- Location
- Bangalore, India
- Type
- Full-time
- Department
- Finance
- Seniority
- Lead
- Experience
- 10+ years
- Source
- Workday
Description
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
Job Description:
Blackstone is seeking a Vice President of Global Strategic Partners Tax Compliance to join its BX India team. Reporting to the SVP – Strategic Partners Tax Lead, this position will oversee tax reporting and compliance for one of the largest secondary private equity and fund-of-funds platforms globally.
The role offers broad exposure to diverse secondary private equity structures across primary, secondary, and co-investment funds. This position will manage domestic and international tax compliance and reporting requirements, collaborate across functions and geographic lines, and implement best practices for compliance and reporting.
Key Responsibilities:
- Tax Compliance & Filings:
- Oversee U.S. federal, state, and local tax compliance for Strategic Partners funds (private equity and real estate), including the review of partnership and corporate tax returns, Schedule K-1s, and supporting international forms (e.g., Forms 8886, 8865, 8621, 8986, 5471).
- Collaborate with fund accounting teams and external tax advisors to ensure accurate reporting of income tax provisions on audited financial statements.
- Gather and analyze financial data for FATCA and CRS compliance.
- Respond to tax authority inquiries, notices, and audits, and oversee audit proceedings.
- Collect tax information from over 10,000 underlying investments, coordinate with fund accounting teams, and manage the distribution of relevant data to external tax advisors and other stakeholders.
- Maintain detailed trackers for tax compliance, investments, payments, and refunds to ensure organized and accurate records.
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- Cross-Functional Collaboration:
- Partner with deal and fund accounting teams to evaluate tax implications of transactions.
- Liaise with external tax advisors, third party consultants, and internal legal and finance teams to support ongoing compliance.
- Team Development & Knowledge Sharing:
- Review and monitor the work prepared by Blackstone’s ‘COE’ third-party consultant group based in Gurgaon, India and Bangalore, India.
- Train, manage, and mentor newcomers and junior team members within the BX India tax function.
- Contribute to the development and enhancement of standardized tax processes and documentation within the BX India team.
- Collaborate with the BX Tax Operations Team to provide training and share best practices.
- Strategic Initiatives:
- Collaborate with internal and external stakeholders to optimize tax planning and identify opportunities for tax savings.
- Identify areas for process, systems, and reporting improvements to enhance the effectiveness of tax compliance programs.
- Additional Responsibilities:
- Lead and participate in global projects, interacting with cross-functional teams across the organization.
- Perform other tax-related tasks as needed.
Qualifications:
Blackstone seeks to hire an experienced tax professional with a proven track record in fund-of-fund tax compliance. The ideal candidate will possess:
- Experience & Technical Knowledge:
- 10 -15 years of experience
- Minimum of 8 years of experience in asset management, focusing on fund-of-funds, secondaries, or partnership taxation; Big 4 experience is a plus.
- Expertise in partnership taxation, allocation methodologies, investor-level reporting, and fund-of-funds structures.
- In-depth knowledge of LP sensitivities to UBTI, ECI, FIRPTA, and CAI.
- In-depth knowledge of U.S. federal tax laws, state non-resident withholding laws, and corporate blocker tax compliance.
- International tax experience, including tax treaty applications, is preferred.
- Skills:
- Strong Excel skills and experience working with large data sets and tax workpapers.
- Excellent written and verbal communication skills with the ability to coordinate and partner with multiple stakeholders.
- Excellent organizational and project management skills.
- Highly effective communicator with exceptional attention to detail and documentation standards.
- Self-motivated, detail-oriented, and committed to delivering high-quality work.
- Able to work in a fast-paced, dynamic environment and interact effectively with investors, finance/tax colleagues, and senior management.
- Education & Certifications:
- Bachelor’s degree in Accounting, Finance, or related discipline.
- CPA, JD, MST, or local equivalent preferred.
The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.
Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.
If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).
Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:
Attending client meetings where you are discussing Blackstone products and/or and client questions;
Marketing Blackstone funds to new or existing clients;
Supervising or training securities licensed employees;
Structuring or creating Blackstone funds/products; and
Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.
Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.