Manager – Tax (Regulated Funds)

PIMCO•Newport Beach, CA

12h

About The Position

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns. Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients. Position Overview We are seeking a Manager to join our Funds Tax team to support our U.S. regulated investment company (“RIC”) platform. The team is responsible for overseeing tax compliance, providing strategic tax advisory support, and partnering with investment and product teams across the lifecycle of our registered funds. In this role, you will leverage subject matter expertise in 40Act fund taxation and Subchapter M of the Internal Revenue Code to help generate tax alpha, mitigate risk, and ensure operational excellence across a complex fund platform. You will collaborate closely with Portfolio Management, Fund Accounting, Transfer Agents, Legal, Compliance, Product, and external service providers, serving as a trusted tax advisor across pretrade through posttrade activities. As a Tax Manager, you will support a large and diverse U.S. regulated funds business comprising 200+ products, including openend mutual funds, closedend funds, ETFs, and variable annuity funds. You will play a critical role in evaluating tax implications throughout the pre-trade through the post-trade cycles while identifying opportunities for tax optimization and process improvement. Location New York, NY, Austin, TX, or Newport Beach, CA.

Requirements

Minimum of a bachelor’s degree required; CPA or LLM highly desirable
Minimum 5+ years of experience in Big 4 or equivalent industry roles with a focus on mutual fund / RIC taxation
Deep working knowledge of:
1940Act regulated funds
Subchapter M
Common RIC booktotax differences
Broad understanding of accounting and tax principles; familiarity with federal securities laws is a plus
Proven ability to communicate complex tax concepts clearly to both technical and nontechnical audiences
Strong analytical, project management, and stakeholdermanagement skills
Advanced Excel capabilities (Power Query, pivot tables, macros/VBA, reconciliation techniques)
Demonstrated ability to apply riskbased judgment when evaluating tax positions, new products, data inputs, and regulatory developments
Comfortable operating in a dynamic regulatory and technologydriven environment

Responsibilities

Serve as a subject matter expert on U.S. RIC taxation, including Subchapter M qualification, diversification tests, income sourcing, and distribution requirements.
Advise on fund qualification and operational tax matters across openend, closedend, ETF, and variable products.
Evaluate tax implications of investment strategies and trading activity across the pretrade through posttrade lifecycle, identifying opportunities to enhance aftertax outcomes.
Provide tax input on fund documentation, including prospectuses, SAIs, shareholder reports, and regulatory filings.
Oversee tax compliance processes, including:
Fund distributions
Fiscal yearend tax provisions
Calendaryear excise tax calculations
Review and manage work prepared by thirdparty tax service providers.
Support all tax matters related to financial statement audits.
Advise on shareholderlevel tax matters, including Forms 1099, QDI, FTC, DRD, and flowthrough reporting to foreign investors.
Analyze tax treatment of a broad range of investment instruments, including:
Fixed income and equity securities
Derivatives, including foreign currency instruments
Structured products (ABS, MBS, REMICs, CMOs, CDOs, CLOs, grantor trusts)
REITs
PFICs
Distressed debt
Alternative investments (commodities, CPIlinked instruments, real estate loans)
Apply a strong controloriented and auditready mindset to tax reporting and compliance processes.
Maintain and enhance internal controls, including review procedures, signoffs, and data integrity checks.
Conduct proactive reviews to identify control gaps, tax risks, data quality issues, and process inefficiencies.
Ensure tax processes are fully documented, including process maps, data flows, control points, and evidence retention standards.
Identify opportunities to digitize and automate tax workflows across the fund complex.
Leverage tools such as Alteryx, Power BI, and advanced Excel to streamline processes, improve data quality, and reduce manual intervention.
Partner with internal stakeholders to modernize the tax operating model and support scalable growth.