$125,000 - $185,000
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Global Tax Planning, Assistant Vice President
Job Title
Description
We are currently seeking an Assistant Vice President of Tax who will report directly to the Vice President responsible for Blackstone's Regulated Investment Companies and to the Managing Director of Credit Tax. This position assumes ownership of a wide range of functions including tax research, planning, diligence, and compliance primarily related to credit focused Regulated Investment Companies. Specific emphasis on the following
- Deal-by-Deal Analysis
U.S. vs. non-U.S. QII application and income sourcing, adherence to investment guidelines, Subchapter M considerations, portfolio company tax diligence, state and local income sourcing, and material debt modifications
- Active Involvement with Non-Tax Teams
Investor Relations, Private Wealth Services, Accounting, Business Development, New Product Creation, Legal, Deals/Investment Teams, Treasury, and Valuations
- Preparation of and/or initial review
Quarterly and annual RIC qualification tests, tax characterization forecasting of BDC monthly and quarterly distribution payments, offshore investor tax distribution estimates and communications, year-end shareholder reporting (E&P, Interest-Related Dividends, ICI Spreadsheets, Forms 1099, and Forms 1042-S), BDC tax workpapers and disclosures supporting various required SEC (10-K, 10-Q, Annual, and Semi-Annual) and tax filings (Federal, Excise, State, and Local)
- Valued Tax Advisor
Engage in open dialogue with tax VP in order to collaborate, diligence, and problem solve various tax related hurdles, issues, or concepts as a team. Owning new opportunities and special projects. Educating non-tax, tax, and other non-BX third-parties on RIC/BDC and RIC/BDC related tax concepts.
Qualifications
We are looking for a motivated, diligent, and hard-working team player to work with existing Vice President of tax. Candidate should be organized, eager to learn, exhibit strong interpersonal skills, and ideally
- Must have 4+ years tax experience from Big4 or relevant industry
- Must have Regulated Investment Company experience
- Must be proficient with asset diversification test, gross income test, fiscal and excise distribution requirements, 10-K/Annual filing tax footnote disclosures, and the 1120-RIC and 8613 returns
- Understands the implications of investing in a RIC for taxable, tax-exempt, and non-U.S. investors
- BDC experience is a benefit, but is not required
- Should be familiar with tax concepts associated with investing in debt instruments
- Must be motivated, well organized, and have a high attention to detail
- Displays strong communication and interpersonal skills
- Possesses strong Excel skills
- Alteryx or other software proficiency is a plus, but not required
The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.
Expected annual base salary range
Additional compensation Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.
Actual base salary within that range will be determined by several components including but not limited to the individuals experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.
If you need a reasonable accommodation to complete your application, please email Human Resources at
HR-Recruiting-Americas@Blackstone.com
Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following
- Attending client meetings where you are discussing Blackstone products and/or and client questions
- Marketing Blackstone funds to new or existing clients
- Supervising or training securities licensed employees
- Structuring or creating Blackstone funds/products and
- Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.
Note The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered prefer not to say). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.