Tax Senior Associate - Compensation & Benefits

RSM•Chicago, IL

2d•Hybrid

About The Position

The Senior Associate on RSM’s Compensation and Benefits Tax Advisory team works with global and domestic, public and private clients on compensation and benefits issues, including executive compensation, fringe benefits, retirement plans, and employment-related tax reporting, withholding, and deduction matters. The role combines technical tax expertise with an understanding of the strategies that shape compensation and benefits programs and helps clients maintain compliance. The Senior Associate supports client projects by preparing tax analyses, completing data entry, carrying out project deliverables, and working with experienced team members. The role also involves communicating with client stakeholders and their advisors, researching and analyzing tax issues, drafting written communications, reviewing the tax implications of compensation plans, and responding to inquiries from RSM federal tax compliance teams. The position requires consistent onsite presence during core business hours at a firm office, with travel to client sites as required. Most RSM roles use a hybrid workstyle, though some may be virtual or primarily onsite depending on role requirements and client needs. Extended or nonstandard hours may be needed during peak periods or to meet business needs.

Requirements

Bachelor’s degree in Accounting or a related field from an accredited university.
By the start date, have completed all educational requirements for CPA licensure eligibility in the state of residence, or completed all requirements to sit for the Bar exam.
At least two years of tax experience.
Strong computer skills, including proficiency in Microsoft Excel.
Ability to meet client service, quality, and performance expectations within applicable deadlines and in accordance with firm and client standards.
Ability to communicate clearly, professionally, and effectively with firm personnel and clients in person, by telephone, and through electronic or written means.
Effective project management skills, including managing multiple priorities, tasks, and projects simultaneously while meeting deadlines and maintaining accuracy and quality in a fast-paced client service environment.
Ability to work in a professional office environment and, as required, at client sites; this includes sitting for extended periods and working at a computer and other standard office equipment.
Availability to maintain consistent onsite presence during core business hours, regularly report to a firm office, and travel to client sites as required.
Access to reliable transportation.
Willingness to work extended and/or nonstandard hours during peak periods or as necessary to meet client, project, or firm business needs.

Nice To Haves

An active accreditation, in process, or willingness and ability to obtain one of the following: CPA, EA, or licensed attorney.

Responsibilities

Support project steps, deliverables, timelines, tools, and firm-approved methodologies for compensation and benefits engagements.
Develop an understanding of compensation and benefits tax laws, regulations, and other authorities.
Participate in calls with client stakeholders and their advisors to discuss issues and contribute to next steps.
Assist with researching, analyzing, and consulting on employee benefits and compensation issues.
Draft written communications regarding compensation and benefits issues, including matters involving Internal Revenue Code sections 83, 162(m), 404, 409A, and 280G.
Review tax implications of compensation plans, including equity compensation and impacts related to transactions.
Draft responses to RSM federal tax compliance teams regarding client inquiries about compensation and benefits plans.
Prepare tax analyses and complete data entry to support client projects.
Work with team members to execute projects and assist with training others.