Assistant Vice President - Tax, Regulated Products (REITs and BDCs)

About the Role

This is a unique opportunity for an experienced and technically proficient tax professional to join a leading private credit firm. The ideal candidate will be a hands-on leader, responsible for tax matters with specific emphasis on REITs and BDCs while also contributing to the broader tax team. This role requires an ability to navigate the specific regulatory frameworks of these specialized investment vehicles, and an understanding of partnership tax issues.

Key Responsibilities

• Tax Compliance: Manage the entire tax compliance lifecycle, from planning and preparation to estimates and filing. This includes overseeing all federal and state tax returns for the funds and their underlying entities, including Forms 1120-RIC, Form 1120-REIT, Form 8613, Form 1120, Form 1065 and other related filings. You will be coordinating and managing our outside tax preparers.
• Internal Coordination. Work closely with the Accounting team to understand financial statement reporting, including regular review of accounting system and financial statement information to ensure the integrity of the reports for tax purposes.
• Specialized Expertise: Ensure strict adherence to the tax requirements for both REITs and BDCs. This means monitoring the various asset, income, and diversification tests to maintain their tax-advantaged status while navigating the complex regulatory landscape of the Investment Company Act of 1940. You must be able to make determination on when a Taxable REIT Subsidiary (TRS) or Tax Blocker should be used to hold investments and liaise with 1940 Act counsel to solve structuring issues.
• Investor Relations: Take charge of all tax-related investor reporting for these products, ensuring accurate and timely delivery of information. This includes managing the preparation and distribution of Schedules 1099, 1042-S, and other essential investor documents.
• Strategic Advisory: Act as the go-to tax expert for internal teams, providing clear, actionable advice on tax-efficient structuring for new deals, dispositions, and other transactions. You'll be a key part of the team, providing a crucial tax perspective on investment activities.
• Tax Planning: Proactively identify and implement tax-saving strategies to maximize returns for the fund and its investors. This involves staying ahead of changes in tax law and proposing forward-thinking solutions.
• Audit Management: Serve as the primary point of contact for external tax advisors and auditors. You will be responsible for managing all tax audits and inquiries, ensuring a smooth and efficient process.
• Team Leadership: Supervise and mentor junior staff, fostering their professional growth and ensuring the tax team operates at the highest level of efficiency.
• Collaboration: Work with broader Tax Team on other non-regulated products and initiatives