Tax Manager (Fund Administration) - Associate

About this role

Role Overview:

Reporting into a Vice President, this role will primarily manage and support tax functions of allocated private equity fund of funds (primary and secondary), direct investment funds, structured products, private credit funds and Luxembourg investment vehicles. The Tax & Compliance team is part of the wider Fund Administration function that services private asset managers. 

The Impact/Competencies:

You will have the opportunity to pursue and cultivate a rewarding career with a forward-thinking organization. As an Associate, you will have the ability to add value to the Tax and Compliance operation. People are at core of all that we do - based on the consistent achievement of Key Performance Indicators (KPIs), there are opportunities for development and career progression.

Roles and Responsibilities (What you’ll be doing):

• Support clients’ tax compliance process on an annual cycle, primarily in the US and Canada, but supporting other jurisdictions as required

• Handle relationships with external tax preparers including driving timetables for deliverables and fulfilling information requests

• Support clients’ reporting requirements, including annual Returns (e.g. US 1065s, 1120s, 1120-Fs, 1042s, 8804s, 1099s, Canadian T1135s etc.) as well as investor deliverables (e.g. K-1s, T5013s)

• Oversee and assist with collection and distribution of supporting documentation (K-1s, PFIC statements, etc.) to facilitate tax preparers’ work. Handle queries and work with other teams including Fund Accounting and Treasury

• Prepare/review tax reports such as withholding taxes, stock distributions, and tax estimates and any other client reporting requests

• Prepare/review investor data templates to facilitate preparation of accurate investor filings and smooth delivery into the document portal

• Coordinate timely payment of Federal and State taxes, handle IRS Notices and Demands as required (with support of tax preparers)

• Support FATCA and CRS compliance tasks, annual reporting and ongoing onboarding and record maintenance (familiarity with Forms W-9 and W-8 versions preferred)

• ASC 740 analysis (plus but not required)

• Develop excellent client relationships and manage client expectations

• Develop knowledge of existing processes and procedures to ensure maximum effectiveness as well as contributing to development of workflows and new solutions

• Training, development and potential management of junior team members

• Any other duties commensurate with the nature and position of the post

Competencies (What you’ll bring to us):

• CPA qualification preferred but not required

• Private equity knowledge preferred

• An understanding of fund/group structures (international structures a plus)

• Extensive working knowledge in a similar environment, ideally financial services

• Understanding of financial reports, NAV reports, and partner cash flows would be an advantage

• Experience with FIA (Front Invest Analytics) ideal, but not required

• Excellent working knowledge of accounting databases/running reports

• Competent user of MS Excel and other MS products

• English language skills (fluent – oral and written)

• Team player and self-starter

• Forward thinking, creative, efficient, with a level of business acumen

• Excellent organizational, analytical, business communication and interpersonal skills 

• Flexible team player but equally able to work independently and with minimal supervision

For Dallas, TX Only the salary range for this position is USD$0.00 - USD$0.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, wh