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Job Description

Senior Manager Federal Tax Accounting Methods

Job Description:
When you choose KPMG as the place to build your career in tax, you can really add value. KPMG’s tax partners and professionals pride themselves on understanding our clients’ business strategy and needs, providing a broad range of federal, state, local and international tax services to meet those needs. Together with other KPMG International member firms we provide services that help address our clients’ tax needs close to home and around the world. KPMG is a great place to build your career. We are currently seeking a Tax Senior Manager to join us in our Chicago office.

KPMG LLP's Federal Tax Services practice is a resource for clients that need help complying with the latest Office of the Internal Revenue Service (IRS) rules and regulations. Our tax professionals who handle federal tax issues bring the experience and commitment necessary to provide both tax compliance and consulting services to help meet clients' specific needs. Our Accounting Methods and Credit Services group assists clients in analyzing the tax aspects of various business processes and operational areas, including inventory, revenue recognition, capitalization, expense recognition, research and development, manufacturing deduction, and fixed assets from both a risk and opportunity perspective

Responsibilities:
• Assist in growing this practice through active sales of services and team building
• Assist in process development and thought leadership development to enhance the robust service offerings currently available
• Provide client specific tax planning in the areas of proper timing of expenses, revenue recognition, capitalization and depreciation/amortization, inventory accounting, Section 199, and meals and entertainment deductions
• Provide guidance on the procedural aspects of requesting a change in tax accounting method
• Conduct diagnostic reviews of tax accounting methods utilized by clients and identify issues and opportunities
• Manage projects related to information gathering and documentation with respect to tax accounting methods and Meals and Entertainment reviews
• Provide technical guidance and project management with regard to Section 199 assistance
• Supervise, mentor and train Tax Manager, Senior Associates and Associates
• Be market facing and develop and sustain new and existing client relationships


Qualifications:


• Ten years of experience in federal income tax with some recent public accounting firm job experience
• Bachelor’s degree from an accredited college/university
• CPA or LLM certification
• Client focused, results-driven, industry-wise and having leadership aspirations
• Experience building teams and securing revenue as base of client projects is developed
• Experience with large project management, including managing multiple client engagements and client service teams
• Technical skills and experience with tax accounting methods related Internal Revenue Code Sections (including, but not limited to, Sections 167, 168, 263, 446, 451, 461, 471, 472, 481, 248, 199), corresponding regulations and relevant judicial and administrative authority
• Excellent verbal and written communications skills with the ability to articulate complex technical and financial information in a manor appropriate to the audience knowledge base
• Proficient in the use of Microsoft Word, Excel and Access and the use of the internet

KPMG offers and supports flexible work arrangements as well as part-time schedules. We also offer a comprehensive compensation and benefits package.

Interested? We strongly encourage you to apply online at www.kpmgcareers.com and search for requisition 22466.

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Federal Tax

KPMG's Federal Tax Services Practice is a resource for clients that need help complying with the latest IRS rules and regulations. Our tax professionals who handle federal tax issues bring the experience and commitment necessary to deliver tax compliance and advisory services to help meet our clients' specific needs.

At KPMG will help you take your career to extraordinary places, while challenging you to grow in the way you do your job—intellectually, personally, and professionally.