Grayscale Investments is the world’s largest digital currency asset manager. Through its family of investment products, Grayscale provides access and exposure to the digital currency asset class in the form of a traditional security without the challenges of buying, storing, and safekeeping digital currencies directly. With a proven track record and unrivaled experience, Grayscale’s products operate within existing regulatory frameworks, creating secure and compliant exposure for investors.
Position Summary:
Grayscale Investments is seeking a Tax Director to play a critical role in Finance to support a wide range of tax-related matters. Reporting to the Chief Financial Officer, the Director will be a tax expert partnering with our parent company, Digital Currency Group, while also supporting Grayscale’s day-to-day tax function including current tax initiatives, tax reporting, and future tax strategy.
Responsibilities:
- Manage all aspects of income tax reporting including required financial statement disclosures.
- Monitor proposed and enacted tax legislation while analyzing the potential impact to the Company.
- Collaborate with stakeholders to define and implement the Company’s tax planning and optimization strategies.
- Advise senior-level business leaders on various tax matters as well as the potential impact of laws and regulations to the Company.
- Identify, evaluate and manage tax risks associated with new product offerings and investment vehicle structures.
- Develop, implement and document robust processes and procedures tax controls framework to ensure accurate tax compliance and risk mitigation.
- Collaborate with other functional leaders and external tax advisors to prepare and review all tax compliance requirements ensuring timely and accurate filings for multiple legal entities including various tax structures (i.e., corporation, partnership, etc.), US and non-US preferred.
- Engage proactively with cross-functional teams to understand the tax impact of business operations and developments.
- Prepare income tax provisions and income tax footnotes for the financial statements in accordance with the principles of ASC 740 while partnering with the parent company tax team to ensure accurate tax reporting for the consolidated group.
- Interface directly with financial statement auditors and various tax authorities, as necessary.
- Work collaboratively with the investor relations team to respond to tax-related inquiries.
Prior Experience/Requirements:
- Bachelor's degree with strong academic achievement (CPA preferred).
- 8+ years of income tax reporting experience including public accounting experience.
- Ability to work independently in a fast-paced environment.
- Multitask and manage/prioritize own workload to meet deadlines.
- Excellent analytical, communication and documentation skills.
- Strong organizational skills with the ability to communicate complex tax issues clearly.
- Asset management experience preferred (Digital asset/Cryptocurrency experience is a plus)
- Experience with tax matters related to grantor trusts, Cayman Island funds, or 1933/40 Act Investment Companies strongly preferred.