Tax Manager - Private Equity Portfolio Company

RSM•Chicago, IL

2d•Hybrid

About The Position

RSM is seeking a Tax Manager to join its Private Equity Portfolio Company Partnership Tax team. The role provides tax compliance and consulting services to operating entities structured as partnerships and LLCs, with a strong focus on partnership transactions, allocations, and complex partnership taxation. The team advises clients on tax strategy and compliance and works with cross-functional teams, particularly Financial Services, delivering digitally enabled services and tax technology solutions. The Tax Manager provides partnership and corporate tax services, including planning, research, compliance, allocations, federal and state tax compliance, and transactional and mergers and acquisitions support. The role includes reviewing complex tax returns, managing client needs and relationships, supporting business development, and developing team members. The position may include people leadership responsibilities and requires collaboration with teams in the United States and India. RSM describes most roles as hybrid: team members are aligned to an RSM office and meet in person when it supports clients, teams, development, or relationship-building. Some roles may be virtual or primarily on-site depending on role requirements, team priorities, and client needs.

Requirements

Bachelor’s degree in accounting or a business-related field.
An active CPA license in the state of residence, active Enrolled Agent (EA) license, active Attorney license, or a pre-approved alternative certification meeting RSM requirements.
At least 7 years of corporate federal tax compliance and tax consulting experience involving planning, research, and general mergers and acquisitions activities.
At least 5 years of public accounting experience focused on partnership taxation.
Experience with S-Corps or Partnerships/LLCs.
Effective verbal and written communication skills.
Strong Microsoft Excel and Word skills.

Nice To Haves

A record of building profitable, sustainable client relationships and managing multiple projects and engagement teams for various clients.
Project management and critical-thinking skills.
Strong organizational and time-management skills, including the ability to prioritize multiple assignments.
Working knowledge of the tax code and technical aspects of tax preparation and compliance.
Strong technical skills in accounting and tax preparation, and industry specialization.
Ability to handle multiple tasks simultaneously.
Experience dealing with international tax matters.
Experience with tax research tools such as Bloomberg BNA or RIA Checkpoint and tax preparation technology such as CCH Axcess.
Experience with partnership taxation.
Experience or familiarity with capital account analysis.
Experience or familiarity with 704(c), 754 matters, and M&A implications related to PPA.
Experience with international tax matters and K-2/K-3 reporting.

Responsibilities

Advise clients on partnership tax planning, research, compliance, allocations, and general transactional activities.
Support new business development, extended services, and tax issue recognition for existing clients.
Develop, motivate, and train staff-level team members.
Manage partnership client needs related to tax services and federal and state tax compliance.
Develop and sustain strong client relationships.
Keep current with tax practices and changes in tax law.
Provide industry knowledge and expertise.
Collaborate with the U.S. team and support the development of teams in the United States and India.
Provide people leadership as applicable.
Review and analyze complex tax returns.
Manage multiple complex issues and communicate in non-technical terms between clients and service teams while managing risk for clients and the firm.
Serve as the Tax client service coordinator for appropriate clients.
Advise clients on tax planning, research, compliance, and general mergers and acquisitions activities.
Manage corporate client needs related to tax services and federal and state tax compliance.