GSO Finance Tax Associate / AVP

The Blackstone Group LP   •  

New York, NY

Industry: Technology

  •  

8 - 10 years

Posted 36 days ago

Business Unit:

GSO Finance Tax

Job Title:

Assistant Vice President

Jobb Description: We are currently seeking an Assistant Vice President position reporting to the Vice President of Tax, this position assumes ownership of a wide range of functions covering domestic and international tax compliance with specific emphasis for the following:

  • Prepare book to tax reconciliation for various partnership entities and corporate entities.
  • Participate in tracking partnership/partner tax bases.
  • Compile tax data and assist in provision of reports and work papers to tax preparer in support of the federal, state and foreign income and franchise tax returns.
  • Analyze financial statements/trial balance and perform security/debt investment analysis to determine the proper tax treatment and tax adjustments.
  • Research tax treatment of complex financial instruments and corporate actions of Funds.
  • Engage in US reporting of foreign investments and reporting of US investments held by non-US citizens and foreign partners.
  • Perform interim year partnership projections and allocations to assist the Fund’s investors and the Firm’s partners with making quarterly estimated tax payments.
  • Assist in performing quarterly and annual FAS 109 calculation in connection with Fund reporting requirements.
  • Prepare and update ASC740 memo for financial statement reporting purposes.
  • Prepare quarterly estimated income tax payments.
  • Collaborate with outside tax preparer / fund administrator for tax reporting purposes
  • Review tax information and workpaper compiled by outside tax preparer / fund administrator
  • Assist with responding to tax authority requests and examinations.
  • Assist with responding to investor requests.
  • Assist in modeling after-tax returns for various investor types
  • Involvement in various special projects.

Qualifications:

We are looking for a self-motivated, diligent and hard-working team player who can work independently and collaboratively in a team environment. Organizational skills are required to document all work and generate & maintain proper tax files. The ideal candidate:

  • Must have either hedge fund and or private equity experience (7-10 years) tax experience from reputable CPA firm or relevant industry).
  • Must have understanding of private equity and/or hedge fund structures (master-feeder, mini-master, and fund-of-funds).
  • Must have knowledge of private fund tax accounting concepts including partnership tax accounting, tax allocations, management fees and incentive fees. Experience with financial services taxation, including PFICs.
  • Must produce timely and accurate records, while maintaining meticulous work paper documentation. Attention to detail is critical.
  • Must be self-motivated and have the ability to perform under tight deadlines with minimal supervision.
  • Exposure to taxation of debt instruments is a plus.
  • Very strong communication and interpersonal skills; ability to build rapport with internal and external counterparties.
  • Strong Excel skills.
  • CPA preferred.

7647