At a Glance
- Tasks: Manage US tax advisory for private equity and real estate funds, tackling complex projects.
- Company: Join Deloitte, a global leader in tax consultancy, known for innovation and expertise.
- Benefits: Enjoy hybrid working, professional development, and a supportive community culture.
- Why this job: Be part of a dynamic team, enhancing your skills while making a real impact.
- Qualifications: CPA or equivalent required; experience in asset management preferred.
- Other info: Opportunities for career returners with tailored support available.
The predicted salary is between 43200 - 72000 £ per year.
Deloitte\’s US Business Tax team is experiencing significant growth in the Asset Management space, and high‐calibre US qualified tax managers are essential to allow us to capitalize on this opportunity and fuel additional growth.
The breadth and depth of our full-service US tax practice allows our team to assist with US tax projects varying in size and levels of complexity. Such projects range from core US federal reporting to highly sophisticated investment fund tax structuring for leading asset managers and investors in real estate investment funds, private equity, hedge, and other funds and related industries.
The team is currently comprised of 85+ London based professionals, led by 7 partners, and provides individuals with a unique opportunity to live and work in a dynamic city, while continuing to accelerate their professional/personal growth. The group is largely a team of expats, which has resulted in a close community spirit. Take the opportunity to work with us in a group that can offer an excellent opportunity for professional and personal development in a challenging and stimulating environment.
Connect to your career at DeloitteDeloitte drives progress. Using our vast range of expertise, we help our clients\’ become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.
What brings us all together at Deloitte?It\’show we approach the thousands of decisions we make everyday. How we behave, our beliefs and our attitudes. In other words: our values.Whatever we do, whereverwe arein the world, we lead the way,serve with integrity,take care of each other,fosterinclusion, and collaborate for measurable impact .These five shared values lead every decision wemake and action we take, guiding us to deliver impact how and where it mattersmost.
Connect to your opportunityThis role at Deloitte sits within the US tax Asset Management team; and specifically involves providing comprehensive US tax advisory and compliance services to a wide range of private equity and real estate funds that are primarily based outside the US, but have US investors and/or US investments. As a result, there are significant US tax issues that our clients need assistance with, and we are able to deliver those services without the typical geographic constraints.
You will have responsibility for:
Working with an integrated partner/manager/associate team on large private equity / real estate fund transactions, restructurings and sizeable US tax compliance engagements for global funds
Managing various advisory projects, research complex US tax issues impacting private equity / real estate funds, all within an international context
Managing day-to-day activities on specific projects, including looking after the economic and risk aspects of the engagement
Assisting with deepening relationships with clients and targets, host client meetings/calls, and contributing to winning new work
Working closely with colleagues in other parts of the firm, particularly within the real estate transactions and private markets teams
Supporting with the winning of new business from new and existing clients, as well as inputting into the development of new market opportunities and the ability to lead the market development of the new ideas
Assisting with developing Analysts and Consultants with hands on advice and support
Helping to shape the culture and goals of the team, ensuring it remains a great place to work
Having a broader perspective of potential issues encountered when managing diverse teams and the strategies to overcome them; having a clear understanding of the firm\’s commitment to creating a more inclusive culture
Connect to your skills and professional experienceTo qualify for the role:
CPA License / Licensed Attorney / Enrolled Agent (limited circumstances) or equivalent
History of working in a client-facing role or with equivalent experience/skills
Undergraduate or Masters in Taxation/Accounting, law degree or equivalent
Experience of working within Asset Management Services- Private Equity, Real Estate, and/or Credit / Hedge Funds
Knowledge of issues related to the asset management industry, preferably experience with K-1 & PFIC reporting
Strong desire to learn new things, and the ability to pick up concepts quickly
Connect to your business -TaxInnovation and tax consultancy may not seem to go together, but that\’s exactly what you\’ll find at Deloitte. We\’re constantly seeking the new and working together to push the limits of what\’s possible. Discover a new kind of tax career that you can make your own.
TaxOur comprehensive range of services encompasses everything from the completion of tax returns (corporation tax self-assessment) to complex consultancy assignments and strategic tax planning. We advise on corporate and general tax, international M&A, stamp tax, cross-border transfer pricing, reorganisations and reconstructions, and competent authority negotiations.
