Specialist, Tax Rep & Compliance (Mutual Fund/ RIC Taxation)

Lincoln Financial Group Radnor , PA 19087

Posted 2 weeks ago

Alternate Locations: Philadelphia, PA (Pennsylvania); Radnor, PA (Pennsylvania)

Relocation assistance is not available for this opportunity.

Level: P2

Requisition #64704

About the Company

Lincoln Financial Group, a Fortune 250 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas - Life Insurance, Annuities, Retirement Plan Services and Group Protection - focus on supporting, preserving and enhancing over 17 million customer's lifestyles and retirement outcomes.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $238 billion in assets under management as of December 31, 2018.

Ranked one of the Best Large Employers in America by Forbes magazine, Lincoln Financial Group makes a serious investment in our employees' futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.

General Purpose of Job

This Tax Specialist- Mutual Funds role will serve as a resource to review tax provisions and related federal, state, and insurance income tax filings for Lincoln Financial Group's proprietary mutual funds and other assigned investment products. This role will be responsible to ensure the proper tax treatment of LFG's tax positions for this area of responsibility. S/he will also act as a resource to applicable internal/external stakeholders.

Responsibilities

Analysis and Review

  • Prepares and reviews LFG's mutual funds (RICs) tax provisions and related federal and state, income tax filings including ensuring completion of responsibility in an accurate and timely manner

  • Reviews internally or externally prepared federal/state tax returns for mutual funds. Monitors all filings for accuracy and completeness

  • Analyzes and prepares RIC shareholder tax reporting including Foreign Tax Credit and dividends qualifying for the Corporate Dividends Received Deduction

  • Collaborates effectively with applicable key stakeholders within Corporate Tax, Corporate Finance, Fund's Management and outside service providers to facilitate the accurate and timely completion of the Mutual Fund tax process

  • Provides support for tax planning efforts, including but not limited to, researching tax planning opportunities and measuring impact of these opportunities.

  • Monitors distributions to ensure compliance with IRS and SEC regulations including review of tax worksheets, estimated excise schedules, projections used for determining annual distributions, etc.

  • Reviews the analysis of RIC qualification tests including, but not limited to: addressing complicated issues related to the qualification tests; ensuring compliance tests are prepared accordingly; and ensuring issues are timely addressed with portfolio managers

Education

  • 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) - Minimum Required

Experience

  • 3-5 years comparable work experience in public accounting or the financial services industry preferred

  • Proficiency in or knowledge of taxation and Generally Accepted Accounting Principles (GAAP) including, but not limited to

o knowledge of mutual fund accounting

o federal income tax within the financial services industry

o experience in RIC or securities taxation #DS-LI

This position may be subject to Lincoln's Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln's current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.

Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.

Lincoln Financial Group ("LFG") is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information. Applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.

#[[customString5]]

Nearest Major Market: Philadelphia

Job Segment: Accounting, Compliance, Tax, Corporate Finance, Finance, Legal

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Director Manufacturing Quality And Compliance

Avantor

Posted 2 days ago

VIEW JOBS 10/28/2020 12:00:00 AM 2021-01-26T00:00 Job Summary The IT Director Production, Quality and Compliance is end-to-end responsible on global level for the application systems in the areas assigned to him/her. In this position he/she reports to the VP of Application development reporting into the Enterprise Services organization of Avantor. To meet the growing expectations of the business, this role is responsible for defining and driving a proper application strategy, streamlining the processes and implementing them in our ERP systems. These applications are currently based upon multiple SAP ECC & S4/Hana applications but also include proprietary/ custom applications outside SAP and an external quality system. This application strategy should result in a roadmap for the Avantor application landscape which is capable to support new business requirements and additional acquired organizational units. In addition, this role is responsible for partnering with business stakeholders to drive improvements. Participation in several (international) taskforces and global/local projects is a key component of the role. Given the scope of the organization some applications are subject to ITAR, GMP and/or Pharma related regulations. MAJOR JOB DUTIES AND RESPONSIBILITIES (List in order of importance) * Be a trusted partner for our business stakeholders * Set goals and strategies for critical technologies and initiatives * Managing a global IT team responsible for the various sub-areas. Prioritize the work for the team * Develop , design and implement new processes on existing 3rd party applications and custom software development * Drive Continuous improvement of existing processes * Build and maintain relationships within the Enterprise Services department * Participate in and lead (global/local ) projects * Help driving our company through the S4/HANA journey and execute our application service roadmap accordingly * Performs other duties as assigned QUALIFICATIONS (Education/Training, Experience and Certifications) * Requires 4-year college degree or equivalent work experience. Master's degree preferred or equivalent work experience * 10+ years' experience in IT ERP application systems * Minimum of 5 life-cycle implementations of SAP, preferably in an international environment * SAP ECC6.0 (10+ years' ) and S4/HANA experience (3-5 years') is required * Experience in developing the strategy and executing a SAP transformation program from ECC to S4 * Knowledge of other related applications (SAP/GTS, LIMS system, label requirements and compliant shipment documentation, dangerous goods handling) * Minimum 5 years progressive leadership experience in IT or similar environment * Experience leading IT professionals required * SAP Certifications and/or courses work a plus * Experience in business process re-engineering or process improvement * Experience of validated systems and audits is certainly preferred * Warehouse and Inventory Management expertise is not a must but preferred * Must be a US person (1) located on US soil (ITAR) (1)a natural person who is a lawful permanent resident as defined in 8 U.S.C. 1101(a)(20) or who is a protected individual as defined by 8 U.S.C. 1324b(a)(3) KNOWLEDGE SKILLS AND ABILITIES (Those necessary to perform the job competently) * Knowledge of SAP best practices and SAP Implementation Methodology desirable * Proven proficiency / knowledge (10+ years) in following areas * SAP production and production planning processes * SAP quality management processes * Compliance & Quality Assurance processes * Master data objects in SAP PP and QM * Strong technical analysis skills for creating optimal solutions for the business * Strong technical and functional knowledge and ability to express complex technical concepts in terms understandable to the business * Good understanding of the integration points across SAP modules * Hands-on system * Effective communication (written and oral) and interpersonal skills. * Ability to work effectively in a multi-tasking stressful environment, working independently and prioritizing work * Must have strong teamwork skills and the ability to develop working relationships * Must be able to communicate with all levels of management as well as to employees in the business * Must be highly motivated, have a great work ethic and enjoy working as part of an international team ENVIRONMENTAL WORKING CONDITIONS & PHYSICAL EFFORT (Under Typical Positions) * Typically works in an office environment with adequate lighting and ventilation and a normal range of temperature and noise level. * A frequent volume of work and deadlines impose strain on routine basis. * May intermittently travel domestically, international travel is unlikely. * A certain flexibility of working hours is expected. * Minimal physical effort is required. Work is mostly sedentary but does require walking, standing, bending, reaching, lifting or carrying objects that typically weigh less than 10 lbs. DISCLAIMER: The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer. EEO Statement We are an Equal Employment/Affirmative Action employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at TalentManagement@avantorsciences.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address. For more information about equal employment opportunity protections, please view the Equal Employment Opportunity is THE LAW Poster, EEO is the Law Poster Supplement, and Pay Transparency Non-Discrimination Provision using the links below. EEO is the Law OFCCP EEO Supplement PAY TRANSPARENCY NONDISCRIMINATION PROVISION 3rd party non-solicitation policy By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation Avantor Radnor PA

Specialist, Tax Rep & Compliance (Mutual Fund/ RIC Taxation)

Lincoln Financial Group