Assistant Vice President - Tax, Regulated Products (REITs and BDCs)

Monroe Capital•Chicago, IL

13d

About The Position

This is a unique opportunity for an experienced and technically proficient tax professional to join a leading private credit firm. The ideal candidate will be a hands-on leader, responsible for tax matters with specific emphasis on REITs and BDCs while also contributing to the broader tax team. This role requires an ability to navigate the specific regulatory frameworks of these specialized investment vehicles, and an understanding of partnership tax issues.

Requirements

Experience: 7+ years of relevant tax experience, preferably from a Big Four accounting firm or an in-house role within an investment management company with BDCs and/or REITs.
Education & Certifications: Bachelor's degree in accounting or a related field. Candidates with CPAs or Master’s degree preferred.
Technical Proficiency: Proven expertise in the specific tax rules governing REITs and BDCs. Strong command of REIT and BDC taxation is non-negotiable. Knowledge of C-Corporation taxation a plus given existence of “Tax Blockers” and “Taxable REIT subsidiaries”. Must have basic Partnership taxation knowledge as well
Personal Attributes: Exceptional attention to detail and a commitment to accuracy. You must have a “can-do” attitude
Strong communication skills—you can explain complex tax issues clearly to non-tax professionals.
A proactive, problem-solving mindset and the ability to thrive in a fast-paced environment.
Sitting: Frequently (approximately 70–80% of the workday) for computer work, phone communication, and administrative tasks.
Standing and Walking: Occasionally (approximately 20–30% of the workday), including walking between Monroe offices or meeting rooms.
Lifting/Carrying: Occasionally required to lift up to 10 pounds.
Reaching: Extending arms to access files, use printers, grab supplies; often includes overhead reach, sometimes with a step stool for higher shelves.
Bending/Stooping: Bending at the waist or knees to reach items on low shelves, under desks (cords, equipment), or pick up dropped items.
Typing/Keyboard Use: Frequently required for daily computer and administrative tasks.
Vision and Hearing: Adequate for reading reports, emails, spreadsheets, and verbal communication.
Speaking: Frequent verbal communication with staff, vendors, and external partners.

Nice To Haves

Candidates with CPAs or Master’s degree preferred.
Knowledge of C-Corporation taxation a plus given existence of “Tax Blockers” and “Taxable REIT subsidiaries”.

Responsibilities

Tax Compliance: Manage the entire tax compliance lifecycle, from planning and preparation to estimates and filing. This includes overseeing all federal and state tax returns for the funds and their underlying entities, including Forms 1120-RIC, Form 1120-REIT, Form 8613, Form 1120, Form 1065 and other related filings. You will be coordinating and managing our outside tax preparers.
Internal Coordination. Work closely with the Accounting team to understand financial statement reporting, including regular review of accounting system and financial statement information to ensure the integrity of the reports for tax purposes.
Specialized Expertise: Ensure strict adherence to the tax requirements for both REITs and BDCs. This means monitoring the various asset, income, and diversification tests to maintain their tax-advantaged status while navigating the complex regulatory landscape of the Investment Company Act of 1940. You must be able to make determination on when a Taxable REIT Subsidiary (TRS) or Tax Blocker should be used to hold investments and liaise with 1940 Act counsel to solve structuring issues.
Investor Relations: Take charge of all tax-related investor reporting for these products, ensuring accurate and timely delivery of information. This includes managing the preparation and distribution of Schedules 1099, 1042-S, and other essential investor documents.
Strategic Advisory: Act as the go-to tax expert for internal teams, providing clear, actionable advice on tax-efficient structuring for new deals, dispositions, and other transactions. You'll be a key part of the team, providing a crucial tax perspective on investment activities.
Tax Planning: Proactively identify and implement tax-saving strategies to maximize returns for the fund and its investors. This involves staying ahead of changes in tax law and proposing forward-thinking solutions.
Audit Management: Serve as the primary point of contact for external tax advisors and auditors. You will be responsible for managing all tax audits and inquiries, ensuring a smooth and efficient process.
Team Leadership: Supervise and mentor junior staff, fostering their professional growth and ensuring the tax team operates at the highest level of efficiency.
Collaboration : Work with broader Tax Team on other non-regulated products and initiatives