Senior Mutual Fund Accountant

Principal Financial   •  

Kansas City, MO

Industry: Accounting, Finance & Insurance


5 - 7 years

Posted 87 days ago

This job is no longer available.


  • Responsibility for and oversight of all processes related to mutual fund tax such as tax provisions, distributions, income and excise tax returns, excise distributions calculations.
  • Oversight of the tax provision calculations and related disclosures in the financial statements, including ASC 740 analysis.
  • Responsibility for RIC qualification testing for quarterly and annual requirements.
  • Oversight of foreign tax requirements related to security holdings, including monitoring withholding and treaty rates, opening accounts in new markets, reclaim payments, and payment of capital gain tax.
  • Responsible for all daily, monthly, quarterly and annual income and capital gains distributions
  • Oversight of calendar year end 1099 process and related disclosures.
  • Provide analysis of tax implications related to any new products or investments
  • Oversight of complex security analysis, including the review of new security prospectuses and term sheets.
  • Maintain a current understanding of tax requirements related to mutual funds and related investments and tax structures.
  • Maintain tax department technical analysis memos and make decisions/recommendations related to tax positions taken by the funds.
  • Maintain relationship with external audit firm.
  • Review tax related sections of prospectus and SAI, work with internal and external legal groups as needed.
  • Maintain relationships with internal and external partners including Financial Reporting, Fund Accounting, Legal, Transfer Agent and vendors.
  • Oversee periodic updates of procedures and internal control processes.
  • Prepare tax related communications for the Board of Directors.
  • Responsibility for and oversight of filing monthly, quarterly and annual shareholder taxreporting forms for both federal and state requirements.


  • Bachelor’s Degree in Accounting or Finance required 
  • Minimum 6 years of experience with ‘40Act/mutual fund/regulated investment company taxrequired 
  • Experience with complex tax adjustments such as those for derivatives, partnerships, and foreign blocker entities required 
  • Experience determining taxable income and distribution amounts required 
  • Experience establishing and maintaining an internal control environment required 

Job Level:

We are open to consider higher levels based on qualifications.