Tax Intern Salary in Chicago, IL

DescriptionJob DescriptionIntern, Core TaxAlvarez & Marsal Tax, LLC, is seeking highly qualified candidates for full time Tax Intern positions in several of our offices.Privately-held since 1983, Alvarez & Marsal ("A&M") is a leading global professional services firm that delivers performance improvement, turnaround management and business advisory services to organizations seeking to transform operations, catapult growth and accelerate results through decisive action. Our senior professionals are experienced operators, world-class consultants and industry veterans who draw upon the firm's restructuring heritage to help leaders turn change into a strategic business asset, manage risk and unlock value at every stage.A&M Tax is the Tax practice of A&M. Our professionals work on a variety of tax technical subjects, as well as manage day-to-day client service relationships. Our people and our services are the gateway to a variety of specialized and customized tax solutions that help to improve compliance with tax authorities, while maintaining each client's overall tax risk profile and business success.As an intern with A&M Tax, responsibilities include:Perform special consulting projects such as preparing year-end tax projections, identifying and researching planning ideas, and preparing financial analysis to obtain optimal tax minimization strategies for our clientsResearch various federal, international, state, and local income tax regulationsAssist in preparing correspondence to clients regarding proposed and final Internal Revenue Service regulations affecting their various tax positionsPrepare federal and international individual, partnership, limited liability company, S Corporation, and C Corporation income tax returns and supporting schedulesGather data from clients and analyze tax-related financial informationPrepare quarterly estimated tax calculationsAssist in the development of economic models used to evaluate transactions for strategic planning and structuring purposesTeam with other colleagues and participate in client meetingsWho will you be working with?We are not a typical tax firm. We are a group of entrepreneurial, action oriented and results oriented tax professionals who take a hands-on approach to solving our clients' problems and helping them reach their potential. We are nimble, resourceful, and proactive but adapt quickly when changes are needed. This position offers the opportunity to network with existing and prospective clients and allows the individual to assume additional responsibility quickly. We present you with opportunities, not a playbook, and we reward you based on your achievements, not your tenure.Qualifications:Currently pursuing a degree Bachelor of Science/Business Administration, Master of Science in Accounting, Finance, Taxation or other relevant fieldPursuing (or intent to pursue) CPA, JD or LL.MExcellent verbal and written communication skills and ability to articulate complex informationStrong analytical skillsHigh proficiency in spreadsheetsAbility to simultaneously work on several projects and effectively manage deadlinesHigh motivation to learn and growCompensation Statement:The hourly rate is $ 35 per hour.Why choose A&M Tax?The world of professional tax services has changed. New business conditions and legislation mean that clients are demanding the type of objective advice only specialized independent firms can provide - firms like Alvarez & Marsal Tax, LLC. This means new opportunities for you as a future professional. It means you have a choice about where you work and what kind of work you do. It means a career with more control, creativity, fun and opportunity for growth. We pride ourselves in a world class training program and promote organic growth as we support you in pursuing the career of your dreams. We are looking for tomorrow's leaders, today.For more information on our firm, please visit our web site at www.alvarezandmarsal.com .

Skills - Must Have:CPA designation or pursuing a CPA (eligible to sit with 150 credit hours)2+ years of experience in public accounting at a mid-market firmExperience in audit engagements, reviews and compilations with Manufacturing, real estate, professional services, restaurant, and retail clients.How You Will Contribute:§ Plan engagements including preparation of audit programs and time budgets to achieve quality and efficiency goals.§ Conduct and supervise all aspects of field work in audit engagements, reviews, and compilations.§ Complete or review all workpapers, financial statements and tax returns before submission to manager/principal for further review.§ Recognize and inform senior management of opportunities to increase level and types of services to clients.§ Other duties as assigned, such as special projects, including other agreed upon procedures set forth by clients.§ Assist with training and developing staff and interns.About YOU!§ Bachelor’s degree in accounting.§ Eligible to sit (with 150 credit hours) or working towards obtaining CPA.§ 2+ years of experience in public accounting industry at a mid-market firm.§ DAILY ACCESS TO A VEHICLE to commute to and from clients.

