Analyst - US Tax

The D. E. Shaw group is a global investment and technology development firm with more than $60 billion in investment capital as of June 1, 2022, and offices in North America, Europe, and Asia. Since our founding in 1988, our firm has earned an international reputation for successful investing based on innovation, careful risk management, and the quality and depth of our staff. We have a significant presence in the world's capital markets, investing in a wide range of companies and financial instruments in both developed and developing economies.
The Tax team is responsible for timely and accurate filings of Federal and State Tax returns for U.S. entities and issuing of statements (Schedule K-1s) and projections to our investors. The team does extensive tax compliance work, for Partnership and Corporations, relating to U.S. Hedge Funds, U.S. Renewable Energy, U.S. Private Equity and Management Company entities. The team performs detailed review of tax workpapers and tax return, detailed analysis of financial products and its tax treatment, analyzes the book income, computes the taxable income, and its allocation to the investors using complex tax allocation methodologies. Team interacts with various internal and external stakeholders to understand the process workflows relating to trade and fund accounting, and industry wide tax practices and its reporting. Team plays pivotal role in various tax process automation initiatives and generates tax analytical and visualization dashboards, which aid in creating efficiencies and alpha generation. Additionally, the team works with the tax planning team on entity structuring consultation, analyzing tax implications on new financial products, comprehends new tax regulations and devises various strategies to optimize tax efficiency.
What You'll Do Day-to-day
In this role, you’ll be required to prepare, review, and file D. E. Shaw’s hedge Investment funds income tax returns and issue annual tax information (Sch. K-1s) to investors. You’ll need to review tax information to be included in various regulatory filings (tax audits, state tax returns, etc.) and interact with the D. E. Shaw’s various financial operations teams and the tax planning team. You’ll be required to prepare, review, and issue quarterly investor tax estimate statements. You’ll compute funds’ taxable income calculations/allocation for various D. E. Shaw’s hedge funds, as well as for investors, which includes analysing book to tax differences, tax depreciation analysis, and various taxable income allocation methodologies. You’ll be expected to periodically compute various state taxes; pay state tax authorities and address to tax notices. Additionally, you’ll also need to periodically present D. E. Shaw’s hedge funds taxable income analysis to senior management and address queries raised by investors on their taxable income calculations.
Who We’re Looking For

• The ideal candidate should have an MBA (Master of Business Administration), CA (Chartered Accountant) or US CPA having two to three years of working experience in U.S. Hedge Fund/US Private Equity taxation (which includes preparation of tax work papers, K-1s (Investor Tax Statements), preparation of U.S. Federal and State tax return for Partnership and Corporations)


• Candidate should self-motivated, have excellent accounting, analytical and problem-solving skills, quick learner, gives high attention to detail and is able to meet tight deadlines

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• The candidate should have exceptional communication skills and interpersonal skills which are essential, good understanding of financial instruments will be a plus
  

Interested candidates can apply through our website: https://www.deshawindia.com/recruit/jobs/Ads/LinkedIn/AnUSTaxSep2022
Members of the D. E. Shaw group do not discriminate in employment matters on the basis of sex, race, colour, caste, creed, religion, pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, or any other protected class.