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Vice President - Financial Products Tax Manager (Regulated Funds)

LGBT Great
Newport, CA Full Time
POSTED ON 3/1/2025
AVAILABLE BEFORE 5/25/2025

Vice President – Financial Products Tax Manager (Regulated Funds)

at PIMCO

On-site Newport Beach, California, United States Full-time Posted 3 days ago

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 Vice President to join our Tax team. The primary responsibilities of our team include overseeing tax compliance and providing internal consulting across our fund complex. In this role, the Tax Manager will leverage their subject matter expertise in tax strategy to advise and collaborate closely with Portfolio Managers, Account Managers, Transfer Agents, Legal, Compliance, Product Managers, and others on technical tax matters. Reporting to the Head of Fund Administration, the candidate will serve as a key tax advisor for our U.S. regulated funds business, which comprises more than 200 different fund products, including open-end, closed-end, ETF, and variable annuity funds.

The candidate will provide market coverage and add value consulting with Portfolio Managers and Product Strategists throughout product design and the pre-trade through the post-trade cycles to explore additional opportunities for tax optimization.

About You

If the following qualities resonate with you, we encourage you to apply for this exciting opportunity. At PIMCO, we offer a dynamic work environment where you will have the chance to make a meaningful impact :

  • Exceptional Organizational Skills and Resourcefulness : You excel in managing multiple projects with outstanding organizational and project management abilities. Your critical thinking skills enable you to solve complex problems creatively and resourcefully.
  • Adaptability and Collaboration : You thrive in dynamic, fast-paced environments, adept at navigating shifting priorities and ambiguity.
  • Integrity and Continuous Learning : Your actions reflect high ethical standards and integrity, earning you credibility and trust.

Responsibilities

The key responsibilities include, but are not limited to, providing tax expertise in the following areas :

  • Advise on tax implications during the design and development of new fund products.
  • Address and resolve fund qualification matters to ensure compliance with regulatory requirements.
  • Review and provide input on tax-related content in fund documents, including prospectus, Statements of Additional Information, and shareholder reports.
  • Manage tax considerations related to shareholders, including Qualified Dividend Income, Foreign Tax Credits, Dividend Received Deductions, and flow-through taxation for foreign investors.
  • Analyze tax implications of various financial instruments and transactions related to fund investments.
  • Provide tax guidance on alternative investments.
  • Oversee key tax processes, including fund distributions and compliance with U.S. tax regulations.
  • Collaborate with PIMCO departments on technical tax matters.
  • Participate in researching relevant tax regulations and applying interpretations to various financial transactions.
  • Provide support on international tax issues as needed.
  • Analyze complex financial instruments and related structures to identify tax implications and opportunities for optimization.
  • Draft and review tax and legal documents with high technical proficiency.
  • Work closely with analysts, product teams, and portfolio managers to proactively integrate tax considerations into investment strategies.
  • Stay current on potential legislation and new tax regulations.
  • Provide expertise in analyzing corporate actions for taxability determination.
  • Qualifications

    Minimum of a Bachelor's Degree required, Minimum of 10 years of experience within a Big 4 accounting firm or equivalent industry experience focused on mutual fund tax and operations.

  • Strong working knowledge of U.S. mutual funds regulated under the 1940-Act.
  • In-depth understanding of complex financial instruments and related structures.
  • High technical proficiency in drafting / reviewing tax / legal related documents.
  • Ability to work closely with analysts, product teams, and portfolio managers.
  • Active involvement with industry organizations.
  • Expertise in analyzing corporate actions for taxability determination.
  • Broad understanding of accounting and tax principles.
  • Knowledge of federal securities law is desirable.
  • CPA or LLM is highly desirable.
  • Ability to embrace and adapt to a constantly changing regulatory and technological environment.
  • Proven ability to communicate complex tax issues clearly.
  • Strong business analysis and project management skills.
  • Compensation

    PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Salary Range : $150,000.00 - $225,000.00.

    Equal Employment Opportunity

    PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion, sex, sexual orientation, gender, age, military or veteran status, disability, or any factor prohibited by law.

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    Salary : $150,000 - $225,000

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