Tax Accountant OR Senior Tax Accountant

We are seeking an experienced Tax Accountant for a prestigious financial services firm in Chicago!

Our client is a market-leading, award-winning direct lender and credit asset manager with over $50 billion of capital under management. They specialize in providing innovative financing solutions to middle-market companies backed by private equity sponsors. With a strong focus on fostering long-term partnerships, this company has built a reputation for excellence in the industry.

As a Tax Accountant, you will play a crucial role within the Tax Department, collaborating closely with various teams and external partners.

Responsibilities:

• Prepare investor K-1s and PFIC statements issued to investors by the designated deadline
• Assist in the preparation and review of federal and state tax returns
• Compute quarterly estimated taxable income for funds and their GPs
• Liaise with external tax firms for tax return preparation and K-1 issuance
• Coordinate with various departments to ensure accurate tax compliance for funds and related entities
• Collaborate with Investor Communications Team for data provision to external tax preparers
• Facilitate information reporting and withholding for agented loans
• Monitor and track tax basis of investments and review tax documents received
• Conduct tax reviews of proposed equity investments and document equity dispositions
• Draft ASC 740 memos, tax provisions, tax footnotes, etc. for financial statement audits
• Update and maintain Tax Department process and procedure documentation
• Provide recurring exhibits for monthly tax meeting agenda with Executive Management
• Assist in reviewing and responding to tax notices from various jurisdictions
• Prepare and maintain W-9s / W-8s for new entities and maintain the tax form database
• Handle ad-hoc projects and requests as needed

Requirements:

• Bachelor’s degree in Accounting or Finance
• CPA certification preferred
• A Master’s degree in Accounting or Taxation is a plus
• 2 to 4 years of relevant tax experience in the financial services industry
• Strong knowledge of partnership taxation and investment vehicles (US and non-US based)
• State tax experience is a plus
• Understanding of debt investment taxation is a plus
• Familiarity with Workday or Wall Street Office (WSO) is a plus
• Excellent written and verbal communication skills
• Exceptional organizational skills with the ability to handle multiple projects simultaneously

This is an exceptional opportunity to join a dynamic and collaborative team, working in a highly reputable financial services organization. The firm offers a competitive compensation package, commensurate with experience, as well as comprehensive benefits including medical, dental, vision, and a 401(k) plan.

 

Posted On: Tuesday, July 25, 2023