Tax Manager, Tax Analysis & Debt Investments-TARDI at Deloitte
Houston, TX 77001
About the Job
Position Summary
Interested in taking your tax and business experience to a whole new level? Want to work with some of the leading hedge and private equity firms, insurance companies, and banks in the world? Want to be on a team with some of the most diverse backgrounds in the industry – financial analysts, developers, business analysts, attorneys and accountants? This is the place for you!The TeamNational Federal Tax Services (NFTS) is a national practice within Deloitte Tax LLP made up of a number of tax service offerings
Each NFTS service offering has been developed and built as a result of a tax planning idea, marketplace needs, or a technological innovation – all with the purpose of delivering results for our clients
Our people are entrepreneurial in spirit and have always had the work-hard/play-hard mentality
NFTS service lines provide tax planning and compliance support for the largest organizations across all industries.One of our fast-growing, unique service offerings is our Tax Analysis & Information Reporting for Debt Investments (TARDI) practice
Those pursuing investment opportunities in corporate/government debt, MBS, and ABS markets are consistently challenged to properly address the tax planning and compliance that can apply
This quickly becomes a task that is often heavily dependent upon effective data management and a knowledge of financial products and tax principles
Through a combination of tools developed by Deloitte's Securitization and Partnerships Solutions practices, we can assist with the complex tax and reporting needs of large portfolios of fixed income investments.Work You’ll DoAs a Manager in this group, you will manage relationships, ensure timely reporting of milestone and dependency status, monitor risks and issues to escalate, and execute day-to-day management activities
You’ll oversee asset-level diligence and analysis on debt investments, preparation and/or review of debt taxable income calculations, preparation and/or review of debt taxable income reports, communicating with clients, their servicers and/or administrators and lead client resources
Specific responsibilities of the PSG - TARDI team include: Calculating and/or reviewing taxable income on debt investments including OID, market discount, premium, gain / loss, tax basis, and other items using Deloitte’s proprietary TARDI software and tools.Leveraging proprietary software, third party data providers, and credit agreements to research asset level debt origination terms for corporate bond portfolios, mortgage-backed security portfolios, and mortgage loan pools.Leading client engagements: responsible for communicating with client, managing and supporting professionals on our team, developing a game plan to execute on the client engagement and reviewing deliverables.Performing tax research to address tax technical issues that arise related to debt investment related transactions
Train younger professionals on the technical issues that are applicable in our business.Developing requirements for TARDI system enhancements and ongoing testing of TARDI system calculations, processes, and reporting.Supporting pursuit of new client opportunities through review of prospective client debt holdings, development of marketing decks, and analysis of industry public filings.Working within a team and supporting and mentoring junior staff.Qualifications Required:Ability to perform job responsibilities within a hybrid work model that requires US Tax professionals to co-locate in person 2 – 3 days per week5+ years of full-time professional experienceBachelor’s degree in accounting, finance, MIS, or related field requiredPractical knowledge in fixed income financial products, income tax principles, debt instruments and/or project managementBig 4 experience or equivalentData Analytics experience and solid technology skills One of the following active accreditations obtained:Licensed CPA in State of Practice/Primary Office if eligible to sit for the CPAIf not CPA eligible:Licensed AttorneyEnrolled AgentCertifications:Project Management Professional (PMP)Chartered Financial Advisor (CFA) Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you servePreferred:Advanced degree in Accounting, Finance, LLM or other applicable degreeProven problem-solving capabilitiesExperience serving clients or directly working within the financial services industrySolid experience in financial system design and implementationBackground in financial portfolio review, regulatory reporting and bond administrationFor individuals assigned and/or hired to work in New York City, Deloitte is required by law to include a reasonable estimate of the compensation range for this role
This compensation range is specific to New York City and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs
At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case
A reasonable estimate of the current range is $103,320 to $235,170.You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.Information for applicants with a need for accommodation:
Recruiting tips
From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte
Check out recruiting tips from Deloitte recruiters.
Benefits
At Deloitte, we know that great people make a great organization
We value our people and offer employees a broad range of benefits
Learn more about what working at Deloitte can mean for you.
Our people and culture
Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively
It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges
This makes Deloitte one of the most rewarding places to work
Learn more about our inclusive culture.
Our purpose
Deloitte’s purpose is to make an impact that matters for our clients, our people, and in our communities
We are creating trust and confidence in a more equitable society
At Deloitte, purpose is synonymous with how we work every day
It defines who we are
We are focusing our collective efforts to advance sustainability, equity, and trust that come to life through our core commitments
Learn more about Deloitte's purpose, commitments, and impact.
