At HedgeServ, we're redefining what's possible in fund administration. With more than $700 billion in assets under administration, we partner with the world's most forward-thinking investment managers - across private equity, private credit, endowments, hedge funds and more - to deliver seamless, tech-enabled solutions that drive performance.

Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.

We're a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values - Relationships, Support, Innovation, and Expertise - create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission.

HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We've been recognized as an employer of choice, earning a top 100 workplaces designation.

Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We've earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.

Job Description

As part of the Tax Team, the Senior Associate will be involved with the tax reporting processes and client relationships with our hedge fund/private equity clients. The position will include interaction with global offices and clients.

This position is hybrid in our Dallas, TX, New York, NY or Raleigh, NC offices. Visa sponsorship will not be provided at this time.

Responsibilities

• Preparation of partnership tax allocations using the aggregate methodology
• Preparation of monthly tax compliant trial balances
• Provide U.S. tax analysis of transactions including, but not limited to the following:
• Wash sales analysis
• Section 1256 analysis
• Holding period analysis (long-term vs. short term)
• Constructive sales (section 1259)
• Straddles (section 1092)
• Original issue discount (OID)
• Market discount
• Treatment of derivatives (e.g., notional principal contracts, options, forwards, futures)
• Unrelated business taxable income (UBTI)
• Liaising with client's external tax advisors
• Maintaining a high-level of attention to client relationships
• Special projects

Pre-Requisite Knowledge, Skills, and Experience

• Completed a bachelor's degree with a major in Accounting
• 2+ years of experience in relevant position
• Must be eligible to take the Uniform CPA Examination (CPA designation a plus)
• Candidates must be proficient in Excel and Word
• Must be detailed with paper work and organized
• Punctual, meticulous and reliable

The salary range for this role is $80,000 - $90,000. Specific salary will be determined based on education, experience, and skill set of the individual selected for this position.