Senior Tax Associate (Oil & Gas)

Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.

Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who've spent years working with asset managers is what differentiates us.

Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.

We are seeking a Senior Tax Associate to support the tax function for a growing alternative asset manager focused on energy investments. The ideal candidate has experience with partnership taxation and investment fund structures, particularly joint venture arrangements, and is comfortable navigating the complexities of multi-entity investment vehicles. This role will be responsible for overseeing tax compliance, reviewing partnership allocations, coordinating with external tax advisors, supporting investor tax reporting (including Schedule K-1s), and assisting with tax planning initiatives across fund and management company entities. The successful candidate will have a strong understanding of partnership tax concepts, exceptional analytical skills, and experience working within an asset manager, private equity firm, or investment platform with exposure to energy-focused investments and joint venture structures.

• →Assist in overall management of joint ventures in Oil & Gas
  • →Support portfolio company activities
  • →Transaction support
  • →Return review
  • →Ad hoc analysis
• →Forecasts of taxable income and tax holdbacks on distributions
• →Coordinate activities of outsourced tax compliance function
  • →Partnership returns and K1 packages
  • →Corporate returns and Earnings and Profits calculations
  • →Quarterly estimate, extension and return payments
• →Internal Reporting
  • →Compile and maintain fund statistical analysis
  • →Maintain and develop tax dashboard
• →Investor Relations Support
  • →Respond to tax related queries
  • →Due diligence questionnaires

• Three or more years of Big 4 public accounting tax experience, Oil & Gas
  industry, or a combination of both
• Must have working knowledge of Oil & Gas-specific tax issues at the
  operating company level including depletion, recapture and IDCs
• Comfortable multi-tasking in a small team environment
• Willing to network and communicate across disciplines from deal
  teams and portfolio company CFOs to accounting, investor relations and
  treasury
• Microsoft Excel with exposure to pivot tables and working with large data sets
• Demonstrated willingness to adopt and leverage AI tools

We’re proud of many milestones, but we’re especially honored by the recognition we’ve received for our workplace experience: 

• Certified Great Place to Work®, based on direct feedback from our employees about trust and overall culture. 
• Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™, highlighting our commitment to building an environment where people thrive.