Senior Tax Associate

MIO Partners, Inc. (MIO) provides proprietary investment products to McKinsey's retirement plan and partners and offers independent, high-quality financial advice to McKinsey's partners. We manage a wide array of investment vehicles with significant expertise and a long and successful track record in alternative strategies, including hedge funds and private equity. We have a multibillion-dollar portfolio of assets under management, and we manage assets for and advise only McKinsey-related clients; we do not accept outside or third-party investments.

MIO is a values-based organization that is strongly aligned with our investors' interests. MIO measures success as performance relative to a market-based benchmark.

MIO, a 250+ person registered investment adviser, provides ample opportunities for somebody with an entrepreneurial drive to shine. We strive to meet the highest professional standards and build an organization that attracts, develops, and retains exceptional people. MIO is a wholly owned subsidiary of McKinsey, but our activities are kept entirely separate from those of the consulting Firm.

• Be a key contributor in the tax compliance process, including supervising service providers to deliver timely tax reporting
• Prepare and review source documents associated with partnership tax returns
• Review of partnership tax returns, including associated K-1s for private equity and hedge funds
• Prepare 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
• Elect, calculate, and complete PTET payments to 9+ jurisdictions and keep up to date on the latest rules and regulations
• 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 K-2/3, 1042, 8865, 8858, 5471, 8621, and 926
• Assist Client Service, Legal, Compliance, Advisory, and Investment teams in fulfilling tax-related requests
• Participate in ad hoc special projects and help develop process improvements related to increasing workstream efficiency
• Assist in gathering and analyzing data to support tax efficiency planning for the funds

• Undergraduate degree in accounting or taxation
• Master's in taxation is a plus, interest in obtaining this qualification is envisioned to grow in this role
• Licensed CPA required
• 3-6 years of professional experience and a strong background in partnership taxation with an emphasis on private equity, hedge funds, fund of funds, and flow-through treatment to investors
• Strong tax accounting skills, including the 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 interpersonal skills and an interest in engaging with client services and finance/tax colleagues
• Intellectually curious; must demonstrate an eagerness to learn and grow within the organization
• Knowledge of investment fund tax accounting concepts, including partnership tax accounting and tax allocations
• Strong administrative and organizational skills working with a tax calendar, tracking due dates, tracking new entities, and adhering to internal deadlines; experience enhancing existing templates or developing new templates to improve processes
• Aptitude for attention to detail, including active listening, analytical thinking, time management, and observational 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
• Strong Excel, Word, and PowerPoint skills and knowledge of tax systems are required; exposure using accounting and general ledger systems a plus