Senior Tax Associate

Position Title
:
Senior Associate, Tax
- Funds

Department: Tax

Reporting to: Managing Director, Tax

FLSA Status: Exempt Location:Denver, CO or Bentonville, AR

Walton Enterprises is seeking a skilled, highly motivated and entrepreneurial individual to join the team as a Senior Associate, Tax
- Funds. The ideal teammate will have the demonstrated ability to apply technical knowledge of partnership taxation and investment fund structures, analyze complex tax information, prepare accurate tax filings, and collaborate across functional teams to support tax compliance, reporting, and planning.

The Senior Associate, Tax
- Funds supports tax compliance, reporting, and planning for fund-related investments, including private equity, venture capital, hedge funds, real estate, and fund-of-funds structures. This position prepares and reviews partnership tax filings, analyzes investment-related tax information, and applies technical tax knowledge to complex reporting requirements. The role also supports tax planning for individuals, trusts, and philanthropic entities while coordinating with internal teams to maintain accurate and timely reporting.

In this role, you will support tax compliance and planning activities involving complex investment fund structures, partnerships, and related entities. You will prepare and review tax filings, evaluate investment-related tax reporting requirements, conduct technical research, and work closely with cross-functional teams to ensure accurate and timely reporting.

• Prepare and review tax returns and supporting schedules for fund-related partnerships and LLCs, including tiered partnerships and fund-of-funds structures.
• Maintain and reconcile tax basis schedules, capital accounts, and partnership allocations in accordance with applicable Subchapter K requirements.
• Analyze Schedules K-1 from private equity, venture capital, and hedge fund investments to assess tax reporting implications for individuals, trusts, and philanthropic entities.
• Monitor specialized tax reporting requirements, including unrelated business taxable income (UBTI), effectively connected income (ECI), passive foreign investment companies (PFICs), and applicable foreign reporting obligations, including Forms 8865, 5471, and 8938.
• Conduct technical tax research related to partnership taxation, investment structures, and multi-jurisdictional filing requirements, documenting findings and escalating complex matters as appropriate.
• Collaborate with investment, accounting, legal, and philanthropic teams to gather information, resolve reporting questions, and support tax compliance and planning activities.
• Prepare supporting documentation and responses for tax audits, ensuring records and reporting materials meet internal standards and applicable regulatory requirements.
• Support tax planning projects and compliance activities involving high-net-worth individuals, trusts, and philanthropic entities.
• Monitor relevant tax law developments and contribute to process improvements that enhance the accuracy, transparency, and efficiency of fund-related tax reporting.

• Knowledge of partnership taxation, investment fund structures, and Subchapter K requirements.
• Ability to prepare and review tax returns, analyze Schedules K-1, and maintain tax basis and capital account schedules.
• Technical tax research and analytical problem-solving skills.
• Understanding of tax compliance, reporting requirements, and related compliance risks.
• Financial reporting, data analysis, and tax planning support.
• Proficiency with Microsoft Office applications, including Excel.
• Effective written and verbal communication skills and the ability to collaborate across functional teams.

• Bachelor's degree in Accounting or a related field, with a minimum 3.25 GPA in major coursework.
• Minimum of 2 years of experience in tax compliance, including exposure to partnership taxation or investment funds.
• Working understanding of Subchapter K and fund-level partnership allocations.
• CPA certification or CPA exam eligibility preferred.
• Master's degree in Taxation, Accounting, Business Administration, or a Juris Doctor (JD) preferred.
• Experience with private equity, venture capital, or hedge fund taxation preferred.
• Exposure to nonprofit or foundation tax matters and familiarity with foreign compliance requirements for investment funds preferred.
• Experience with AI enabled tax software…