Senior Managing Director

KPMG LLP; New York (NY); On-site; USD 350,000 - 600,000; Full time

Job summary

KPMG LLP in New York seeks a Senior Managing Director to lead our International Tax practice, advising global banking clients on BEPS, Pillar Two, and cross-border financing structures.

You will develop the practice, manage multi-disciplinary teams, and mentor staff while driving business development with internal partners and external clients, all while keeping current on evolving tax legislation and reporting requirements.

Qualifications

• 10+ years of financial services, banking and tax experience in accounting, financial institution or law firm.
• Licensed CPA, JD/LLM or Enrolled Agent.
• Experience advising U.S. and global banking/FS institutions on international tax considerations (BEPS 2.0, Pillar Two).
• Strong business development and ability to build client relationships.

Responsibilities

• Develop and lead KPMG's International Tax practice for banking clients.
• Direct tax compliance and consulting services for global banking organizations; manage cross-border tax structuring and reporting.
• Lead client engagements and multiple teams; mentor staff and foster collaboration across services.
• Drive market and business development with firm leadership and clients; participate in training and knowledge sharing.

Skills

Financial Services

Tax

Banking sector

Business development

Leadership

Education

CPA

JD/LLM

Enrolled Agent

Bachelor's degree

Job description

KPMG is currently seeking a Senior Managing Director to join our International Tax practice.

Responsibilities:

• Play a key role in developing KPMGs International Tax practice and advising clients across the firms services and offerings, including directing tax compliance and consulting services for global banking organizations with a focus on tax reporting, structuring and tax risk management
• Monitor and clearly communicate tax legislative developments, including how legislative changes apply to specific client circumstances, with a focus on issues relevant to the banking sector
• Build, manage, direct and monitor multiple client engagement teams while maintaining active communication with clients to manage expectations and help ensure client satisfaction; demonstrate a desire for innovation, including actively embracing new technologies
• Lead, participate in and contribute to market and business development activities, including identifying and pursuing new potential client service opportunities by collaborating with KPMGs Audit, Tax and Advisory practices; partner with members of firm leadership, including the local office tax leader, to execute on the strategic priorities of the firm and tax practice
• Teach international tax concepts at internal and external trainings and seminars, tailoring content to the respective audience; contribute to the growth, experience and institutional knowledge of staff level team members
• Demonstrate KPMG values through interactions with internal teams and within the community; actively participate in events located at our clients, within our communities and in KPMG facilities across the country

Qualifications:

• Minimum 10 years of recent focused Financial Services, banking and tax experience in an accounting firm, financial institution and/or law firm with in-depth knowledge of current issues facing the domestic and international banking industry
• Bachelors degree from an accredited college/university and licensed CPA, JD/LLM or Enrolled Agent
• Previous experience advising U.S. and global banking and financial services institutions on key international tax considerations, including navigating BEPS 2.0 and Pillar Two implications and interaction with U.S. GILTI and related compliance and data challenges; applying U.S. international tax regimes particularly as they relate to cross-border financing structures and intercompany financial transactions; understanding the operational and compliance requirements associated with global transparency and reporting frameworks such as FATCA, CRS and country-by-country reporting (CbCR), including management of complex, multi-jurisdictional data across banking systems; familiarity with regulatory reporting obligations and evolving global disclosure regimes; awareness of the implications of unilateral and emerging tax measures, including digital services taxes (DSTs), on digital banking platforms, fintech offerings and data-driven revenue streams and navigating U.S. taxation of foreign banking organizations, including Effectively Connected Income (ECI), Section 882 interest expense allocation and branch profits tax
• Demonstrated track record of business development with the ability to develop and maintain existing internal and external client relationships and help build new relationships with key targets
• Demonstrated experience leading multiple engagements and client service teams as well as developing and mentoring staff within a collaborative team environment
• Excellent written and verbal communication skills with the ability to evaluate and articulate complex information