Job Title:
Tax Manager - Hedge Funds
Job Responsibilities:
- Identify complex tax issues and provide tax analyses for various hedge fund clients and their affiliates.
- Understand Subchapter K related to hedge fund structures, financial products, related tax adjustments, and aggregate allocations.
- Determine trader vs. investor status and identify necessary federal, international, and state investor reporting.
- Perform detail-level review of tax workpapers, allocations, and tax returns.
- Conduct research to advise on transactional and tax planning opportunities, with support from the Washington National Tax group.
- Build relationships and coordinate with client contacts to gather necessary information.
- Train, mentor, and supervise seniors and both new and experienced-level staff.
- Attend required national and sector-specific training for personal development.
Education and Experience Information:
Required:
- Bachelor’s degree in accounting, finance, or another business-related field.
- Minimum of 5 years’ experience providing tax planning services or preparing and reviewing client work papers and income tax returns.
- Basic understanding of Subchapter K, financial products, wash sale, and constructive sale rules, as well as familiarity with aggregate allocations.
- Experience working in a fast-paced, team environment.
- Experience managing projects, including scheduling, budgeting, client correspondence, and billing.
- Strong verbal and written communication skills.
- Ability to travel up to 25%, on average, based on the work performed and clients served.
- One of the following active accreditations obtained:
- Licensed CPA in the state of practice/primary office if eligible to sit for the CPA.
- If not CPA eligible:
- Licensed attorney
- Enrolled Agent
- Certifications:
- Chartered Financial Advisor (CFA)
- Certified Financial Planner (CFP)
Preferred:
- Advanced degree such as Masters of Tax, JD, and/or LLM.
- Previous experience in a Big 4 or large CPA firm.
- Knowledge of fund accounting and general ledger accounting.
Salary Information:
The wage range for this role considers a wide range of factors, including skill sets, experience, training, licensure, certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for geographic differentials associated with the position's location. A reasonable estimate of the current range is $84,980 to $193,440. Additionally, eligibility to participate in a discretionary annual incentive program may be available, subject to program rules, with awards dependent on various factors, including individual and organizational performance.
