Tax Manager, Private Funds

Cohen & Co • Baltimore, MD

1d • $85,000 - $155,000

About The Position

The Tax Manager in Cohen & Co’s Private Funds group serves hedge fund clients, with exposure to private equity, fund of funds, and real estate funds. The role leads tax engagements and teams, delivers tax compliance and advisory services for sophisticated fund managers, strengthens client relationships, identifies planning opportunities, and contributes to the growth of the Private Funds practice.

The manager leads compliance and advisory engagements; reviews partnership and corporate tax returns; advises on securities trading, mark-to-market accounting, fund structuring, and management or incentive fee arrangements; monitors tax legislation; and provides federal, state, and international tax guidance. The role also manages engagement planning, execution, billing, budgets, work in process, deadlines, and client communications. It leads, coaches, and reviews staff and seniors, supports process improvement and knowledge sharing, and promotes teamwork and accountability.

Requirements

• Bachelor’s degree in Accounting or a related field.
• At least 5 years of progressive public accounting tax experience.
• Experience with private funds, including private equity, hedge funds, fund of funds, or real estate funds.
• Experience reviewing partnership tax returns and complex tax work.
• Experience managing engagements, deadlines, and multiple priorities.
• Experience serving as a client contact and building client relationships.
• Experience reviewing and developing staff.
• Strong verbal and written communication skills.
• Strong project management and organizational skills.
• Ability to work effectively in a fast-paced, team-oriented environment.
• Proficiency with Microsoft Office and familiarity with tax preparation software.

Nice To Haves

• CPA or progress toward CPA licensure.
• Experience with complex partnership and multi-tiered fund structures.
• Hedge fund tax experience.
• Experience with fund-level and investor-level allocations and reporting.
• Knowledge of carried interest, incentive allocations, and fund distribution waterfalls.
• Familiarity with securities taxation and mark-to-market accounting.
• Exposure to PFIC, CFC, withholding, or other international tax considerations affecting private funds.
• Experience identifying tax planning opportunities and contributing to strategic client discussions.

Responsibilities

• Lead tax compliance and advisory engagements for hedge funds and other private fund clients.
• Review partnership and corporate tax returns, particularly fund structures, investor allocations, and income recharacterization.
• Advise on securities trading, mark-to-market accounting, fund structuring, and management or incentive fee arrangements.
• Monitor tax legislation affecting private funds and identify planning opportunities.
• Provide guidance on federal, state, and international compliance, including PFIC, CFC, and withholding considerations.
• Manage multiple engagements and deadlines while maintaining quality and client service.
• Serve as a primary day-to-day client contact and manage expectations, deadlines, and deliverables.
• Drive engagement planning and execution from kickoff through completion.
• Partner with Directors and Partners to identify and implement tax strategies aligned with client goals.
• Manage billing, budgeting, and WIP for assigned engagements.
• Build client relationships through proactive communication and high-quality service.
• Lead, coach, and mentor staff and seniors in their technical and professional development.
• Review team members’ work and provide clear, actionable feedback.
• Promote teamwork, open communication, and accountability within the pod.
• Support process improvement and knowledge sharing across the Asset Management Tax team.
• Identify opportunities to work more efficiently.

Benefits

• Comprehensive and competitive Total Rewards package with options employees can tailor to their needs.
• Time off outside of standard PTO to give back to the community.
• Annual discretionary merit increases and bonuses.
• Talent development resources and growth opportunities.
• Time off outside of standard PTO to recharge.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager