Tax Senior Associate - Ultra High Net Worth, US Tax

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Our Ultra High Net Worth Multi-Generational Families team focuses on post liquidity families and corporate executives who have or require complex estate and income tax planning and compliance. Our team of professionals take a holistic approach by simultaneously analyzing appropriate income tax, estate, gift, generation-skipping, philanthropic, retirement and trust aspects of a client’s planning and compliance needs. We collaborate with our clients, including their attorneys, and other advisors, along with subject matter experts both within and outside RSM to achieve our clients’ goals.

Our community of professionals focuses on your success.  As part of the team, you will have the following to support you in your professional journey:

• Exposure to strategic tax planning, business advisory and compliance work
• A customized well-defined career path to match your professional goals
• Access to specialized training and programs, cutting edge technology, annual goal setting, career advisors and coaches with real time feedback for developmental growth

As a Tax Senior Associate, your responsibilities are focused around the following:

• Plan and execute tax engagements as part of a collaborative team, including tax compliance and strategic tax consulting
• Review of work to ensure high-quality results
• Review client’s current tax processes to identify inefficiencies and provide enhancements to improve the client experience and reduce tax exposure
• Develop and sustain strong relationships with clients and other professional advisors through a commitment to outstanding client service
• Review complex individual income tax returns (Form 1040), preferably for high net-worth individuals and investment-focused taxpayers
• Prepare partnership tax returns (Form 1065) and Schedule K-1s
• Analyze the flow of partnership and other pass-through income from Schedule K-1 into Form 1040
• Prepare investment-related tax reporting, including brokerage statements, Forms 1099-B/1099-DIV/1099-INT, capital gains and losses, and investment income
• Apply working knowledge of partnership basis, passive activity limitations, investment income, and multi-state tax considerations
• Prepare and reconcile complex tax workpapers and independently identify missing or inconsistent information
• Use tax software such as GoSystem and/or CCH Axcess Tax to complete engagements; SurePrep experience preferred
• A minimum of two days per week in the office is mandatory, based on the roster approved by leadership. The assigned days are fixed and must be followed without changes or shifts.

Basic Qualifications: 

• Bachelor’s / master’s degree in accounting or business-related field
• 3+ years’ experience in reviewing complex individual income tax returns (Form 1040), preferably for High Net-Worth Individuals and Investment-focused taxpayers.
• Experience preparing partnership tax returns (Form 1065) and Schedule K-1s.
• Strong understanding of the flow of partnership and other pass-through income from Schedule K-1 into Form 1040.
• Experience with investment-related tax reporting, including brokerage statements, Forms 1099-B/1099-DIV/1099-INT, capital gains and losses, and investment income.
• Working knowledge of partnership basis, passive activity limitations, investment income, and multi-state tax considerations.
• Ability to prepare and reconcile complex tax workpapers and independently identify missing or inconsistent information.
• Proficiency with GoSystem and/or CCH Axcess Tax; experience with SurePrep preferred
• Strong communication skills (written and verbal) with the ability to work as part of a collaborative team
• Excellent client relations and interpersonal skills and able to work closely with clients to answer questions or to collect necessary information for client service engagements
• Outstanding organizational skills with the ability to handle multiple priorities and take ownership of assigned tasks
• Ability to complete tax planning and research tasks
• Solid technical skills in accounting, tax compliance and research, tax compliance review experience is a plus

Preferred Qualifications

• Enrolled agent / CPA license
• Master in US Taxation
• Experience in GoSystem/CCH, SurePrep, multi-state & form 1065 investment partnership
• Experience with a national or large regional accounting firm
• Working knowledge of tax code and technical aspects of tax preparation and compliance
• Strong technical skills in accounting and tax preparation within the real estate industry; review experience a plus
• Experience in dealing with international tax matters a plus

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/india.html.  

RSM does not tolerate discrimination and/or harassment based on race; colour; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender (including gender identity and/or gender expression); sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the Indian Armed Forces; Indian Armed Forces Veterans, and Indian Armed Forces Personnel status; pre-disposing genetic characteristics or any other characteristic protected under applicable provincial employment legislation.  

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please send us an email at [email protected].