Fund Tax Specialist - Alternatives

ABOUT INNOCAP
Innocap is the world’s leading firm of managed account platform services. With over US$83 billion in assets under management, over 425 employees and offices in five countries, we are shaping the future of alternative investments for institutional owners and allocators. Our mission is to revolutionize the asset management industry and to provide customized expert services and an exceptional client experience.
We are seeking forward-thinking individuals to join us on our exciting journey. Innocap’ s success is built on the diversity of our people and the strength of their ambitions. We empower our teams and foster a culture of inclusivity, collaboration, innovation, and growth. At Innocap, you will have the opportunity to enhance your career, work on exciting projects, and make a real impact.

ABOUT THE ROLE
The Innocap Platform Accounting team is searching for an individual with a broad range of experience in the field of fund taxation of structures domiciled or conducting business in multiple geographical locations. The Fund Tax Specialist will work closely with Innocap’s Global Head of Platform Accounting, the legal team and external taxation experts and counsels on various tax matters throughout the course of the year.
The Fund Tax Specialist is responsible for the following functions:

• Reviewing or drafting tax disclosures and provisions in various legal documents such as Offering Memorandums, Partnership Agreements, Investment Manager Agreements and Sub Advisory Agreement.

• Assessing and providing advice on tax forms, tax elections and other relevant tax considerations for fund structures, and ensuring relevant documentation is in place before fund launch.

• Applying the relevant tax rules that apply to various instrument or securities types traded in various fund structures.

• Interfacing with external tax accountants on tax reclaims and analyzing the impact of potential tax liabilities (ASC 740) to Innocap’s client’s funds and review tax disclosures to fund financial statements.

• Managing filings for Canadian funds at the federal and provincial levels (including but not limited to T5013, T2, T5, T1135 and their provincial equivalents.)

• Project managing year-end tax engagements with external administrator, auditors, external tax accountants and client. Engagements include filing tax extensions for US partnerships, preparation of Form 1065 and investor K1s and FinCen 114/FBAR filings.

• Performing taxation project work to support internal and external needs.

QUALIFICATIONS

• Bachelor’s degree in accounting or the equivalent combination of education and experience.
• Work experience with fund taxation is required; experience with filings for Canadian funds at the federal and provincial levels is preferred.
• Experience with hedge funds with different investment structures and instrument types.
• Strong verbal and written communication skills with the ability to articulate information to internal and external stakeholders.
• Excellent research, analytical, and organizational skills to effectively manage projects and make sound and workable recommendations on important issues.
• Proven ability to work independently and in a team environment.