MIO is seeking a professional and motivated candidate to join the firm as a Senior Tax Associate. The position entails assisting in the management of MIO’s tax accounting and compliance functions across various fund investment structures. This is a full-time opportunity based in New York or Florida reporting to our Director of Tax. The new hire will be expected to report to our offices 2-3 days/week. COVID-19 vaccination is mandatory for this position (subject to accommodation for health and religious reasons)

• Assist in managing the review of partnership tax returns including associated K-1s for private equity and hedge funds
• Review tax estimates and final tax schedules for more than 20 entities, comprised of a diversified group of investors
• Coordinate and review tax allocations of partnership income, inclusive of special allocations and basis tracking
• Gather and analyze complex financial information related to tax reform, PFIC, CFCs, etc.
• Assist in gathering, assembling, and preparing supplemental foreign filing forms, including: Form 1042, 8865, 5471, 8621, and 926
• Manage the tax compliance process, research complex tax issues, and supervise service providers to deliver accurate tax reporting
• Assist Client Service, Legal, Compliance, Advisory, and Front Office teams in fulfilling tax-related requests
• Provide coaching and training to the Fund Accounting team regarding tax issues
• Participate in ad hoc special projects and help develop process improvements related to increasing efficiency of the group

• Undergraduate degree in accounting or taxation and an MS in taxation
• Licensed CPA a must
• 7-9 years of professional experience with a strong background in partnership taxation with an emphasis on private equity and hedge funds and the flow through treatment to investors
• Extensive knowledge of investment fund tax accounting concepts including partnership tax accounting, tax allocations, and management and incentive fees
• Strong administrative and organizational skills working with a tax calendar, tracking due dates, tracking new entities, adhering to internal deadlines; experience enhancing existing templates or developing new templates to improve processes
• Strong tax accounting skills including ability to reconcile book to taxable income, taxable income to tax basis, master fund to feeder funds and limited partnerships K-1s to funds
• Strong written communication skills
• Familiarity with tax research software and ability to research technical matters commensurate with level of experience
• Staying abreast of changes in tax law, regulations, and compliance matters
• Experience working with carried interest provisions and comfortable with the following concepts: distribution waterfalls, return of capital, preferred returns, catch-up tranche, hurdle rates, and “clawback” provisions
• Exposure across asset classes including equities, fixed income, repurchase agreements, futures, FX, and OTC products
• Exposure to various fund structures with domestic and foreign investors
• Strong Excel skills and knowledge of tax systems are required; exposure using accounting and general ledger systems a plus
• Strong interpersonal skills and an interest in engaging with investors, finance/tax colleagues, and senior management