Tax Analyst

Business Unit : Global Operations

Salary Range :

$82,000 USD - $90,000 USD

Specific compensation will be based on candidate's experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

Job Description :

Every day, we seek to improve financial security for people. Joining our Tax Team within our Fund Administration department in the Global Operations division means you will be a part of a passionate and supportive team that believes what we do matters to our clients and investors.

You will be responsible for the review of US Mutual Funds, US Exchange Traded Funds and US Alternative Investments tax returns and the calculation of dividends to be paid from these funds. This position will also perform reviews to ensure that all funds adhere to regulations outlined in IRC code section 851 and are taxed as regulated investment companies. You will work closely with other associates to apply all tax regulations in the preparation of tax provisions for various entities.

The responsibilities of the individual in this position include :

• Preparation of workpapers for all tax returns (Forms 1120-RIC, 5500, 8613 and 1065)
• Working closely with external vendors (fund accounting, fund auditors, foreign tax agents) to ensure that information related to tax deliverables is on time and accurate
• Review of compliance and testing as it relates to IRC Section 851
• Review specific M-1 tax adjustments (PFIC, Wash Sales, Straddles)
• Review of shareholder year end reporting (Form 1099-DIV, supplemental shareholder reports)
• Design, develop, and implement process changes due to changing tax law or product initiatives
• Preparation / review of monthly capital gain dividend estimates
• Managing the scheduling and review of all tax returns (Forms 1120-RIC, 5500, 8613 and 1065)
• Scheduling and reviewing the preparation of monthly, quarterly and annual dividend calculations
• Coordination and review of quarterly estimated client K-1s
• Work closely with other internal teams and external auditors to prepare the tax footnote disclosures required for annual reports
• Coordinate the reporting requirements with custodians and foreign tax agents for processing of tax reclaims

The successful candidate will have extensive demonstrable skills and experiences including the following :

This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Equal Employment Opportunity

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status , or any other characteristic protected by law.