Vice President, Product Tax
BlackRock
**About this role**
**Team Overview**
The U.S. Product Tax team is responsible for the oversight of tax-related services, issues and compliance for products offered by BlackRock including: mutual funds, exchange-traded funds, business development companies (BDCs), institutional collective trust funds, and private wealth separately managed accounts offered in the U.S. by BlackRock. The U.S. Product tax team also provides U.S. income tax related support to non-U.S. BlackRock registered funds.
We are seeking an experienced tax professional with a background in the taxation of Regulated Investment Companies (RICs). The position has responsibility for all tax matters for assigned funds and related financial products, including; a) oversight of RIC tax qualification considerations, including distribution, asset diversification and gross income requirements, b) coordination and review of applicable tax returns and extensions, c) coordination and review of tax provisions and tax-related disclosure in financial statements, advise on the tax treatment of complex investments and restructurings, and e) supervision and management of outsourcing relationships with US and non-US service providers.
This role is open to hiring at the Associate or Vice President level.
**Primary Responsibilities** :
+ Manage financial statement audit process as it relates to preparation of annual report tax disclosure and review of investment company taxable income and net capital gain calculations
+ Advise on complex investments and investment restructurings, including suitability, due diligence, and documentation
+ Manage year-end distribution and shareholder tax reporting processes
+ Review asset diversification and gross income qualification tests
+ Review and assure timely filing of tax returns and extensions
+ Oversee tax services of external tax service providers. Regularly evaluate performance and recommend changes where necessary
+ Assist in designing, implementing, and continually improving procedures to facilitate pro-active identification and resolution of tax issues
+ Analyze and respond to tax notices
**Qualifications** :
+ 4-8 years relevant tax experience working with RICs in a public accounting firm, law firm and/or industry
+ Master’s Degree in Taxation and/or CPA
+ Proficient in the taxation of RICs, financial instruments and investment strategies
+ Strong analytical and problem-solving skills, including ability to identify and resolve tax issues
+ Excellent communication, teamwork and relationship-building skills
+ Working knowledge of Alteryx, Power BI and Excel Macros a plus
+ Must be able to work effectively in a demanding, fast-paced and complex environment, handling multiple tasks and projects concurrently and resolving issues that cut across the organization, while maintaining highest standards and attention to detail
+ Experience with BDCs and private market assets, including private credit and private equity, a plus
For New York, NY Only the salary range for this position is USD$135,000.00 - USD$235,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
**Our benefits**
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
**Our hybrid work model**
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
**About BlackRock**
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
Confirm your E-mail: Send Email
All Jobs from BlackRock