Tax Manager

lumesp; New York (NY); On-site; USD 140,000 - 190,000; Full time

Job summary

lumesp, based in New York, seeks an experienced Tax Manager with deep expertise in high-net-worth individual taxation, partnership taxation, and investment entities to lead complex compliance engagements and provide strategic tax analysis.

You will review tax returns, analyze K-1s, and assess partnership allocations while coordinating with investment professionals and attorneys. The role emphasizes leadership, accuracy, and proactive planning.

Qualifications

• Significant experience managing complex federal and state tax engagements.
• Strong ability to analyze financial statements, partnerships, and investment structures for tax implications.
• Ability to mentor staff and review work for technical accuracy.

Responsibilities

• Review tax returns prepared by staff for technical accuracy and compliance.
• Analyze Schedule K-1s from partnerships and investment entities.
• Review complex partnership allocations, capital accounts, outside basis, distributions, debt allocations, and other partnership tax matters.
• Analyze investment activity and its tax consequences, including gains and losses, carried interests, interest-tracing, partnership investments, passive activities, and other investment-related transactions.
• Review GAAP financial statements, trial balances, general ledgers, and supporting schedules to identify tax adjustments and ensure accurate tax reporting.
• Perform detailed financial statement analysis and reconcile book income to taxable income.
• Analyze balance sheets, income statements, cash flow information, and other financial data in connection with tax return preparation and planning.
• Review and analyze contracts, operating agreements, partnership agreements, purchase agreements, and other legal documents to identify tax consequences and reporting requirements.
• Manage multiple engagements and deadlines while maintaining a high level of quality and attention to detail.
• Communicate directly with clients, investment advisors, attorneys, financial professionals, and other advisors, as necessary.
• Special Projects as assigned.
• Assist with tax notices, audits, examinations, and other federal and state tax matters.
• Mentor and provide technical guidance to less experienced tax professionals.

Job description

We are seeking an experienced Tax Manager with strong technical expertise in high-net-worth individual taxation, partnership taxation, investment entities, and financial statement analysis. The ideal candidate will have significant experience managing complex tax compliance engagements and the ability to analyze financial information, investment structures, partnership agreements, and contractual arrangements to identify tax implications and opportunities.

This position requires a highly analytical tax professional who can work independently, manage complex engagements, and review work performed by others.

Key Responsibilities

• Review tax returns prepared by staff for technical accuracy, completeness, and compliance with applicable tax laws.
• Analyze and interpret Schedule K-1s from investment partnerships, private equity funds, hedge funds, real estate partnerships, and other investment entities.
• Review complex partnership allocations, capital accounts, outside basis, distributions, debt allocations, and other partnership tax matters.
• Analyze investment activity and its tax consequences, including gains and losses, carried interests, interest-tracing, partnership investments, passive activities, and other investment-related transactions.
• Review GAAP financial statements, trial balances, general ledgers, and supporting schedules to identify tax adjustments and ensure accurate tax reporting.
• Perform detailed financial statement analysis and reconcile book income to taxable income.
• Analyze balance sheets, income statements, cash flow information, and other financial data in connection with tax return preparation and planning.
• Review and analyze contracts, operating agreements, partnership agreements, purchase agreements, and other legal documents to identify tax consequences and reporting requirements.
• Manage multiple engagements and deadlines while maintaining a high level of quality and attention to detail.
• Communicate directly with clients, investment advisors, attorneys, financial professionals, and other advisors, as necessary.
• Special Projects as assigned.
• Assist with tax notices, audits, examinations, and other federal and state tax matters.
• Mentor and provide technical guidance to less experienced tax professionals.