Hirannaiah (hiran)

• Spearhead U.S. Tax compliance for hedge funds, including complex master-feeder and offshore partnership structures, delivers accurate reporting under tight deadlines.
• Direct end-to-end review of partnership allocations—capital accounts, revaluations, redemptions, and carried interest—ensuring precision and compliance with U.S. tax regulations.
• Oversee preparation and filing of partnership tax returns (Form 1065), including supporting schedules and forms (Schedule D, M-3, 8865, 8990, 4562, K-2/K-3), along with investor-level reporting (K-1s, 8804/8813, 1042, 1099), ensuring accuracy and timeliness.
• Provide technical guidance on key hedge fund tax provisions including Section 163(j), Section 1061, straddles, wash sales, and UBTI, supporting complex client scenarios.
• Lead and coordinate U.S.-based teams, ensuring seamless delivery of compliance projects while maintaining consistent quality standards.
• Act as primary point of contact for clients, addressing technical tax queries, IRS notices, and investor-level reporting issues.
• Drive process improvements and automation, leveraging advanced Excel models and workflow tools to reduce turnaround times and increase efficiency.
• Mentor and develop teams of managers, seniors, and associates, fostering technical expertise and leadership growth within EY.
• Contribute to business development initiatives, supporting proposals, pricing strategies, and onboarding of new hedge fund clients.
• Collaborate with cross-functional teams on complex hedge fund tax matters, including investor reporting challenges and technical allocations, strengthening EY’s role as a trusted advisor in alternative investments.

• Managed U.S. tax compliance for offshore hedge funds and private equity funds domiciled in the Cayman Islands, including master-feeder structures and fund-of-funds.
• Prepared and reviewed partnership tax returns (Form 1065,) and related investor-level reporting (K-1s, 8804/8813, 1042).
• Specialized in offshore fund allocations, including capital account maintenance, revaluations, redemptions, and carried interest.
• Addressed U.S. withholding tax matters for non-U.S. investors, supporting compliance with cross-border reporting requirements.
• Collaborated with U.S. and Cayman teams to ensure timely and accurate delivery of client reporting packages.
• Built technical expertise in hedge fund-specific tax areas such as Section 163(j), wash sales, straddles, and UBTI.
• Supervised and coached associates, reviewing deliverables and improving team efficiency.

• Prepared and reviewed U.S. partnership tax returns (Form 1065) and investor-level reporting (K-1s, 8804/8813, 1042) for hedge fund clients.
• Coordinated with EY Global Delivery Services (GDS) and BBC teams, ensuring smooth workflow management and timely completion of U.S. tax compliance deliverables.
• Guided and supported staff members in preparing workpapers, allocations, and reconciliations, fostering accuracy and efficiency within the team.
• Performed detailed partner allocations, including income, expenses, redemptions, revaluations, and capital account rollforwards.
• Collaborated closely with U.S. engagement teams, resolving technical reporting issues and meeting strict IRS filing deadlines.

• Prepared partnership tax returns (Form 1065) and investor reporting (K-1s, 8804/8813, 1042, 1099) for hedge fund and private equity clients, ensuring accuracy and compliance.
• Performed detailed tax allocations across partners, including income, gains, expenses, and revaluation adjustments in complex master-feeder structures.
• Reviewed workpapers and reconciliations, including book-to-tax differences, capital rollforwards, and investor-level reporting schedules.
• Assisted in addressing technical issues such as Section 163(j) interest limitations, Section 1061 carried interest, UBTI, wash sales, and straddles.
• Coordinated with U.S. teams to clarify tax adjustments, reporting queries, and client deliverables under strict filing deadlines.
• Supported efficiency initiatives by standardizing templates and improving compliance processes within the engagement team.