Mutual Fund Tax Supervisor

U.S. Bank National Association • Milwaukee, WI

3d • Onsite

About The Position

U.S. Bank Global Fund Services is seeking a future team member for the role of Mutual Fund Tax Supervisor position.
As a Mutual Fund Tax Supervisor you will be 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.

Requirements

• Bachelor's degree in accounting or finance, or equivalent work experience
• Eight or more years of related work experience

Nice To Haves

• 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.

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.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees