Deloitte US

Deloitte Tax LLP seeks a Tax Manager in Chicago, Illinois.

Work You’ll Do
Plan and provide guidance for multiple tax engagements, as well as offer expertise to provide multinational clients with professional economic analytical services. Oversee research of complex tax issues and ensure their resolution by subordinate professional accountants, including Tax Seniors. Oversee the preparation and review of complex financial statements and transfer pricing reports. Formulate tax planning strategies utilizing accounting methods and periods, capital transactions, corporate taxation, and IRS practice and procedures. Determine the potential impact of such developments on client business. Devise and execute database searches for companies in the U.S. and foreign markets. Responsible for incorporating financial information into a standard financial model and conducting economic, financial and accounting analyses. Supervise assignments by Tax Consultants and Tax Seniors in the group and hold responsibility for the development and motivation of engagement staff by providing them with leadership, counseling and career guidance.

Requirements
Master's degree in Economics, Finance, Accounting, Business Administration or related field (willing to accept foreign education equivalent) and three (3) years of experience as a Tax Manager or related occupation gaining experience preparing transfer pricing reports documenting intercompany transactions for various multinational companies.

Experience must include three (3) years of:

• Reviewing technical aspects of the U.S. transfer pricing regulations (IRC 482) and the OECD transfer pricing guidelines regulatory framework of transfer pricing documentation and consulting work;
• Analyzing U.S. regulations and their OECD counterparts governing intangibles and cost-sharing arrangements;
• Drafting transfer pricing materials for multilateral Advance Pricing Agreements, and transfer pricing reports for global tax compliance in accordance with U.S. transfer pricing regulations and OECD guidelines;
• Utilizing tax research tools and transfer pricing databases, including Bureau van Dijk (Amadeus), RoyaltyStat, ktMINE, S&P Capital IQ, EMIS and IBIS World, and statistical software, including MS Excel, designed to conduct transfer pricing analysis;
• Applying new regulatory principles and guidelines under OECD's Base Erosion and Profit Shifting (BEPS) initiative, preparing country-by- country reports, functional analysis, Local file, Masterfile to document client's global business structure, and the functional and risk related information;
• Performing periodic reviews on transfer pricing calculations and risk assessment;
• Assisting clients with preparation for tax audits, representing clients in negotiations with tax authorities, and reviewing workpapers and memos;
• Utilizing various economic modeling methods, including discounted cash flow, income, residual profits, services costs, and other relevant methods as described in the U.S. transfer pricing regulations or their OECD counterparts, to perform valuation of intangible/tangible assets in the context of transfer pricing;
• Interacting directly with senior management of the engagement team and clients to discuss issue resolution, recommendations, and risk assessments, and performing business development responsibilities to expand business opportunities with existing clients and pursue new business opportunities; and
• Assisting with the full engagement lifecycle, including staffing, budgeting, billing, and finalizing projects, and mentoring and coaching junior team members.

Position requires approximately 20% domestic travel.

Other
Hours: M-F, 40 hours/week;
Annual Salary: $111,090.00 - $206,310.00

If offered employment, must have legal right to work in U.S. EOE, including disability/veterans.