Tax Intern

Job Description

Churchill Summer Internship: Tax | Churchill Asset Management

The Tone:
This is a seasonal internship at Churchill Asset Management. The company specializes in providing customized financing solutions to U.S. middle market private equity firms and their portfolio companies across various capital structures. This role is crucial for ensuring the accurate and timely preparation of tax compliance reporting and investor tax reporting, supporting the tax team by organizing financial and tax data. The intern will play a key part in the review processes for tax workpapers and filings, contributing to the firm’s overall financial integrity.

The TL;DR
• Role: Internship
• Type: Seasonal
• Location: Not specified
• Pay: $30 hourly
• Team: Tax Team
• Mission: Assist with tax compliance and reporting for private funds and portfolio companies, ensuring accuracy of financial and tax data.
• Tech Stack: Excel

What You’ll Actually Do
• Review: Examine annual tax workpapers prepared by external Big 4 vendors for accuracy and completeness.
• Support: Aid the team in collecting and organizing financial and tax data required for reporting, including logging information from portfolio companies.
• Prepare: Assist with the preparation and review of tax compliance reporting, specifically Schedule K-1s, for private funds.
• Evaluate: Review carried interest calculations and annual tax filings, including Forms 1065, 1120, and 1120-RIC, as well as state/local filings for various jurisdictions.
• Reconcile: Perform reconciliations between accounting records and tax work papers to ensure precise investor reporting.

The Must-Haves
• Background: A rising Junior (Class of 2029) or rising Senior (Class of 2028) expected to graduate with a Bachelor’s Degree in Accounting. This role is at a 2IC career level.
• Experience: No prior work experience is required for this internship.
• Skills: Strong attention to detail for reviewing facts and figures, superior Excel skills to clearly express complex ideas, and outstanding interpersonal and written communication skills with strong active listening abilities.
• Bonus: A proven track record of successfully collaborating in a results-driven team environment, coupled with an innovative and creative mindset that can connect unrelated notions and project potential ideas.