Assistant Vice President - Deal Structure Accounting - Tax Partnership

Description:

- Candidate should have experience in Legal entity, Tax, Accounting, and Deal Structuring. hands on Experience in Partnership Tax required.

- Should have experience in Asset Management, People Management, and Carried Interest.

- Should be able to hire, train, and manage a team (future team size may range from 1525 people).

- Must be hands-on and ready to individually handle tasks if required.

- No job hoppers.

Shift: 2:00 PM-11:00 PM IST

Hybrid Mode: 3 Days WFO, 2 Days WFH

Experience Required:

- 10-18 years relevant experience in either public or private accounting or tax;

- Strong knowledge of private credit or private equity fund strategies/investments.

- Superior written and verbal communication skills with the ability to work effectively both individually and as a team

- Solid analytical skills and ability to understand and resolve complex problems.

- Familiarity with tiered partnership structures and basic legal entity and LP-level tax considerations.

Scope and Responsibilities:

- Ensuring investment legal entities are being accounted for pursuant to the governing legal and tax documents.

- Reviewing and analyzing deal structure charts and translating that information into deal-structure setup in the accounting systems of record.

- Working with the department's US & India teams (including external vendors), the Cash Operations department and Fund Accounting to ensure appropriate investment funding allocations are used for multi-fund deals and/or for funds which may have investment restrictions.

- Reviewing calculation of allocations by partner class (including identification of entity expenses specific to electing blocker partners vs. other partner types).

- Reviewing semi-annual books for the various investment legal entities including reconciliation of the trial balance, economic allocations and ownership splits for each entity in the deal structure.

- Coordinating with the funds internal Tax group, as well as external tax preparers to prepare support for various tax filings and reporting.

- Monitoring, reconciling, and reporting on any blocker notes or third-party debt that may be part of deal or fund structures.

- Providing oversight and training to our India Deal Structure Accounting team (including external vendors) in preparing and maintaining the books and records of deal-related legal entities.

- Reviewing of GP capital allocation splits (including P&L, contributions & distributions) at the lower tier entities vs at the funds.

- Working on various process & technology improvement projects related to the tasks above.

- Performing other tasks as required.