Alternative Investments Tax Analyst

Tax Analyst

The Fund Administration practice of U.S. Bank Global Fund Services (USGFS) 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 companies.

In today's complex, dynamic legal and regulatory environment, clients demand to be serviced by tax professionals who understand the industry, investments and client goals. USGFS 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 :

• Prepare alternative investment taxable income calculations, including book-to-tax differences, dividend analysis, allocations to partners and provisions.
• Prepare IRS Forms 1099s, 1120, 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.
• Research tax technical and Financial Reporting guidance and requirements.
• Research and prepare foreign withholding tax refund requests.
• Set-up new partnerships and partners in the tax return preparation software.
• Calculate monthly, quarterly, semi-annual and / or annual federal, and if applicable, state estimated tax payments.
• Prepare estimates on a quarterly, semi-annual or yearly basis as requested by clients.
• Prepare FATCA / CRS informational returns and research requirements.

Basic Qualifications :

Preferred Skills / Experience :

The role offers a hybrid / flexible schedule, which means there's an in-office expectation of three (3) or more days per week.

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) :

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.

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 : $60,435.00 - $71,100.00