Position Summary

Deloitte Tax LLP seeks a Tax Senior in McLean, VA.

Work You’ll Do

Responsible for supporting holders of debt investments, including financial institutions, hedge funds, private equity firms, insurance companies, and real estate investment trusts and spearheading all aspects of tax information reporting, tax compliance, and tax planning for their debt portfolios. Work with client personnel to develop processes to gather, verify, transmit, and store debt portfolio data. Utilize software tools to confirm and verify client provided bond and trading data for accuracy and completeness. Calculate original issue discount (OID), market discount, premium, taxable gain, basis, and other taxable income and tax basis items. Utilize tax research tools, including LexisNexis, Thompson Reuters, Tax Notes, BNA, and CCH, to develop and confirm positions on areas, including taxation of debt instruments, interest nonaccrual, cost recovery, and bad debts. Develop and utilize tax and data management tools using VBA, Python, Advanced Excel, VBA, SQL, Tableau, and Alteryx. Contribute to practice optimization, eminence, and people development. Support pursuit of new client opportunities among holders of loan, bond, MBS, and ABS securities.

#LI-DNI

Requirements

  • Bachelor's (or higher) degree in Accounting, Finance, Business Analytics, Information Systems, or related field (willing to accept foreign education equivalent).
  • Eighteen months of experience in quantitative and financial modeling and data analytics for tax reporting and analysis, including performing tax technical matter research.
  • Experience must include eighteen months of:
    • Building and utilizing tools in Python, Advanced Excel, VBA, SQL, Tableau, and Alteryx for data analytics and database management;
    • Performing taxable income calculations, including interest, original issue discount, market discount, loan modification, and gain/loss on disposition for distressed loans, mortgage-backed securities (MBS), asset-backed securities (ABS), and other debt instruments;
    • Utilizing Alteryx to develop workflows to facilitate data processing and reduce errors, and utilizing SQL to analyze trade data and identify erroneous trades and sanity checks;
    • Modeling cash flow schedules for securitized products, calculating accruals (OID, MD, Premium), basis, taxable income, and gain/loss, and analyzing collateral cash flows;
    • Researching securities using Intex, Bloomberg, and CCH;
    • Analyzing client portfolios consisting of municipal and corporate bonds, PIK instruments, MBS/ABS, REOs, and whole loans;
    • Coordinating review notes from internal managers and clients, and applying changes to deliverables and processes;
    • Interacting directly with the client on questions and issues to facilitate tax calculations and tax analysis, streamlining existing processes, and developing transformations for digital technology process implementations; and
    • Performing financial analysis and applying financial models for debts and investments to analyze taxable income.

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.


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.

Requisition code: 116901

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