Tax Manager - Compensation and Benefits at RSM in Chicago, Illinois

Are you a tax professional with a passion for compensation and benefits? Do you thrive in a collaborative environment where you can make a real impact on clients' success? If so, RSM is looking for a Tax Manager to join our Compensation and Benefits Tax Advisory team in Chicago, Illinois.

Role Overview

As a Tax Manager on our Compensation and Benefits Tax Advisory team, you will have the opportunity to work with a wide range of clients – global and domestic, public and private – on some of their most important challenges and one of their biggest assets and expenses: employees. You’ll work hands-on in a variety of industries and areas, including executive compensation, fringe benefits, and other employment-related tax reporting, withholding, and deduction issues. You’ll oversee client projects by reviewing tax analysis, data entry, and tax research while working directly with experienced team members to execute projects. This role includes both technical expertise and appreciation for strategy that shapes compensation and benefits programs, while helping clients design and manage programs that align their workforce with their overall business goals.

A Day in the Life

Here’s what a typical day might look like for a Tax Manager in our Compensation and Benefits team:

• Start your day by reviewing emails and prioritizing tasks for the day.
• Participate in a client call to discuss their compensation and benefits plans and identify potential tax implications.
• Conduct research on a complex tax issue related to executive compensation, such as Section 409A compliance.
• Review tax analysis and data entry prepared by team members for a client project.
• Prepare a written communication summarizing your findings and recommendations for the client.
• Meet with a junior team member to provide guidance and mentoring on a specific tax topic.
• Collaborate with other specialty groups within RSM on a project that involves cross-border taxation issues.
• Attend a training session to stay up-to-date on the latest developments in compensation and benefits tax law.

Why Chicago?

Chicago is a vibrant and dynamic city that offers a rich cultural scene, diverse neighborhoods, and a thriving business community. As one of the largest financial centers in the world, Chicago provides ample opportunities for career growth and professional development. RSM's Chicago office is located in the heart of downtown, providing easy access to clients and other business partners. The city is home to numerous Fortune 500 companies, offering diverse industry experience. Chicago also boasts world-class restaurants, museums, and entertainment venues, making it a great place to live and work.

Career Path

At RSM, we are committed to providing our employees with opportunities for growth and advancement. The typical career path for a Tax Manager in our Compensation and Benefits team is as follows:

• Tax Manager: Manage client engagements, provide technical expertise, and develop strong client relationships.
• Senior Tax Manager: Lead larger and more complex client engagements, mentor junior team members, and contribute to business development efforts.
• Tax Director: Oversee a team of tax professionals, manage client relationships at a senior level, and play a key role in the firm's strategic initiatives.
• Partner: Become an owner of the firm and lead the Compensation and Benefits Tax Advisory practice.

We also offer various learning and development programs to help you enhance your technical skills, leadership abilities, and business acumen.

Salary & Benefits

The estimated salary range for a Tax Manager - Compensation and Benefits in Chicago, Illinois is $120,000 - $170,000 annually. RSM offers a comprehensive benefits package that includes:

• Comprehensive health insurance coverage (medical, dental, vision)
• Generous paid time off (PTO) policy, including vacation, sick leave, and holidays
• 401(k) retirement savings plan with employer matching contributions
• Employee Stock Purchase Plan (ESPP)
• Life insurance and disability coverage
• Professional development opportunities and training programs
• Tuition reimbursement program for eligible courses and certifications
• Employee assistance program (EAP) for confidential counseling and support
• Wellness programs and resources to promote employee well-being
• Flexible work arrangements, including remote work options where applicable
• Parental leave benefits for new parents
• Paid volunteer time off to support community involvement
• Employee referral bonus program
• Business travel accident insurance
• Health Savings Account (HSA) and Flexible Spending Account (FSA) options

RSM Culture

At RSM, we are committed to creating a diverse and inclusive work environment where all employees feel valued and respected. We believe that our people are our greatest asset, and we strive to provide them with opportunities to grow, develop, and succeed. We foster a collaborative and supportive culture where teamwork and innovation are encouraged. We also believe in giving back to our communities and supporting charitable causes.

How to Apply

If you are interested in joining our Compensation and Benefits Tax Advisory team, we encourage you to apply online through our careers website. Please submit your resume and cover letter, highlighting your relevant experience and qualifications.

Frequently Asked Questions (FAQ)

1. What are the required qualifications for this position?

   The required qualifications include a minimum of a B.A. or B.S. degree from an accredited university, an active CPA license (if eligible), or a license as an attorney or Enrolled Agent, a minimum of 5 years of tax experience, excellent communication and analytical skills, and proficiency in Microsoft Office Suite.

2. What are the main responsibilities of a Tax Manager in this role?

   The main responsibilities include managing client engagements, providing technical expertise in compensation and benefits tax matters, conducting tax research, preparing written communications, and developing strong client relationships.

3. What types of clients will I be working with?

   You will have the opportunity to work with a wide range of clients, including global and domestic, public and private companies, across various industries.

4. What are the opportunities for professional development at RSM?

   RSM offers various learning and development programs to help employees enhance their technical skills, leadership abilities, and business acumen. We also provide tuition reimbursement for eligible courses and certifications.

5. What is the work-life balance like at RSM?

   RSM is committed to providing employees with a healthy work-life balance. We offer flexible work arrangements, including remote work options where applicable, and a generous paid time off policy.

6. What is the company culture like at RSM?

   At RSM, we foster a collaborative and supportive culture where teamwork and innovation are encouraged. We are committed to creating a diverse and inclusive work environment where all employees feel valued and respected.

7. What is the salary range for this position?

   The estimated salary range for a Tax Manager - Compensation and Benefits in Chicago, Illinois is $120,000 - $170,000 annually. The actual salary may vary depending on experience, qualifications, and other factors.

8. What are the benefits offered by RSM?

   RSM offers a comprehensive benefits package that includes health insurance, paid time off, a 401(k) retirement savings plan, an employee stock purchase plan, life insurance, disability coverage, and more.

9. How can I apply for this position?

   You can apply online through our careers website. Please submit your resume and cover letter, highlighting your relevant experience and qualifications.

10. What is the interview process like?

    The interview process typically involves a phone screening, followed by one or more in-person interviews with members of the Compensation and Benefits Tax Advisory team. You may also be asked to complete a technical assessment.