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, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.