Senior, Tax Analysis & Debt Investments

Tax | Business Tax Svcs
Same job available in 5 locations
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Position Summary

Interested in taking your tax and business experience to a whole new level? Want to work with some of the leading hedge and private equity firms, insurance companies, and banks in the world? Want to be on a team with some of the most diverse backgrounds in the industry – financial analysts, developers, business analysts, attorneys and accountants? This is the place for you!

Work You’ll Do

As a Tax Senior Consultant in this group, you will be responsible for asset-level diligence and analysis on debt investments, preparation and/or review of debt taxable income calculations, preparation and/or review of debt taxable income reports, communicating with clients, their servicers and/or administrators and coordinating staff level client resources. Specific responsibilities include:

  • Calculating taxable income on debt investments including OID, market discount, premium, gain / loss, tax basis, and other items using Deloitte’s proprietary TARDI software and tools.
  • Leveraging proprietary software, third party data providers, and credit agreements to research asset level debt origination terms for corporate bond portfolios, mortgage-backed security portfolios, and mortgage loan pools.
  • Working with monthly client provided trading data to review, transform, process, and reconcile tax specific transactional data within the TARDI software.
  • Performing tax research to address tax technical issues that arise related to debt investment related transactions.
  • Developing requirements for TARDI system enhancements and ongoing testing of TARDI system calculations, processes, and reporting.
  • Supporting pursuit of new client opportunities through 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.

The Team

National Federal Tax Services (NFTS) is a national practice within Deloitte Tax LLP made up of a number of tax service offerings. Each NFTS service offering has been developed and built as a result of a tax planning idea, a marketplace need, or a technological innovation – all with the purpose of delivering results for our clients. Our people are entrepreneurial in spirit and have always had the work-hard/play-hard mentality. NFTS service lines provide tax planning and compliance support for the largest organizations across all industries.

One of our fast-growing, unique service offerings is our Tax Analysis & Information Reporting for Debt Investments (TARDI) practice. Those pursuing investment opportunities in corporate/government debt, MBS, and ABS markets are consistently challenged to properly address the tax planning and compliance that can apply. This quickly becomes a task that is often heavily dependent upon effective data management and a knowledge of financial products and tax principles. Through a combination of tools developed by Deloitte's Securitization and Partnerships Solutions practices, we can assist with the complex tax and reporting needs of large portfolios of fixed income investments.

Qualifications 

Required

  • 3+ years of full-time work experience
  • Bachelor’s degree in accounting, finance, MIS, or related field required
  • At least 1 year of practical knowledge in fixed income financial products, income tax principles and/or project management
  • Highly proficient in Excel
  • CPA, Enrolled Agent, or other appropriate certification (either in process or able/willing to obtain)
  • Limited immigration sponsorship may be available 
  • Due to COVID-19, non-essential travel has been suspended until further notice.

Preferred

  • Advanced degree such as MST, MAcc, or LLM
  • Big 4 experience or equivalent
  • Experience serving clients or directly working within the financial services industry
  • CPA, CFA, PMP, Enrolled Agent, or other appropriate certification
  • Experience with VBA, C#, SQL, Access, and/or Python
  • Financial modeling skills
  • Effective verbal and written communication skills
  • Strong interpersonal skills with management and executive presence 
  • Problem solving capabilities

Our people and culture

Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges. This makes Deloitte one of the most rewarding places to work. Learn more about our inclusive culture.

Professional development

From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career. Learn more about our commitment to developing our people.

As used in this posting, "Deloitte" means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, where applicable. See notices of various ban-the-box laws where available.

Requisition code: 33944

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