PGIM - Vice President, Tax (Hybrid)

Prudential Financial•Newark, NJ

4d•$178,600 - $267,800•Hybrid

About The Position

The Vice President, Tax supports PGIM’s investment businesses and global investment platforms across multiple asset classes, including private credit and other alternative investments. The role primarily provides technical tax advice and structuring support for investment products, fund structures, cross-border investments, ownership arrangements, carry and co-investment programs, and significant business initiatives across PGIM. It also oversees related tax compliance and reporting matters. The position combines technical tax expertise and business judgment with working knowledge of fund tax compliance. The Vice President partners with investment, business, legal, finance and operations teams to develop and implement practical tax solutions and support appropriate reporting and controls. The role advises on tax matters across PGIM, supports investment products and structures, and coordinates with tax professionals within PGIM businesses and Prudential’s broader tax organization. It oversees recurring compliance and reporting activities and reviews work prepared by internal teams and external service providers. The position is hybrid, with recurring on-site attendance as determined by the business. The manager will provide details about the expected number of on-site days.

Requirements

Bachelor’s degree in Accounting, Finance, Taxation or a related field.
Approximately 6–10 years of relevant experience in partnership taxation, investment management taxation, international taxation or financial services taxation.
Deep knowledge of U.S. federal income tax rules applicable to partnerships, investment funds, real estate, private markets and cross-border investment structures, including withholding, treaty eligibility and entity-classification considerations.
Strong technical knowledge of partnership tax compliance and reporting, including Subchapter K allocations, Schedules K-1, withholding and information reporting, state and local filing considerations, and review of returns and supporting workpapers prepared by external service providers.
Ability to analyze complex tax issues, evaluate alternative structures and deliver clear, commercially practical recommendations to senior business and non-tax stakeholders.
Sound judgment balancing tax considerations with business objectives, legal and regulatory requirements, and implementation constraints.
Strong relationship-management and project-leadership skills, including experience working across business, legal, finance and operations teams and coordinating external advisors.
Experience interacting directly with senior business leaders, investment professionals and product development teams.
Ability to work effectively with business leaders, investment professionals and colleagues while maintaining appropriate standards for compliance, reporting and documentation.

Nice To Haves

CPA, master’s degree in taxation, JD, LL.M. or equivalent advanced tax qualification.
Experience with cross-border investment structures and international investor considerations.
Familiarity with carry, co-investment and employee-investor programs.

Responsibilities

Provide technical support on U.S. and international tax matters affecting investment products, transactions and business initiatives.
Advise on tax-efficient ownership and fund investment structures, including partnerships, REITs, feeder vehicles, rated vehicles, management structures, sidecars and other domestic and international investment vehicles.
Monitor tax developments affecting PGIM businesses and communicate implications and recommended actions to stakeholders.
Support business, legal, product and finance teams on material tax matters, including developing and implementing investment products and structures; coordinate with external advisors as appropriate.
Advise on special projects involving tax-sensitive transactions, restructurings and regulatory developments.
Partner with PGIM investment businesses to identify and resolve tax issues arising in funds, investment programs and strategic initiatives.
Provide guidance on investor tax matters, including ECI, UBTI, withholding tax and treaty considerations.
Coordinate with tax professionals across fixed income, real estate, private credit, multi-asset and alternative investment platforms to promote consistent tax positions and efficient delivery of advice.
Advise on tax requirements and operational controls needed to implement and maintain tax-sensitive products, structures and initiatives.
Participate in business planning and early-stage concept development, evaluating tax implications and feasibility of potential funds, products, strategies and market opportunities.
Review fund documentation, management agreements and other documents from a tax perspective.
Support responses to investor, counterparty and stakeholder tax inquiries; participate in investor diligence and support tax-related investor communications.
Work with business, legal, finance and operations teams to translate tax advice into governance, documentation, reporting and operational requirements.
Serve as tax lead for employee co-investment and carried interest programs across PGIM businesses.
Advise on structuring, implementation and operation of carry and co-investment vehicles, including phantom carry and co-investment arrangements.
Oversee tax reporting, partnership allocations and related matters for employee-investor programs.
Coordinate with finance teams, service providers and external advisors on implementation and administration of carry and co-investment programs.
Evaluate tax consequences of changes to carry, co-investment and employee-investor arrangements, including changes in participants, allocations, investments, local law and governing terms.
Support global carry and co-investment programs and develop working knowledge of foreign tax considerations affecting those structures.
Coordinate and oversee recurring tax compliance processes for PGIM funds and related entities, including partnership compliance, investor reporting, withholding, information reporting, filing calendars and related deliverables.
Review and advise on partnership tax returns, Schedules K-1, allocation workpapers, withholding calculations, state and local filing positions, and partner reporting prepared by service providers; identify issues and recommend corrections or further analysis.
Advise on FATCA/CRS classifications, registrations, certifications, reporting and related governance for applicable PGIM and Prudential entities, coordinating with business teams, administrators and external advisors.
Assist in developing and enhancing tax-related processes, controls and governance frameworks supporting PGIM businesses.
Analyze complex tax issues, advise on investment products and structures, and translate technical conclusions into practical recommendations and implementation steps.
Provide oversight of recurring compliance and reporting responsibilities and review tax work prepared by service providers.

Benefits

Market-competitive base salary with yearly bonus potential at every level; discretionary annual incentive eligibility is subject to program rules and applicable factors.
Medical, dental and vision insurance.
Life insurance and disability insurance.
Paid Time Off (PTO) and leaves of absence, including parental and military leave.
401(k) plan with company match up to 4%.
Company-funded pension plan.
Wellness programs, including up to $1,600 per year in reimbursement for eligible personal wellbeing purchases.
Work/Life Resources covering topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education Benefit to help finance approved traditional college enrollment and accredited certificate programs.
Employee Stock Purchase Plan, with shares purchasable at 85% of the lower of the beginning or ending price of the purchase period.
Career learning, networking, gig and job opportunities, leadership and learning opportunities, and flexibility.