Manager – Tax (Regulated Funds) at PIMCO

Newport Beach, California, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Jun, 26

Salary

135000.0

Posted On

09 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Tax Advisory, 40Act Expertise, Subchapter M Qualification, Diversification Tests, Income Sourcing, Distribution Requirements, Tax Optimization, Fund Documentation, Tax Compliance, Excise Tax Calculations, Shareholder Tax Matters, Investment Analysis, Risk Management, Process Excellence, Automation, Data Integrity

Industry

Investment Management

Description

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns. Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients. Position Overview We are seeking a Manager to join our Funds Tax team to support our U.S. regulated investment company (“RIC”) platform. The team is responsible for overseeing tax compliance, providing strategic tax advisory support, and partnering with investment and product teams across the lifecycle of our registered funds. In this role, you will leverage subject matter expertise in 40Act fund taxation and Subchapter M of the Internal Revenue Code to help generate tax alpha, mitigate risk, and ensure operational excellence across a complex fund platform. You will collaborate closely with Portfolio Management, Fund Accounting, Transfer Agents, Legal, Compliance, Product, and external service providers, serving as a trusted tax advisor across pretrade through posttrade activities. As a Tax Manager, you will support a large and diverse U.S. regulated funds business comprising 200+ products, including openend mutual funds, closedend funds, ETFs, and variable annuity funds. You will play a critical role in evaluating tax implications throughout the pre-trade through the post-trade cycles while identifying opportunities for tax optimization and process improvement. Location New York, NY, Austin, TX, or Newport Beach, CA. Responsibilities The key responsibilities include, but are not limited to providing tax expertise in the following areas: Tax Advisory & 40Act Expertise Serve as a subject matter expert on U.S. RIC taxation, including Subchapter M qualification, diversification tests, income sourcing, and distribution requirements. Advise on fund qualification and operational tax matters across openend, closedend, ETF, and variable products. Evaluate tax implications of investment strategies and trading activity across the pretrade through posttrade lifecycle, identifying opportunities to enhance aftertax outcomes. Provide tax input on fund documentation, including prospectuses, SAIs, shareholder reports, and regulatory filings. Compliance, Reporting & Shareholder Tax Matters Oversee tax compliance processes, including: Fund distributions Fiscal yearend tax provisions Calendaryear excise tax calculations Review and manage work prepared by thirdparty tax service providers. Support all tax matters related to financial statement audits. Advise on shareholderlevel tax matters, including Forms 1099, QDI, FTC, DRD, and flowthrough reporting to foreign investors. Investment & Instrument Coverage Analyze tax treatment of a broad range of investment instruments, including: Fixed income and equity securities Derivatives, including foreign currency instruments Structured products (ABS, MBS, REMICs, CMOs, CDOs, CLOs, grantor trusts) REITs PFICs Distressed debt Alternative investments (commodities, CPIlinked instruments, real estate loans) Controls, Risk Management & Process Excellence Apply a strong controloriented and auditready mindset to tax reporting and compliance processes. Maintain and enhance internal controls, including review procedures, signoffs, and data integrity checks. Conduct proactive reviews to identify control gaps, tax risks, data quality issues, and process inefficiencies. Ensure tax processes are fully documented, including process maps, data flows, control points, and evidence retention standards. Technology, Automation & Analytics Identify opportunities to digitize and automate tax workflows across the fund complex. Leverage tools such as Alteryx, Power BI, and advanced Excel to streamline processes, improve data quality, and reduce manual intervention. Partner with internal stakeholders to modernize the tax operating model and support scalable growth. Qualifications Minimum of a bachelor’s degree required; CPA or LLM highly desirable Minimum 5+ years of experience in Big 4 or equivalent industry roles with a focus on mutual fund / RIC taxation Deep working knowledge of: 1940Act regulated funds Subchapter M Common RIC booktotax differences Broad understanding of accounting and tax principles; familiarity with federal securities laws is a plus Proven ability to communicate complex tax concepts clearly to both technical and nontechnical audiences Strong analytical, project management, and stakeholdermanagement skills Advanced Excel capabilities (Power Query, pivot tables, macros/VBA, reconciliation techniques) Demonstrated ability to apply riskbased judgment when evaluating tax positions, new products, data inputs, and regulatory developments Comfortable operating in a dynamic regulatory and technologydriven environment PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance. Salary Range: $ 120,000.00 - $ 135,000.00 Equal Employment Opportunity and Affirmative Action Statement PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws. Applicants with Disabilities PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

Responsibilities

The role involves serving as a subject matter expert on U.S. Regulated Investment Company (RIC) taxation, including Subchapter M qualification, and advising on fund qualification and operational tax matters across various product types. Key duties include overseeing tax compliance processes like distributions and year-end provisions, and analyzing the tax treatment of diverse investment instruments.