Professional development
From entry-level employees to senior leaders, we believe there’s always room to learn
We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship
From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
As used in this posting, "Deloitte" means Deloitte Tax LLP, a subsidiary of Deloitte LLP
Please see for a detailed description of the legal structure of Deloitte LLP and its subsidiaries
Certain services may not be available to attest clients under the rules and regulations of public accounting.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.Deloitte 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
See notices of various ban-the-box laws where available.Requisition code: 184265AccoladesTax
| Business Tax ServicesSame job available in 20 locations
Interested in taking your tax and business experience to a whole new level? Want to work with some of the leading hedge and private equity firms, insurance companies, and banks in the world? Want to be on a team with some of the most diverse backgrounds in the industry – financial analysts, developers, business analysts, attorneys and accountants? This is the place for you!The TeamNational Federal Tax Services (NFTS) is a national practice within Deloitte Tax LLP made up of a number of tax service offerings
Each NFTS service offering has been developed and built as a result of a tax planning idea, marketplace needs, or a technological innovation – all with the purpose of delivering results for our clients
Our people are entrepreneurial in spirit and have always had the work-hard/play-hard mentality
NFTS service lines provide tax planning and compliance support for the largest organizations across all industries.One of our fast-growing, unique service offerings is our Tax Analysis & Information Reporting for Debt Investments (TARDI) practice
Those pursuing investment opportunities in corporate/government debt, MBS, and ABS markets are consistently challenged to properly address the tax planning and compliance that can apply
This quickly becomes a task that is often heavily dependent upon effective data management and a knowledge of financial products and tax principles
Through a combination of tools developed by Deloitte's Securitization and Partnerships Solutions practices, we can assist with the complex tax and reporting needs of large portfolios of fixed income investments.Work You’ll DoAs a Manager in this group, you will manage relationships, ensure timely reporting of milestone and dependency status, monitor risks and issues to escalate, and execute day-to-day management activities
You’ll oversee asset-level diligence and analysis on debt investments, preparation and/or review of debt taxable income calculations, preparation and/or review of debt taxable income reports, communicating with clients, their servicers and/or administrators and lead client resources
Specific responsibilities of the PSG - TARDI team include: Calculating and/or reviewing taxable income on debt investments including OID, market discount, premium, gain / loss, tax basis, and other items using Deloitte’s proprietary TARDI software and tools.Leveraging proprietary software, third party data providers, and credit agreements to research asset level debt origination terms for corporate bond portfolios, mortgage-backed security portfolios, and mortgage loan pools.Leading client engagements: responsible for communicating with client, managing and supporting professionals on our team, developing a game plan to execute on the client engagement and reviewing deliverables.Performing tax research to address tax technical issues that arise related to debt investment related transactions
Train younger professionals on the technical issues that are applicable in our business.Developing requirements for TARDI system enhancements and ongoing testing of TARDI system calculations, processes, and reporting.Supporting pursuit of new client opportunities through review of prospective client debt holdings, development of marketing decks, and analysis of industry public filings.Working within a team and supporting and mentoring junior staff.Qualifications Required:Ability to perform job responsibilities within a hybrid work model that requires US Tax professionals to co-locate in person 2 – 3 days per week5+ years of full-time professional experienceBachelor’s degree in accounting, finance, MIS, or related field requiredPractical knowledge in fixed income financial products, income tax principles, debt instruments and/or project managementBig 4 experience or equivalentData Analytics experience and solid technology skills One of the following active accreditations obtained:Licensed CPA in State of Practice/Primary Office if eligible to sit for the CPAIf not CPA eligible:Licensed AttorneyEnrolled AgentCertifications:Project Management Professional (PMP)Chartered Financial Advisor (CFA) Ability to travel up to 25%, on average, based on the work you do and the clients and industries/sectors you servePreferred:Advanced degree in Accounting, Finance, LLM or other applicable degreeProven problem-solving capabilitiesExperience serving clients or directly working within the financial services industrySolid experience in financial system design and implementationBackground in financial portfolio review, regulatory reporting and bond administrationFor individuals assigned and/or hired to work in New York City, Deloitte is required by law to include a reasonable estimate of the compensation range for this role
This compensation range is specific to New York City and takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs
At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case
A reasonable estimate of the current range is $103,320 to $235,170.You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.Information for applicants with a need for accommodation:
Recruiting tips
From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte
Check out recruiting tips from Deloitte recruiters.
Benefits
At Deloitte, we know that great people make a great organization
We value our people and offer employees a broad range of benefits
Learn more about what working at Deloitte can mean for you.
Our people and culture
Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively
It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges
This makes Deloitte one of the most rewarding places to work
Learn more about our inclusive culture.
Our purpose
Deloitte’s purpose is to make an impact that matters for our clients, our people, and in our communities
We are creating trust and confidence in a more equitable society
At Deloitte, purpose is synonymous with how we work every day
It defines who we are
We are focusing our collective efforts to advance sustainability, equity, and trust that come to life through our core commitments
Learn more about Deloitte's purpose, commitments, and impact.
Professional development
From entry-level employees to senior leaders, we believe there’s always room to learn
We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship
From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
As used in this posting, "Deloitte" means Deloitte Tax LLP, a subsidiary of Deloitte LLP
Please see for a detailed description of the legal structure of Deloitte LLP and its subsidiaries
Certain services may not be available to attest clients under the rules and regulations of public accounting.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.Deloitte 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
See notices of various ban-the-box laws where available.Requisition code: 184265AccoladesTax
| Business Tax ServicesSame job available in 20 locations
