Tax & Operations Associate

Daley And Associates, LLC; Boston (MA); On-site; USD 115,000 - 135,000; Full time

Benefits offered by this job

Bonus

Profit sharing

Job summary

Daley And Associates, LLC in Boston, MA is seeking a Tax & Operations Associate to join our growing team. You will support partnership and corporate tax work across hedge funds and asset management entities.

Responsibilities include tax return prep/reviews, K-1s, and working with external tax advisors and fund administrators to streamline operations and reporting. CPA progression and AI/SQL skills are a plus.

Qualifications

• Bachelor's degree in Accounting, Finance, or Economics required; CPA or progress toward a CPA is a plus.
• 3–4 years of partnership tax experience within a public accounting firm's asset management tax practice or at an asset manager.
• Working knowledge of partnership tax, including K-1s, allocations, tax adjustments such as wash sales, straddles, and constructive sales, PFIC reporting, and foreign withholding.
• Familiarity with fund administrators and fund operations preferred.
• Ability to leverage AI tools to improve workflows; Python or SQL experience is a plus.
• Strong technical, analytical, and communication skills with exceptional attention to detail.

Responsibilities

• Coordinate the preparation and review of partnership and corporate tax returns, extensions, and Schedules K-1 across fund and management company entities.
• Review tax workpapers, including book-to-tax reconciliations, taxable income adjustments, partnership allocations, realized gain/loss support, and year-end tax packages.
• Manage information reporting and withholding requirements, including Forms 1099, 1042/1042-S, PFIC statements, and W-8/W-9 documentation.
• Maintain daily tax lot and realized gain/loss reporting, reconcile internal tax data with fund administrators and prime brokers, and assist with tax projections.
• Respond to investor and CPA requests for K-1s, tax documents, and estimates while coordinating tax document delivery and investor questionnaires.
• Support tax research, process automation, and ad hoc tax and operational projects.

Skills

Partnership tax

Tax compliance

Asset management

Python

SQL

Communication

Education

Bachelor's degree in Accounting/Finance/Economics

CPA (preferred)

Job description

Tax & Operations Associate | Boston, MA | Full-Time

We are partnering with a growing investment firm to identify a Tax & Operations Associate to join its Boston team. This is an opportunity to support tax compliance, internal tax reporting, and investor tax matters across a platform of hedge funds, venture funds, general partnerships, and management company entities. The role offers direct exposure to external tax advisors, fund administrators, and senior leadership, with opportunities to gain broader experience in fund operations and management company accounting.

Compensation:

$115,000-$135,000 base + bonus + profit sharing

Key Responsibilities

• Coordinate the preparation and review of partnership and corporate tax returns, extensions, and Schedules K-1 across fund and management company entities.
• Review tax workpapers, including book-to-tax reconciliations, taxable income adjustments, partnership allocations, realized gain/loss support, and year-end tax packages.
• Manage information reporting and withholding requirements, including Forms 1099, 1042/1042-S, PFIC statements, and W-8/W-9 documentation.
• Maintain daily tax lot and realized gain/loss reporting, reconcile internal tax data with fund administrators and prime brokers, and assist with tax projections.
• Respond to investor and CPA requests for K-1s, tax documents, and estimates while coordinating tax document delivery and investor questionnaires.
• Support tax research, process automation, and ad hoc tax and operational projects.

Qualifications

• Bachelor's degree in Accounting, Finance, or Economics required; CPA or progress toward a CPA is a plus.
• 3–4 years of partnership tax experience within a public accounting firm's asset management tax practice or at an asset manager.
• Working knowledge of partnership tax, including K-1s, allocations, tax adjustments such as wash sales, straddles, and constructive sales, PFIC reporting, and foreign withholding.
• Familiarity with fund administrators and fund operations preferred.
• Ability to leverage AI tools to improve workflows; Python or SQL experience is a plus.
• Strong technical, analytical, and communication skills with exceptional attention to detail.