Monroe Capital LLC · 1 day ago
Tax Associate
Chicago, IL
Full-time
Hybrid
Entry, Mid Level
$85K/yr - $100K/yr
2+ years expMonroe Capital LLC is a premier asset management firm specializing in private credit markets across various strategies. The Tax Associate will assist the Tax Team in overseeing day-to-day tax functions for the firm's fund structures, ensuring compliance and reporting deadlines are met.
Asset ManagementCreditFinanceFinancial ServicesWealth Management
Responsibilities
Assist 3rd party service providers in completion of tax compliance work, including preparation and timely filing of tax returns for partnerships and coordinate timely payment of all estimated tax payments and/or filing of requests for extensions, both domestically and internationally
Understand complex partnership tax structures and transactions with strong ability to review and prepare partnership allocations, including preferred return and carried interest calculations
Familiarity with complex limited liability company (LLC) agreements and distribution waterfall mechanics
Research tax issues, understand implications of investment decisions, and prepare communication of conclusions to senior management
Assist in the interaction with the IRS as well as foreign and state tax authorities
Assist in development of policies and procedures to ensure consistent and accurate information is produced
Assist in managing relationships with third parties, including portfolio company contacts, for K-1 questions, tax distributions and estimates
Maintain strong customer service focus with our Limited Partners, ensuring timely and accurate responses to questions and requests along with the distribution of 1,000s of K-1s and 1099s
Preparing and maintaining tax forms (W-9, W-8, etc.) for 100s of entities, including preparation and filing of Forms 8832 where necessary
Assisting Investor Relations team with review of tax documentation for investor onboarding and affiliate transfers
Assist Accounting team with year-end audit confirmation process
Other duties and responsibilities as assigned
Qualification
Required
Minimum of 2 years of professional work experience in public accounting (or similar experience)
Bachelor's degree in accountancy and/or Finance; CPA preferred
Experience with financial services tax, accounting, or financial reporting
Must be intelligent, a fast learner, extremely detail oriented, and thorough, with basic accounting and analytical skills
Must have experience preparing or reviewing partnership tax returns and familiar with partnership agreements, partnership allocations, and carried interest allocations
Must have a positive, hands-on attitude and be willing to roll up their sleeves to do anything and everything needed to support the efforts of the team
Must be independent, a problem solver, able to juggle multiple workstreams and have ability to excel under stress while functioning at a high level in an environment that is constantly changing
Preferred
Experience with financial services tax, accounting, or financial reporting
Experience with partnership taxation, international tax, or other relevant tax experience
Strong ability / knowledge of Microsoft Excel features
Benefits
Performance-based bonus
Comprehensive benefits package
Medical
Dental
401(k)
Paid time off
Company
Monroe Capital LLC
Monroe Capital LLC (“Monroe”) is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate and equity.
201-500 employees
H1B Sponsorship
Monroe Capital LLC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (4)
2022 (3)
Funding
Current Stage
Growth StageTotal Funding
$534M2025-07-01Debt Financing· $500M
2024-10-22Acquired
2015-10-01Debt Financing· $11M
Leadership Team
Karina B. Stahl
Partner, Chief Financial Officer - Investment Funds
A
Amanda Pearlstein Tallman
Vice President
Recent News
Alternative Credit Investor
2026-01-08
Company data provided by crunchbase