Manager, Solutions Tax Compliance at Carlyle Investment Management, LLC in New York, New York

Job Description:

Position Summary


AlpInvest Partners is one of the largest and well-established private equity investors globally, with nearly $100 billion committed to investments since inception. AlpInvest is wholly owned by The Carlyle Group and serves as the private equity multi-manager adviser within the Carlyle Investment Solutions business segment. AlpInvest is a leading global private equity investor with approximately $ 85 billion of assets under management as of December 2024. AlpInvest Funds invest directly in other private equity funds, participate in secondary transactions, and also co-invest (equity and mezzanine) in Europe, North America and emerging markets. The company has approximately 229 employees based in Amsterdam, New York, Hong Kong, London, and Singapore.



Position Summary



The Tax Manager will be embedded within AlpInvest Partners and will be principally focused on US tax compliance of various AlpInvest Partners fund and transaction structures. The Tax Manager will also work closely with the broader Carlyle firm tax team to enable them to manage the firm's quarterly and annual corporate tax filings that relates to positions in, and income derived from AlpInvest related structures. The Tax Manager will also support transaction structuring and execution.


The Tax Manager will be based in our New York office and report to the Vice President of Tax. The position will work closely with fund accounting, corporate accounting, broader Carlyle tax team, portfolio and risk analysis, legal and compliance, investor relations, and external service providers.



Responsibilities



Compliance (50-60% of time)



Amongst others the US tax compliance associated with Alpinvest' fund structures (including Blocker vehicles), including:

• Control and manage the incoming K-1 information related to our investments.


• K-1 and associated reporting such as 1042-S, 8804 / 8805, 1099s to our investors, FATCA and CRS reporting. FBAR fillings. This all in close cooperation with our service providers.


• Entity Lifecycle Management (ELM) maintenance.


• Management of federal and state tax notices.


• Oversee and coordinate SS4 / 8832 filings.


• Obtain GIINs.


• Oversee and coordinate preparation of W8/W9 tax forms and associated withholding statements.


• Manage and/or provide the data needed for the Carlyle tax reporting and compliance.


• Support tax compliance needs of our Regulated Investment products.

Tax Structuring, Transaction and Investment Execution Matters: Structuring (10-20% of time)

• For Funds/Mandates: The AlpInvest client base is continuously growing, and AlpInvest strives to accommodate its clients in structuring Funds/Mandates to meet the clients' needs. We manage an increasingly growing number of entities all for longer periods of time. The Tax Manager will assist in ensuring ELM is updated for all new fund structures and. and the Tax Manager will also help providing necessary information (e.g., tax forms, CRS self-certs, structure charts etc.) to internal constituents (for opening bank accounts, for example).


• For Transactions: The AlpInvest Investment teams operate separately and independently within their business lines. Support on the tax side is part of the investment process and is often provided in close cooperation with external service providers. Tax Manager will assist in providing proper tax documentation such as W-forms with withholding statements and/or other forms that support KYC confirmation and/or treaty claims to counterparties involved in a transaction.


• Assist in documenting investment/fund/mandate specific tax technical and tax compliance issues and tax reporting positions

Tax Risk and Other (5-10% of time)

• Assist and coordinate with internal tax team and advisors on various matters to manage tax risks, including DAC 6 analysis, ATAD II, transfer pricing and tax audits/inquiries as well as general documentation for policies and critical matters.

Firm (20-30% of time)

• The Corporate Compliance Tax Team within the Carlyle Firm Tax Department is responsible for global tax matters related to Carlyle firm entities, the quarterly estimate and annual tax compliance process as well as planning for and documenting the tax considerations of various Carlyle firm transactions. The AlpInvest Tax Manager will work closely with the TCG Inc.'s tax team to enable them to manage the firm's quarterly and annual corporate tax filings that relates to positions in, and income derived from AlpInvest related structures.

Qualifications



Education & Certificates

• Accounting or tax degree required.

Professional Experience

• This position requires 5-7 years of tax experience. Specific experience providing tax compliance and tax reporting functions for or advising a private equity Fund of Funds is preferred

Position-specific Technical Requirements

• Self-starter - must be able to ask questions and gather data from a variety of resources within the firm and outside.


• Organized and efficient approach to record keeping.


• Strong interpersonal skills.


• Strong organisational skills.


• Detail -oriented.


• Excellent communication skills, written and oral.


• Demonstrated ability to work efficiently as part of a team and stand alone.


• Ability to multi-task in a fast-paced environment.


• Strong computer and financial systems skills.

Benefits/Compensation



The compensation range for this role is specific to New York and takes into account a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications.


The anticipated base salary range for this role is $125,000 to $155,000.


In addition to the base salary, the hired professional will enjoy a comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance.


Due to the high volume of candidates, please be advised that only candidates selected to interview will be contacted by Carlyle.



Company Information


The Carlyle Group (NASDAQ: CG) is a global investment firm with $441 billion of assets under management and more than half of the AUM managed by women, across 636 investment vehicles as of December 31, 2024. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,300 professionals operating in 29 offices in North America, Europe, the Middle East, Asia and Australia. Carlyle places an emphasis on development, retention and inclusion as supported by our internal processes and seven Employee Resource Groups (ERGs). Carlyle's purpose is to invest wisely and create value on behalf of its investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments - Global Private Equity, Global Credit and Investment Solutions - and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.


At Carlyle, we believe that a wide spectrum of experiences and viewpoints drives performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." We strive to foster an environment where ideas are openly shared and valued. By bringing together teams with varied expertise and approaches, we enjoy a competitive advantage and create a stronger foundation for long-term success. Apply Now