Job Summary:
As a Tax Senior Manager, Partnerships, you will be responsible for advising clients on the tax implications of their business objectives and various partnership specific items including but not limited to section 704(b) and taxable income allocations, capital account maintenance, liability analysis and allocations, section 734(b) and 743(b) adjustment calculations and Tax Receivable Agreement (TRA) calculations. In this role, the Tax Senior Manager, Partnerships will apply their knowledge and experience to understand potential partnership taxation issues and assist in the preparation of partnership specific computations. The Tax Senior Manager, Partnerships is a critical member of the STS Partnerships leadership team and actively participates in the marketing and business development of the group. In addition, the Tax Senior Manager, Partnerships develops and drives process improvement and team-building initiatives, maintains client relationships, and acts as a source of guidance to other team members.
Job Duties:
Tax Specialization
Maintains and develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation Develops an in-depth understanding of the technical and practical issues and opportunities regarding partnership taxation May be required to organize and conduct, or participate in conducting, effective external CPE training sessions in area of specialization, involving Firm specialists, at a minimum of once per year Trains and mentors associates, senior associates, and managersResearch
Identifies when research is needed; clearly and concisely frames issues to be researched; and clearly and concisely reports the analysis Identifies complex issues to be researched by engagement team and provides research methodology for efficient research process Trains associates, senior associates, and managers on research skills and helps to appropriately frame tax issues for analysis Involves firm specialists, as appropriateTax Consulting
Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes Applies the combination of tax knowledge and knowledge of business/industry to recommend solutions Maximizes client benefits, especially by decreasing client taxes, while managing risk Implements applicable Firm strategies Manages client expectationsStrategy Development
Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits Researches and implements tax strategies, including experimentation with promising new strategies and ideas Consistently makes suggestions as to how previous work products or approaches can be improved May lead marketing campaigns, if applicable to role Presents complex strategies to clients and prospective clients Other duties as requiredSupervisory Responsibilities:
Supervises associates, senior associates, and managers on all projects Reviews work prepared by associates, senior associates, and managers and provides review comments Trains associates, senior associate, and managers how to use all current software tools Acts as a career advisor to associates, senior associates, and managers Schedules and manages workload of associates, senior associates, and managers Provides verbal and written performance feedback to associates, senior associates, and managersQualifications, Knowledge, Skills and Abilities:
Education:
Bachelor’s degree, required; major in Accounting, Finance, Economics or Statistics, preferred Master’s in Accountancy or Taxation, preferredExperience:
Eight (8) or more years of prior relevant tax experience and/or public accounting, private industry accounting or consulting/professional services experience, required Specialized partnership experience, required Prior supervisory experience, required Private equity experience, both fund and portfolio company levels, preferredLicense/Certifications:
CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent (“EA”) (or the equivalent of one of these designations), preferred Possession of other professional degrees or certifications applicable to role, preferredSoftware:
Proficient with the Microsoft Office Suite, preferred Experience with tax research databases and tax compliance process software, preferredLanguage:
N/AOther Knowledge, Skills & Abilities:
Superior verbal and written communication skills Ability to effectively delegate work as needed Strong analytical, research and critical thinking skills as well as decision-making skills Ability to work well in a team environment Able to develop and manage a team of tax professionals Able to effectively develop and maintain client relationships Solid organizational skills, especially ability to meet project deadlines with a focus on details Ability to successfully multi-task while working independently and within a group environment Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously Ability to build and maintain strong relationships with firm and client personnel and the ability to successfully interact with professionals at all levels Ability to cultivate a positive team environment on engagements and contribute to the professional development of team personnel Executive presence and ability to act as primary contact on assigned engagements
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.
National Range: $99,750 - $262,500
NYC/Long Island/Westchester Range: $99,750 - $262,500
Washington DC Range: $99,750 - $262,500