Sr. Tax Specialist

Summary

This highly dynamic role will be responsible for the coordination of providing relevant data to client third party professional tax firms and review of the resulting tax returns. This role will also centralize other essential tax administration matters that private investment funds and their advisors are required to manage, including review of complex investment transactions, carried interest effect, and analysis of investor and GP tax implications. Additionally, the Specialist will provide periodic client tax reporting, as well as ensure that GPFS professionals are kept abreast of relevant regulatory climate and changes.

Competencies

  • Organized
  • Detailed Orientated
  • Highly Flexible
  • Results Driven
  • Collaborative
  • Ethical

Essential Duties

  • Review fund and related entity tax filings, including provision of selected tax related data to third party preparers (including tax impact of flow through investments)
  • Provide an effective system of tracking all tax filings for preparation through completion
  • Calculate capital gains and losses, including year to date carried interest analysis
  • Review investor distributions to coordinate and remit tax withholding as applicable (federal and state)
  • Assist in the coordination of quarterly tax payments
  • Coordinate triannual W-8 renewal. Coordinate review of W-8s for accuracy and completeness
  • Track investments to analyze their eligibility for Qualified Small Business Stock (QSBS)
  • Prepare periodic GP tax estimates
  • Onboard new clients tax data, ensuring accuracy and completeness
  • Build and maintain relationships with clients, managing client expectations and meeting all client deliverables
  • Provide training and mentoring to the Tax Specialist (“TS”), supervise and review TS deliverables
  • Keep GPFS staff updated as to relevant PE tax matters, via training sessions, newsletters and memos
  • Participate in client planning meetings
  • Complete client ad-hoc projects

Work Environment
This role operates in a modern professional office environment, and routinely use standard office equipment such as computers, phones, and photocopiers.

Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Position Type/Expected Hours of Work
This position may require long hours and very occasional weekend work.

Travel
Travel is typically planned and can be periodic to other GPFS offices.

GPFS Vision
Our purpose is to create enduring relationships with our employees and clients by consistently delivering exceptional opportunities and service.

GPFS Values

  • Diversity is respected
  • Balance is essential
  • Learning is ongoing
  • Accountability is achievement

Required Education and Experience

  • Bachelor's degree in Accounting, Finance, Economics, or related degree and/or an advanced degree in Accounting, Taxation, JD or L.L.M.
  • 4+ years tax experience, private equity or real estate partnership taxation experience preferred
  • CPA qualification desired
  • Experience with tax research
  • Strong knowledge of industry related topics such as; carried interest, management fee waiver, QSBS, blocker entities
  • Ability to lead a team of Tax Specialists

Additional Eligibility Qualifications

  • Demonstrated attention to detail and accuracy
  • Strong multi-tasking and organizational skills
  • Ability to research and resolve issues with various degrees of complexity
  • Strong written and verbal communication skills
  • Ability to work as a strong team member as well as an independent contributor
  • Flexibility to work hours needed to complete client deliverables

Apply Now

++ Open Position ++
Sr. Tax Specialist
Drag and drop files here or Browse
Please upload a PDF or Word file (.docx) under 2mb.
GP Fund Solutions

© 2014 GP Fund Solutions, LLC.
All Rights Reserved.