Manager, Tax
Apply NowCompany: Balyasny Asset Management L.P.
Location: Boston, MA 02115
Description:
Balyasny Asset Management (BAM) is a global, multi-strategy investment Firm with over $21 billion in assets under management. We are a diversified business, with global breadth and depth. Our Firm has a clear mission: To consistently deliver uncorrelated returns in all market environments. Today, BAM employs more than 160 portfolio managers and 1,200 investment professionals across 19 offices in the U.S., Europe, the Middle East, and Asia. We are active across six investing strategies: Equities Long/Short, Equities Arbitrage, Macro, Commodities, Systematic, and Growth Equity. We also have a dedicated private investment team, BAM Elevate, and a standalone equities unit, Corbets Capital.
With roughly 2,000 people in offices around the world, we embrace a culture that welcomes the free flow of ideas, promotes career development, and supports the health and wellbeing of our people through world-class benefits.
ROLE OVERVIEW
The Tax Manager will work directly with the tax team on a daily basis. The Tax Manager will also work with other internal departments and external service providers.
Tax Manager will be responsible for the following:
Work with Big4 Accounting firms to prepare & review partnership and corporate returns for 20+ funds & 10+ management company entities
Work with external accounting firms to oversee & prepare various state, local, and VAT filings
Effectively manage the tax information of BAM's growing investor base
Work with the broader tax team to review and interpret federal, state, and international tax laws and regulations
Proactively interact with key BAM employees and external service providers to gather information, resolve tax-related problems, and effectively manage the tax profiles of the funds and management companies
Design and document internal controls, policies, and procedures for ensuring compliance with tax laws & regulations as well as internal tax policies. This will require working closely with various BAM business units as well as gathering guidance from external sources
Assist with tax planning and compliance work for BAM's principal partners
Research tax issues related to the funds, management companies, and principal partners
Assist Portfolio Managers and Traders with real-time tax guidance on transactions and corporate actions
QUALIFICATIONS & REQUIREMENTS:
Our ideal candidate will be someone with experience in the financial services industry who is motivated and driven . The candidate must be someone who has:
Knowledge of tax issues associated with hedge funds, private equity, and venture capital
Strong desire to work collaboratively across departments
Maintains a high standard of professionalism in all dealings with internal staff and any external partners, clients and regulatory agencies
Problem solving skills and ability to identify and implement appropriate solutions
Ability to prioritize and manage multiple tasks and projects concurrently to meet/exceed deadline
Consistent work ethic through hard work, confidence, and effort
Strong written and verbal communication skills
Outstanding attention to detail and strong organizational skills
EDUCATION, TRAINING & EXPERIENCE:
Bachelor's degree (CPA or MS in Taxation preferred)
3-5 years of experience in a tax related role with large accounting firm servicing the financial services industry - hedge fund, private equity, proprietary trading, fund administration, etc
Hedge fund experience strongly preferred
Technology skills - Ability to work efficiently in Excel with a strong understanding of Pivot Tables, VLOOKUP, and SUMIF(s) functions. Experience with large data analysis in BI tools such as Tableau, Power BI, and Alteryx.
With roughly 2,000 people in offices around the world, we embrace a culture that welcomes the free flow of ideas, promotes career development, and supports the health and wellbeing of our people through world-class benefits.
ROLE OVERVIEW
The Tax Manager will work directly with the tax team on a daily basis. The Tax Manager will also work with other internal departments and external service providers.
Tax Manager will be responsible for the following:
Work with Big4 Accounting firms to prepare & review partnership and corporate returns for 20+ funds & 10+ management company entities
Work with external accounting firms to oversee & prepare various state, local, and VAT filings
Effectively manage the tax information of BAM's growing investor base
Work with the broader tax team to review and interpret federal, state, and international tax laws and regulations
Proactively interact with key BAM employees and external service providers to gather information, resolve tax-related problems, and effectively manage the tax profiles of the funds and management companies
Design and document internal controls, policies, and procedures for ensuring compliance with tax laws & regulations as well as internal tax policies. This will require working closely with various BAM business units as well as gathering guidance from external sources
Assist with tax planning and compliance work for BAM's principal partners
Research tax issues related to the funds, management companies, and principal partners
Assist Portfolio Managers and Traders with real-time tax guidance on transactions and corporate actions
QUALIFICATIONS & REQUIREMENTS:
Our ideal candidate will be someone with experience in the financial services industry who is motivated and driven . The candidate must be someone who has:
Knowledge of tax issues associated with hedge funds, private equity, and venture capital
Strong desire to work collaboratively across departments
Maintains a high standard of professionalism in all dealings with internal staff and any external partners, clients and regulatory agencies
Problem solving skills and ability to identify and implement appropriate solutions
Ability to prioritize and manage multiple tasks and projects concurrently to meet/exceed deadline
Consistent work ethic through hard work, confidence, and effort
Strong written and verbal communication skills
Outstanding attention to detail and strong organizational skills
EDUCATION, TRAINING & EXPERIENCE:
Bachelor's degree (CPA or MS in Taxation preferred)
3-5 years of experience in a tax related role with large accounting firm servicing the financial services industry - hedge fund, private equity, proprietary trading, fund administration, etc
Hedge fund experience strongly preferred
Technology skills - Ability to work efficiently in Excel with a strong understanding of Pivot Tables, VLOOKUP, and SUMIF(s) functions. Experience with large data analysis in BI tools such as Tableau, Power BI, and Alteryx.