As a
Tax Analyst , you will support the tax compliance of mutual fund products by assisting with the preparation and review of complex federal and state tax provisions and returns. Working under manager supervision, the position contributes to accurate reporting and adherence to regulatory requirements in a highly regulated environment. It offers hands-on exposure to end-to-end tax processes and the opportunity to deepen expertise in investment and mutual fund taxation.
Position Responsibilities: - Prepare and review complex mutual fund tax provisions, audit workpapers, and federal, state, and foreign tax returns.
- Analyze portfolio holdings and complex securities (e.g., derivatives, partnerships, REITs, PFICs) and manage related tax treatments and adjustments.
- Perform earnings & profits calculations, book-to-tax analyses, distribution impacts, RIC qualification, and shareholder tax reporting (including 1099s).
- Collaborate cross-functionally with Treasury, Financial Reporting, Investment Operations, IT, custodians, and Portfolio Managers; support system and process improvements.
- Support governance and risk management through internal controls, tax disclosures, fund merger analysis, mentoring of analysts, and ongoing tax research and strategy recommendations.
Qualifications:- Bachelors degree in Accounting or Finance.
- 2-4 years prior tax or mutual fund accounting experience necessary.
- Ability to understand financial statements and related reports and spreadsheets.
- Proficiency in Microsoft Excel, use of macros, and Word required
- Understanding of mutual fund related tax code sections, forms and elections, and tax adjustments of securities.
- Must be able to demonstrate knowledge of standard RIC tax adjustments.
- Ability to communicate well across all mediums and with both internal and external relationships.
- Organizational skills necessary to meet deadlines, prioritize projects, and process several projects simultaneously.
- Strong analytical skills and ability to work well in a changing environment
When you join our team:- We'll empower you to learn and grow the career you want.
- We will acknowledge and assist you in an adaptable setting where wellness and diversity go beyond mere words.
- As a member of our distributed team, we'll assist you in crafting the future you envision.
The role being advertised is an existing vacancy.
Referenced Salary LocationBoston, Massachusetts
Working ArrangementHybrid
Salary range is expected to be between$61,875.00 USD - $103,125.00 USD
Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [redacted] for the salary range for your location.
Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.
We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.
Company: John Hancock Life Insurance Company (U.S.A.)
