Manager, Tax Analysis & Debt Investments

Interested in taking your tax and business experience to a whole new level? Want to work with some of the leading hedge and private equity firms, insurance companies, and banks in the world? Want to be on a team with some of the most diverse backgrounds in the industry - financial analysts, developers, business analysts, attorneys and accountants? This is the place for you!

The Team

National Federal Tax Services (NFTS) is a national practice within Deloitte Tax LLP made up of a number of tax service offerings. Each NFTS service offering has been developed and built as a result of a tax planning idea, marketplace needs, or a technological innovation - all with the purpose of delivering results for our clients. Our people are entrepreneurial in spirit and have always had the work-hard/play-hard mentality. NFTS service lines provide tax planning and compliance support for the largest organizations across all industries.

One of our fast-growing, unique service offerings is our Tax Analysis & Information Reporting for Debt Investments (TARDI) practice. Those pursuing investment opportunities in corporate/government debt, MBS, and ABS markets are consistently challenged to properly address the tax planning and compliance that can apply. This quickly becomes a task that is often heavily dependent upon effective data management and a knowledge of financial products and tax principles. Through a combination of tools developed by Deloitte's Securitization and Partnerships Solutions practices, we can assist with the complex tax and reporting needs of large portfolios of fixed income investments.

Work You'll Do

As a Manager in this group, you will manage relationships, ensure timely reporting of milestone and dependency status, monitor risks and issues to escalate, and execute day-to-day management activities. You'll oversee asset-level diligence and analysis on debt investments, preparation and/or review of debt taxable income calculations, preparation and/or review of debt taxable income reports, communicating with clients, their servicers and/or administrators and lead client resources. Specific responsibilities of the PSG - TARDI team include:

• Calculating and/or reviewing taxable income on debt investments including OID, market discount, premium, gain / loss, tax basis, and other items using Deloitte's proprietary TARDI software and tools.
• Leveraging proprietary software, third party data providers, and credit agreements to research asset level debt origination terms for corporate bond portfolios, mortgage-backed security portfolios, and mortgage loan pools.
• Leading client engagements: responsible for communicating with client, managing and supporting professionals on our team, developing a game plan to execute on the client engagement and reviewing deliverables.
• Performing tax research to address tax technical issues that arise related to debt investment related transactions. Train younger professionals on the technical issues that are applicable in our business.
• Developing requirements for TARDI system enhancements and ongoing testing of TARDI system calculations, processes, and reporting.
• Supporting pursuit of new client opportunities through review of prospective client debt holdings, development of marketing decks, and analysis of industry public filings.
• Working within a team and supporting and mentoring junior staff.

• 5+ years of full-time professional experience
• Bachelor's degree in accounting, finance, MIS, or related field required
• Practical knowledge in fixed income financial products, income tax principles, debt instruments and/or project management
• Big 4 experience or equivalent
• Data Analytics experience and solid technology skills
• Ability to travel as needed
• CPA, Enrolled Agent, or other appropriate certification (either in process or able/willing to obtain)
• Limited immigration sponsorship may be available
• Ability to travel as needed. (Due to COVID-19, non-essential travel has been suspended until further notice.)

• Advanced degree in Accounting, Finance, LLM or other applicable degree
• Proven problem-solving capabilities
• Experience serving clients or directly working within the financial services industry
• CPA, CFA, PMP, Enrolled Agent, or other appropriate certification
• Solid experience in financial system design and implementation
• Background in financial portfolio review, regulatory reporting and bond administration