Tax Director
Position Summary
The Tax Director is a senior-level role responsible for overseeing tax compliance across all fund entities, the management company, and affiliated structures. This role serves as ITE’s primary tax authority, ensuring timely and accurate compliance with federal, state, local, and international tax requirements while partnering closely with fund administrators, outside tax counsel, and internal finance and legal teams.
Key Responsibilities
Oversee the review and timely filing of all federal, state, and local tax returns for domestic fund entities, including Form 1065 partnership returns, Schedule K-1s, and related state filings.
Manage offshore fund tax reporting obligations, including PFIC statements, Subpart F income analysis, and FBAR/Form 8938 filings.
Manage the annual Schedule K-1 process end-to-end, coordinating with fund administrators and ensuring on-time delivery to investors.
Oversee FATCA and CRS compliance obligations, including investor classification, W-8/W-9 documentation, and withholding determinations.
Oversee tax compliance for the management company and general partner entities, including estimated tax payments and review of carried interest and profits interest allocations.
Identify and advise on tax planning opportunities to optimize after-tax returns and enhance the firm’s overall tax efficiency, including analysis for new fund launches and restructurings.
Monitor legislative and regulatory developments and assess their impact on fund structures and compliance obligations.
Serve as the primary point of contact for investor tax inquiries, including questions related to Schedule K-1s, UBTI, and ECI.
Maintain a comprehensive tax compliance calendar and develop internal controls to ensure accuracy and consistency across the tax function.
Coordinate and manage federal, state, and local tax audits and notices, including compliance with IRS partnership audit rules under the Bipartisan Budget Act (BBA).
Manage relationships with external tax advisors, accounting firms, and specialized tax counsel.
Partner with the CFO, Controller, Legal, and Compliance teams on cross-functional projects involving tax implications.
Requirements
Bachelor’s degree in Accounting, Finance, or a related field required; Master of Science in Taxation (MST) or CPA designation strongly preferred.
Minimum of 7-10 years of progressive tax experience, with significant experience in investment fund or financial services taxation.
Demonstrated hands-on experience with partnership tax returns (Form 1065) and Schedule K-1 preparation.
Meticulous attention to detail with a commitment to accuracy and thoroughness in all deliverables.
Strong analytical and problem-solving skills, with the ability to research and resolve complex tax issues independently.
Excellent written and verbal communication skills, with the ability to explain technical tax concepts to non-tax stakeholders.
Highly organized self-starter who thrives in a deadline-driven environment and can manage multiple concurrent workstreams.
Benefits
Comprehensive medical, dental, and vision insurance.
401(k) plan with employer matching contributions.
Generous paid time off, including firm-recognized holidays.