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 Tax Manager – Investment Product to join our Tax team. The primary responsibilities of our team include overseeing tax compliance and providing internal consulting across our fund complex. In this role, you will leverage your subject matter expertise to advise and collaborate closely with Portfolio Managers, Account Managers, Transfer Agents, Legal, Compliance, Product Managers, and other internal and external stakeholders. Reporting to the Head of Fund Administration, you will serve as the key tax advisor for our Canadian funds’ business, which includes mutual funds, closed-end funds, institutional trusts, and alternative fund structures.
Location
Toronto, Canada
About You
If the following qualities resonate with you, we encourage you to apply for this exciting opportunity. At PIMCO, we offer a dynamic work environment where you will have the chance to make a meaningful impact:
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Exceptional Organizational Skills and Resourcefulness: You excel in managing multiple projects with outstanding organizational and project management abilities. Your critical thinking skills enable you to solve complex problems creatively and resourcefully. You are self-motivated, committed to excellence, and demonstrate strong attention to detail, along with excellent interpersonal and communication skills.
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Adaptability and Collaboration: You thrive in dynamic, fast-paced environments, adept at navigating shifting priorities and ambiguity. Collaboration is key to your approach, as you build positive relationships and work effectively across diverse teams. Your emotional intelligence, adaptability, and resilience equip you to manage unstructured processes and demanding responsibilities successfully.
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Integrity and Continuous Learning: Your actions reflect high ethical standards and integrity, earning you credibility and trust. As an intellectually curious individual, you are dedicated to professional development and staying abreast of industry trends.
Responsibilities
The key responsibilities include, but are not limited to providing tax expertise in the following areas:
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Product design and development.
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Fund qualification issues.
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Tax aspects of fund documents (prospectus, SAI, shareholder reports).
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Shareholder tax reporting matters.
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Financial instruments and transactions related to fund investments, including:
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Fixed income and equity securities,
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Derivatives, including foreign currency derivatives,
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Structured finance (asset-backed and mortgage-backed securities, grantor trusts, REMICs, CMOs, CDOs, CLOs, and other credit derivatives), and
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Distressed debt instruments.
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Alternative investments (commodities, CPI-linked instruments, real estate loans).
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Manage key tax processes including fund distributions, fiscal year-end tax calculations, and other tax deliverables prepared by a third-party service provider.
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Oversee financial statement audits.
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Consult with other PIMCO departments on technical tax matters related to product development, implementation, distribution, regulatory compliance, and ongoing operations.
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Participate in researching relevant tax regulations, rulings, and procedures and applying interpretations to various financial transactions, trading strategies and fund structuring.
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Provide support on international tax issues as a needed.
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Embody PIMCO's values of Collaboration, Openness, Responsibility, and Excellence, guiding our commitment to delivering the best for our clients and each other.
Qualifications
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Minimum of a bachelor’s degree or equivalent is required.
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Minimum of 7 years of experience within a Big 4 accounting firm or equivalent industry experience focused on Canadian investment fund tax and operations.
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Deep understanding of the Canadian Income Tax Act, relevant Canadian tax regulations, and international tax treatises.
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Strong working knowledge of various Canadian fund structures, including mutual funds, closed-end funds, ETFs, and alternative investment products.
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Experience in identifying tax risks and developing compliance frameworks.
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Knowledge of filing requirements for Canadian mutual funds, including annual returns and disclosures to the Canada Revenue Agency (CRA).
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Proven track record of engaging with external auditors and Canadian regulatory bodies, including the Ontario Securities Commission (OSC).
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Working knowledge of the regulatory requirements and standards relating to retail and institutional funds.
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Familiarity with the role of Canadian regulatory bodies in overseeing mutual funds.
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Proficiency in tax software and financial modeling tools, as well as familiarity with data analytics tools.
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Broad knowledge of accounting and tax principles.
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Commitment to identifying process improvements and implementing best practices.
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Ability to embrace and adapt to an ever-changing regulatory and technological environment.
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Demonstrated ability to communicate complex tax issues clearly and concisely to a wide range of audiences.
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Strong business analysis and project management skills are required.
Desired Qualifications
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Knowledge of corporate and securities law.
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CPA, Master’s in Taxation, LLM or equivalent is highly desirable.
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Proficiency in both English and French.
Equal Employment Opportunity and Affirmative Action Statement
PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.
Applicants with Disabilities
PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.
