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Job Description

Your Role:

The Tax Director for Private Credit Funds is responsible for the strategic development of tax related policy and documentation, oversight of third party service firms and being an active participate in business related decisions to help make proper tax determinations while mitigating tax related risks for Invesco’s Private Markets Credit Funds.

Invesco relies on third party providers for preparation of tax reporting requirements and for strategic advice on fund level and investment level tax topics. The Tax Director for Private Credit Funds will manage these relationships and serve as a liaison between Invesco functions and tax advisors, assisting fund and investment teams with strategic tax decisions.

You Will Be Responsible For:

• Managing internal tax senior manager, outsourced tax compliance, and outsourced tax advisory relationships including the following points of emphasis

• Tax structuring for private credit funds, including existing funds and new product launches

• Taxability of transactions, including loan origination, distressed debt, debt restructuring, and CLOs.

• Onboarding of new investors with respect to FATCA, CRS, and other similar tax regime reporting requirements

• Accounting for income taxes under ASC 740

• Tax estimates, including complex partnership allocations

• Withholding associated with foreign earnings/dividends/distributions

• Entity dissolution as it relates to tax filings

• Corporate tax estimates

• Tax impact/pro forma calculations for potential investors

• General client tax questions

• Liaison between US and international tax teams

• Education of internal teams or clients on new tax rulings/changes in tax code

• Departmental tax policies and positions taken

• Tax engagement logistics for Funds/JVs

• Tax tracker monitoring

• Review procedures for returns

• Control owner for Private Credit Funds SOX topics

• Support for Closings Team

• IRS/State tax notices

• Tracking acquisitions/dispositions of legal entities related to tax filings

• Other duties as assigned

The Experience You Bring:

• Masters degree in accounting/finance, CPA required

• Minimum of 12 years of tax experience specializing in Credit Funds, including Direct Lending, Distressed Lending, and CLO Funds

• Big 4/public accounting background highly desired, Senior Tax Manager level or higher

• Thorough understanding of Private Credit Fund tax issues, tax filings, and investment holdings

• Expertise in Private Credit Fund structures/vehicles

• Experience leading complex tax related initiatives and interpreting tax guidance for business leaders

Skills / Other Personal Attributes Required:

• Proficient in Microsoft Office

• Strong technical accounting tax knowledge is required

• Excellent verbal and written communication skills

• Ability to multi-task and work in a fast pace growing environment

• Ability to develop strong working rapport with outside vendors on tax related deliverables

• Team oriented and strong interpersonal skills very important

• A demonstrated reputation for excellence and achievement

Full Time / Part Time

Worker Type

Job Exempt (Yes / No)

Workplace Model

At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.