Tax Manager - Private Equity Firm

We are seeking a Tax Manager to join the Finance team in the Menlo Park office. Reporting to the firm’s Tax Director, this position will have the following responsibilities:

Partnership Taxation:

•Oversee preparation and review of federal and state partnership tax returns (Form 1065) and related schedules, including Schedule K-1s.

•Manage capital account maintenance, partner allocations, and tax basis tracking.

•Coordinate with external tax advisors on compliance and tax planning matters.

•Calculate and manage quarterly estimated payments, state PTE taxes, composite returns, and withholding obligations.

•Monitor and interpret changes in partnership tax law and assess impact on compliance.

•Address investor and partner tax-related inquiries in a timely and professional manner.

•Maintain detailed tracking of domestic and foreign investors. Verify carried interest waterfalls(American and European), ensure correct preferred return, catch‑up, claw back provisions, and carry split allocations across partnership interests.

General Accounting:

•Lead general ledger functions, including journal entries, reconciliations, accruals, and month-end/quarter-end close for tax/holdco entities.

•Maintain internal controls and ensure accounting processes comply with US GAAP or tax-basis standards.

•Prepare and analyze financial statements and reports.

•Collaborate with the finance team on budgets, forecasts, and capital account reporting.

•Support annual financial audits and tax return preparation with external service providers.

Process Improvement & Reporting:

•Continuously assess current accounting and tax workflows for efficiency and automation opportunities.

•Implement process improvements to streamline operations, enhance accuracy, and reduce risk.

•Deliver an annual presentation to leadership on implemented process improvements, with supporting metrics and outcomes.

Leadership & Collaboration:

•Work alongside finance team and fund administrators. Manage relationship with external tax accountants.

•Coordinate cross-functionally with legal, investor relations, and investment teams.

•Assist with structuring, entity formations, and special projects as needed.

Qualifications:

•Bachelor’s degree in Accounting, Finance, or related field.

•5 years of progressive accounting and tax experience, with emphasis on partnership taxation.

•Advanced understanding of Subchapter K, capital accounts, and tax basis accounting.

•Experience with tax and accounting systems

•Strong analytical and excellent written and oral communication skills, highly collaborative.

•Advanced proficiency in Excel and comfort with financial and tax reporting tools.

•Excellent attention to detail, time management, and communication skills.

•Ability to multi-task and balance priorities while also focusing on bringing projects to completion.

•Demonstrate the highest standards of ethics and integrity.

Preferred Qualifications:

•CPA designation or actively pursuing certification.

•Experience in private equity, real estate, investment funds, or other partnership-intensive environments.

•Knowledge of fund structures, investor reporting, and tax waterfall allocations.

•Exposure to automation tools and continuous improvement frameworks

Compensation & benefits:

Competitive, based on experience and qualifications. Outstanding benefit package includes top tier medical, dental and vision insurance offerings for employees and their families, life and disability insurance, 401(k) matching, and other discretionary fringe benefits such as in-office catered lunches and cellphone/home internet reimbursement.