What are the responsibilities and job description for the Tax Manager, Credit Operations position at MPG Operations LLC?
Tax Manager, Credit Operations Job Function Summary The Tax Manager will join a dynamic US tax team to help lead tax compliance on cutting edge private credit fund structures and associated investments, as well as other potential entities and investments/strategies, with a particular emphasis on illiquids and alternatives. Principal Responsibilities Manage all relevant federal, state, and local partnership and corporate tax return filings, estimates, payments/accruals and tax audits, including reviewing and/or preparing complex tax allocations and securities adjustments, for private credit and other illiquid/alternative investment structures and products, as well as related carried interest/incentive plan partnership vehicles Manage engagements with external Big 4 accounting firms and other external service providers Help advise Portfolio Managers and other key stakeholders, alongside internal and external tax advisors, regarding US tax considerations associated with the relevant holding structure or investment portfolio Assist with formulating a transfer pricing and/or cost allocation framework for holding structures Collaborate with the US (and non-US, when relevant) tax team on broader hedge fund tax matters, including tax compliance and tax advisory support for the business Contribute to a high-performing and efficient tax team Work with cross-functional teams and related tax functions, including legal analysis, structuring, and tax technology to ensure comprehensive tax compliance and strategic alignment Drive continuous improvement initiatives to enhance tax compliance processes and implement best practices across the organization Qualifications/Skills Required A minimum of 7 years of progressive fund taxation experience, with experience in a Big 4 accounting firm and preferably a leading credit fund or other alternative asset manager Experience with typical holding structures for alternative/illiquid investments Experience with complicated US partnership tax considerations in connection with carried interest/incentive plans using profits interests Possess strong knowledge of US tax rules relevant to financial products and credit investments including but not limited to syndicated loans, high yield bonds, direct lending/origination, distressed debt, and collateralized loan obligations, significant modifications, OID and market discount, 163(j), 864(b) and effectively connected income Bachelor’s degree in Accounting or related field CPA license Advanced Microsoft Excel skills Strong oral and written communication skills Demonstrated ability to effectively collaborate both within a team and cross-functionally Compensation: The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium offers a competitive total compensation package that includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package. CLICK THIS LINK TO APPLY AT OUR NEW CAREER SITE Prior applicants - If you have previously applied, your application has been moved to our new career site. Follow the link above. Self-ID – if you are here to complete Self-ID, please login if needed then click ‘candidate home’ button on the top right of this page.
Salary : $160,000 - $250,000
