Deloitte Tax Manager, Partner Matters in Pleasanton, California
J ob Role Overview: This role is part of the U.S. Firms' Taxes - Partner Tax Matters ("PTM") team.
Job Overview & Key Relationships: As our PTM Manager, you will be responsible for producing and distributing the annual K-1 packages for all active and retired Deloitte US partners. This requires involvement in various processes including federal K-1 preparation, special allocations, state apportionment, federal to state law adjustments per person, state K-1s, miscellaneous state required schedules, and the withholding, PET and composite returns. You will also coordinate the withholding of estimated payments from partners distributions and their yearly payments reconciliations; onboard, manage and retain our staff; and provide guidance to our IT programmers on any system changes and requirements as needed.
Produce and distribute annual partner K-1 packages
Manage the annual partner state tax elections process and the collection of nonresident non-joiner affidavits; review withholding, PET and composite taxes per partner calculations
Review state tax apportionment calculations and state add-back/subtraction adjustments
Review of partner state and local K-1 information for Deloitte US Firms' partners, and draft communications related thereto
Coordinate the State and Local tax return preparation with the State compliance team, filings for partnership tax returns, composite nonresident returns, PET, and nonresident withholding tax returns.
Coordinate on federal withholding information returns with federal compliance team
Coordinate the electronic filing / uploads to State compliance team
Coordinate with Deloitte Tax PPMD tax preparer team
Assisting with partner questions regarding federal, multistate, and local tax matters related to their Deloitte K-1 information and withholdings
Manage implementation of any federal, multistate, or local income tax related legislation impacting K-1 reporting or partner tax withholdings
Conduct federal, multistate, or local tax technical research as needed
Lead the team in implementing new PET calculations at partner level
Obtain and distribute IRS tax residency certificates annually
Manage preparation and archiving of documentation on State tax positions and issues
Make recommendations on business and process improvements related to partner level tax matters
Master's degree in Accounting/Taxation required
CPA or other relevant certification
Five (5) + years of prior experience in state and local/multistate for passthrough entities
Excellent communication skills
Maintains strong knowledge of federal and multistate partnership tax compliance, tax reporting, tax research, and tax planning
Prior experience supervising tax professionals on a project or engagement basis
Ability to train and develop staff
Tax forecasting / planning experience
Partner level income estimation
Proficient in Excel
Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
Experience with Microsoft SQL
Software development life cycle knowledge
Knowledge of Thomson Reuters' OneSource Income Tax
For individuals assigned and/or hired to work in Colorado or Nevada, Deloitte is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is specific to the State of Colorado and the State of Nevada and 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 $95,070 to $175,080.
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.