Tax Manager – Funds/GP/Management Company

• Location: West LA, California
• $111000 base salary
• Remote: Remote
• Type: Direct Hire
• Job #1628
• Salary: $111,000 - $170,000

Title: Tax Manager

Industry: Financial Services – Venture Capital/Private Equity

Location: West LA – Hybrid

Overview: Pacific Executive Search has been engaged on a search for a Tax Manager position that offers you the chance to take on new responsibilities, including overseeing tax compliance for various partnerships and corporations while collaborating with external accountants and internal teams. You will be based in West LA, providing a vibrant work environment that fosters professional growth and development in the financial services sector. This role not only allows you to deepen your expertise in tax regulations but also positions you for advancement within a dynamic private equity firm.

Description:

Responsibilities

• Collaborate with external tax professionals to review and submit annual federal (Forms 1065 and 1120), state, and other tax returns for various limited partnerships, limited liability companies, and corporations, ensuring compliance with applicable laws and regulations within designated timelines.
• Partner with Fund Accountants to conduct tax withholding assessments on distributions to investors, including the coordination and evaluation of Forms W-8 and W-9 as necessary.
• Engage with the Investor Relations team to respond to tax-related inquiries from investors.
• Work alongside Fund Accountants, portfolio companies, and external tax advisors to prepare taxable income forecasts and review tax distribution calculations.
• Support the evaluation of tax structures for transactions and fundraising initiatives.
• Coordinate with external tax accountants and fund administrators to ensure adherence to the Foreign Account Tax Compliance Act (FATCA), Common Reporting Standards (CRS), and other relevant tax regulations.
• Receive and manage federal and state tax regulatory notifications.
• Collaborate with Fund Accountants and external tax advisors to prepare and report annual 1099s and 1042s, ensuring timely processing of any tax payments or refunds.
• Review draft and final Schedule K-1s and tax returns for accuracy before distribution and filing.
• Assist in the event of tax audits, if required.
• Calculate use tax, property tax, LA City Business Tax, and SIFL for the management company.
• Oversee and coordinate PTET payments.
• Review GP financial statements, tax returns, and quarterly tax estimates.
• Stay informed about new or revised tax regulations affecting funds and businesses.

Qualifications

• 4-5+ years of experience in public accounting.
• Background in financial services clients or industry experience.
• CPA certification is preferred.
• A Master of Taxation degree is preferred.