US Tax Analyst

Position Overview

COMPANY:
As one of the world’s largest alternative investment managers, Apollo manages capital for hundreds of fund investors in dozens of countries, including some of the most sophisticated institutional allocators of capital. Pension funds, sovereign wealth funds, university endowments, charitable foundations, financial institutions, and family offices alike rely on Apollo to deliver differentiated long-term investment performance.

POSITION OVERVIEW:
At Apollo, we work as one team, partnering across regions and disciplines to share the perspectives and insights that lead us to uncommon opportunities. Our fast-growing international business has total assets under management of over $630 billion, with a team of over 2,700 professionals located in 16 offices around the world.
Apollo’s 50+ person tax team is currently split between the United States, United Kingdom, Hong Kong and India, and collectively covers all aspects of taxation covering matters pertaining to Apollo’s group structure, funds, investments, employees and partners.
The Tax Analyst will be responsible for various U.S. federal and state income tax matters pertaining to tax compliance and reporting for the Apollo Equity Platform. The Apollo Equity Platform primarily spans across the Private Equity, Hybrid Value, Secondaries, Real Estate, Sustainable & Impact Investing, and Infrastructure strategies. The Tax Analyst will primarily work with the Equity tax finance team, but also collaborate with various stakeholders throughout the organization who are supporting the Equity Platform and the broader Tax Finance team. This role provides the candidate with the opportunity to gain broad experience in the taxation of various equity, debt, and hybrid transactions.
The position offers excellent opportunities for tax and technology integration, coordination across internal and external stakeholders. The role will report to the Equity Tax lead based in New York, with additional responsibility to the Tax Finance Director in India.

PRIMARY RESPONSIBILITIES:
• Assist in management of external tax service providers to ensure accurate and timely delivery of tax compliance and reporting outputs.
• Preparation of supporting schedules to assist external accounting firms with the
preparation of tax estimates, schedule K-1s, and tax return (form 1065 and 1120).
• Analyze and review book-tax M1 adjustments, partnership agreements, and partners' tax
allocations, including tax waterfalls.
• Assist in review of quarterly and yearly tax estimates including annual K-1s and tax returns for the fund vehicles and GP carry vehicles.
• Coordinate and interact with external tax service providers to review and analyze portfolio companies including (i) U.S. partnerships and corporations performing business in multiple states and foreign jurisdictions and (ii) passive foreign investment companies (PFICs) and controlled foreign corporations (CFCs)
• Assist with tax research and planning for acquisitions, dispositions, and reorganizations relating to foreign and domestic investments.
• Prepare foreign partner US tax withholding calculations prior to applicable distributions.
• Respond to requests for information between the various groups within the organization such as investor relations, marketing, finance, and legal.
• Review and assist in resolution of federal, state and local tax notices.
• Assist in preparation of fund (partnership) level corporate provision calculations for financial statement reporting purposes.
• Calculate & coordinate tax payments/refunds for federal and state income tax reporting/withholding with finance teams.
• Tracking/scoping of legal entities and maintenance of annual tax calendar to ensure completion of all relevant filings.
• Preparation of various quarterly management reporting packages for the global platform.
• Assist in managing internal tax documentation.
• Special projects and research assignments.

Qualifications & Experience

Atleast 2 years (and upto 5 years) of experience in a US Tax role at either a Public Accounting firm (Big 4 preferred) or applicable private industry (US Asset Mangers).
• CPA or CA preferred. Otherwise a MBA in finance or graduate degree (e.g., MST) with experience in US Taxation.
• Partnership and Corporate tax return preparation experience required with a focus on tax reporting/compliance for an asset management firm.
• Experience with tax technology solutions (e.g., partnership tiering technology used by the larger accounting firms).
• Individual must be collaborative to effectively team/liaise with colleagues as well as able to work independently.
• Excellent organizational skills and interpersonal skills is important.
• Role requires individual to be nimble and flexible to balance multiple tasks simultaneously and to have the ability to take on a task and “run with it” to conclusion.

ABOUT APOLLO

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes.

OUR PURPOSE AND CORE VALUES

Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:

The leading provider of retirement income solutions to institutions, companies, and individuals.

The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.

A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.

We are building a unique firm of extraordinary colleagues who:

Outperform expectations

Challenge Convention

Champion Opportunity

Lead responsibly

Drive collaboration

As One Apollo team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.

OUR BENEFITS

Apollo relies on its people to keep it a leader in alternative investment management, and the firm’s benefit programs are crafted to offer meaningful coverage for both you and your family. Please reach out to your Human Capital Business Partner for more detailed information on specific benefits.

Apollo provides equal employment opportunities regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, veteran status, gender/sex or sexual orientation, or any other criterion or circumstance protected by applicable law, ordinance, or regulation. The above criteria are intended to be used as a guide only – candidates who do not meet all the above criteria may still be considered if they are deemed to have relevant experience/ equivalent levels of skill or knowledge to fulfil the requirements of the role. Any job offer will be conditional upon and subject to satisfactory reference and background screening checks, all necessary corporate and regulatory approvals or certifications as required from time to time, and entering into definitive contractual documentation satisfactory to Apollo.