Analyst, Tax

About the Role

The D. E. Shaw group is a global investment and technology development firm. We are looking for a resourceful candidate to join our Tax team in Hyderabad, India.

Key Responsibilities

• Prepare, review, and file D. E. Shaw’s hedge investment funds income tax returns.
• Issue annual tax information (Sch. K-1s) to investors.
• Review tax information to be included in various regulatory filings (tax audits, state tax returns, etc.).
• Interact with D. E. Shaw’s various Financial Operations teams and the Tax Planning team.
• Prepare, review, and issue quarterly investor tax estimate statements.
• Compute funds’ taxable income calculations/allocations for various D. E. Shaw’s hedge funds, as well as for investors.
• Analyze book-to-tax differences and various taxable income allocation methodologies.
• Periodically compute various state taxes, pay state tax authorities, and address tax notices.
• Periodically present D. E. Shaw’s hedge funds taxable income analysis to senior management.
• Address queries raised by investors on their taxable income calculations.
• Perform detailed review of tax workpapers and tax returns.
• Perform detailed analysis of financial products and their tax treatment.
• Analyze book income and compute taxable income and its allocation to investors using complex tax allocation methodologies.
• Interact with various internal and external stakeholders to understand process workflows relating to trade and fund accounting, and industry-wide tax practices and their reporting.
• Play a pivotal role in various tax process automation initiatives.
• Generate tax analytical and visualization dashboards.
• Work with the Tax Planning team on entity structuring consultation.
• Analyze tax implications for new financial products.
• Comprehend new tax regulations and devise strategies to optimize tax efficiency.

Requirements & Tech Stack

• Tax domain (Indian, US or International) experience.
• CA (Chartered Accountancy) qualification.
• Experience with Federal and state tax returns for U.S. entities.
• Experience with issuing Schedule K-1s and projections.
• Experience with tax compliance work for Partnerships and Corporations.
• Experience with U.S. Hedge funds, U.S. Private Equity, and Management Company entities.
• Experience with tax process automation initiatives.
• Experience with generating tax analytical and visualization dashboards.
• Experience with entity structuring consultation.
• Experience analyzing tax implications for new financial products.
• Experience comprehending new tax regulations.
• Experience devising strategies to optimize tax efficiency.

Qualifications

• Basic Qualifications:
• CA (Chartered Accountancy) with 0-2 years of work experience in Financial Services Industry or a large audit firm.
• Hands-on experience in Tax domain (Indian, US or International).
• Self-motivation.
• Robust accounting, analytical, and problem-solving skills.
• High attention to detail.
• Ability to meet tight deadlines and be a quick learner.
• Excellent communication skills.
• Exceptional interpersonal skills.
• Preferred Qualifications:
• A good understanding of financial instruments.
• Candidates with relevant experience looking to restart their careers after a break are encouraged to apply.