Job Order ID: 2779
Employment Type: Permanent
Job Location: New York New York
Target Salary:

Job Function:

Job Description:

  • Prepare federal partnership tax returns and Schedule K-1s for tiered holdings partnerships and regarded advisor entities.   Assist with the federal return for publicly traded partnerships and multi-state tax return preparation for tiered partnerships.
  • Gather and analyze complex financial information for purposes of tax reform, PFIC, CFCs, etc.
  • Assist with the U.S. reporting of foreign investments and reporting of U.S. investments held by Non-US citizens.
  • Participate in tracking partnership/partner tax basis.
  • Perform complex allocations of income/debt.
  • Calculate and track book/tax differences.
  • Compile and review partner data.
  • Respond to tax authority requests.
  • Assist with FATCA and CRS compliance.
  • Perform quarterly and annual partnership projections and allocations to assist the Firm’s partners with making quarterly estimated tax payments.
  • Prepare summaries of state income/apportionment factors.
  • Prepare partnership withholdings including ECI, FDAP and states withholding and composite payment.
  • Maintain partnership units and PSPs.
  • Ensure proper work paper documentation.
  • Assist with income tax provision preparation (ASC 740)
  • Assist with corporate tax return preparation.
  • Assist with tax research and special projects.
  • Respond to partners’ tax inquiries or ad-hoc requests.

Requirements:

Qualifications

  • Must have relevant tax experience with a concentration in domestic partnerships. Corporate tax experience is a plus.
  • Minimum of 2 years of experience to carry out the responsibilities of the position, gained in either Public Accounting and/or a combination of both public and private experience.
  • Strong computer skills, especially strong Excel skills, including Pivot Tables and V lookups.
  • Working knowledge of tax return preparation systems, especially OneSource.
  • CPA or graduate degree preferred.