Tax Manager (Full Time / Hybrid)

Posted 2 weeks ago

 Position: Tax Manager 

Location: Boston, MA 

Reporting to: Director of Tax 

This is an exciting and challenging new position in an expanding tax department of a global private equity firm. You will be helping oversee the tax compliance process, where you will be exposed to complex deals, entity structures and tax transaction reporting and will work closely with Big 4 firms. Working alongside a tax team of five and reporting to the Director of Tax, this role will have a hand in the team’s growth and continuing to improve processes. 

Specific Responsibilities Include: 

Tax Return Preparation & Review 

• Co-Manage the tax return preparation and review process for over 300 entities, including: o the calculation of year end K-1 taxable income estimates 

o the review of federal and state tax return extension calculations 

o the preparation and review of the workpapers supporting the Fund tax returns, including the review of transactions to identify appropriate tax reporting. 

o the preparation and review of the workpapers supporting the General Partner, Management Company and Co-Investment entities’ tax reporting. 

o Review of K-1s prior to issuance and tax returns prior to filing 

• Work with the Tax Team to: o Evaluate opportunities for improving our current tax processes, including real time tracking of transactions and various tax implications as they occur 

o Coordinate the tax engagement with Big 4 tax preparers 

Investment Structures 

– Detailed involvement from a tax perspective in all material transactions by understanding structure and tax implications of the investment transactions 

– Working closely with the Finance & Accounting team to obtain the necessary relevant information to ensure the proper tax treatment and reporting of those transactions 

– Coordinate with outside counsel to ensure that tax memos summarize the tax implications relevant to each transaction are received on a timely basis and elections are made to achieve the intended tax treatment. 

– Summarize and communicate relevant tax issues and considerations related to each transaction to both internal TA tax team members and external tax preparers 

– For pass-through portfolio company investments, review tax distributions and allocation of income to confirm consistent with partnership agreements 

Partnership Agreements 

– Ensure proper application of tax related provisions in Fund, AIV, General Partner and other partnership agreements, including waterfall provisions 

Other 

• Work with the Tax team and Fund Accounting as needed to obtain the necessary information related to investment structures and portfolio companies to ensure proper tax reporting on the tax returns 

• Respond to partners with K-1 questions and/or requests for additional tax disclosure 

• Assist with FATCA and CRS analysis and filings 

• Review federal and state tax controversy items 

Job Qualifications: 

• Minimum of 6 years of tax experience (private equity tax experience preferred) 

• Big 4/large firm experience a plus 

• Strong knowledge of partnership accounting and taxation is a must 

• Strong computer skills, including MS Office and complex Excel formulas 

• Solid communication skills, both written and verbal 

• Strong analytical, interpersonal and organizational skills 

Characteristics of an Outstanding Performer: 

• A bright, creative and confident professional who has a sense of urgency, intellectual curiosity and is able to support sustained growth by improving systems and procedures 

• A hard worker who is motivated to do whatever it takes to get the job done 

• A self-starter who takes initiative and applies judgement with tasks and projects and has the ability to handle multiple responsibilities 

• A person who is flexible and who doesn’t draw finite lines around responsibilities 

• A dedicated, detail-oriented, enthusiastic and energetic professional who has a high degree of service orientation towards everyone inside and outside the organization 

• A high standard of integrity, character and professionalism 

• An ability to prioritize workflow in a challenging and evolving environment 

• An ability to work both independently and as part of a team 

• An ability to positively interact with all levels of partners and staff 

Compensation and Current Benefits: 

– A highly competitive package that includes a base salary plus annual performance bonus 

– Company pays 100% of medical, dental, disability and life insurance coverages 

– Company contributes 15% of compensation to employee-directed retirement account 

APPLY HERE