related entities.

The ideal candidate will have state and local tax experience serving clients in the asset management and financial services industry. We are looking for someone who enjoys working with clients, solving complex tax issues, collaborating with teams, and continuing to develop their technical and professional skills.

As an integral member of the practice, you will have the opportunity to work with sophisticated clients, deepen your SALT and industry expertise, and grow your career alongside the practice.

Responsibilities

• Provide state and local income and franchise tax compliance and consulting services to asset management and financial services clients.
• Prepare and review multistate tax returns, workpapers, calculations, and partner or investor reporting.
• Research and analyze state tax matters, including nexus, apportionment and sourcing, partnership taxation, withholding, composite filings, pass-through entity taxes, and multistate compliance.
• Communicate with clients and engagement teams to address questions, gather information, and coordinate deliverables.
• Prepare technical analyses and client deliverables and communicate findings clearly and practically.
• Build strong client relationships through responsive, high-quality service.
• Stay current on relevant SALT developments and continue to develop technical and industry expertise.
• Manage assigned projects, priorities, and deadlines while working collaboratively with engagement teams.
• Provide guidance to associates and contribute to a collaborative and supportive team environment.

Basic Qualifications

• Bachelor’s degree from an accredited college/university.
• Two or more years of relevant state and local income and franchise tax experience within a public accounting/consulting firm or corporate tax firm environment supporting asset management, financial services clients or other partnership and pass-through clients.
• Experience providing guidance or coaching to junior team members.
• Strong analytical, research, organizational, and problem-solving skills.
• Strong written and verbal communication skills.
• Ability to manage multiple assignments and priorities effectively.

Preferred Qualifications

• An active accreditation obtained, in process or willing and able to obtain one of the following: CPA license in the state of residency, EA, licensed attorney with state Bar
• Familiarity with state and local tax matters

At RSM, we offer a competitive benefits and compensation package for all our people. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

We believe flexibility and in-person connection both play an important role in how we work and grow. Most roles at RSM follow a hybrid workstyle, which means team members are aligned to an RSM office and come together in person when it best supports clients, teams, development or relationship-building. Some roles may be virtual or primarily on-site based on role requirements, team priorities and client needs.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at [e-mail].

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, click here for additional information.

At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Compensation Range: $74,900 - $141,900

Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.