DANIEL O'BRIEN
Chicago,IL
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 financial services firm.
Overview
4
4
years of professional experience
Work History
Senior Tax Associate
Ernst & Young
08.2023 - Current
- Coordinate with client tax 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.
- Review federal/state tax returns and partner K-1s for private equity, venture capital and hedge funds.
- 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.
- Lead tax technical training for new staff and interns.
- Ensure fair distribution of work to staff and connect with engagement managers when additional staffing is required.
Tax Associate
Ernst & Young
07.2021 - 07.2023
- Analyze financial statements and accounting information to ensure necessary data has been received to complete tax workpapers.
- Prepare year-end tax reconciliation from general ledger, trial balance and profit and loss statements to taxable income.
- Consider and implement book-tax M1 adjustments.
- Review partnership agreements to confirm accurate allocations of capital contributions, distributions, and income/expense items.
- Prepare carry calculations and tax waterfalls.
- Prepare 1065 U.S. Return of Partnership Income and 1042 Annual Withholding Tax Return for U.S. Source Income of Foreign Persons.
- Consider state tax return filing requirements and prepare state tax returns and extensions, utilizing One Source and other tax software.
- Prepare quarterly estimates for hedge fund and private equity clients.
- Prepare international tax filings (Forms 8865, 5471, 8621, 926, etc.).
- Collaborate with other public accounting firms to prepare tax workpapers for third party clients.
- Plan social events to strengthen relationships among team members.
Tax Intern
Ernst & Young
07.2020 - 08.2020
- Prepared several Form 1065 tax returns.
- Prepared international tax filings (Forms 8865, 8621, 926).
- Input underlying investment data from K-1s into fund workpapers.
Education
Bachelor of Science - Accounting
Santa Clara University
Santa Clara, CA06.2021
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
08.2023 - Current
Tax Associate
Ernst & Young
07.2021 - 07.2023
Tax Intern
Ernst & Young
07.2020 - 08.2020
Bachelor of Science - Accounting
Santa Clara University