Tax Principal Chicago, Illinois, United States

The Tax Principal role entails working closely with the Tax Executive and Managing Directors, other Tax team colleagues including other Tax Principals, and service providers to manage all tax aspects of the Fund tax business including private equity, co-investments, infrastructure, secondaries, private credit, hedge funds, and real estate. The Tax Principal may also have exposure to other areas, such as carried interest vehicles, registered funds, and structured products.

As an onsite / hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays, and Thursdays.

Responsibilities

• Coordinate with others to manage the Global tax compliance process for investment partnerships and accounts managed by the firm including Federal, State, and International tax reporting.
• Lead tax process improvement projects using different tax technology solutions while collaborating with various Departments with a high focus on increasing efficiency and risk management.
• Communicate regularly with Fund Finance and Treasury executives to implement strategies designed to improve the transfer of information between groups, including the tracking, booking, and processing of tax payments and refunds.
• Research tax technical issues and articulate findings in a manner suitable for the audience.
• Work with service providers to stay abreast of legislative and regulatory tax changes and communicate tax developments to management team.
• Review tax deliverables with a focus on accuracy and timeliness.
• Draft client correspondence and participate in communications with clients, as needed.
• Review fund structures of underlying fund investments for domestic and foreign entities and identify tax filing and income reporting requirements.
• Review partnership allocations of income for investment partnerships and issue K-1s to investors.
• Perform related duties as assigned including handling tax notices, updating tax forms, responding to investment tax questionnaires.
• Explore and implement AI-driven tools and automation to enhance tax workflows, improve data accuracy, and increase processing efficiency across tax compliance and reporting.

Education, Skills and Experience Requirements

In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart, and successful colleagues. He or she will enjoy being part of an organization focused on excellence and will be a naturally collaborative person who enjoys interacting with individuals at all levels. Additionally, he or she will be a strong team player with a proactive approach and the ability to exercise discretion and judgment.

Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package.

Chicago Annual Pay Range

$150,000 - $185,000 USD

About the Firm

GCM Grosvenor (Nasdaq : GCMG) is a global alternative asset management solutions provider with approximately $86 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care / wellness programs.

EQUAL OPPORTUNITY EMPLOYER M / F / D / V

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