Senior Federal Tax Consultant for International Banking

2 weeks ago


Chicago, Illinois, United States Buckingham Search Full time

About the Role

We are excited to present an opportunity for a Federal Tax Manager within a highly regarded international banking institution. This organization is committed to attracting top-tier talent and fostering a balanced work environment, ensuring their employees enjoy a sustainable work-life balance.

Company Overview

This esteemed bank, recognized for its significant contributions to the commercial sector, primarily serves mid-market businesses. They offer an array of attractive benefits, including:

  • Generous vacation policy of 4+ weeks
  • Flexible hybrid work model (3 days in office)
  • Competitive compensation package with bonuses
  • Comprehensive benefits
  • Tuition reimbursement initiatives
  • Summer hours for enhanced work-life balance

Key Responsibilities

  • Manage the preparation and compliance of the consolidated federal tax return, including disclosures and book-to-tax adjustments.
  • Oversee the quarterly and year-end domestic tax provision in accordance with ASC 740.
  • Support federal and state income tax audits effectively.
  • Administer tax fixed and intangible asset depreciation records.
  • Review and approve monthly journal entries while reconciling general ledger tax accounts.
  • Coordinate quarterly estimate and extension calculations and ensure timely payments.
  • Assist in the calculations related to Pillar Two for the United States.
  • Analyze the federal and state tax implications of new legislation and planning initiatives.
  • Conduct research on technical tax issues and collaborate on special projects.
  • Perform comprehensive reviews of delegated tasks, analyze processes, and implement enhancements.
  • Lead, mentor, and develop team members by setting objectives, delegating tasks, and providing constructive feedback.

Qualifications

  • 4 to 6+ years of progressive experience in tax, ideally within a public accounting firm or a large corporate tax department, with a focus on Banking and Capital Markets.
  • Proven experience in preparing and reviewing large, consolidated federal tax returns.
  • Strong proficiency in OneSource OIT and OTP, along with advanced Excel and Alteryx skills.
  • Solid understanding of ASC 740 standards.
  • Demonstrated leadership and team management capabilities.
  • Ability to manage projects effectively and drive them to successful completion.
  • Excellent verbal and written communication skills.


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