US Tax Manager – Asset Management - Hong Kong

Here at I.T.S we have been assigned by a Big 4 firm provider to assist their Financial Services tax practice with the continued expansion of their Asset management tax team.

The team consists of circa 25 US tax professionals and currently seeks CPA or Enrolled Agent qualified US Tax managers who are highly dynamic, motivated, energetic and collaborative. You will need to specifically have exposure working with private equity and/or hedge fund clients as they seek to build out a sub service line focused on these specialist fund class.

The role will primarily involve overseeing alternative hedge fund and private equity US tax compliance and consulting engagements for clients with appropriate consideration of risk, operational, and tax technical issues. Researching US tax legislation and explaining the impact to clients will be required as part of contributing to tax advisory projects. You will be working in a dynamic environment, and you will be expected to coach junior staff members and share your knowledge and experience with the entire team. You will also be expected to coordinate multiple engagement teams’ schedules and deadlines.

• To qualify for the role, you must have a current CPA, EA or equivalent qualification or Degree / master’s degree in accounting or taxation (or equivalent).
• Experience advising clients on the US tax implications of various investment strategies, fund structures and relevant US tax elections (e.g., check-the-box, amortization of bond premium).
• Proficiency in quantitative and qualitative US tax analyses relevant to private equity and hedge funds.
• Practical understanding of partnership allocations, including both private equity and hedge fund type structures.
• Extensive experience in reviewing partnership tax returns (Form 1065) and Schedules K-1.
• Experience in reviewing PFIC reporting, including computation of ordinary earnings and net capital gain and shareholder income allocations.
• In-depth knowledge of Go Systems tax preparation software or similar system.

We are very much interested in hearing from highly motivated individuals who are open to expanding their network, US and international tax experience, and pursuing a medium to long-term career in Hong Kong.

Competitive salary + Benefits + relocation assistance + visa sponsorship for overseas nationals.