FSO_ Partnerships (hedge funds and Private equity Funds)
Technical competency
- Sound knowledge in the taxation of U.S investment partnerships (Hedge fund and Private Equity space)
- Knowledge on securities analysis (like wash sale, short sales, dividend analysis etc.,)
- Partnership Tax allocations - Sound knowledge on aggregate allocations (Hedge funds) and tax waterfall, GP clawback (Private Equity)
- Review of Schedule K-1, Form 1065, various state returns and state withholding forms
- Review of Form 1042, 8804 and 8805 filings
- Knowledge on PFICs (Passive Foreign Investment Corporation), its reporting and various elections (QEF, MTM etc.,). Review of form 8621.
- Review of international forms like 5471 and 8865
FSO- Manager
Job purpose
Manager is primarily responsible for the planning of engagement(s), managing client accounts, gathering, validating and evaluating client information, generating Tax Compliance products and assuring quality. Serve as a point of contact for the engagement(s). Also, act as a counsellor for Assistant Manager.
Your client responsibilities
- Responsible for client accounts;
- Ability to get the work completed within client deadlines and meet the due dates for filing;
- Assists the Assistant Manager with their queries and clarifies their questions;
- Communicates directly with the onshore engagement teams / clients.
- Manage own and/or other s impact on project economics, including controlling costs, monitoring budget to actual differences
- Develops, mentors and supervises Advance Analyst(s), Tax Senior(s) and Assistant Manager(s)
- May act as a Counsellor
- Adheres to practice protocols and other internal processes consistently
- Upon approval by the TAL, the Manager may sign the federal and state tax returns as paid preparer.
Your people responsibilities - as an Manager you will
- Develop people by encouraging individuals to think for themselves and take responsibility for their contribution to the team.
- Successfully delegate to all levels of staff/seniors.
- Demonstrate leadership and executive presence
- Conduct performance reviews, serve as a positive leader and mentor and contribute to performance feedback/training.
- Foster teamwork and lead by example.
- Use technology to share knowledge with team members and enhance service delivery.
- Maintain an educational program to continually develop skills.
- Maintain cooperative relationships with other engagement teams.
- Articulate and support the strategies of the GCR US FSO group.
- Effectively fulfil the role of a change agent
- Possess high degree of analytical and analyzing capabilities.
- Posses good communication Skills
- Demonstrate high degree of accounting and analytical skills..
- Demonstrate good computer knowledge - Good knowledge in MS Excel and a basic knowledge of other MS Office, Web-based applications.
- Be a team-player.
We are looking for the candidates with the following (Qualifications)
- Graduate/Post graduate in a finance, numerical or statistical background
- CPA will be an added advantage
- 6 to 10 years of experience
