Manager, Investment Tax

Notes to applicants:

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Job Description:

The Manager, Investment Tax (Manager) is responsible for identifying and resolving technical, investment tax issues.  The tax scope will be primarily the US and Canadian mutual funds and ETFs and will also include international tax matters encompassing a range of tax entity types. 

The Manager will apply their knowledge and expertise to improve processes contributing to the overall efficiency of the tax team.

Responsibilities

• Provides analysis of the tax impact to the funds in relation to management of the portfolio and investment strategy.
• Ensures all corporate action activity is properly booked within the respective fund accounting systems.
• Manages the delivery of key portfolio management information to internal parties, i.e., PFIC determinations, gain/loss reporting, wash sale data, distribution requirement considerations, etc.
• Builds positive working relationships with third-party service providers (custodian, fund administrators and accounting firms) to achieve consistent results.
• Monitors and/or reviews tax reporting and compliance as prepared by tax service providers and fund administrators.
• Works closely with other departments within Dimensional including Portfolio Management, Investment Operations, Marketing, Fund Finance, the Global Client Group (sales), and Legal.
• Jointly coordinates and manages both annual and semiannual financial reporting cycles with Fund Finance with respect to the independent auditors.
• Conducts thorough analysis and review of workpapers including fiscal and excise tax provisions, annual financial statement disclosures, quarterly compliance tests, fund distribution calculations, 1120-RIC and Form 8613 tax returns, and shareholder year-end tax deliverables.
• Represent the Investment Tax team and provides advice accordingly as part of new product or fund launches.
• Stays abreast of current tax and accounting developments in the investment management industry.
• Ensures both procedural and process documentation are complete and current.
• Proactively identifies and implements process improvements, increased automation, and enhanced digital analytics using existing and emerging technology solutions.
• Partner with the Senior Manager of Investment Tax on special projects related to both US and non-US jurisdictions.
• Provides guidance and training to team members on tax laws, regulations, and procedures to promote continuous learning and development.

Qualifications

• 3-5 years of experience in Investment Management industry.
• CPA or CPA Candidate preferred, but not required.
• Working knowledge and experience with US investment structures (specifically 1940 Act products).
• Strong understanding of tax treatments of various securities transaction types.  Stays current and adapts to changes in the regulatory and technological environment.
• Strong research and analytical skills including the ability to synthesize quantitative and qualitative data to draw conclusions and assist on decision making.  Exercises independent judgment.
• Self-starter with the ability to take initia