Firm Description

Our client is the investment firm formed by one of the Co-Founders of a top tier Global Private Equity firm.

Position

Senior Tax Accountant

Location

New York City

Responsibilities

• Partnership/Individual/Trust/Foundation tax returns:
• Prepare tax work papers for outside tax preparers.
• Assist with gathering tax estimates and preparing income estimates.
• Work with outside tax preparers on extensions.
• Initial review of trust and partnership tax returns.
• Assist with the review of high-net-worth individual and foundation tax returns.
• Communicate edits to outside tax preparers.
• Input K-1s into rolling estimate tax work paper for quarterly estimates.
• Download and save K-1s from fund websites/portals.
• Track K-1/1099s received.
• Calculate and track section 704(c) adjustments for redemptions from partnership.
• Prepare tax allocations work paper for allocation of partnership income.
• Other Tax Related:
• Track tax basis for various investments and partners.
• Coordinate with outside tax preparers for rolling tax basis.
• Calculate potential tax gains on future asset sales.
• Liaison with outside preparers about tax notices received.
• Assist with research of tax-related questions from senior management.
• Work closely with Director, Tax and CFO.
• Other Tax Projects:
• Research/calculate tax basis on ad hoc investments.

Qualifications

• Bachelor’s degree in accounting
• CPA required
• 3-5 years Public Accounting experience focusing on tax.
• Prior hedge fund and/or exposure to Investment funds/portfolios preferred.
• Ability to multi-task and meet deadlines.
• Demonstrated analytical skills.
• Attention to detail.
• Excellent research skills and ability to apply learned knowledge appropriately.
• Advanced proficiency in Microsoft Excel.
• Excellent verbal and written communication skills.
• Collaborative and team oriented.
• In order to build productive relationships across the organization and to ensure effective collaboration, this role requires in-person presence in accordance with the organization’s hybrid schedule of working in the office three days per week.