Tax Compliance - Vice President - iCapital

iCapital is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $206 billion in global client assets invested in 1,679 funds, as of October 2024.

iCapital has been named to the Forbes Fintech 50 for seven consecutive years (2018-2024); a three-time selection by Forbes to its list of Best Startup Employers (2021-2023); and a four-time winner of MMI/Barron’s Solutions Provider award.

About the Role

iCapital is looking to hire a Tax Vice President to join the Fund Finance Central Services team. This position will service hedge and private equity fund of fund and access fund vehicles (the “funds”) in conjunction with third-party administrators and tax preparers to ensure timely tax reporting and communication, as well as drive continuous improvement throughout the processes.

Responsibilities

• Manage the U.S. tax compliance function for access funds including private equity, hedge funds, private credit, RICs and blocker entities.
• Coordinate multiple third-party tax preparers and administrators in the review of the fund investment tax returns and preparation of K-1s.
• Prepare supporting schedules to assist external accounting firms with the preparation of tax estimates, Schedule K-1s, investor state composite elections and tax returns.
• Work with accounting firms, law firms and senior tax leadership with resolving complex tax issues and operational challenges.
• Ensure effective communication and collaboration between different departments to meet deliverable deadlines. Facilitate the sharing of information and resources to optimize efficiency and productivity.
• Respond to requests from internal and external stakeholders, including Investor Relations, Operations, and Finance.
• Review tax provision calculations and relevant financial statement disclosures.
• Coordinate with taxing authorities to resolve federal, state, and local tax audits and notices.
• Stay up to date and present new tax regulations and participate in industry regulatory and tax forums. Contribute to the company's knowledge base and provide valuable insights on tax-related matters.
• Document and maintain procedures, tax positions, workflows, and metrics.
• Identify opportunities for process improvements and lead process improvement initiatives.

Qualifications

• Bachelor’s degree in accounting or finance
• 7+ years of relevant experience, preferably with an asset manager and/or Big 4 accounting firm
• CPA or master’s degree in taxation is a plus
• Comfortable learning new systems and technology
• Proven ability to multi-task and work both independently and as a team player in a fast-paced, demanding environment
• Strong verbal, written, and interpersonal communication skills
• Willing to learn new topics and work in an evolving business environment
• Organized, self-motivated, and detail-oriented with ability to see the big picture
• Passionate about being a part of our iCapital team and representing our company with integrity, dignity, and pride

Benefits

The base salary range for this role is $150,000 to $200,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.