US Tax - Manager - Leading Investment Bank

Roles and Responsibilities

Specific Duties and Responsibilities:

• Assist the onshore tax team with managing the tax compliance function for hedge funds and mutual funds

• Coordinate with accounting firms on various tax deliverables and ensure the deliverables calendars are followed

• Review and document review of the tax returns and related workpapers for hedge funds and mutual funds (Form 0-RIC and related schedules)

• Review and document review of the monthly tax estimates workpapers for a subset of hedge funds (Form 5, Schedule K-1)

• Review and document review of the annual tax estimates workpapers for hedge funds and mutual funds

• Review and document review of various other tax deliverables PFIC statements, FBAR returns, Forms 2, Form 1, various mutual funds’ deliverables etc.)

• Complete documentation of the tax deliverables review following the oversight procedures and timely communicate the exceptions noted

• Maintain and update the existing review procedures and ensure all the latest updates are captured

• Prepare additional supporting workpapers and reconciliation schedules to assist with the review of tax deliverables

• Perform scenario analysis based on various tax hypotheticals

• Navigate through tax data and find reporting solutions to various requests from internal and external stakeholders

• Create custom reports to model the impact of different factors to current and potential investors tax profile

• Develop sound understanding of the data lineage behind various reports in order to meet evolving needs of internal and external stakeholders


Qualifications:




• Knowledge of taxation of hedge funds

• Knowledge of taxation of mutual funds is a plus

• In-depth understanding of financial instruments and their taxation

• Must be highly organized, with excellent multi-tasking skills and ability to prioritize activities effectively

• Must be comfortable making decisions on work product design and analysis - High attention to details

• Excellent command of the English language - oral and written

• Strong analytical, technical and research skills

• Can work with minimal supervision and deliver high quality output

• Must be proactive, motivated and team player

• Proficient in MS Office applications, particularly MS Excel




Education and Experience:




• Bachelor's Degree in Accounting

• Certified Public Accountant

• 5+ years of tax experience within asset management industry - Knowledge of partnership and corporate taxation - Knowledge of taxation of hedge funds

• Knowledge of taxation of mutual funds is an advantage