Tax Analyst

Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

Every day, we seek to improve financial security for people. Joining our Tax Team within our Fund Administration department in the Global Operations division means you will be a part of a passionate and supportive team that believes what we do matters to our clients and investors.

You will be responsible for the review of US Mutual Funds, US Exchange Traded Funds and US Alternative Investments tax returns and the calculation of dividends to be paid from these funds.  This position will also perform reviews to ensure that all funds adhere to regulations outlined in IRC code section 851 and are taxed as regulated investment companies. You will work closely with other associates to apply all tax regulations in the preparation of tax provisions for various entities. 

The responsibilities of the individual in this position include:

• Preparation of workpapers for all tax returns (Forms 1120-RIC, 5500, 8613 and 1065)
• Working closely with external vendors (fund accounting, fund auditors, foreign tax agents) to ensure that information related to tax deliverables is on time and accurate
• Review of compliance and testing as it relates to IRC Section 851
• Review specific M-1 tax adjustments (PFIC, Wash Sales, Straddles)
• Review of shareholder year end reporting (Form 1099-DIV, supplemental shareholder reports)
• Design, develop, and implement process changes due to changing tax law or product initiatives
• Preparation/review of monthly capital gain dividend estimates

• Managing the scheduling and review of all tax returns (Forms 1120-RIC, 5500, 8613 and 1065)
• Scheduling and reviewing the preparation of monthly, quarterly and annual dividend calculations
• Coordination and review of quarterly estimated client K-1s
• Work closely with other internal teams and external auditors to prepare the tax footnote disclosures required for annual reports
• Coordinate the reporting requirements with custodians and foreign tax agents for processing of tax reclaims

The successful candidate will have extensive demonstrable skills and experiences including the following:

• Bachelors Degree in Accounting preferred (or equivalent experience).
• 2 – 4 years of experience preferred within the asset management or financial services industry
• Certified Public Accountant preferred
• Understanding of Internal Revenue Code and Federal Tax Regulations – IRC Subchapter M knowledge preferred
• Understanding of fund accounting for mutual funds, partnerships and commingled funds is a plus
• Strong ability to prioritize, organize and work independently
• Solves and analyzes problems effectively, with a process for decision making
• Has the ability to understand and appropriately apply principles, procedures, requirements, regulations, and policies related to specialized expertise
• Intermediate proficiency with Excel including pivot tables, VLOOKUP, data filtering, data validation and conditionally formatting
• Strong analytical skills with ability to critically assess and interpret data
• Should be precise with meticulous attention to detail
• Ability to communicate clearly and build trusted relationships with others
• Exhibits ability to take on new opportunities and tough challenges with a sense of urgency and enthusiasm
• Exhibits ability to be a collaborative team player with the ability to interact well with all levels of internal and external personnel and adapt to rapidly changing requirements

This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation,  past or present unemployment status , or any other characteristic protected by law.