Senior Vice President, Tax
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Job Location:
Jersey, NJ - USA
Monthly Salary:
$ 185000 - 255000
Posted on:
8 hours ago
Vacancies:
1 Vacancy
Job Summary
About Citco:
The market leader. The premier provider. The best in thebusiness. At Citco weve been the front-runner in our field since ourincorporation in 1948 led to the evolution of the asset servicing sectoritself. This pioneering spirit continues to guide us today as we innovate andexpand push beyond the boundaries of our industry and shape its future. Fromworking exclusively with hedge funds to serving all alternatives corporationsand private clients our organization has grown immensely across asset classesand geographies. For us this progress is a pattern that well only maintain aswe move forward always prioritizing our performance. So for those who want toplay at the top of their game and be at the vanguard of their space we say:Welcome to Citco.
About the Team & Business Line:
Fund Administration is Citcos core business and ouralternative asset and accounting service is one of the industrys mostrespected. Our continuous investment in learning and technology solutions meansour people are equipped to deliver a seamless client experience.
Responsibilities
Your Role:
- Build new and existing client relationships and demonstrate knowledge of the industry. Work collaboratively with the client and third party auditors in order to resolve tax related issues faced by the client.
- Prepare and review Form 1065 schedule K-1s PFIC statements and related schedules including L M1 M2 and M3
- Prepare and review of complex international tax forms particularly Formsand 5471
- Work on issues regarding withholding tax based on Effectively Connected Income and prepare Form 8804 Form 8805 Form 1042 and Form 1042-S; identify foreign/domestic status of partner(s) by analyzing Forms W-8BEN W-8ECI W-8IMY and/or W-9
- Perform research of relevant tax laws regulations and rulings to determine proper tax treatment of issues
- Review of FBAR filings (FinCEN Form 114) with the Department of the Treasury
- Work on complex partnership profit/loss allocations for hedge funds and fund of funds
- Train and work closely with Citco offices overseas
- Review client deliverables; work closely with tax managers and clients on a daily basis
- Formulate work papers to support book to tax analysis tax allocations and calculations to support K-1 footnotes
- Review all the tax lot testing; dividend income/expense wash sales straddles constructive sales short sale holding period order to get to final taxable number for the accurate income tax filing
- Plan and execute Tax IT developments by directing and coordinating other departments of Citco; provide periodic reports to Tax director and MD for the IT developments
- Instruct classes to newly hired staff regarding tax issues and their treatment
Qualifications
About You:
- Bachelor of Science in Accounting or Finance.
- 10 years of relevant private equity tax experience with high volume operational environment
- CPA preferred
- Knowledge of private equity structures
- Knowledge of partnership accounting and allocations including tax waterfalls
- Experience with federal and state tax return compliance
- Experience with managing and/or leading staff
- Excellent analytical and problem solving skills with high degree of attention to detail
- Excellent written and verbal communication skills
- Strong sense of ownership and accountability of work product
Salary Range: USD 185000 - 255000
Our Benefits
Your well-being is of paramount importance and central to our success here at Citco. Citco offers a comprehensive and competitive total rewards package to support your career success and personal needs. Your base salary will be determined by several factors such as the role experience skillset market conditions etc. Furthermore qualifying positions can participate in an annual discretionary bonus pool based on company profitability and individual contributions. Our comprehensive benefits package includes medical dental and vision coverage short and long-term disability benefits a retirement savings plan tuition reimbursement mental health and wellness support parental leave and more. Additional details about our total rewards package will be shared during the hiring process.
At Citco we take pride in fostering an inclusive culture by prioritizing the hiring of people from diverse backgrounds. Our culture is a source of pride and strength fostering innovation mutual respect and collaboration. We warmly welcome and encourage applications from people with disabilities. If you require any accommodations to make our recruitment process more accessible for you please let your recruiter know.
As an equal opportunity employer Citco adheres to making all employment and personnel decisions without discriminating based on race color creed religion sex physical disability mental disability age marital status sexual orientation citizenship status national or ethnic origin or any other protected status. We believe that an inclusive workforce not only enriches our company but also drives us towards greater success.
Please note that this job description is not intended to be all-inclusive. Our employees may perform other job-related duties as needed to meet the ongoing needs of our organization.
Required Experience:
Senior Exec
Key Skills
- Business Development
- Risk Management
- Financial Services
- Management Experience
- Profit & Loss
- Banking
- Regulatory Reporting
- Analysis Skills
- Relationship Management
- Financial Analysis
- Leadership Experience
- negotiation
About Company
At Citco, we don't just provide bespoke solutions and better results. We’re a true partner dedicated to developing rich, long-term relationships through gold standard services.
