Job Summary:
We are seeking an experienced tax professional to join our team as an Assistant Manager specializing in U.S. partnership taxation for private equity structures. The ideal candidate will have deep technical expertise in partnership tax compliance and advisory, with a strong understanding of private equity funds, management companies, and general partners
Responsibilities / Key competencies for the position
• Prepare and review U.S. federal and state partnership tax returns (Form 1065), related schedules (K-1, K-2/K- 3) and corporation returns (Form 1120)
• Prepare tax workpapers based on client-provided financial data
• Ensure accurate and timely filing of tax returns for private equity funds, management companies, and GPs.
• Manage quarterly, annual tax estimates and extensions
• Provide technical guidance on partnership allocations, basis calculations, and carried interest.
• Support tax planning strategies to optimize after-tax returns for investors and partners.
• Stay updated on U.S. tax regulations, IRS guidance, and legislative changes impacting private equity.
• Identify opportunities for automation and efficiency in tax compliance processes.
• Implement best practices for documentation and internal controls.
• Ensure all review tasks assigned are up to date and delivered on time based on the planning in place.
• Proactively inform the reporting line for any work that cannot be executed as planned highlighting where changes may be needed in planning assumptions.
• Use professional judgment to assess when to escalate an issue promptly.
• Demonstrate ownership of his/her own development, highlighting when and where additional support and development is required.
• Perform any other related duties that may from time to time be required which are appropriate for the role and business needs