Senior Associate, Mutual Fund Tax

KPMG LLP; Boston (MA); On-site; USD 90,000 - 120,000; Full time

Job summary

KPMG LLP is seeking a Senior Associate for our Business Tax Services practice in the Boston area. The role focuses on reviewing tax provisions and distributions for Regulated Investment Companies (RIC) and related disclosures, with emphasis on accuracy and compliance.

You will analyze investment income and expenses, securities transactions, and complex derivatives, contributing to the preparation of income and capital estimates for RIC distributions.

Qualifications

• Minimum of three years of experience in mutual fund tax.
• BS/BA in accounting/finance or equivalent work experience.
• Understanding of accounting and tax concepts, practices and procedures is required.
• Strong client service skills, team attitude and attention to detail.
• Ability to understand financial statements and fund accounting reports and spreadsheets.
• Proficiency in Microsoft Excel and Word.

Responsibilities

• Review tax provision and distribution work papers for Regulated Investment Companies (RIC), including tax provision, financial statement disclosures, and book-to-tax adjustments.
• Review work papers and documents to support client deliverables.
• Review disclosures in semi-annual financial statements.
• Review IRC asset compliance testing on a quarterly and annual basis.
• Participate in technical training to develop skills.
• Develop investment tax and other accounting skills.

Skills

Strong client service

Team player

Attention to detail

Education

BS/BA in accounting/finance

Tools

Microsoft Excel

Microsoft Word

Job description

KPMG is currently seeking a Senior Associate to join our Business Tax Services practice.

Responsibilities:

• Review of tax provision and distribution work papers for Regulated Investment Companies (RIC) including (but not limited to) the following: review Regulated Investment Company fiscal and excise tax provision work papers, review financial statement disclosures, and review annual book-to-tax adjustment analysis by examining the taxability of investment income/expenses, securities transactions, and complex derivatives including futures, options, and swaps; prepare income and capital estimates of RIC distributions
• Review work papers and other documents to support client deliverables
• Review disclosures included in semi-annual financial statements
• Review quarterly and annual IRC asset compliance testing
• Participate in technical training to develop skills
• Develop investment tax and other accounting skills

Qualifications:

• A minimum of three years of experience of mutual fund tax
• BS/BA degree in accounting/finance or equivalent work experience
• Understanding of accounting and tax concepts, practices, and procedures is required
• Strong client service skills, team attitude and attention to detail
• Ability to understand financial statements and fund accounting reports and spreadsheets
• Proficient in Microsoft Excel and Word