Job Description & Synthesis
The Tax Manager will be responsible for coordinating and overseeing projects and workstreams designed to transform the fund’s tax reporting function at our client, with an emphasis on providing real-time tax data and analytics to streamline reporting and inform decision-making.
The candidate will work closely with other fund personnel in the accounting, tax, and IT along with
our outside tax/accounting service providers to ensure that accounting, legal entity, and investor information is tax-sensitized and validated to ensure accurate tax reporting across various large global and domestic private equity, mezzanine financing, distressed debt, real estate, and marketable securities partnerships.
Specific Responsibilities
Leading in project management, management of tax issues, and strategic planning; Reviewing and calculating the book/tax differences and reviewing partner allocations; Reviewing calculations of market discount, OID, and interest accruals; Analyzing reorganizations of the underlying debt and equity investments to determine the proper tax treatment; Preparing tax packages for funds and lower-tier LLCs, including reconciling of income items and capital accounts; Providing tax estimates to Clients and General Partners; Addressing large number of Client’s requests and inquiries; Analyzing withholding issues that impact partners and the partnerships’ global investments; Reviewing state withholding taxes; Drafting correspondence with state and federal tax authorities; Managing audit responses and documentation for all aspects of audits; and Assisting in the analysis of cross-border acquisitions and dispositions to determine proper tax treatment for US purposes.
Key Requirements
Bachelor’s degree required 5+ years of relevant tax experience.
Strong knowledge of general accounting, with knowledge of financial investment issues being a plus.
The candidate must be proficient in Microsoft Excel and Word.
The successful candidate will have outstanding initiative, an eagerness to learn, and a strong work ethic.
The candidate must be customer-oriented and have excellent verbal and written communication skills.
He/She will be self-driven, team-oriented, and must possess strong integrity and professionalism.
Familiarity with and understanding of a busy tax season.