GCM Grosvenor
Tax Principal
GCM Grosvenor, New York, New York, us, 10261
SUMMARYThe Tax Principal role entails working closely with the Tax Executive and Managing Directors, other Tax team colleagues including other Tax Principals, and service providers to manage all tax aspects of the Private Markets business including private equity, co-investments, infrastructure, secondaries, and real estate. The Tax Principal may also have responsibilities in other investment verticals, such as Absolute Return Strategies and Strategic Investments.As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays and Thursdays.RESPONSIBILITIESThe individual will be involved in the following critical activities:Coordinate with others to manage the Global tax compliance process for investment partnerships and accounts managed by the firm including Federal, State, and International tax reporting.Lead tax process improvement projects using different tax technology solutions while collaborating with various Departments with a high focus on increasing efficiency and risk management.Communicate regularly with Fund Finance and Treasury executives to implement strategies designed to improve the transfer of information between groups, including the tracking, booking, and processing of tax payments and refunds.Research tax technical issues and articulate findings in a manner suitable for the audience.Work with service providers to stay abreast of legislative and regulatory tax changes and communicate tax developments to management team.Review tax deliverables with a focus on accuracy and timeliness.Draft client correspondence and participate in communications with clients, as needed.Review fund structures of underlying fund investments for domestic and foreign entities and identify tax filing and income reporting requirements.Review partnership allocations of income for investment partnerships and issue K-1s to investors.Perform related duties as assigned including handling tax notices, updating tax forms, responding to investment tax questionnaires.EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTSThe ideal experience and critical competencies for the role include the following:CPA required, BA/BS in Accounting, MST preferred, minimum 3.5 GPA.Minimum of 8 years public and/or private tax experience required, preferably a public/private mix.Proficient user in Microsoft Excel with the ability to efficiently manage large datasets required.Expertise in federal and state returns for domestic and foreign partnerships and corporations.Expertise in international tax including experience with PFICs, CFCs, ECI/FDAP/FIRPTA withholding.Experience with FATCA/CRS reporting a plus.Experience with Alteryx, Power Automate, or Power BI a plus.Strong organizational/project management skills and detail-oriented mindset.Excellent communication skills - both written and oral.Demonstrated initiative and ability to work in a fast paced, changing environment.High degree of integrity.Positive attitude and strong work ethic.Ability to balance multiple concurrent projects.Demonstrated ability to work effectively as part of a team.Must be resourceful and capable of developing a network of effective relationships with a variety of service providers and internal professionals across departments.CULTUREWe are not afraid to think differently. Embrace new ideas. Dream big. Welcome change. We are a culture of empowerment, accountability, high performance, and trust. Successful team members are self-motivated and energized by working alongside thoughtful and smart colleagues in a fast-paced environment. Individuals who thrive on this team enjoy being a part of an organization focused on excellence. We look for naturally collaborative individuals who enjoy interacting at all levels of the organization.DIVERSITY, EQUITY & INCLUSIONA diverse, engaged team is critical to our ability to successfully create and deliver value to our clients. We are committed to creating an inclusive environment where diverse professionals can thrive professionally, and we are dedicated to training, retaining, and promoting minorities, women, LGBTQ employees, veterans and individuals with disabilities.ABOUT THE FIRMGCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $79 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.The firm has specialized in alternatives for more than 52 years and has a diverse, engaged team of approximately 530 professionals serving a global client base. We are proud to offer our employees a comprehensive benefits package focused on health and wellness, retirement planning, and diversity and inclusion. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit:
gcmgrosvenor.com .EQUAL OPPORTUNITY EMPLOYER M/F/D/V
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gcmgrosvenor.com .EQUAL OPPORTUNITY EMPLOYER M/F/D/V
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