Senior Manager, Washington National Tax - Financial Instruments

Are you ready to tackle some of the most complex and consequential issues in tax? Join Deloitte's Washington National Tax (WNT) Financial Instruments Group, where you'll work alongside leading professionals on challenging technical tax matters, advise on innovative financial products, and help shape solutions for some of the world's most sophisticated organizations. We're seeking an experienced tax professional to join our dynamic, high-caliber practice.

Work you'll do

As a Senior Manager in our Washington National Tax practice, you will work with a team of specialists to analyze federal income tax issues faced by a wide variety of clients (such as multinational corporations, major financial institutions, investment funds and asset managers among others) in a variety of settings (such as debt workouts, mergers and acquisitions, and investment management). You will assist in advising clients on complex tax issues involving debt, derivatives and digital assets. For example, on the same day, you may:

• Consider whether an instrument issued by a multinational corporation is debt or equity, and if such instrument is debt, how to tax account for interest accruals and whether any interest expense limitation provisions apply;
• Evaluate whether a derivative entered into by a hedge fund is properly classified as a notional principal contract and whether the straddle rules may impact the treatment of such activity; and
• Assist with determining the tax consequences of a loan of digital assets.

A successful candidate would possess these skills:

• Ability to work independently and collaborate as part of a team
• Effective written and verbal communication skills
• Meticulous attention to detail and quality of work product
• Builds and sustains professional relationships
• Leads projects or workstreams
• Manages and prioritizes multiple tasks in a fast-paced and dynamic environment
• Strong interpersonal skills and professional demeanor
• Ability to mentor and provide clear guidance to others

The Team

Deloitte Tax's WNT professionals offer unique insight into the many factors affecting taxation, from the tax policies that drive federal tax legislation, to understanding the technical nuances that may create compliance exposure. Professionals in the WNT practice are a select group of specialists whose knowledge, skills, and experience are integral to understanding technical issues. Deloitte Tax's WNT professionals work closely with practice office tax professionals and across Deloitte functions, as well as with clients, to evaluate complicated issues and help manage risk in today's increasingly sophisticated business world.

Qualifications

Required:

• Ability to perform job responsibilities within a hybrid work model that requires US Tax professionals to co-locate in person 2 - 3 days per week
• Bachelor's degree in accounting, finance, or related field
• 8+ years' experience in taxation in a law firm or 8+ years' experience in taxation at a law firm, public accounting firm or similar practice environment
• Limited immigration sponsorship may be available
• Ability to travel up to 10%, based on the work you do and the clients and industries/sectors you serve
• One of the following active accreditations obtained:
• • Licensed CPA in state of practice/primary office if eligible to sit for the CPA exam
  • If not CPA eligible:
  • • Licensed attorney
    • Enrolled agent
    • Other Certifications
    • • Certified Financial Accountant (CFA)
      • Certified Financial Planner (CFP)

Preferred:

• An advanced degree such as MS in Taxation, JD and/or LLM
• Strong analytical abilities
• Excellent oral and written communication skills

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $220,875 to $368,125.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.