What are the responsibilities and job description for the Global Tax Compliance - Credit - Assistant Vice President position at Blackstone?
Blackstone is the world's largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
Job Description & Responsibilities :
We are currently seeking an Assistant Vice President of Tax. Reporting to the Vice President of Tax, this position assumes ownership of a wide range of functions covering domestic and international tax compliance with specific emphasis on the following :
- 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. Assist in life to date Carry reconciliation and Carry distribution. Track partnership / partner tax basis.
- Compile tax data and assist in provision of reports and work papers to outside tax preparer in support of the 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 income tax provision for purposes of GP tax distributions and assist in quarterly estimated income tax payments.
- Prepare quarterly and annual FAS 109 calculation on corporate entities.
- Respond to investor tax inquiries and tax due diligence inquiries.
- Research tax treatment of complex financial instruments and corporate actions of Funds.
- Assist in tax planning analysis and involvement in various special projects.
- Assist with responding to tax authority requests.
Qualifications :
We are looking for a self-motivated, diligent and hard-working team player who can work independently with our Fund accounting and General Partner accounting team. Organizational skills are required to document all work and generate & maintain proper tax files. The ideal candidate :
The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.
Expected annual base salary range :
125,000 - $185,000
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
Additional compensation : Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.
Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.
If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com.
Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and / or if you are engaged in the following :
Note : The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
To submit your application please complete the form below. Fields marked with a red asterisk
Salary : $125,000 - $185,000