Job Description
Tax Manager (AVP)
Hyderabad
About Citco
Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients needs.
For more information about Citco, please visit www.citco.com
About The Team & Business Line
Citco Fund Services (CFS) - Tax
Citco tax team provides timely and accurate tax reporting for both the funds and the investors in Hedge Funds, Private Equity and Real Estate Funds, and Fund of Funds.
Citco delivers a complete solution dedicated tax team with international presence, customized tax technology solutions, data integration, efficient reporting process and continuous service. Our experienced tax professionals can prepare all US federal and state forms and the service is customizable to the needs of each client and particular fund.
Key Tax Compliance Services
- Taxable income workbooks, tax allocations and investor K-1s, K-3s
- Fund & Management Company Tax Returns 1065 Tax Returns
- State & Local Filing for Partnerships
- Passive Foreign Company Annual Information Statements
- Form 1099, 1042 & 1042-S Filings
- FIN 48 Analysis - FBAR
- IRS & State Audit Assistance
- FATCA Returns & CRS Filing
Tax Planning & Technology
- Live Tax Trial Balance through Tax Dashboard
- Optimization of lot relief methodologies
- Dynamic tax estimates
- Proprietary Tax Allocation Modelling
- Tax Waterfall Modelling
Other global tax services include providing supporting calculations and related tax services for local reporting in Australia, Austria, Germany, the UK, Switzerland and other counties.
The CFS Global Tax comprises of specialized teams handling hedge fund, private equity, real estate, FATCA Compliance, Fin 48 Assistance, German, UK and Australian Tax Reporting. Team locations now include the US, UK, Lithuania, Philippines and India.
A career within Tax services, will provide you with the opportunity to help our clients meet and manage their tax obligations across unique but ever-changing tax specialties.
Responsibilities
Your Role:
Responsibilities
As a Manager, you will join as part of a global tax team assisting the group from managing project assignments leading to the actual issuance of tax deliverables to our clients. Specific responsibilities include but are not limited to:
- Maintain internal controls ensuring the Company remains compliant with all regulations.
- Assist in the management of a portfolio of clients including the allocation of projects across the global tax team.
- Review and ensure quality of tax products work papers, tax returns and all other tax deliverables.
- Review 1065 - Federal and state tax returns prepared by Citco & 3rd party tax preparers.
- Ensure effective Staff Development: Train, coach, supervise and appraise performance of staff.
- Manage and oversee a team of supervisors, seniors and staff.
- Participate in the growing of the tax team including screening & interviewing candidates.
- Assist the management and delivering of large projects.
- Multitask and juggle priorities in a highly dynamic, global team environment.
- Act as technical and knowledge resource to the tax department.
- Review, build and improve tax processes including handling tax tool enhancement projects or other related initiatives.
- Communicate with the clients including tax fee discussions and offering tax consulting services/responses to any of the clients queries.
- Develop strategies to solve complex technical challenges.
- Participate in business development activities to help identify and research opportunities on new/existing clients (Federal, state and international tax issues).
- Keep up to date with relevant industry regulatory changes affecting the business operations.
- Develop internal and client relationship
- Participate in the over-all operational requirements of the global tax team such as holding periodic meetings with tax management team as required.
About You
- Degree qualified in Accounting or Finance related area and/or studying for a professional accounting qualification.
- At least nine (9) years of relevant experience in the alternative investment industry.
- Strong software skills.
- MS Excel The successful candidate will be comfortable with formulas, should understand the basics of macros & pivot tables, and be able to navigate and understand workbooks.
- In general, candidates should have an intuitive feel and be a quick study for various software applications.
- Proficient in Go System Tax RS.
- Extensive experience in US tax compliance (Federal and states) including review of Forms 1065/K1/K2/K3s, 1042, 1099s, 8621, 5471, PFIC reporting etc. for private Equity is a MUST.
- Knowledge of Private Equity structures
- Knowledge of partnership accounting and allocations, including tax waterfalls, carry, claw back, etc.
- Excellent analytical, problem-solving skills with high degree of attention to detail.
- Ability to manage multiple tasks / projects.
- Proactive and team player attitude.
- Enrolled Agent/US CPA designation is a plus but not mandatory.
Our Benefits
Your wellbeing is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.
