Fund Tax Compliance
Associate / Assistant Vice President
Confirmed live in the last 24 hours
iCapital Network

1,001-5,000 employees

Digital platform facilitating access to alternative investments
Company Overview
iCapital is a global fintech leader that has significantly transformed the alternative investment marketplace by providing streamlined, scalable digital solutions and educational resources. Their robust technology and services, including diligence, compliance, and portfolio analytics capabilities, have revolutionized how wealth management, banking, and asset management industries facilitate client access to a wide range of private investments. Furthermore, iCapital's commitment to democratizing alternatives has enabled organizations to offer direct investments and feeder funds at lower minimums, thus expanding beyond the traditional 60/40 portfolio.
Financial Services

Company Stage

Series C

Total Funding

$717.3M

Founded

2013

Headquarters

New York, New York

Growth & Insights
Headcount

6 month growth

8%

1 year growth

18%

2 year growth

72%
Locations
Greenwich, CT, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Sales
Communications
CategoriesNew
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • Bachelor's degree in Accounting or Finance
  • 3-8 years of tax experience
  • CPA or master's degree in Tax is a plus
  • Understand investment partnership taxation
  • Strong Excel skills
  • Comfortable learning new systems and technology
  • Proven ability to multi-task and work both independently and as a team player in a fast-paced, demanding environment
  • Strong verbal, written, and interpersonal communication skills
  • Willing to learn new topics and work in an evolving business environment
  • Organized, self-motivated, and detail-oriented with ability to see the big picture
  • Passionate about being a part of our iCapital team and representing our company with integrity, dignity, and pride
Responsibilities
  • Coordinate and oversee the fund federal and state tax compliance, as well as Schedule K-1 and tax estimate reporting.
  • Reconcile and review investor demographics necessary for K-1 preparation and resolve source data discrepancies with third parties.
  • Monitor various internal and external calendars for different stakeholders such as investor relations, sales teams, and client relationship managers, and adhere to client service expectations.
  • Manage the collection and distribution of tax information from underlying funds.
  • Coordinate multiple third-party tax preparers and administrators in the review of the fund investment tax returns and preparation of K-1s.
  • Review tax allocations along with tax forms: 1065, 1120/1120-F, 1042/8804, 8821, 8865/5471, 8621, 1099s, and foreign and state withholding calculations.
  • Coordinate payments due to taxing authorities with accounts payable team.
  • Respond to federal and state tax notices for the funds and coordinate any payment requests.
  • Monitor and perform to service level expectations and escalate to keep processes on time.
  • Manage client and investor inquiries tax matters.
  • Document and maintain procedures, workflows, and metrics.
  • Identify opportunities for process improvements.
  • Participate in industry regulatory and tax forums.