Deloitte Tax Manager, Transaction & Integration Services (T&IS) - Transaction Cost Recovery Services in San Francisco, California
M&A Transactions. Divestitures. Integrations. Joint Ventures. Legal Entity Rationalization. You know what these terms mean and you have strong compliance and/or tax provision skills. You have worked with public companies and/or large multi-nationals and desire to join a team that is fast-paced, cross collaborative and project focused. If these descriptions interest and excite you, a job with Deloitte's National T&IS team may be a great fit for you!
Work You'll Do
As a T&IS Tax Manager focused on TCRS, you will:
Review complex transaction structures to determine the tax treatment of transaction costs in accordance with Treas. Reg. §1.263(a)-5.
Gain familiarity with various transactions including mergers, acquisitions, SPAC transactions, bankruptcies, spin off/separations, etc.
Network and team with other service lines, such as Mergers & Acquisitions and Business Tax Services, to identify and pursue new opportunities.
Manage transaction cost projects effectively and efficiently with a focus on process, excellent client service, and financial metrics.
Review public filings, transaction agreements, and tax returns to understand the transaction and resulting tax implications.
Review junior team member's work product and provide constructive developmental feedback.
Direct and perform tax research, formulate tax-planning strategies, and review deliverables, working with others within Deloitte Tax to ensure delivery of impactful client service at the highest possible level.
Lead the pursuit of marketplace opportunities with respect to Transaction Cost Analysis projects and other T&IS opportunities.
Expand your tax research skills via tax research involving IRS Code, Treasury Regulations, and case law.
Plan and supervise assignments by tax professionals at the Senior Consultant and Consultant levels with Deloitte Tax, focusing on project management and effective communication skills.
Be responsible for the development and motivation of the engagement teams and provide them with leadership, counseling, and project guidance, including Deloitte's USI practice.
Demonstrate sound judgment and instincts with respect to evaluating complex scenarios and priorities, all while supervising and developing our people and managing multiple client projects and firm initiatives.
National Federal Tax Services (NFTS) is a national practice within Deloitte Tax LLP made up of multiple tax service offerings, including Transaction & Integration Services (T&IS). The T&IS practice advises businesses and their investors on tax matters associated with acquisitions, integration, divestitures, joint ventures, bankruptcy emergence, public equity offerings, and legal entity realignment. Within this team, a segment of the group is focused on Transaction Cost Recovery Services (TCRS). This subgroup advises clients undergoing corporate life changes such as mergers, acquisitions, divestitures, bankruptcies, or other capital transactions with several valuable tax planning opportunities that address the potential deductibility and amortization of a portion of the transaction-related costs paid to third-party advisors (i.e., investment bankers, attorneys, accountants, and other consultants). The TCRS team's refined and streamlined approach helps clients to focus on a wide variety of applications including:
Assisting with the analysis of significant fees paid to investment bankers, legal, accounting, and consulting advisors to assess whether there are amounts not required to be capitalized under Reg. § 1.263(a)-5 that can be recovered through current deductions or amortization.
Determining the proper legal entity to take the transaction costs into account for tax purposes.
Providing comprehensive documentation to support the timing and nature of the services rendered by third-party advisors.
Minimizing the effective tax rate impact of FASB Accounting Standards Codification 805 (ASC 805).
Bachelor's degree in Accounting, Business, or Finance
5+ years' experience in core federal tax compliance, including federal and/or international
A background in tax compliance and accounting for income tax and a broad understanding of US income taxation
Some exposure to ASC 740, tax accounting, and basic multi-state and international tax principles
Experience participating in all aspects of engagement strategic planning initiatives and supervising broad project teams
One of the following accreditations obtained:
Licensed CPA in state of practice/primary office if eligible to sit for the CPA
If not CPA eligible:
No extensive travel required
Advanced degree such as MST, MAcc, or JD
Working knowledge of corporate tax issues associated with capital transactions, including substantial experience in taxation of corporations and their shareholders, partnerships and their partners, and similar disciplines
Experience in coaching and mentoring junior colleagues
Self-starter with demonstrated ability to effectively handle multiple, competing priorities
Entrepreneurial spirit with an appreciation for quality and risk management
Strong excel skills
Interest/experience in leveraging technology to improve processes
Demonstrated effective verbal and written communication skills
Strong interpersonal skills with a management and executive presence
Highly disciplined and able to work under strict deadlines in fast-paced collegial environment
Previous Big 4 experience or equivalent
Limited Sponsorship may be available