BXCI, Tax Planning Vice President

Blackstone

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profile Job Location:

London - UK

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Blackstone is the worlds largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors the companies we invest in and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused onprivate equity real estate public debt and equity infrastructure life sciences growth equity opportunistic non-investment grade credit real assets and secondary funds all on a global information is available at . Follow @blackstone onLinkedInX andInstagram.

Responsibilities

This role reports into the Senior Vice President of BXCI Tax in London

Deals

  • Work closely with and support deal teams with Tax DD and structuring work streams on transactions and restructuring of portfolio investments including review and commenting of DD / structure reports calls with advisors and interaction with BXCI counsels
  • Participate in fund allocation meetings clarifying any organizational matters relevant for tax (e.g. allocation funding)
  • Review and confirm tax implications of transactions at investment platform level and involve local counsel as required
  • Review legal documents pertaining to the deal from a tax perspective (together with counsel)

Fund structuring

  • Support teams in the negotiation process and implementation of new products / funds to clients including: working out the most suitable bespoke structure for each investor in light of their specific concerns / requirements and tax environment and leading the implementation process of such a structure with production of tax memo/opinion involving direct client exposure.
  • Get up to date on main tax considerations on specific mandates (e.g. US LOB independent agent trading vs investment income) and monitor developments
  • Review IMA partnership documentation and all other related documents from a tax perspective

Compliance

  • Coordinate with Lux/Irish/UK/US finance teams and advisors to ensure timely preparation of tax returns (e.g. UK / German partnership tax reporting) including preparation of IBCI reporting
  • Review and sign-off on tax returns / computations (prepared by advisors) and investor tax reporting for BXCI retail funds
  • Oversee other tax aspects i.e. VAT registration / filing with advisors and BXCI Lux and Irish team TP methodology / strategy monitor WHT exposure (UK Passport reclaim process) etc.
  • Oversee business administration and implement processes to streamline filing / reporting process where needed together with local teams

Investment Platform

  • Get to know how the Lux and Irish BXCI platforms are structurally and operationally organized and monitor funding (internal / external) and distribution process
  • Monitor market practices (via building-up industry contact and advisors network) and keep BXCI on top of best players on structuring and substance
  • Take an active role in helping BXCI navigate through tax changes and find / implement best business answers (together with advisors)

Skills and Experience :

  • Extensive Experience in a Big 4 accountancy firm (minimum 8 years experience)
  • Strong international / cross-border M&A experience
  • Good DD / tax structuring skills with a drive to lead tax streams
  • Good general understanding of Fund industry required with tax structuring / compliance experience highly considered
  • Experience setting-up /dealing with SPVs / investment platform with an awareness of main cross-border tax implications i.e. substance corporate governance beneficial ownership; and knowledgeable about BEPS initiatives (MLI ATAD)
  • Credit exposure is strongly preferred
  • Some TP knowledge
  • Strong analytical rigor
  • Excellent communication skills and experience interacting with deal and finance teams
  • Familiarity with tax compliance
  • Awareness of Luxembourgish and Irish regulations
  • Driven and proactive
  • Able to produce deliverables of a high quality and on-schedule
  • Ability to work independently and to take on additional responsibilities

Qualifications

  • Undergraduate Degree in Finance or Law an asset
  • CA or CTA an asset but not essential

All qualified applicants will receive consideration for employment without regard to race colour religion sex age disability sexual orientation national origin or any other category protected by law.


The duties and responsibilities described here are not exhaustive and additional assignments duties or responsibilities may be required of this position. Assignments duties and responsibilities may be changed at any time with or without notice by Blackstone in its sole discretion.


Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race color creed religion sex pregnancy national origin ancestry citizenship status age marital or partnership status sexual orientation gender identity or expression disability genetic predisposition veteran or military status status as a victim of domestic violence a sex offense or stalking or any other class or status in accordance with applicable federal state and local laws. This policy applies to all terms and conditions of employment including but not limited to hiring placement promotion termination transfer leave of absence compensation and training. All Blackstone employees including but not limited to recruiting personnel and hiring managers are required to abide by this policy.

If you need a reasonable accommodation to complete your application please contact Human Resources at (US) 44 (0)(EMEA) or(APAC).

Depending on the position you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

  • Attending client meetings where you are discussing Blackstone products and/or and client questions;

  • Marketing Blackstone funds to new or existing clients;

  • Supervising or training securities licensed employees;

  • Structuring or creating Blackstone funds/products; and

  • Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered prefer not to say). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.


Required Experience:

Exec

Blackstone is the worlds largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors the companies we invest in and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems...
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Key Skills

  • Change Management
  • Financial Services
  • Growing Experience
  • Managed Care
  • Management Experience
  • Analysis Skills
  • Senior Leadership
  • Performance Management
  • Process Management
  • Leadership Experience
  • negotiation
  • Analytics

About Company

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Blackstone is the world’s largest alternative asset manager, serving institutional and individual investors by building strong businesses positioned to deliver lasting value.

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