Tax Operations - Vice President

iCapital • Salt Lake, UT

9h • $125,000 - $155,000 • Hybrid

About The Position

iCapital is seeking an experienced Vice President of Tax to join the team and oversee tax compliance for the Non-US Fund business, with a primary focus on Withholding Foreign Partnership (WFP), US Chapter 3 and 4, Non-Withholding Foreign Partnership (NWFP) obligations and IRS 302 processing. This role is critical to ensuring adherence to U.S. tax regulations and global compliance standards for offshore structures.

Requirements

• Bachelor’s degree in accounting or finance
• 7+ years of relevant experience, preferably with a financial institution, asset manager, or Big 4 accounting firm
• Able to quickly learn and adapt to new systems and technologies
• Proven track record of managing multiple priorities and working effectively both independently and collaboratively in a fast-paced environment
• Exceptional communication and interpersonal skills to foster strong client and team relationships
• Willingness to learn new concepts and adapt to an evolving business landscape
• Highly organized, self-driven, and detail-oriented with the ability to maintain a strategic perspective

Nice To Haves

• CPA designation or a master’s degree in taxation is strongly preferred

Responsibilities

• Ensure full compliance with IRS requirements for WFP and NWFP entities under Sections 1441, 1446, 1446, and related regulations.
• Oversee the preparation and review of Forms 1042, 1042-S, 8804, 8805, and other applicable filings.
• Manage the IRS 301/302 withholding for global funds.
• Own and maintain global tax requirements, including Backup withholding, Capital gains and return of capital classifications.
• Collaborate with internal teams like Fund Accounting, Operations, and Legal as well as external service providers to ensure accurate withholding and reporting.
• Design and maintain processes for monitoring investor classifications and treaty eligibility.
• Stay current on U.S. and global tax law changes impacting foreign partnership, non-US funds and withholding obligations.
• Advise on structuring strategies for offshore feeder funds to enhance operational efficiency, minimize tax drag and tax compliance.
• Identify, assess, and mitigate tax compliance risks across offshore structures.
• Establish robust internal controls and documentation standards to support audits and regulatory reviews.
• Serve as a subject matter expert for WFP or NWFP compliance within the organization.
• Provide training and guidance to internal stakeholders on tax compliance requirements.
• Lead and contribute to ad hoc projects supporting the firm’s strategic tax initiatives
• Participate in industry working groups to drive industry change and uplift industry best practices

Benefits

• The base salary range for this role is $125,000 to $155,000.
• iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus.
• Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).
• Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level