DANIEL O'BRIEN
Chicago
Summary
Financial services professional consistently recognized as a top performer in a competitive industry. Effective problem solver with thorough attention to detail and ability to deliver high-quality work under tight deadlines. Looking for an opportunity to contribute to the growth and success of a top-tier company.
Overview
6
6
years of professional experience
Work History
Senior Tax Associate
Ernst & Young, Financial Services Office - Wealth and Asset Management
2023.08 - Current
- Coordinate with client accounting team to receive necessary financial statements and accounting data to complete investor K-1s and fund tax returns.
- Guarantee timely distribution of partnership K-1s to investors.
- Guarantee timely filing of federal/state tax returns and international forms.
- Coordinate with the IRS and State tax departments to resolve tax notices in a timely manner to avoid penalties and interest.
- Consider state tax return and international form filing requirements.
- Review federal/state tax returns and partner K-1s for private equity, venture capital and hedge funds.
- Review 1120 U.S. Corporation Income Tax Returns and quarterly estimated tax payment calculations.
- Review carry calculations and tax waterfalls to ensure accurate partner allocations.
- Analyze legal entity structures and organizational flow charts for private equity and hedge funds.
- Collaborate with other public accounting firms to prepare tax workpapers for third party clients.
- Track K-1s received for underlying investments of private equity funds. Ensure necessary true-ups are being made.
- Lead tax technical training for staff and interns.
- Manage staff scheduling and work with engagement managers to ensure adequate staffing is provided.
- Manage client billing, analyze engagement metrics, and review Statements of Work for various engagements.
Tax Associate
Ernst & Young, Financial Services Office - Wealth and Asset Management
2021.07 - 2023.07
- Analyze financial statements and accounting information to ensure necessary data has been received to complete tax workpapers.
- Consider and apply book-tax M-1 adjustments.
- Review partnership agreements to confirm accurate allocations of capital contributions, distributions, and income/expense items.
- Prepare carry calculations and tax waterfalls.
- Ensure income from underlying investments is being included in taxable income for private equity funds.
- Prepare 1065 U.S. Return of Partnership Income and 1042 Annual Withholding Tax Return for U.S. Source Income of Foreign Persons.
- Prepare state tax returns and extensions, utilizing OneSource and other tax software.
- Prepare quarterly estimates for hedge fund and private equity clients.
- Prepare international tax filings (Forms 8865, 5471, 8621, 926, etc.).
- Plan social events to strengthen relationships among team members.
Tax Intern
Ernst & Young, Financial Services Office - Wealth and Asset Management
2020.07 - 2020.08
- Prepare Form 1065 tax returns.
- Prepare international tax filing forms (Forms 8865, 8621, 926).
- Input underlying investment data from K-1s into fund workpapers.
Education
Bachelor of Science - Accounting, Minor in History
Santa Clara University
Santa Clara, CA2021-06
Skills
- Microsoft Excel
- PowerPoint
- Financial services tax compliance expertise
- Investment management
- Financial statement analysis
- Effective team and client communication
- Strong leadership skills
- Continuous learning mindset
Timeline
Senior Tax Associate
Ernst & Young, Financial Services Office - Wealth and Asset Management
2023.08 - Current
Tax Associate
Ernst & Young, Financial Services Office - Wealth and Asset Management
2021.07 - 2023.07
Tax Intern
Ernst & Young, Financial Services Office - Wealth and Asset Management
2020.07 - 2020.08
Bachelor of Science - Accounting, Minor in History
Santa Clara University