MAJOR RESPONSIBILITIES:1. Plan and monitor tax department activities and provide review and guidance in regards to the preparation of:Fiscal and excise tax provisions, including complete and accurate disclosures (ie. ROCSOP, 60 day IRS Notices) for financial statement purposes, as well as, verifying the accuracy of proposed excise and subchapter M distributions; Federal (Forms 1120RIC, 8613, 1065, K-1 and other applicable filings) and state tax returns; Year-end shareholder information in accordance with IRS timetables.2. Identify potential tax issues and provide guidance on the tax treatments of complex financial instruments and transactions.3. When necessary, perform a review of the IRS regulated investment company (RIC) qualification tests and provide guidance under IRC section 852.4. Monitor federal and state tax law changes by referencing resources such as CCH and becoming involved in outside tax committees.5. Through research, propose enhancements to fund policies and procedures to address evolving RIC and security tax laws.6. Develop supervisors and staff through technical training and providing assignments that are challenging and thought provoking. In addition, allow supervisors to become more visible to the client through their participation in meetings and involvement in client specific issues.7. Conduct semi annual performance reviews for supervisors by providing timely and concise feedback. This process includes developing clear objectives and a development plan for each supervisor to follow.8. Hire and maintain, a well educated, experienced diverse workforce.
Qualifications EDUCATION:BS in Accountancy or Finance is required, CPA and/or MST is preferred.EXPERIENCE:Five to Seven Years of RIC Tax experience required. Three years of supervisory experience necessary.SKILLS AND KNOWLEDGE:Thorough knowledge of RIC taxation and security tax law; Solid understanding of general tax concepts outside of the RIC field (ie calculation of foreign tax credit limitation, taxability of reorganizations etc.); Ability to challenge the status quo; Strong interpersonal skills; Advanced presentation skills; Ability to adapt quickly to change; Ability to identify opportunities for automation to increase efficiencies.
