Tax Manager - Private Equity Portfolio Company

rsm; Chicago (IL); On-site; USD 120,000 - 180,000; Full time

Job summary

RSM is seeking a dynamic Tax Manager to join the Partnership Tax team within the Private Equity Portfolio Company practice. You will provide compliance and consulting services for partnerships/LLCs, focusing on partnership transactions, allocations, and complex tax matters.

You will guide clients through planning, research, and tax compliance while collaborating with US and India teams and supporting new business development. Strong technical skills and leadership are essential.

Qualifications

• Bachelor's degree in accounting or business-related field.
• Active CPA/EA/Attorney license or pre-approved alternative certification.
• 7+ years of corporate federal tax compliance and tax consulting experience.
• 5+ years in public accounting focusing on partnership taxation.
• Experience with S-Corps or Partnerships/LLCs.
• Strong Excel and Word skills.

Responsibilities

• Advise clients on partnership tax services, including planning, research, compliance, allocations, and general transactional activities.
• Assist with new business development and expanded service for existing clients.
• Develop, motivate, and train staff level team members.
• Manage partnership client needs with respect to tax services and federal/state compliance.
• Develop and sustain strong client relationships and provide industry knowledge.
• Keep up to date on current tax practices and changes in tax law.
• Provide detailed review and analysis of complex tax returns.
• Coordinate tax services for clients across the US with cross-border considerations.

Skills

Verbal communication

Written communication

Excel

Word

Partnership tax

M&A experience

Education

Bachelor's degree in accounting or business-related field

Tools

Bloomberg BNA

RIA Checkpoint

CCH Axcess

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.

Our Private Equity Portfolio Company practice serves both partnership and corporate companies, the majority of which are owned by Private Equity Funds. This particular role offers the opportunity to join the Partnership Tax team, a high-performing, high-growth team that advises clients on their tax strategy and compliance obligations using both industry and technical expertise with our cross-functional teams, especially our Financial Services team. Our professionals help to guide their clients through M&A transactions and capital account analysis, all while delivering digitally-enabled services in conjunction with our world-class tax technology offerings.

RSM is looking for a dynamic Tax Manager to join our growing tax team. In your important role as Tax Manager for RSM, you will use your expertise in taxation to provide compliance and consulting services to operating entities structured as partnerships/LLCs. Candidates must be familiar with the tax consulting process and possess the analytical skills necessary for the effective diagnosis, development, and implementation of solutions to clients' tax needs. With RSM, you'll have the opportunity to develop and pursue creative approaches to resolve client issues. This role has a strong focus on dealing with partnership transactions, allocations, and complex partnership taxation.

Responsibilities

• Advise clients on a full range of partnership tax services, including planning, research, compliance, allocations, and general transactional activities
• Assist with new business development, extended service, and tax issue recognition for existing clients
• Develop, motivate, and train staff level team members
• Manage partnership client needs with respect to tax services and federal and state tax compliance
• Develop and sustain strong client relationships
• Keep up to date on current tax practices and changes in tax law
• Provide industry knowledge and expertise
• Work in harmony with the U.S. team and continue to develop the teams both in US and India
• May have people leadership responsibilities
• Provide detailed review and analysis of complex tax returns
• Work on multiple complex issues while communicating in a non-technical manner to facilitate communication between the client and the service team while managing the risk for both the client and the firm
• Serve as the Tax client service coordinator for appropriate clients
• Advise clients on a full spectrum of tax services, including planning, research, compliance, and general mergers and acquisitions activities
• Assist with new business development, extended service, and tax issue recognition for existing clients
• Manage corporate client needs with respect to tax services and federal and state tax compliance

Basic Qualifications

• Bachelor's Degree in accounting or business-related field
• One of the following is required: active CPA license in the state of residence; active Enrolled Agent (EA) license; active Attorney license; or a pre-approved alternative certification that meets RSM requirements
• Must have at least 7+ years of corporate federal tax compliance and tax consulting experience pertaining to planning, research and general mergers and acquisitions activities
• Experience in public accounting with at least 5+ of those years focusing on partnership taxation
• Experience with one or more of the following: S-Corps or Partnerships/LLCs
• Effective verbal and written communication skills
• Strong Microsoft Excel and Word skills required

Preferred Qualifications

• A proven record of building profitable, sustainable client relationships, simultaneously managing multiple projects and engagement teams for various clients
• Project management and critical thinking skills
• Outstanding organizational and time management skills; ability to prioritize multiple assignments
• Working knowledge of tax code and technical aspects of tax preparation and compliance
• Strong technical skills in accounting and tax preparation and industry specialization
• Ability to handle multiple tasks simultaneously
• Experience in dealing with international tax matters would be a plus
• Experience with tax research tools (Bloomberg BNA, RIA Checkpoint, etc.) and tax preparation technology (CCH Axcess preferred)
• Experience with partnership taxation
• Experience/familiarity with capital account analysis
• Experience/familiarity with 704 ©, 754 matters and M&A implications related to PPA
• International tax matters K-2/K-3 reporting

At RSM, we offer a competitive benefits and compe