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Salary commensurate with experience.
Position Summary:
Our client, a top Asset Management Investment Firm has asked us to locate an Assistant Vice President of Tax.
The position is based in New York City.
Job Description & Responsibilities:
This position assumes ownership of a wide range of functions covering domestic and international tax compliance with specific emphasis on the following responsibilities:
Prepare book to tax reconciliation for various partnership and corporate entities quarterly and annually. Assist in partnership tax allocations and waterfall allocations for purposes of GP Carry. Track partnership/partner tax basis.
Compile tax data and assist in the provision of reports and work papers to tax preparer in support of federal, state and foreign income and franchise tax returns. Engage in US reporting of foreign investments and reporting of US investments held by non-US citizens and foreign partners.
Compile data for the performance of security/debt investment analysis to determine the proper tax treatment and tax adjustments.
Perform interim year partnership projections and allocations to assist the Fund’s investors and the Firm’s partners for purposes of making quarterly estimated tax payments.
Prepare quarterly and annual FAS 109 calculations on corporate entities.
Monitor and maintain federal, state, and local tax calendar.
Prepare income tax provisions for purposes of tax distributions and assistance in quarterly estimated income tax payments.
Research tax treatment of complex financial instruments and corporate actions of Funds.
Assist in tax planning analysis; involvement in various special projects.
Assist with responding to tax authority requests.
Qualifications:
We are looking for a highly motivated, diligent and hard-working team player who works well independently as well as with Fund and General Partner accounting staff.
The AVP must also have strong organizational skills in order to document all work and generate & maintain proper tax files.
In addition, the successful candidate must meet the following qualifications:
Investment fund experience preferably with committed capital funds; 5 or more years tax experience from either a Big 4 accounting firm or relevant asset management industry.
Understanding of Investment fund structures.
Knowledge of investment fund tax accounting concepts including partnership tax accounting, tax allocations, management and incentive fees. Experience with financial services taxation, including PFICs, CFC, UBTI, ECI, etc.
Produces timely and accurate records, while maintaining meticulous work paper documentation. Attention to detail is critical.
Exposure to taxation of debt instruments is a plus.
Strong communication and interpersonal skills; effectively builds rapport with internal and external counterparties.
Strong Excel skills.
CPA preferred.
Contact:
Stan Hamlet Associates Inc
(o) 212-685-4884
(c) 914-953-9028