Mutual Fund Tax Supervisor at Elavon, Inc.

Milwaukee, Wisconsin, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Mar, 26

Salary

115500.0

Posted On

07 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Tax Management, Client Communication, Team Leadership, Tax Provisions, Regulatory Compliance, Problem Solving, Process Improvement, Technical Tax Issues, Mutual Fund Administration, Relationship Building, Verbal Communication, Written Communication, Risk Identification, Mentoring, Training, Project Coordination

Industry

Financial Services

Description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description This role is responsible for managing day-to-day RIC tax work, ensuring client timelines and deliverable dates are met. The position involves reviewing tax work prepared by others, including fiscal and excise tax provisions, tax returns, and ICI primary/secondary/NRA for various fund families and fund types such as RICs, ETFs, CEFs, and BDCs. The individual will serve as the primary contact for clients, regulatory agencies, and auditors, responding to inquiries and requests. Additionally, this role leads and develops a team of 1–3 direct reports who prepare and/or review tax work, while handling technical tax issues and consulting with other tax supervisors and managers as needed. Key Responsibilities Manage day-to-day RIC tax work, client timelines, and deliverable dates. Review tax work including: Fiscal year-end tax provisions. Excise year-end tax provisions and determine excise distribution requirements. Forms 1120-RIC, 8613, and state filings. ICI Primary and FBAR reporting. Serve as the primary contact for client correspondence, regulatory agencies, and auditors. Routinely handle assigned client calls and communications. Lead and develop a team of 1–3 direct reports; mentor tax technical skills for grade levels 10, 11, and 12. Address tax technical issues and escalate matters to the tax director when appropriate. Contribute to tax policies and procedures; advocate for process improvements. Participate in tax team audits and training initiatives; conduct team trainings. Evaluate team controls, procedures, and processes for continuous improvement. Demonstrate strong communication and writing skills, problem-solving abilities, and a solution-oriented approach. Basic Qualifications Bachelor’s degree in accounting, finance, or related field. CPA certified or candidate. Eight or more years of experience in Mutual Fund Administration or related field (e.g., public accounting). Preferred Skills/Experience Ideally 5–8+ years of RIC tax experience. Thorough knowledge of operational issues involving mutual funds. Advanced understanding of legal, regulatory, and accounting principles impacting the mutual fund industry. Ability to successfully coordinate and follow through on short- and long-term projects. Excellent verbal and written communication skills. Proficiency in PC applications. Proven relationship-building skills. Strong tax technical foundation, risk identification, and resolution skills. Positive attitude and ability to foster respect among peers. The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants. Benefits: Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours): Healthcare (medical, dental, vision) Basic term and optional term life insurance Short-term and long-term disability Pregnancy disability and parental leave 401(k) and employer-funded retirement plan Paid vacation (from two to five weeks depending on salary grade and tenure) Up to 11 paid holiday opportunities Adoption assistance Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $98,175.00 - $115,500.00 U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies. Posting may be closed earlier due to high volume of applicants.

Responsibilities

The Mutual Fund Tax Supervisor manages day-to-day RIC tax work and ensures client timelines and deliverable dates are met. This role also involves reviewing tax work and serving as the primary contact for clients and regulatory agencies.