Transaction Tax Manager

Grant Thornton International Ltd; Chicago (IL); On-site; USD 173,000 - 188,000; Full time

Job summary

Grant Thornton International Ltd is seeking an experienced Transaction Tax Manager to lead tax planning, consulting, and compliance on M&A projects for multiple clients. You will collaborate with the M&A and Transaction Services teams to direct engagements and assist in tax due diligence and restructurings.

You will manage and mentor junior staff, maintain client relationships, and produce written tax communications while traveling as required to meet client needs.

Qualifications

• Bachelor's degree in Accounting; Master's in Taxation/LLM in Taxation strongly preferred; other advanced degrees listed.
• CPA or JD/active law license required.
• Experience in Corporate, S-Corp. and/or Partnership returns.
• Six to ten years of progressive federal tax consulting and/or compliance experience; three to five years in M&A tax services.
• Excellent analytical, technical, and tax accounting skills with knowledge of US GAAP and tax returns.
• Exceptional client service and communication skills; ability to develop client relationships.
• Willingness to travel as needed.

Responsibilities

• Lead innovative tax planning, consulting, and compliance on M&A projects for multiple clients.
• Collaborate with the M&A and Transaction Services teams to plan, execute, and direct engagements.
• Manage, train, and mentor Senior Associates, Staff, and Interns on projects and reviews.
• Maintain active communication to manage expectations, deadlines, and change initiatives.
• Assist in buy-side and sell-side tax due diligence and tax-efficient restructurings.
• Prepare written tax communications and respond to tax authorities as needed.
• Assist Senior Managers with project development and client pursuit initiatives.
• Analyze tax attributes and IRC-related limitations for various client scenarios.

Skills

M&A tax consulting

Tax planning

Tax due diligence

Client relationship management

Communication skills

Analytical skills

Education

Bachelor's in Accounting

Master's in Taxation

CPA or JD

Tools

Tax software

Spreadsheet modeling

Job description

As the Transaction Tax Manager you'll lead innovative tax planning, consulting, and compliance skills on M&A projects for your multiple clients - all with the resources, environment, and support to help you excel. You'll collaborate with the M&A team and assist leading on planning, execution, and direction of engagements because together is how we succeed.

From day one, you'll be empowered by high quality tools and resources to thrive in their role to meet client needs and help you achieve more confidently.

Your day-to-day may include:

• Manage, develop, train, and mentor Senior Associates, Staff, and Interns on M&A projects and assess performance for engagement and year-end reviews
• Maintain active communication during engagement to manage expectations, ensure satisfaction, make sure deadlines are met, and lead change efforts effectively and efficiently
• Work closely with our Transaction Services colleagues, focusing on the tax aspects of mergers and acquisitions and other transactions-related work
• Assist in conducting buy-side and sell-side tax due diligence, advising on tax efficient acquisitions and divestments, advising clients on tax efficient restructurings, reviewing taxes in financial models, and reviewing transaction documents
• Be involved in researching tax issues, preparing written communication in a succinct and deal-driven manner, helping clients with responses to tax authorities, and assisting clients in strategizing on the tax aspects of the transactions
• Assist Senior Managers on project development, client pursuit initiatives and the management of priority accounts
• Perform analysis of a client's tax attributes surrounding certain business events including tax basis of assets and stock, tax accounting for M&A driven transaction costs and corporate earnings and profits
• Perform detailed analyses of net operating loss/tax credit carry forward limitations pursuant to IRC Section 382 for both private and public clients
• Other duties as assigned

You have the following technical skills and qualifications:

• Bachelor's degree in Accounting. Master's in Taxation/LLM in Taxation strongly preferred. Also accepted: Masters or Ph.D. in Economics, Statistics, Public Policy, Mathematics, Business, Finance, Financial Engineering, Management Science and Engineering, Financial Mathematics, Industrial Engineering or Operations Research
• Minimum six to ten years of progressive federal tax consulting and/or compliance experience in public accounting or a combination of corporate and public accounting experience. Three to five years of qualified Mergers and Acquisitions tax services
• CPA or JD/active law license required
• Experience in Corporate, S-Corp. and/or Partnership returns
• Excellent analytical, technical, and tax accounting/technology skills with proficiency in US GAAP, tax compliance, corporate consolidated returns, consolidated federal tax returns, partnership returns, and combined state tax returns
• Exceptional client service and communication skills with a demonstrated ability to develop and maintain outstanding client relationships
• Computer expertise including knowledge of tax software, technology, including spreadsheet modeling
• Can travel as needed
• The base salary range for this position is between $172,500 and $187,500. Placement within the pay range is at Grant Thornton's discretion, and it is based on multiple factors, including but not limited to, job -related knowledge/skills, experience, business needs, progression within the role, geographic location, and internal equity. At Grant Thornton, compensation decisions are dependent upon the facts and circumstances of each position and candidate.

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