Manager, Tax - Funds

Role Overview

Position: Tax Manager - Funds

Department: Accounting

Reporting to: Managing Director, Tax

FLSA Status: Exempt or Non-Exempt

Location: Bentonville, AR;
Denver, CO

Walton Enterprises is seeking a skilled, highly motivated and entrepreneurial individual to join the team as a Tax Manager - Funds. The ideal teammate demonstrates strong technical expertise in partnership taxation, investment fund structures, and tax planning, while effectively supporting complex investment activities across a diverse portfolio.

This role leads tax compliance, reporting, and planning activities related to the family office investment funds, including private equity, venture capital, hedge funds, and fund of funds structures. The position combines deep partnership tax knowledge with investment-focused analysis, supporting pass-through entity filings, tax basis tracking, and K‑1 review across a broad range of investment vehicles. The role also contributes to broader tax planning and research efforts involving individuals, trusts, and charitable entities.

Provide technical tax leadership and analysis for investment fund activities, support tax planning strategies, and collaborate with internal partners to ensure accurate compliance and thoughtful advisory outcomes.

Fund Taxation & Investment Support

• Perform reviews of partnership work papers, allocations, and tax filings prepared by junior staff.
• Identify complex tax issues and provide tax analyses for a variety of hedge fund, private equity, and fund‑of‑funds and their affiliates.
• Research, monitor, and assess upstream impact on individuals, trusts, and foundations.
• Develop planning ideas to negate negative outcomes for upstream investors.
• Monitor tax‑sensitive issues such as UBTI, ECI, PFIC, and foreign reporting obligations (e.g., Forms 8865, 5471, 8938).
• Support the Managing Director, Tax - Funds in fund structuring discussions, reviewing allocation models, waterfall provisions, and side letters as part of due diligence for investment opportunities.

Tax Research & Strategy

• Conduct tax research on issues related to investment products and advise the investment services team on strategic tax planning.
• Stay current with tax law changes relevant to funds, partnerships, and high‑net‑worth individuals.
• Support the development and documentation of tax planning strategies tailored to investment entities.

Collaboration & Cross‑Functional Support

• Coordinate with investment, legal, accounting, and philanthropic services teams to gather required data for tax filings and planning.
• Assist in data compilation and analysis to support tax audits and internal reporting.
• Participate in special projects related to new fund launches, transactions, or restructuring efforts.

• Advanced partnership taxation expertise.
• Strong tax research and technical writing capability.
• Investment fund tax compliance and advisory skills.
• Financial analysis and data interpretation.
• Proficiency in Excel and tax workpaper tools.
• Ability to communicate technical concepts clearly.

• Bachelor's degree in Accounting or related field.
• CPA certification.
• Master's in Taxation, Accounting, Business Administration, or J.D. preferred.
• 6+ years of experience in advanced partnership taxation or investment funds.
• Strong understanding of Subchapter K (704(b), 704(c), 734, 743), pass‑through entities, and fund‑level allocations.
• Excellent research and writing skills.
• Experience reviewing partnership agreements, side letters, and subscription documents.

• Demonstrates discretion, integrity, and expertise while serving as a trusted advisor to principals and colleagues.
• Collaborates respectfully and effectively with others, contributing to a supportive, team‑oriented environment.
• Approaches challenges with curiosity, bold thinking, and a commitment to continuous learning and innovation.
• Maintains a strong focus on results, consistently exercising sound judgment and decision‑making.
• Brings a visionary mindset, planning strategically for the future with imagination and insight.
• Committed…