Deloitte Tax LLP seeks a Tax Manager in New York, NY.
Work You’ll Do
Help client management understand, plan for, and deal with the complex and dynamic issues surrounding transfer pricing. Work with Ph.D. economists, attorneys, and tax specialists to analyze and resolve international tax and finance issues faced by multinational corporations. 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 tax returns, 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 Consultants and Seniors in the group and hold responsibility for the development and motivation of engagement staff by providing them with leadership, counseling and career guidance.
- Master's degree in Economics, Finance, Taxation, Accounting, Business Administration, or related field (willing to accept foreign education equivalent).
- Three years of experience preparing U.S. and foreign transfer pricing reports documenting intercompany transactions for various multinational companies.
- In the alternative, the employer is willing to accept a Bachelor's degree and five years of experience as stated above or a Doctorate degree and one year of experience as stated above. .
- Experience must include one year of:
- Analyzing U.S. and OECD regulations governing intangibles and cost-sharing as related to transfer pricing;
- Drafting transfer pricing reports for Business Model Optimization and global tax compliance in accordance with IRC 482 and OECD guidelines;
- Utilizing tax research tools, including BNA and LexisNexis, transfer pricing databases, including Compustat, Bureau van Dijk (Osiris and Amadeus), RoyaltyStat, S&P Capital IQ, Thomson Reuters ONESOURCE, Bloomberg, Refinitiv Loan Connector, and ktMINE, and statistical software, including MS Excel and STATA, to conduct transfer pricing analysis with a specific focus on financial transactions (debt capacity, interest rate, and tax valuation analyses);
- Applying new regulatory principles and guidelines under OECD's Base Erosion and Profit Shifting (BEPS) initiative, and preparing functional modules and functional and risk-related information;
- Performing annual ASC 740 reviews on transfer pricing reserves, scoping, overseeing, and executing large-scale audits, and reviewing workpapers and memos;
- Utilizing various economic modeling methods, including discounted cash flow, market approach, realistic alternatives, residual profits, costs-based methods, and other relevant methods as described in the U.S. transfer pricing regulations under IRC 482 and their OECD counterparts, to perform valuation of intangible/tangible assets as related to transfer pricing;
- Performing strategic transfer pricing planning, service cost allocation, and audit defense, and performing project administration for client engagements, including scheduling, budgeting, client correspondence, and billing;
- Utilizing MS Excel to perform analytical modeling, utilizing advanced add-ins for optimization analysis and simulations, and utilizing data analysis to perform regression analyses;
- Utilizing publicly available rating methodologies as published by major credit rating agencies, including Moody’s and S&P, and other related tools, including S&P’s Credit Risk Pricing model and economic modeling methods utilizing market data, to perform creditworthiness analyses, and reviewing and analyzing financial transactions, loans, guarantees, and cross-border company valuations for clients; and
- Coordinating remotely located personnel (within or outside of the United States) and delegating assignments.
- Position requires approximately 25% domestic travel.
- Salary: $131,206.00 - $199,500.00/year;
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