Job Title: Tax Senior Manager - Tax Analysis & Debt Investments
Job Responsibilities:
As a Senior Manager in the Tax Analysis & Debt Investments group, you will be tasked with several key responsibilities that are essential for managing and executing tax-related activities for clients with significant debt investments. Your role will involve:
- Managing relationships with clients and ensuring timely reporting of project milestones and dependencies.
- Monitoring risks and issues to escalate appropriately and executing day-to-day management activities.
- Overseeing asset-level diligence and analysis on debt investments, including the preparation and/or review of debt taxable income calculations and reports.
- Communicating with clients, their servicers, and/or administrators, and leading client resources.
- Calculating and/or reviewing taxable income on debt investments, such as Original Issue Discount (OID), market discount, premium, gain/loss, tax basis, and other items using proprietary software and tools.
- Researching asset-level debt origination terms for corporate bond portfolios, mortgage-backed security portfolios, and mortgage loan pools using proprietary software, third-party data providers, and credit agreements.
- Leading client engagements by communicating with clients, managing and supporting team professionals, developing a game plan to execute on client engagements, and reviewing deliverables.
- Performing tax research to address technical issues related to debt investment transactions and training younger professionals on applicable technical issues.
- Developing requirements for system enhancements and ongoing testing of system calculations, processes, and reporting.
- Supporting the pursuit of new client opportunities through the review of prospective client debt holdings, development of marketing decks, and analysis of industry public filings.
- Working within a team and supporting and mentoring junior staff.
Education and Experience Information:
Required qualifications for this position include:
- A Bachelor's degree in accounting, finance, MIS, or a related field.
- A minimum of 8 years of full-time professional experience.
- Practical knowledge in fixed income financial products, income tax principles, debt instruments, and/or project management.
- Big 4 experience or equivalent professional background.
- Experience in data analytics and solid technology skills.
- One of the following active accreditations:
- Licensed CPA in the State of Practice/Primary Office if eligible to sit for the CPA.
- Licensed Attorney or Enrolled Agent if not CPA eligible.
- Certifications such as Project Management Professional (PMP) or Chartered Financial Advisor (CFA).
- Ability to travel up to 25%, on average, based on the work and clients served.
Preferred qualifications include:
- An advanced degree in Accounting, Finance, LLM, or another applicable field.
- Proven problem-solving capabilities.
- Experience serving clients or directly working within the financial services industry.
- Solid experience in financial system design and implementation.
- A background in financial portfolio review, regulatory reporting, and bond administration.
Salary Information:
For individuals assigned and/or hired to work in New York City, the company is required by law to provide a reasonable estimate of the compensation range for this role. The compensation range specific to New York City takes into account a variety of factors, including skill sets, experience and training, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current range is $152,530 to $347,230. Additionally, you may be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, where an award, if any, depends on various factors including individual and organizational performance.
This position offers an exciting opportunity to work with leading hedge and private equity firms, insurance companies, and banks. It is a role that combines the need for strong tax and business acumen with the ability to manage complex client engagements and deliver innovative solutions in the field of debt investments.
