Partnership Taxation Senior Associate II at Grant Thornton - Americas

Downers Grove, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Sep, 26

Salary

112000.0

Posted On

04 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Partnership Taxation, S Corporation Tax, Tax Compliance, Tax Consulting, US GAAP, Sub-chapter K, Asset Management, Private Equity, Hedge Funds, Thomson Reuters GoSystem, CCH Axcess, IRC 704b, Tax Planning, IRS Inquiry Response, Staff Mentoring, Budget Management

Industry

Professional Services

Description

Job Title: Senior Associate – Partnership Tax for Multiple Openings Approved Locations: 3333 Finley Road, Suite 700, Downers Grove, IL 60515 Job Description: Your day-to-day will include: * Perform compliance for complex tax returns and provide tax consulting services for partnership and S corporation clients. * Collaborate with the Partnership Business team and make recommendations on return preparation and tax savings opportunities, focusing on accuracy, quality and client service. * Support multiple client service teams on client engagements; plan, execute, direct, and complete tax projects in a wide variety of industries; provide innovative tax planning, consulting, and compliance expertise to clients; actively assist in proposal activities and manage to budget. * Develop, train, and mentor staff on tax projects and assess performance for engagement and year-end reviews. * Research and consult on various tax matters; utilize tax-related software to prepare and process returns and research tax matters. * Respond to inquiries from the IRS and other tax authorities. * Maintain active communication with clients to manage expectations, ensure deadlines are met, and enhance client relationships. You have the following technical skills and qualifications: * Requirement – Bachelor’s degree in Accounting, Finance, Commerce, a related field, or a foreign equivalent. * Relevant experience – 2 years of experience in job offered or any tax/accounting related job titles. * Applicants must have experience in the following: (1) Tax compliance or tax consulting experience in public accounting or a combination of industry and public accounting experience; (2) US GAAP, partnership returns, joint venture and non-corporate entity tax returns and Sub-chapter K partnership taxation; (3) working Advising Asset Management, Private Equity, and Hedge Fund clients with the regulatory industry environment; (4) Driving processes with tax compliance projects using Thomson Reuters GoSystem, SharePoint, CCH Axcess, Engagement Management, or Go File Room; (5) process improvement and streamlining tax processes for efficiency and accuracy; (6) Developing and leading training for team members in Asset Management tax; (7) Working Internal Revenue Code (IRC) 704b accounts for clients; (8) consulting on Sub-chapter K-Partnership taxation; and (9) responding to inquiries from the IRS and other tax authorities. * CPA licensure (in U.S. or other jurisdiction) * Up to 5% domestic travel required for client assignments. * Must live within a commutable distance to the assigned Grant Thornton Office location to meet 3 days per week work from office requirement. Compensation for role: $109,700 – $112,000 per year

Responsibilities

Perform complex tax compliance and consulting for partnership and S corporation clients across various industries. Lead tax projects, mentor staff, and manage client relationships while ensuring accuracy and quality in return preparation.