Tax Senior - Financial Services Industries - Hedge Fund Tax

Min 3 yrs required

Full-time

No

# Tax Senior - Financial Services Industries - Hedge Fund Tax (West Region Locations)

## Position Summary

Are you a leader and passionate about financial products and understand tax planning and returns, identifying complex tax issues for a variety of hedge fund clients, Subchapter K, wash sale and constructive sale rules, and aggregate allocations? If this is music to your ears, and you love a challenge and a very fast-paced environment, Deloitte Tax LLP has the career for you!

## What You’ll Do

As a Tax Senior in the Hedge Fund Tax practice, you will be responsible for:

- Identifying complex tax issues and providing tax analyses for a variety of hedge fund clients and their affiliates.
- Having a solid understanding of Subchapter K related to hedge fund structures, financial products and related tax adjustments, and aggregate allocations.
- Conducting trader vs. investor determination, and identifying necessary federal, international and state investor reporting.
- Performing detail-level review of tax workpapers, allocations and tax returns, as well as performing research to advise on transactional and tax planning opportunities with the support of the Washington National Tax group.
- Building relationships as you coordinate and communicate with the client contacts to gather information.
- Training, mentoring and supervising new and experienced-level staff and attending required Deloitte Tax LLP and sector-specific training.

## The Team

Deloitte Tax LLP works with clients from Investment Management industry to address a range of critical issues brought on by regulatory changes, competition, globalization, advances in technology, and the changing demands of their investors/customers. Our US tax industry group is comprised of more than 1,400 partners, principals, and employees providing a spectrum of tax services to a broad range of Investment Management companies. Our clients include investment advisers and administrators from every sector of the industry, including hedge funds, private equity, alternative products, family offices, mutual funds, broker-dealers, banks, insurance companies, and other investment managers.

## Qualifications

**Required:**

- Ability to perform job responsibilities within a hybrid work model that requires US Tax professionals to co-locate in person 2-3 days per week
- 3+ years’ experience providing tax planning services or preparing and reviewing client work papers and income tax returns
- Bachelor’s degree in accounting, finance, or other business-related field
- One of the following accreditations obtained, in process, or willing and able to obtain:
- Licensed CPA in state of practice/primary office if eligible to sit for the CPA
- If not CPA eligible:
- Licensed attorney
- Enrolled Agent
- Certifications:
- Chartered Financial Advisor (CFA)
- Certified Financial Planner (CFP)
- Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you serve

**Preferred:**

- Advanced degree such as MST, MAcc, JD, or LLM
- Previous Big 4 experience
- Demonstrated basic understanding of Subchapter K, financial products, wash sale and constructive sale rules, as well as familiarity with aggregate allocations
- Experience working in a fast-paced, team environment
- Strong verbal and written communication skills
- Knowledge of fund accounting and general ledger accounting

## Salary Range

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $63,420 to $144,300.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

## Additional Benefits

- Recruiting tips from Deloitte recruiters to develop a stand out resume and put your best foot forward in the interview.
- Benefits at Deloitte, such as a broad range of benefits to our people.
- An inclusive culture that empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively.
- Professional development opportunities to build new skills, take on leadership opportunities, and connect and grow through mentorship.
- Deloitte's purpose to make an impact that matters for our clients, our people, and in our communities.
- Core commitments to advance sustainability, equity, and trust.

Diverse, equitable, and inclusive culture, broad range of benefits, continuing to grow throughout their career

Ability to perform job responsibilities within a hybrid work model, 3+ years’ experience providing tax planning services or preparing and reviewing client work papers and income tax returns, Bachelor’s degree in accounting, finance, or other business-related field, One of the following accreditations obtained, in process, or willing and able to obtain, Advanced degree such as MST, MAcc, JD, or LLM, Previous Big 4 experience, Demonstrated basic understanding of Subchapter K, financial products, wash sale and constructive sale rules, as well as familiarity with aggregate allocations, Experience working in a fast-paced, team environment, Strong verbal and written communication skills, Knowledge of fund accounting and general ledger accounting

Bachelor’s degree in accounting, finance, or other business-related field

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Qualification and Experience Licensed CPA in state of practice/primary office if eligible to sit for the CPA, Licensed attorney, Enrolled Agent, Chartered Financial Advisor (CFA), Certified Financial Planner (CFP)

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