Director, Partnership Tax

Grant Thornton is seeking a Director, Partnership Tax to join the team in Downers Grove, IL.

The Director, Partnership Tax provides guidance and support for the execution of financial, analytical and tax matters relating to both partners individually and the partnership overall. The Director integrates new knowledge and skills into daily work and shares with colleagues as appropriate. In conjunction with the Chief Tax Officer and Chief Financial Officer, the Director assists in the implementation of the appropriate best practices initiatives to support the one-firm concept, particularly reassessment of the entire partnership return process. This position works closely with the Director of Partner Matters to provide information to partners, as well as support various partner-related processes. This individual supports and enhances internal business unit and firm operations by acquiring knowledge of office and firm operations; identifying opportunities for improvement and enthusiastically leading and / or participating in internal projects and operations; as well as complying with all firm standards and upholding those standards to others.

ESSENTIAL DUTIES RESPONSIBILITIES

-Provide support to the Chief Tax Officer, Accounting and Finance functions and the Chief Financial Officer.

-Work with Partner Matters to provide information and support on-going partner related processes.

-Develop periodic communications to partners regarding financial and tax matters.

-Coordinate and prepare financial packages and tax information for partners.

-Participate, review and prepare input to annual, quarterly and monthly financial statements.

-Assess current system and processes relating to partner tax matters.

-Review monthly financial statements.

-Prepare spreadsheets/analysis as needed.

-Work with Financial Planning and Analysis to determine future capital needs, including the necessity and size of capital calls from the partnership.

-Oversight for tax matter accounts, monthly processing and reconciliations and budgets and the work performed within the group.

-Monitor compliance with provisions of partnership agreement and changes in partner status.

-Review tax and financial documents that relate to partnerships.

-Interact with tax service line resources concerning partnership returns.

-Propose innovative tax strategies for the partnership returns for consideration by the Senior Leadership Team.

-Interact with external regulators.

-Adhere to the highest degree of professional standards and strict confidentiality in matters that require discretion.

-Attend professional development and training sessions on a regular basis to maintain and expand knowledge in area of expertise.

-Perform other job-related duties as necessary.

QUALIFICATIONS AND REQUIREMENTS

-Bachelor's degree in accounting. CPA or CPA candidate preferred.

-Minimum of 12 years of public or private accounting experience.

-Strong financial and analytical skills.

-Strong Subchapter K experience including understanding of capital and equity requirements for partnerships.

-Transaction and / or project accounting experience preferred.

-Strong tax research skills.

-Strong tax compliance skills.

-Diversity of tax experience including federal and state taxes for partnerships and corporations.

-Strong leadership and staff development skills, and significant experience in supervising.

-Strong PC skills, including experience with Microsoft Excel, Word, Outlook.

-Strong work ethic and a team player.

-Exceptional communication and interpersonal skills.

The base salary range for this position in the firms Downers Grove, IL or Chicago, IL offices only is between $152,000 and $228,000 per year.

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About Us

At Grant Thornton, we believe in making business more personal and building trust into every result - for our clients and you. Here, we go beyond your expectations of a career in professional services by offering a career path with more: more opportunity, more flexibility, and more support. It's what makes us different, and we think being different makes us better.

About the Team

The team you're about to join is ready to help you thrive. Here's how:

• Whether it's your work location, weekly schedule or unlimited flex time off, we empower you with the options to work in the way that best serves your clients and your life.

• Here, you are supported to prioritize your overall well-being through work-life integration options that work best for you and those in your household.

• We understand that your needs, responsibilities and experiences are different - and we think that's a good thing. That's why we support you with personalized and comprehensive benefits that recognize and empower all the identities, roles and aspirations that make you, well, you. See how at ~~~/careers

• When it comes to inclusion, we are committed to doing more than checking boxes. Explore all the ways we're taking action for diversity, equity & inclusion at ~~~/careers

Here's what you can expect next:

If you apply and are selected to interview, a Grant Thornton team member will reach out to you to schedule a time to connect. We encourage you to also check out other roles that may be a good fit for you or get to know us a little bit better at ~~~/careers.

Benefits:

We understand that your needs, responsibilities and experiences are different, and we think that's a good thing. That's why we support you with personalized and comprehensive benefits that recognize and empower all the identities, roles and aspirations that make you, well, you. For an overview of our benefit offerings, please visit: ~~~

• Benefits for internship positions: Grant Thornton interns are eligible to participate in the firm's medical, dental and vision insurance programs and the firm's employee assistance program. Interns also receive a minimum of 72 hours of paid sick leave, and are paid for firm holidays that fall within their internship period.

• Benefits for seasonal employee positions: Grant Thornton seasonal employees are eligible to participate in the firm's medical, dental and vision insurance programs and the firm's employee assistance program. Seasonal employees may also be eligible to participate in the firm's 401(k) savings plan and employee retirement plan in accordance with applicable plan terms and eligibility requirements. Seasonal employees receive a minimum of 72 hours of paid sick leave.

Grant Thornton employees may be eligible for a discretionary, annual bonus based on individual and firm performance, subject to the terms, conditions and eligibility criteria of the applicable bonus plan or program. Interns and seasonal employees are not eligible for bonus compensation.

Additional Details

It is the policy of Grant Thornton to promote equal employment opportunities. All personnel decisions (including, but not limited to, recruiting, hiring, training, working conditions, promotion, transfer, compensation, benefits, evaluations, and termination) are made without regard to race, color, religion, national origin, sex, age, marital or civil union status, pregnancy or pregnancy-related condition, sexual orientation, gender identity or expression, citizenship status, veteran status, disability, handicap, genetic predisposition or any other characteristic protected by applicable federal, state, or local law.

Consistent with the Americans with Disabilities Act (ADA) and applicable state and local laws, it is the policy of Grant Thornton to provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. The policy regarding requests for reasonable accommodation applies to all aspects of employment, including the application process. To make an accommodation request, please contact ~~~.

For Los Angeles Applicants only: We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.