Skills - Must Have:CPA designation or pursuing a CPA (eligible to sit with 150 credit hours)2+ years of experience in public accounting at a mid-market firm (no Big 4 candidates)Experience in tax review, preparation and returns for Partnerships, S and C-corps and IndividualsClient experience in: Manufacturing, real estate, professional services, restaurant, and retail.How You Will Contribute:§ First year seniors 70% review and 30% preparation, experienced seniors 100% review of tax returns for Partnerships (1065), and S and C-corps (1120), Individuals (1040) and others, as assigned.§ Handle routine client tax questions, research tax issues, and work with clients to collect necessary information for tax return completion and compliance.§ Assist in tax field exams and any tax notice resolutions.§ Recognize and inform senior management of opportunities to increase level and types of services to clients.§ Assist with training and developing staff and interns.About YOU!§ Bachelor’s degree in accounting.§ Eligible to sit (with 150 credit hours) or working towards obtaining CPA.§ 2+ years of experience in public accounting industry at a mid-market firm.

Description About A&M Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.With over 6,000 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M's restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what's really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.For more information on our firm and practice, please visit www.alvarezandmarsal.com and www.am-globaltag.com. Global Transaction Advisory Group (TAG) TAG is a subsidiary of A&M, an established leader in providing global leadership and advisory services to a variety of diverse industries. TAG professionals specialize largely in providing financial and accounting buy-side and sell-side due diligence, capital markets and accounting advisory, global transaction analytics, ESG advisory and other related M&A services for private equity, hedge funds, sovereign wealth, family office and corporate clients around the world.A&M's Transaction Advisory Group has an exciting opportunity to join a growing team in New York, Atlanta, Boston, Chicago, Denver, Dallas, Houston, Miami, Nashville, Los Angeles and San Francisco.We are seeking highly motivated Accounting students with a strong academic record who are interested in getting a jump start on their careers while gaining valuable real-life work experience in a fun and challenging environment. Does this sound like you? Are you ready to explore the world of due diligence? If so, consider joining our team's 2023 Summer Leadership Academy & 2024 Summer internship program. During your internship, you will have both formal and on-the-job training to help you develop the technical and client skills necessary for a successful career. What will you be doing? As an Intern, you will have the opportunity to work with our highly motivated and effective team of professionals on a variety of interesting projects across different industries including but not limited to manufacturing, distribution, consumer, retail, restaurants, business and industrial services as well as healthcare, software & technology, energy & infrastructure, and financial services. You will gain exposure to our integrated due diligence approach that goes beyond the traditional quality of earning analyses and focuses on key value drivers for sponsors and lenders. Our integrated due diligence approach combines our deep operational, functional and industry expertise with Big Four quality financial accounting and tax services to drive value throughout the investment lifecycle.Responsibilities include:Assist with core financial due diligence by helping to identify key risks and potential deal breakers, assess the strengths and weaknesses of businesses against industry benchmarks, and aid in theevaluation of potential transactions in the context of client investment strategies.Analyze detailed financial statement information including income statement, balance sheet, cash flow and key operational data.Synthesize and convert this data into meaningful information used to make observations, support discussions with target management and drive conclusions.Assess the quality of the target company's reported earnings, net assets and cash flows.After investigative analysis, assist in the construction of deal-oriented reports and presentations for clients that highlight the key financial, commercial, and other findings facing investments and the drivers behind maintainable profits and cash flows. Aid the team in further articulating how such findings should be incorporated into the client's valuation and sale, purchase agreement and provide other negotiating points.Participate in meetings and conference calls with target company management and with client personnel. Who will you be working with? We are not a typical consulting firm. We are a group of entrepreneurial accounting professionals who embody the A&M Core Values - integrity, quality, objectivity, fun, personal reward and inclusive diversity while delivering a tailored and scalable approach to working with private equity, hedge fund, and corporate clients. We present you with opportunities, not a playbook, and we reward you based on performance, not your tenure. How will you grow and be supported? As a demonstration of A&M's strong commitment to its people, we offer benefits to support your career, personal and professional developments. This includes performance-based career progression and promotion process, high quality practice-wide training programs, a global mobility program, rotation opportunities in other practice areas, employee resource groups, and a health and wellness program. A&M recognizes that our people fuel our growth, and you and your team will be provided with the best available training and development resources, as well as networking opportunities. Qualifications: Must be actively pursuing an Accounting degree at an accredited college or university with intent to meet CPA exam eligibility requirements (150 credit hours) upon graduation Eligible candidates should be in the 3rd year of a 4-year degree program or in the 4th year of a 5-year degree programHigh proficiency in Microsoft Excel and PowerPointPassion for accounting and financial due diligenceExcellent interpersonal communication skillsInclusive mindset with readiness to embrace diversity and contribute to positive workplace cultureAbility to thrive and produce high quality work in fast-paced settingsStrong project management skillsFlexibility to work as both a team member and as an individual contributorFlexibility to travel as neededAll candidates applying for U.S.-based job openings must have authorization to work in the United States without need for sponsorship now or in the future. Intern Compensation: The hourly rate is $35 per hour.Interns are not eligible to participate in Alvarez & Marsal's fringe benefits programs. Click here for more information regarding A&M's benefits programs.Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.

