Global Tax Compliance, Infrastructure- Associate

Blackstone is the world’s 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 trillion in assets under management include investment vehicles focused on private 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 basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
 

Job Title: Global Tax Compliance, Infrastructure – Associate

Job Description & Responsibilities:

The Associate will provide domestic and international investment and tax compliance support for Blackstone’s Infrastructure Funds.  This individual will help implement best practices for compliance and reporting as they relate to the infrastructure business as well as:

• Perform and review tax allocations of partnership income.
• Coordinate with financial reporting and tax advisors to ensure proper accounting of transactions.
• Oversee and coordinate collection of tax data from domestic and foreign portfolio companies.
• Compile and review tax data for federal and multi-state tax return preparation (both partnership and corporations), and review of K-1s, federal and state tax returns.
• Identify and perform/review states withholding tax requirements relating to states income allocation to nonresident recipients.
• Identify and perform/review US withholding tax requirements relating to US source income allocations to foreign recipients.
• Coordinate quarterly projections and related estimated payments to ensure accurate and timely reporting to stakeholders.
• Perform and review tax provisions for blocker corporations.
• Respond to tax authority requests, including handling of notices received from taxing authorities.
• Assist in tax audits for various jurisdictions.
• Research domestic and foreign tax reporting issues.
• Review of FATCA and CRS reporting.
• Respond to Limited Partners' tax inquiries or ad-hoc requests.
• Supporting Finance team & liaising with other business units, as needed.
• Identify areas of risk and opportunities for efficiency.

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors as well as:

• 3+ years of Big 4 tax experience in the alternative asset management industry (Real Estate or Investment Partnership Preferred).
• Undergraduate degree in Accounting, Finance, or Business-related field.
• Partnership tax experience preferred.
• CPA or graduate degree preferred.
• Strong analytical skills and the ability to work with complex data to drive decision-making.
• Ability to produce timely and accurate allocations with an emphasis on the importance of supporting work paper documentation.
• Team player.
• Effective verbal and written communicator.
• Highly organized and proactive.
• Ability to work effectively in a fast-paced and dynamic culture, with the ability to take initiative and be hands-on.
• Personal and professional integrity of the highest order.
• Strong work ethic, responsiveness, and passion for learning.

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.

Expected annual base salary range:

$110,000 - $130,000

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for e