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The Fund Administration practice of U.S. Bank Global Fund Services (USBGFS) provides value-added services to a robust and rapidly growing client base, which includes mutual funds, hedge funds, private equity funds, offshore funds and other investment companies. In today’s complex, dynamic legal and regulatory environment, clients demand to be serviced by tax professionals who understand the industry, investments and client goals. USBGFS tax professionals are trusted advisors to clients and accounting firms to develop and implement innovative tax planning solutions that optimize tax strategies and positions, as well as identify and mitigate risk. The Tax Analyst works as part of a diverse team that supports our clients as well as being invested in your career growth. As an integral part of the team, you are responsible for providing value-added services to investment companies and investment advisors. As part of our duties as trusted advisors, our team members work collaboratively internally with in the firm, our clients, mid-sized, regional, and Big 4 accounting firms. Through our in-house internal training program and mentorship, you will be supported in your role as you progress in your career here.
Job Responsibility:
Research tax technical and Financial Reporting guidance and requirements
Prepare IRS Forms 1120-RIC, 8613, 1065 and Schedule K-1s along with any required state and local tax Forms. Coordinate the distribution of necessary tax forms and supporting schedules to investors/partners
Prepare mutual fund taxable income calculations, including book-to-tax differences for fiscal and excise tax purposes, in addition (i.e. wash sales, 1256 adjustments, §988 adjustments, PFIC adjustments and others) and arrive at taxable income for hedge funds and investment partnerships
Assist in the preparation of Forms of Form 1099-MISC
Prepare income and capital gain/loss estimates, including book-to-tax differences as requested by client
Prepare dividend distribution calculations
Requirements:
Bachelor's degree in accounting or finance, or equivalent work experience
Two to five years of related work experience
Strong working knowledge of Microsoft Excel
This position is not eligible for visa sponsorship
General understanding of legal, regulatory and accounting principles in investment management industry a plus
Flexibility with work hours as required in supporting the clients’ needs
Demonstrates ethics and integrity, adhering to USBGFS’ core values and holds others accountable for upholding ethics and values
Is a team-oriented professional, interacting collaboratively with team members and others throughout the organization
Shows initiative, including eagerness to work on projects, with the ability to communicate with all people at all levels
Produces high-quality work that is accurate and thorough, with attention to detail
Demonstrates effective work habits and strong organizational skills by prioritizing and planning, with the ability to handle multiple tasks simultaneously and adapt to changing client priorities and regulatory requirements
Shows a commitment to learning through professional development and growth, continually expanding their knowledge base and expertise in their practice area
What we offer:
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law