Manager/VP, Tax - Private Wealth

StepStone Group; Charlotte (NC); On-site; USD 162,000 - 180,000; Full time

Job summary

StepStone Group seeks a VP or Tax Manager to lead RIC tax reporting and compliance for a growing private markets fund structure. This hands-on role partners with Big 4 advisors and internal teams to manage Subchapter M tests, ASC 740 provisions, and international filings while shaping tax processes as the business expands.

Reporting to the Managing Director, you will coordinate with fund accounting, review K-1s, and oversee IRS/state notices.

Qualifications

• Bachelor’s degree in Accounting, Finance, or Taxation; CPA or MST highly desirable.
• 8 to 12 years of progressive tax experience in asset management, mutual funds, or alternative investments.
• Solid expertise in RIC taxation and Subchapter M compliance.
• Experience with international tax filings (Form 8865, 5471, 926, 8621, FBAR).
• Working knowledge of partnership taxation and Schedule K-1 within a fund context.
• Big 4 public accounting background preferred.

Responsibilities

• Support end-to-end RIC tax reporting and compliance for funds investing in private markets and alternative asset strategies, including monitoring income tests, asset tests, and distribution requirements under Subchapter M.
• Coordinate with Big 4 advisors across tax engagements, reviewing work product, tracking deliverables, and ensuring deadlines are met under senior leadership.
• Assist in year-end tax provisions under ASC 740, including deferred tax calculations and FIN 48 documentation.
• Coordinate the preparation and filing of federal, state, and excise tax returns with fund accounting teams and third-party vendors.
• Manage international tax filing obligations, including Forms 8865, 5471, 926, 8621, and FBAR filings.
• Receive and analyze Schedule K-1s from fund investments; apply tax information to fund-level tax basis tracking and compliance reporting.
• Assist outside providers with K-1 collection, data reconciliation, and tracking of new entities as the fund structure expands.
• Track and maintain partnership tax basis across fund investments, including basis adjustments and distributions.
• Perform and review GAAP-to-tax reconciliations; maintain records of book/tax differences.
• Research RIC rules and tax law changes; summarize findings and help develop internal procedures.
• Help identify opportunities to streamline tax workflows and scalable processes.
• Assist in managing IRS/state tax notices and inquiries with external advisors.
• Collaborate with Accounting, Operations, Legal, and leadership on tax reporting and compliance.
• Respond to ad hoc tax inquiries from investors.
• Maintain records of W-8-BEN and W-9 forms; ensure valid EINs and required tax documentation.
• Assist with additional tax projects as directed by management.

Skills

Exceptional organizational skills

Strong written and verbalcommunication

Forward-thinking with AI/tech

Education

Bachelor’s degree in Accounting/Finance/Taxation

CPA or MST desirable

Job description

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

Position Overview

We are seeking a VP or Tax Manager to join our Tax team with a primary focus on Alternative RIC (Regulated Investment Company) reporting and compliance. This is a hands‑on role within a new and growing fund structure, offering an exceptional opportunity for someone who wants broad exposure to alternative fund taxation and the chance to help build something from the ground up. Reporting directly to the Managing Director, this person will work alongside our Big 4 advisors and internal teams to execute across RIC compliance, international filings, partnership tax basis tracking, and tax provisions. The right candidate is organized, detail-oriented, and motivated to help drive processes forward, contributing meaningfully to how the tax function takes shape as the business grows.

Essential Job Functions

• Support end-to-end RIC tax reporting and compliance for funds investing in private markets and alternative asset strategies, including monitoring of income tests, asset tests, and distribution requirements under Subchapter M.
• Coordinate with our Big 4 advisors across all tax engagements, reviewing work product, tracking deliverables, and ensuring deadlines are met under the direction of senior leadership.
• Assist in the preparation and review of year-end tax provisions under ASC 740, including deferred tax calculations and FIN 48 documentation, working alongside external advisors.
• Coordinate the preparation and filing of federal, state, and excise tax returns with fund accounting teams and third-party vendors, ensuring accuracy and timeliness.
• Manage international tax filing obligations, including Forms 8865 (foreign partnerships), 5471 (foreign corporations), 926 (transfers to foreign corporations), 8621 (PFICs), and FBAR filings, coordinating with advisors and tracking submissions.
• Receive and analyze Schedule K-1s from fund investments; understand and apply the underlying tax information to fund‑level tax basis tracking and compliance reporting.
• Assist outside providers with K-1 collection, data reconciliation, and tracking of new entities as the fund structure expands.
• Track and maintain partnership tax basis across fund investments, including basis adjustments, distributions, and related documentation.
• Perform and review GAAP-to-tax reconciliations; maintain accurate records of book/tax differences and supporting workpapers.
• Research RIC rules, tax law changes, and emerging guidance affecting alternative fund structures; summarize findings and help develop internal procedures and policy documentation.
• Help identify opportunities to streamline and formalize tax workflows, contributing to the development of scalable processes as the fund structure grows.
• Assist in managing IRS and state tax notices and inquiries, coordinating responses with external advisors.
• Collaborate cross-functionally with Accounting, Operations, Legal, and senior leadership on tax reporting and compliance matters.
• Respond to ad hoc tax-related inquiries from investors in a timely and professional manner.
• Maintain records of W-8-BEN and W-9 forms across fund investors and entities; ensure all entities have valid EINs and required tax documentation on file.
• Assist with additional tax projects and ad hoc requests as directed by management.

Education And/or Work Experience Requirements

• Bachelor’s degree in Accounting, Finance, or Taxation; CPA or MST highly desirable.
• 8 to 12 years of progressive tax experience in asset management, mutual funds, or alternative investments.
• Solid expertise in RIC taxation and Subchapter M compliance.
• Experience with international tax filings, including Forms 8865, 5471, 926, 8621, and FBAR.
• Working knowledge of partnership taxation, including the ability to receive, interpret, and apply Schedule K-1 information within a fund tax context.
• Exposure to tax provisions under ASC 740, GAAP-to-tax reconciliations, and financial statement disclosures preferred.
• Experience working with Big 4 firms in a review or coordination capacity, including managing deliverables and deadlines.
• Big 4 public accounting background strongly preferred.

Required Knowledge, Skills, And Abilities

• Exceptional organizational skills with the ability to manage multiple workstreams and deadlines simultaneously.
• Strong written and verbal communication skills, including the ability to clearly explain complex tax issues to non-tax stakeholders.
• Forward-thinking approach to AI and emerging technology as tools to enhance research, streamline workflows, and improve efficiency within the tax function.

Other Attributes

• Process-oriented mindset with a desire to build and improve workflows in a growing environment.
• Hands‑on, detail-oriented, and self‑motivated, with a strong sense of ownership and accountability.
• Ability to proactively drive projects and initiatives forward.

Salary Range - $162,000 - 180,000

The salary range is an estimate of pay for this position. Actual pay may vary depending on job‑related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Candidates must be at least 18 years old to apply.

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