Job Description:You are a Tax Manager in the Compliance & Reporting function within the Global Tax Organization supporting all business segments of Mars Incorporated. As a leader within Global Tax Compliance & Reporting, you, together with your team are responsible for the entire tax reporting cycle, including global tax provision, federal compliance, & state compliance. As members of U.S. In-Country-Tax & Treasury Center (US ICTC), you and your team are also responsible for driving effective tax advisor support to all business in the U.S. You lead the team in transforming tax process and translating knowledge into actionable insights. As a people lead, you drive associate engagement, nurture team strength, and strike for sustainable team success. This person w ill line manage 4-5 Associates.What are we looking for? Bachelor's degree in accounting or finance from an accredited university requiredMaster's degree in taxation encouragedCertified Public Accountant license or Enrolled Agent license encouraged5-8+ years of corporate tax experience, including Federal, state, and international tax, with some public accounting experience preferred;Large corporate multinational tax environment experience financial statement accounting, federal and state U.S. income tax compliance, tax accounting methods, and tax planning;Experience in tax process transformation;Demonstrated project management skills with the ability to execute initiatives from beginning to completion;Experience working within a team environment, including with teams in various geographic locations.Experience in tax reporting systems (ONESOURCE Income Tax and Provision and Dataflow) with implementation experience preferred;Experience in data analytics systems (Alteryx, Power Query, Power BI, Tableau) with implementation experience preferred;Experience using and implementing workflow tools, such as SharePoint, Microsoft Teams, or Smartsheet applications preferred;What will be your key responsibilities? Manage U.S. Federal & state tax returns for domestic corporations, professional corporations, partnerships, and disregarded entities;Manage US GAAP income tax provisions and FIN 48 positions for domestic corporation, domestic and foreign partnerships, foreign corporations and disregarded entities;Provide business support for all U.S. business units, including forecasts and cash tax planning;Be skilled in relationship building, nurturing team member strengths and identifying areas for improvement, reporting progress to stakeholders, and representing and advocating for team needs;Train and coach tax associates and interns to improve their skill set;Indirect line management experience preferred;Be a key resource of tax process improvements for efficiency and digital transformation using data analytic tools (macro, pivot tables, index, VLOOKUP, Alteryx, Tableau);Continuous review of tax compliance process effectiveness and communication of ideas for process improvements in the tax department for efficiency;What can you expect from Mars? Work with over 140,000 diverse and talented Associates, all guided by the Five Principles.Join a purpose driven company, where we're striving to build the world we want tomorrow, today.Best-in-class learning and development support from day one, including access to our in-house Mars University.An industry competitive salary and benefits package, including company bonus.#LI-HYBRIDMars is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. If you need assistance or an accommodation during the application process because of a disability, it is available upon request. The company is pleased to provide such assistance, and no applicant will be penalized as a result of such a request.