Mutual Fund Tax Accountant

Mutual Fund Tax Accountant page is loaded## Mutual Fund Tax Accountant locations:
Milwaukee, WItime type:
Full time posted on:
Posted Yesterday time left to apply:
End Date:
January 19, 2026 (3 days left to apply) job requisition :
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
** The Fund Administration practice of U.S. Bank Global Fund Services (USBGFS) provides value-added services to a robust and rapidly growing client base, which includes mutual funds, hedge funds, private equity funds, offshore funds and other investment  today’s complex, dynamic legal and regulatory environment, clients demand to be serviced by tax professionals who understand the industry, investments and client goals.  USBGFS tax professionals are trusted advisors to clients and accounting firms to develop and implement innovative tax planning solutions that optimize tax strategies and positions, as well as identify and mitigate risk.

The Tax Analyst works as part of a diverse team that supports our clients as well as being invested in your career growth.  As an integral part of the team, you are responsible for providing value-added services to investment companies and investment advisors.
As part of our duties as trusted advisors, our team members work collaboratively internally with in the firm, our clients, mid-sized, regional, and Big 4 accounting firms.  Through our in-house internal training program and mentorship, you will be supported in your role as you progress in your career here.

Key Responsibilities:

• Manage client timelines & meet deliverable dates.

• Research tax technical and Financial Reporting guidance and requirements.

• Routinely handle assigned client calls & correspondences.

• Review IRS Forms 1120-RIC, 8613, 1065 and Schedule K-1s along with any required state and local tax Forms.  Coordinate the distribution of necessary tax forms and supporting schedules to investors/partners.

• Prepare IRS Forms 1120-RIC, 8613, 1065 and Schedule K-1s along with any required state and local tax Forms for Complex Funds.  Coordinate the distribution of necessary tax forms and supporting schedules to investors/partners.

• Review mutual fund taxable income calculations, including book-to-tax differences for fiscal and excise tax purposes, in addition (i.e. wash sales, 1256 adjustments, §988 adjustments, PFIC adjustments and others) and arrive at taxable income for hedge funds and investment partnerships.

• Assist in the preparation of Forms of Form 1099-MISC.

• Review income and capital gain/loss estimates, including book-to-tax differences as requested by client   
• Review dividend distribution calculations.

• Strong advocate for updating tax technical processes & procedures.

• Mentor tax technical skills for grade levels 10 & 11.
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* Qualifications:

** Basic Qualifications  - Bachelor's degree in accounting or finance, or equivalent work experience  - Five to seven years of related work experience

Preferred Skills/Experience   
• Bachelor’s degree required. Accounting degree preferred.

• CPA certification or candidate a plus.

• General understanding of legal, regulatory and accounting principles in investment management industry a plus.

• Flexibility with work hours as required in supporting the clients’ needs.

• Demonstrates ethics and integrity, adhering to USBGFS’ core values and holds others accountable for upholding ethics and values.

• Is a team-oriented professional, interacting collaboratively with team members and others throughout the organization.

• Shows initiative, including eagerness to work on projects, with the ability to communicate with all people at all levels.

• Produces high-quality work that is accurate and…