Firm Overview:
Our client is a global investment firm founded 20+ years ago. They manage $40+ billion of capital for their investors across public equity, private equity, and credit and structured capital investment strategies.
Role Overview:
The tax professional will have direct responsibility for hedge fund and private equity tax compliance. The candidate should have a thorough background and understanding of the international, federal, and state & local taxation of various types of alternative investment fund structures. The role will report to the Head of Tax Compliance.
Responsibilities:
• Review of complex tax allocations and securities adjustments for hedge and private equity funds. Including, but not limited to 704(c)/(b) allocations, PE tax waterfalls, stuffing, wash sales, constructive sales, qualified dividend analysis, 1233 adjustments, straddles, 1256 contracts, swaps, flow through K-1s, UBTI.
• Review of international, federal, and state & local partnership, corporate and composite tax returns.
• Review and/or preparation of investor tax estimates and other tax reporting, including PTET.
• Review of foreign and domestic SPV tax accruals, projections, and tax estimates.
• Review of regulatory filings such as FBAR, CbCR, FATCA, and CRS.
• Address investor tax inquiries and prepare related tax reporting to support investor relations team.
• Oversee and maintain diligent tax payment and refund records.
• Collaborate with Fund Accounting, Investor Relations, Legal and Operations teams on various business matters.
• Partner with the Technology Team on automation and process improvement initiatives.
Qualifications:
• Bachelor’s degree required; CPA preferred.
• 6+ years of tax experience in public accounting or equivalent with concentration in hedge fund/private equity.
• Strong desire to learn and embrace challenges. Actively seeks feedback as an opportunity for improvement and continuously pursues new skills and knowledge.
• Proven ability to prioritize, manage, and clearly communicate plans to handle multiple concurrent deliverables.
• Commitment to establishing best practices with recognition that this requires continual process evolution.
• Excellent communication and interpersonal skills and an ability to communicate confidently to internal and external stakeholders.
• Demonstrated ability to implement quality control and maintain security of confidential information.
• Excellent analytical and problem-solving skills, including a ready ability to identify issues and errors.
• Organized, results-based approach to project management. Proficiency in Excel and drive to obtain maximum leverage from systems.
