Tax Services Manager

Job Title: Tax Services Manager

Company: GPFS is the fund administrator of choice for a wide range of clients in the US, UK, and EU. Every day, with every decision and every client interaction, our values serve as guideposts, to improve the quality of our work, and strengthen our employee and client relationships.

As a business that is all about people; culture isn't an initiative, it's an innate value that's critical to every decision we make. At GPFS, people come first.

At GPFS, diversity is a source of strength, both from our people and ideas. GPFS is a collaborative team-oriented organization where we support each other both personally and professionally. Our culture is defined by our behavior, our curiosity and our support of innovative ideas and perspectives.

Our inclusive culture supports and encourages our team members to try new things, share ideas openly and always ask the question why. It brings us together and makes the team stronger by inspiring all to connect, belong and thrive.

Location: Latham, NY

Job Type: Full-time
This highly dynamic role will be responsible for Managing the process of providing relevant data to client third party professional tax firms and review of the resulting tax returns. This role will also centralize other essential tax administration matters that private investment funds and their advisors are required to manage, including review of complex investment transactions, carried interest effect, and analysis of investor and GP tax implications. Additionally, the Manager will provide periodic client tax reporting, as well as ensure that GPFS professionals are kept abreast of relevant regulatory climate and changes.

Essential Duties:

• Review fund and related entity tax filings, including provision of selected tax related data to third party preparers (including tax impact of flow through investments)
• Provide an effective system of tracking all tax filings for preparation through completion
• Calculate capital gains and losses, including year to date carried interest analysis
• Review investor distributions to coordinate and remit tax withholding as applicable (federal and state)
• Assist in the coordination of quarterly tax payments
• Coordinate triannual W-8 renewal. Coordinate review of W-8s for accuracy and completeness
• Track investments to analyze their eligibility for Qualified Small Business Stock (QSBS)
• Prepare periodic GP tax estimates
• Onboard new clients tax data, ensuring accuracy and completeness
• Build and maintain relationships with clients, managing client expectations and meeting all client deliverables
• Provide training and mentoring to Tax Specialists (TS), supervise and review TS deliverables
• Keep GPFS staff updated as to relevant PE tax matters, via training sessions, newsletters and memos
• Participate in client planning meetings
• Coordinate client ad-hoc projects

Qualifications

• Bachelor's degree in Accounting, Finance, Economics, or related degree and/or an advanced degree in Accounting, Taxation, JD or L.L.M.
• 8 + years tax experience, private equity or real estate partnership taxation experience preferred
• CPA qualification desired
• Experience with tax research
• Strong knowledge of industry related topics such as carried interest, management fee waiver, QSBS, blocker entities
• Ability to lead a team of Tax Specialists

Additional Eligibility Qualifications

• Demonstrated attention to detail and accuracy
• Strong multi-tasking and organizational skills
• Ability to research and resolve issues with various degrees of complexity
• Strong written and verbal communication skills
• Ability to work as a strong team member as well as an independent contributor
• Flexibility to work hours needed to complete client deliverables

Competencies

1. Organized
2. Detailed Orientated
3. Highly flexible
4. Results Driven
5. Collaborative
6. Ethical

GPFS Vision

Our purpose is to create enduring relationships with our employees and clients by constantly delivering exceptional opportunities and service.

GPFS Value Statement

Investing in people and culture

Core Values

Camaraderie: Being supportive of one another and celebrating each other's successes.

Excellence: Consistently delivering exceptional work and going above and beyond

Empowerment: Fostering a deep sense of agency and ownership over one's choices and actions

Innovation: The drive to think differently and solve problems creatively

Inclusion: Recognizing individual's unique strengths and perspectives with mutual trust and respect

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