Sr. Manager, Investment Tax

Requisition Number: 75585

Position Title:

External Description:

About this Position

We are seeking an adaptable and innovative tax senior manager to join our Investment Tax team.   

You will join a team committed to operational excellence and a shared sense of purpose in serving the organization and our clients.  You will be challenged to manage risk and optimize processes by engaging with a variety of internal teams and external partners and vendors.

You will manage and review tax provisions, distribution calculations, qualification requirements, shareholder tax reporting and tax compliance for mutual funds and ETFs.  You will also apply taxation of financial products knowledge to fund holdings.  We utilize an external tax service provider which will require your oversight.  We have significant engagement with front office personnel, and you will respond to their inquiries.  You will use your technology skills to identify and automate tax operational tasks.

Role Summary

Works with senior management to ensure compliance with tax regulations. Demonstrates extensive knowledge of tax best practices and a specialized understanding of the end-to-end tax processes and has a conceptual understanding of which tools and systems are used in resolving associated issues. Advises and guides less experienced professionals and may direct their work.

Responsibilities

• Ensures tax financial disclosure is in accordance with generally accepted accounting principles. In partnership with management, establishes the organization's tax strategy and is accountable for ensuring the implementation of that strategy while minimizing regulatory and audit risk.
• Performs the research, analysis, and interpretation of tax laws and cases to provide management with recommendations and opinions by applying tax concepts
• Works directly with inside and outside counsel to develop tax planning strategies and tax return filing positions. Uses strategic relationships to influence at all levels of the organization. Liaises with lines of businesses and vendors to ensure proper calculation and reporting of tax information.  Oversees tax service provider.
• Responsible for providing guidance to junior team members to improve their performance.

Qualifications

Required:

• Bachelor's degree AND
• 8+ years of total relevant work experience

Preferred:

• Expertise in regulated investment company and financial product taxation
• Experience with technology tools including advanced Excel functions, Power BI, and Alteryx
• Advanced degree such as Masters of Tax, JD or LLM
• CPA or licensed attorney

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to two days per week from home.

City:

State:

Community / Marketing Title: Sr. Manager, Investment Tax

Company Profile:

Location_formattedLocationLong: Maryland, US

CountryEEOText_Description: Commitment to Diversity, Equity, and Inclusion: We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day. Benefits: We invest in our people through a wide range of programs and benefits, including: • Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions • Flexible and remote work opportunities • Health care benefits (medical, dental, vision) • Tuition assistance • Wellness programs (fitness reimbursement, Employee Assistance Program) Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering. T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.