Personal independenceRegulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your \”Immediate Family Members\” are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.
Connect with your colleagues\”At Deloittewe work with some of the world\’s biggest and most prestigious businesses, because we\’re recognised for our expertise and insight. Every challenge, issue or opportunity has tax considerations – and so we give insightful and proactive advice to help clients navigate risk, complexity, and business-critical decisions.\”
-Oliver, Tax
\”The beauty of Deloitte is that we\’re so big and diverse you can easily surround yourself with people who complement your style to create highly effective teams together.\”
Our hybrid working policyYou\’ll be based in London with hybrid working.
At Deloitte we understand the importance of balancing your career alongside your home life. That\’s why we\’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you\’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You\’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritiseyour wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.
Connect to your return to work opportunityAre you looking to return to the workplace after an extended career break?
For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.
Our commitment to youMaking an impact is more than just what we do: it\’s why we\’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.
We want you. The true you. Your own strengths, perspective and personality. So we\’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we\’ll take your wellbeing seriously, too. Because it\’s only when you\’re comfortable and at your best that you can make the kind of impact you, and we, live for.
Your expertise is our capability, so we\’ll make sure it never stops growing. Whether it\’s from the complex work you do, or the people you collaborate with, you\’ll learn every day. Through world-class development, you\’ll gain invaluable technical and personal skills. Whatever your level, you\’ll learn how to lead.
Connect to your next stepA career at Deloitte is an opportunity to develop in any direction you choose. Join us and you\’ll experience a purpose you can believe in and an impact you can see. You\’ll be free to bring your true self to work every day. And you\’ll never stop growing, whatever your level.
Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers
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Manager, US Business Tax, Asset Management employer: Deloitte LLP
Contact Detail:
Deloitte LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager, US Business Tax, Asset Management
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in US tax, especially those affecting asset management. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals already working in the asset management sector, particularly those at Deloitte or similar firms. Attend industry events or webinars to make connections and gain insights that could give you an edge in your application.
✨Tip Number 3
Prepare to discuss specific case studies or experiences where you've successfully navigated complex tax issues. Being able to articulate your problem-solving skills in real-world scenarios will set you apart from other candidates.
✨Tip Number 4
Showcase your ability to work collaboratively in diverse teams. Given the emphasis on inclusion and teamwork at Deloitte, highlighting your experience in managing or contributing to diverse groups can resonate well with the hiring team.
We think you need these skills to ace Manager, US Business Tax, Asset Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in tax management, particularly within asset management services. Emphasise your qualifications, such as CPA or equivalent, and any specific projects that align with the role's requirements.
Craft a Compelling Cover Letter: Your cover letter should reflect your understanding of Deloitte's values and how your skills can contribute to their growth in the Asset Management space. Mention specific experiences that demonstrate your ability to manage complex US tax issues.
Showcase Your Client-Facing Experience: Since the role involves working closely with clients, highlight any previous client-facing roles you've held. Provide examples of how you've successfully managed client relationships and contributed to winning new business.
Demonstrate Your Knowledge of the Industry: In your application, reference your understanding of the asset management industry, particularly regarding K-1 and PFIC reporting. This will show that you are well-prepared for the challenges of the role.
How to prepare for a job interview at Deloitte LLP
✨Understand the Role and Responsibilities
Before the interview, make sure you thoroughly understand the job description and the specific responsibilities of the Manager, US Business Tax role. Familiarise yourself with the types of projects you'll be working on, such as private equity and real estate fund transactions, to demonstrate your knowledge during the interview.
✨Showcase Your Technical Expertise
Be prepared to discuss your technical skills and experience in taxation, particularly in relation to asset management services. Highlight any relevant experience with K-1 and PFIC reporting, as well as your understanding of complex US tax issues that may arise in this field.
✨Demonstrate Your Client Management Skills
Since the role involves managing client relationships, be ready to share examples of how you've successfully interacted with clients in the past. Discuss your approach to building and maintaining these relationships, as well as any strategies you've used to win new business.
✨Emphasise Team Collaboration
Deloitte values collaboration, so it's important to convey your ability to work effectively within a team. Share experiences where you've contributed to team success, especially in diverse or international settings, and discuss how you can help shape a positive team culture.