- The Tax Associate will be responsible for various US federal and state income tax matters pertaining to tax compliance and reporting for the Apollo Equity Platform
- The Apollo Equity Platform primarily spans across the Private Equity, Hybrid Value, Secondaries, Real Estate, Sustainable & Impact Investing, and Infrastructure strategies
- The Tax Associate will primarily work with the Equity tax finance team, but also collaborate with various stakeholders throughout the organization who are supporting the Equity Platform and the broader Tax Finance team
- This role provides the candidate with the opportunity to gain broad experience in the taxation of various equity, debt, and hybrid transactions
- The position offers excellent opportunities for tax and technology integration, coordination across internal and external stakeholders
- The role will report to the Equity Tax lead based in New York, with additional responsibility to the Tax Finance Director in India
PRIMARY RESPONSIBILITIES: - Assist in management of external tax service providers to ensure accurate and timely delivery of tax compliance and reporting outputs.
- Preparation of supporting schedules to assist external accounting firms with the
- preparation of tax estimates, schedule K-1s, and tax return (form 1065 and 1120).
- Analyze and review book-tax M1 adjustments, partnership agreements, and partners tax
- allocations, including tax waterfalls.
- Assist in review of quarterly and yearly tax estimates including annual K-1s and tax returns for the fund vehicles and GP carry vehicles.
- Coordinate and interact with external tax service providers to review and analyze portfolio companies including (i) U.S. partnerships and corporations performing business in multiple states and foreign jurisdictions and (ii) passive foreign investment companies (PFICs) and controlled foreign corporations (CFCs)
- Assist with tax research and planning for acquisitions, dispositions, and reorganizations relating to foreign and domestic investments.
- Prepare foreign partner US tax withholding calculations prior to applicable distributions.
- Respond to requests for information between the various groups within the organization such as investor relations, marketing, finance, and legal.
- Review and assist in resolution of federal, state and local tax notices.
- Assist in preparation of fund (partnership) level corporate provision calculations for financial statement reporting purposes.
- Calculate & coordinate tax payments/refunds for federal and state income tax reporting/withholding with finance teams.
- Tracking/scoping of legal entities and maintenance of annual tax calendar to ensure completion of all relevant filings.
- Preparation of various quarterly management reporting packages for the global platform.
- Assist in managing internal tax documentation.
- Special projects and research assignments.
Qualifications & Experience
- At least 5 years of experience in a US Tax role at either a Public Accounting firm (Big 4 preferred) or applicable private industry (US Asset Mangers).
- CPA or CA preferred. Otherwise a MBA in finance or graduate degree (eg, MST) with experience in US Taxation.
- Partnership and Corporate tax return preparation experience required with a focus on tax reporting/compliance for an asset management firm.
- Experience with tax technology solutions (eg, partnership tiering technology used by the larger accounting firms).
- Individual must be collaborative to effectively team/liaise with colleagues as we'll
- Excellent organizational skills and interpersonal skills is important.
- Role requires individual to be nimble and flexible to balance multiple tasks simultaneously and to have the ability to take on a task and run with it to conclusion.