US Funds Tax Team Internship - London

US Funds Tax Team Internship

Location: London, United Kingdom
Internship Dates: January 2027 to April or June 2027 (flexible on dates and duration)

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 11,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving clients' problems and helping them reach their potential. Our culture celebrates independent thinkers and doers who positively impact clients and shape the industry. Our collaborative environment and engaging work are guided by A&M core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity.

The Team

Alvarez & Marsal Tax’s U.S. Funds team is a new and unique opportunity. The team provides a broad range of U.S. tax compliance and reporting, as well as fund structuring and ad-hoc advisory services to European-based clients across many sectors in the Asset Management industry, such as Private Equity and Real Estate. The team supports asset managers with U.S. cross-border activity, with a focus on international tax issues.

How You Will Contribute

As an Intern/Co-op in the U.S. Funds team, you will:

• Work on various engagements under the guidance of Associates and Managers, gaining exposure to a diverse client base.
• Use A&M tax technology to prepare clean, well-organized workpapers, including relevant book-to-tax adjustments and investor allocations.
• Prepare and review extensions, Schedule K-1/K-3s, federal and state tax returns, and estimates.
• Prepare PFIC analysis and PFIC reporting footnotes to the Schedule K-1.
• Research and provide evidence of your findings on international and U.S. tax matters, such as interpreting U.S. tax treaties.
• Correspond with tax agencies such as the IRS.
• Deliver timely, high-quality work products that meet or exceed expectations set by the engagement team Manager.

Qualifications

• Working towards a degree in accounting or tax law, with the intention of obtaining a CPA license.
• Excellent verbal and written communication skills.
• Strong research and analytical skills.
• Strong understanding of Excel and the ability to learn new tax software and technology processes.
• Demonstrate an understanding of basic U.S. accounting concepts.
• Ability to work on multiple projects simultaneously and manage deadlines to meet deliverable timeframes.
• Strong teamwork and problem-solving skills.
• High motivation to learn and grow.
• Detail-oriented with strong organizational skills.

Your Journey at A&M

A&M prioritizes employee experience that supports professional and personal development. The performance development process promotes continuous learning, rewards contributions, and fosters a culture of meritocracy. With training and on-the-job learning opportunities, you can develop new skills and advance your career.

A&M also emphasizes well-being through benefits and resources. People consistently highlight growth opportunities, A&M’s unique entrepreneurial culture, and the collaborative, fun environment.

Culture & Values

A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity guide everything the firm does. The culture is rooted in entrepreneurship, impact, and integrity, and encourages people to take ownership early, contribute to meaningful challenges, and drive results that matter. A&M values doing the right thing and empowers growth through diverse perspectives.