US Tax Lawyer – Fund Transactions

Role Overview

• Ensure U.S. tax compliance for the management of private equity funds, taking into account risk, operational, and tax considerations
• Continuously analyze U.S. tax legislation and assess its impact on portfolio investments and investors
• Review distribution provisions in fund agreements and determine distribution allocations for investors
• Analyze international tax rules for PFICs and CFCs and oversee U.S. tax reporting obligations (Forms 926, 8865, 8621, 5471, etc.)
• Advise on characterization of debt and equity, unrelated business taxable income (UBTI) for tax-exempt clients, and other tax matters relevant to private equity funds
• Evaluate clients' investments for U.S. tax implications
• Provide investment-related advice on the selection of U.S. tax structures
• Act as a single point of contact for tax-related queries from internal and external stakeholders
• Monitor guidance and updates from U.S. tax authorities (including developments under the IRA)
• Work with IT to implement regulatory changes into tools, processes, and systems
• Develop and deliver training to explain U.S. tax concepts relevant to investment practice
• Participate in global tax projects.

Requirements

• Master's degree in Law, Accounting, or Tax
• Qualified tax professional, or on track to obtain qualification
• Professional experience in asset management with a focus on U.S. or international tax, ideally with private equity funds
• Knowledge of international tax filings and applicable U.S. tax laws
• Proven ability to manage multiple projects concurrently
• Extensive experience calculating taxable income and allocating tax items for private equity funds
• Experience coordinating tax-related projects
• Experience preparing and reviewing tax returns and Schedule K-1
• Strong time and project management skills
• Ability to work in a dynamic environment and transfer knowledge to the team
• Team player with a collaborative mindset
• Excellent verbal and written communication skills
• Strong IT affinity
• Proficient in MS Office, especially Excel
• Fluency in German and English

Benefits

• Excellent communication skills
• Strong IT affinity
• Proficient in MS Office, especially Excel