Manager, Investment Tax

Responsibilities

• Serves as a subject matter expert for tax implications related to ETF share class within a mutual fund.
• Supports portfolio management to employ tax-loss harvesting techniques to manage capital gains and optimize after-tax returns.
• 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.
• Maintains oversight of 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.
• Participates in joint coordination and management of 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.
• Represents 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.
• Partners 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

• Bachelor's Degree in Finance, Accounting, or Tax.
• 3-5 years of experience in Investment Management industry. ETF experience desired.
• CPA or CPA Candidate preferred, but not required.
• Working knowledge and experience with US investment structures (specifically 1940 Act products).
• Strong grasp on how ETF structures, such as in-kind redemptions and rebalancing, can lead to greater tax efficiency compared to traditional mutual funds.
• 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.
• Self-starter with the ability to take initiative, resolve problems effectively, and exercise independent judgement.
• Excellent time management and organizational/project management skills. Demonstrated ability to manage multiple projects and deadlines. Assists with projects and takes ownership. Ability to execute on strategic and operational initiatives.
• Ability to build key relationships within Finance and other professionals across the organization. Highly motivated, participative, and collaborative team player with strong interpersonal skills.
• Excellent verbal and written skills, with the ability to articulate and present a clear point of view on technical matters in clear, concise, and meaningful communications for various levels of the organization.
• Demonstrated ability to handle confidential, sensitive, and non-public information with discretion.
• Experience with tax technology tools preferred, e.g., Alteryx, PowerBI and similar solutions.