Senior Tax Accountant (North America)

The Senior Tax Accountant will be an integral part of the tax department, responsible for ensuring taxation compliance for the United States and Canada.  The Senior Tax Accountant will prepare, review and maintain financial records and perform a variety of financial activities.

Reports to

Senior Manager of Tax and Partner Accounting, North America

Responsibilities

Specific responsibilities include, but are not limited to:

• Annual partnership income tax returns.

  • Preparation of book-to-tax calculations, partner allocations, state apportionment and related workpapers.

  • Assist with preparation of transfer pricing documentation in coordination with global transfer pricing team.

  • Update nexus analysis to determine new filing requirements.

  • Calculate quarterly tax estimates, and coordinate with Tax Accountant to make payments for each jurisdiction.

  • Maintain partner tax capital balances.

  • Coordinate with and review work product of external tax accountants including tax depreciation, tax returns and Schedule K-1s prepared by external tax accountants.
     

• Partner accounting and compensation.

  • Assist with preparation of final and budgeted reconciliation statements on a fiscal year basis.

  • Assist with preparation of illustrative reconciliation statements for joiners and leavers.

  • Track and maintain partner distribution payments, including benefit payments, tax payments, and draws.

  • Maintain partner book capital balances and assist with administering the capital loan program with bank partners. 

  • Assist with letters of credit for partners.

• Correspondence, analysis and research.

  • Research partnership tax issues associated with changing tax laws and Federal, state, local and global filing requirements. 

  • Manage Federal, state and local jurisdiction tax audits and notices, and maintain open issues tracker.

  • Communicate and coordinate with partners to obtain composite elections and certificate of residency information.    

  • Forecast cash flow; prepare budget and variance analysis for tax and partner capital accounts and other accounts as necessary.

  • Reconcile tax and partner general ledger accounts.

  • Engage with global partnership accounting and tax teams to ensure alignment.

• General.

  • Review and/or prepare other tax filings including gross receipts returns, sales/use tax returns, property tax returns and other returns.

  • Assist with retirement plan audit.

  • Assist management with special projects and other responsibilities as needed.

Qualifications

• Bachelor’s Degree in Finance, Accounting, Business, or related field required.

• 4+ years of experience in tax accounting and tax compliance required, with knowledge of partnership tax, individual tax and international tax.

• CPA designation preferred.

• Advanced proficiency within Microsoft Excel and Microsoft Office products.

• Experience with Thomson Reuters 3E or similar GL system is preferred.

• Strong written and verbal communication skills.

• Ability to handle and maintain confidential information.

• Critical thinker, detail oriented with strong organizational skills and ability to take initiative and work independently, while also contributing to a positive, collaborative team environment.

• Law firm or professional services industry experience is preferred.

*We are not accepting agency submissions at this time*

Our Values

Our values are the principles that guide the decisions we make, unite us in our endeavors and strengthen our delivery, for our clients and our firm. We:

• Work as one- We are a globally connected team of talented people who act with a firm-first mentality to achieve success

• Excel with clients- We aim high and challenge ourselves to deliver unique excellence for our clients, keeping them at the center of everything we do

• Celebrate difference- We help each other to be at our best and believe our differences result in greater achievement

• Act boldly- We seek new opportunities, take action and learn as we go, recognizing that curiosity drives our development and contributes to growth

Benefits offered include medical, dental, and vision insurance; 401K Safe Harbor contribution; Life/AD&D Disability; Flexible Spending Account; Supplemental Medical Accident Insurance; Supplemental Critical Illness Insurance; Employee Assistance Program; Pet Insurance; Commuter Benefits and more!

When you work at Clyde & Co, you join a team of 490 partners, 2,400 lawyers, 3,200 legal professionals and 5,500 people in nearly 70 offices and associated offices worldwide. Our values are the principles that guide the decisions we make, unite us in our endeavours and strengthen our delivery, for both our clients and our firm. We work as one, excel with clients, celebrate difference and act boldly. We are committed to operating in a responsible way by progressing towards a diverse and inclusive workforce that reflects the communities and clients it serves. We are devoted to providing an environment in which everyone can realise their potential, using its legal and professional skills to support its communities. We do this through pro bono work, volunteering and charitable partnerships, and minimising the impact it has on the environment, including through our commitment to the SBTi Net-Zero standard and the setting of ambitious emissions reduction targets.    

We offer a range of tailored benefits and support, including healthcare, retirement planning and wellbeing initiatives.

Clyde & Co is proud to be an equal opportunities employer. Our core values encourage us to support fairness, celebrate diversity and prohibit all forms of discrimination in the workplace to allow everyone to excel at work. Therefore, we welcome and encourage all applications from suitably qualified individuals, regardless of background or identity.
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If you are submitting a candidate as a Recruitment Agency Partner, it is an essential requirement and your responsibility to ensure that candidates applying to Clyde & Co are aware of this privacy notice.