Logo
GCM Grosvenor

Tax Principal

GCM Grosvenor, Chicago, Illinois, United States, 60290

Save Job

The Tax Principal role entails working closely with the Tax Executive and Managing Directors, other Tax team colleagues including other Tax Principals, and service providers to manage all tax aspects of the Fund tax business including private equity, co-investments, infrastructure, secondaries, private credit, hedge funds, and real estate. The Tax Principal may also have exposure to other areas, such as carried interest vehicles, registered funds, and structured products.

Scroll down to find an indepth overview of this job, and what is expected of candidates Make an application by clicking on the Apply button. As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays, and Thursdays. RESPONSIBILITIES

Coordinate with others to manage the Global tax compliance process for investment partnerships and accounts managed by the firm including Federal, State, and International tax reporting. Lead tax process improvement projects using different tax technology solutions while collaborating with various Departments with a high focus on increasing efficiency and risk management. Communicate regularly with Fund Finance and Treasury executives to implement strategies designed to improve the transfer of information between groups, including the tracking, booking, and processing of tax payments and refunds. Research tax technical issues and articulate findings in a manner suitable for the audience. Work with service providers to stay abreast of legislative and regulatory tax changes and communicate tax developments to management team. Review tax deliverables with a focus on accuracy and timeliness. Draft client correspondence and participate in communications with clients, as needed. Review fund structures of underlying fund investments for domestic and foreign entities and identify tax filing and income reporting requirements. Review partnership allocations of income for investment partnerships and issue K-1s to investors. Perform related duties as assigned including handling tax notices, updating tax forms, responding to investment tax questionnaires. Explore and implement AI-driven tools and automation to enhance tax workflows, improve data accuracy, and increase processing efficiency across tax compliance and reporting. EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS

Minimum of 8 years public and/or private tax experience required, preferably a public/private mix. Proficient user in Microsoft Excel with the ability to efficiently manage large datasets required. Expertise in federal and state returns for domestic and foreign partnerships and corporations. Expertise in international tax including experience with PFICs, CFCs, ECI/FDAP/FIRPTA withholding. Experience with FATCA/CRS reporting and RICs a plus. Experience with Alteryx, Power Automate, or Power BI a plus. Strong organizational/project management skills and detail-oriented mindset. Excellent communication skills - both written and oral. Demonstrated initiative and ability to work in a fast paced, changing environment. High degree of integrity. Positive attitude and strong work ethic. Ability to balance multiple concurrent projects. Demonstrated ability to work effectively as part of a team. Must be resourceful and capable of developing a network of effective relationships with a variety of service providers and internal professionals across departments. In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart, and successful colleagues. He or she will enjoy being part of an organization focused on excellence and will be a naturally collaborative person who enjoys interacting with individuals at all levels. Additionally, he or she will be a strong team player with a proactive approach and the ability to exercise discretion and judgment. Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package. CHICAGO ANNUAL PAY RANGE $150,000 - $185,000 USD ABOUT THE FIRM

GCM Grosvenor

(Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $86 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit:

gcmgrosvenor.com . EQUAL OPPORTUNITY EMPLOYER M/F/D/V CREATE A JOB ALERT Interested in building your career at GCM Grosvenor? Get future opportunities sent straight to your email. Accepted file types: pdf, doc, docx, txt, rtf Enter manually Accepted file types: pdf, doc, docx, txt, rtf Education School Select... Degree Select... Select... Select... Start date year End date month Select... End date year If Other for Education, please list the school name LinkedIn Profile Website Are you at least 18 years old? * Select... Are you legally authorized to work in the country or location to which you are applying on a full-time basis? * Select... Will you now or in the future require sponsorship in order to obtain or extend a visa authorizing you to work in the United States? * Select... Please provide detailed information concerning your compensation expectations, including base salary, bonus and other compensation components: Do you have any relatives that are currently employed by GCM Grosvenor? * Select... If you do have relatives employed by GCM Grosvenor, please list name(s) and relationship(s). Are you currently or do you expect to be engaged in any other outside business activities or employment once employed by GCM Grosvenor? * Select... If yes, please provide details: Are you involved in any active or potential relationships with Grosvenor? * Demographic Questions (US-based roles) Please answer the questions below based upon self-identification. This demographic information will be used by GCM Grosvenor to better understand the diversity of our employees and to assist in our inclusivity efforts. If you do not want to provide this information, please select the "I don’t wish to answer" option. Your responses to these questions will not affect your application for employment with GCM Grosvenor. Select... Are you of Hispanic, Latinx or Spanish origin? * Select...

#J-18808-Ljbffr