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Alternatives Tax Compliance Reporting & Fund Structuring Sr. Analyst

Company: Citi
Location: Newark
Posted on: January 13, 2022

Job Description:

Citi Global Wealth Operations (CGW)Alternative Investment Fund Administration: Alternatives Tax Compliance Reporting & Fund Structuring & - Private Equity (PE), Real Estate (RE) Funds, and Hedge Funds (HF)- AVPThe industry leading Alternatives platform within the Citi Global Wealth business has over $20 billion of client commitments. The group identifies best in class underlying private equity and real estate investment management firms and opportunities. It then invests client capital directly into those funds or into those funds via feeder funds or co- investment vehicles. This position is new within the growing team and offers substantial growth potential to the right candidate.Responsibilities The role of the Assistant Vice President - Private Equity and Real Estate Tax Accountant is to oversee the financial and tax reporting of PE RE feeder funds in a timely, accurate and efficient manner. Responsibilities include but are not limited to:

  • Liaise and coordinate with Big 4 external tax preparers and fund administrators to complete and file federal, state, local and international tax returns
  • Participate in fund 's tax structuring and due diligence process with research analysts, external managers and consulting firms
  • Review private equity/real estate offering and closing documents as funds are launched; work with internal and external partners on setting up appropriate tax blockers
  • Review funds ' tax documents to ensure compliance with tax laws
  • Review capital calls / distributions and annual financial statements from a tax perspective
  • Communicate with external service providers, third party administrators, auditors, tax advisors, lawyers, investment
  • managers, product management and client service groups on tax matters
  • Manage fund tax information - organization documents, quarterly and annual reports, activity, and other items
  • Log activity by funds ensuring timely completion of all fund tax obligations
  • Oversee unique country specific tax reporting process with Big 4 accounting firm
  • Respond to tax technical investor relations/bankers inquiries
  • Assist various regional operation groups in US source withholding and reporting matters for Alternative Investment Funds
  • Assist in ad hoc tax related projectsRequirements
    • Undergraduate degree required in Accounting/Tax, Finance, Economics or Business
    • Big 4/tax administrator background preferred
    • 4+ years tax experience (public/private industry) with a focus on Alternative investments (Private Equity, Real Estate, Hedge Funds)
    • Strong quantitative and analytical skills
    • Ability to handle multiple tasks effectively and work within tight deadlines
    • Strong team player, detail-oriented
    • Strong interpersonal, communication (written and spoken), and organizational skills
    • Working knowledge of Excel (pivot tables and v-look ups required) and other Microsoft Office applicationsPersonal Traits
      • Confident with strong leadership skills
      • Creative thinker
      • Willingness to learn and grow-------------------------------------------------Job Family Group: Private Client Product Services-------------------------------------------------Job Family:Investment Fund Administration------------------------------------------------------Time Type:------------------------------------------------------Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi -) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review .View the "" poster. View the .View the .View the -----------------------------Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, Newark , Alternatives Tax Compliance Reporting & Fund Structuring Sr. Analyst, Advertising , Newark, New Jersey

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