Transaction Tax Senior Associate II

Grant Thornton • Chicago, IL

3d • $126,500 - $161,288 • Hybrid

About The Position

The Transaction Tax Senior Associate provides tax planning, consulting, and compliance expertise for clients’ mergers and acquisitions and other transactions. The role collaborates with the M&A and Transaction Services teams to support engagement planning, execution, and direction, while managing and mentoring Staff and Interns. Responsibilities include transaction tax due diligence and advisory, tax analysis and research, client communications, and support for client development and priority accounts. The position requires in-person attendance at least three days per week at a Grant Thornton office or client site under the firm’s hybrid work model, and travel as needed.

Requirements

• Bachelor’s degree in Accounting; alternatively, the posting accepts a master’s or Ph.D. in Economics, Statistics, Public Policy, Mathematics, Business, Finance, Financial Engineering, Management Science and Engineering, Financial Mathematics, Industrial Engineering, or Operations Research.
• Two to six years of progressive federal tax consulting and/or compliance experience in public accounting, or a combination of corporate and public accounting experience; alternatively, two to three years of qualified Mergers and Acquisitions tax services.
• Experience with Corporate, S-Corp. and/or Partnership returns.
• Strong analytical, technical, tax accounting, and technology skills, including proficiency in US GAAP, tax compliance, corporate consolidated returns, consolidated federal tax returns, partnership returns, and combined state tax returns.
• Excellent client service and communication skills, with the demonstrated ability to develop and maintain outstanding client relationships.
• Computer expertise, including knowledge of tax software and technology and spreadsheet modeling.
• Ability to travel as needed.

Nice To Haves

• Master’s degree in taxation or an LLM in Taxation.
• CPA or JD with an active law license.

Responsibilities

• Manage, develop, train, and mentor Staff and Interns on M&A projects, and assess performance for engagement and year-end reviews.
• Maintain active engagement communications to manage expectations, ensure client satisfaction and meet deadlines, and lead change efforts effectively.
• Work with Transaction Services colleagues on tax aspects of mergers and acquisitions and other transaction-related work.
• Assist with buy-side and sell-side tax due diligence; advise on tax-efficient acquisitions, divestments, and restructurings; and review taxes in financial models and transaction documents.
• Research tax issues, prepare succinct deal-driven written communications, help clients respond to tax authorities, and assist with transaction tax strategy.
• Assist Senior Managers and Managers with project development, client pursuit initiatives, and management of priority accounts.
• Analyze client tax attributes relating to business events, including asset and stock tax basis, tax accounting for M&A-driven transaction costs, and corporate earnings and profits.
• Analyze net operating loss and tax credit carryforward limitations under IRC Section 382 for private and public clients.
• Perform other duties as assigned.

Benefits

• Personalized and comprehensive benefits; details are available through the company’s benefits overview.
• Employees may be eligible for a discretionary annual bonus based on individual and firm performance, subject to the applicable plan terms and eligibility criteria.
• Work-location, weekly-schedule, and flex-time-off options consistent with the firm’s hybrid work model.
• Well-being and work-life integration options.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior