Senior Tax Associate

BROE Group and it's managed affiliates•Denver, CO

13d•Hybrid

About The Position

The Senior Tax Associate is responsible for the review and preparation of federal and multi-state income tax returns – including but not limited to Forms 1120S, 1065, 1041, 1040 and 990PF. The Senior Tax Associate researches and analyzes tax issues using RIA Checkpoint.

Requirements

Has extensive experience with the preparation of income tax returns for pass-through entities, high-net worth individuals, trusts, gift tax returns and private foundations.
Has experience with development and leasing of commercial and residential real estate – including issues related to repair and maintenance regulations 1.263(a), Sec 263A uniform capitalization rules, depreciation, like kind exchanges, 163(j) interest expense limitation.
Has experience with calculation of tax capital accounts, at risk basis and reconciling the differences between book and tax capital.
Has experience with income tax allocations under Sec 704(b).
Has experience with reconciling AAA to retained earnings and tracking shareholder basis.
Has experience in reading and analyzing the IRC and Regulations.
Minimum 5 years of experience in public accounting required.
Bachelor’s Degree is required.
CPA

Nice To Haves

Master’s degree in taxation – preferred.

Responsibilities

Runs financial accounting reports for each line of business, posts federal tax adjustments and prepares income tax returns.
Consolidates financial information for tax reporting purposes, and reconciles audited financial statements consolidated based on ownership structure to tax returns prepared by filing entity as registered with the IRS.
Maintains tax workpapers and documents tax positions.
Prepares quarterly estimates of taxable income for the lines of business and estimated tax due by the business owners.
Prepares estimates of tax due for a private foundation and required minimum donations.
Calculates the income tax effect of transactions related to acquisition and disposition of business assets.
Collaborates with members of the accounting teams of each line of business and the family office.
Supervises and trains associates and reviews their work.
Supports Tax Director, Senior Tax Director, and General Counsel by providing analysis and support on special projects.
Supports other Broe Management departments by providing support and research for a variety of topics including transactions.
Improves tax administration by developing and streamlining procedures, evaluating new software, preparing and updating internal guidelines, preparing and maintaining documentation.
Protects organization value by keeping information confidential, cautioning others regarding potential breaches.
Improves tax and management job knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; benchmarking state-of-the art practices.
Participates in professional societies.