Sr. Manager, Tax

Join to apply for the Sr. Manager, Tax role at Charles Schwab .

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.

We believe in the importance of in‑office collaboration and fully intend for the selected candidate to work onsite in one of the specified locations.

The Tax Team within Schwab Asset Management (SAM) is primarily responsible for all tax matters relating to Schwab’s proprietary mutual funds, exchange‑traded funds (ETFs), and alternative products. The Tax Team is looking for a Senior Manager to support their growing team. This individual is responsible for ensuring the various tax requirements and regulations are satisfied for these products and works with other SAM departments on an ongoing basis. The role requires partnering with portfolio managers, product managers, fund accounting, trade operations, independent auditors, and financial reporting representatives. This person will document, implement and monitor internal controls for new products and securities, stay abreast of regulatory changes, and implement those changes. The Senior Manager will also be an active participant in new product initiatives and current product business changes. This is an individual‑contributor role.

Primary Responsibilities

• Responsibility for tax matters, including establishing tax policies for alternative product types and non‑traditional asset classes such as partnerships.
• Help oversee tax services of outside service providers to ensure deliverables are complete, accurate, and provided on time; assist with performance evaluation and recommend changes when necessary.
• Maintain internal control documentation and assist with the documentation of tax legal positions (ASC 740).
• Lead the financial statement audit process as it relates to the review of taxable income calculations and preparation of annual tax disclosures.
• Assist with the development, implementation, and documentation of new products and completion of new product strategies; perform or assist in technical research and analysis related to domestic and foreign tax issues affecting various product and investment types, fund qualification and compliance matters, and develop practical solutions.
• Lead the development and implementation of tax accounting and reporting policies and continually improve procedures to facilitate proactive identification, management, and resolution of tax issues.
• Lead the year‑end excise tax distributions process.
• Lead the shareholder tax reporting process.
• Review various tax filings (e.g., Federal, state, foreign, partner) and ensure timely and accurate filing.
• Work closely with other departments within Schwab and outside service providers such as fund accounting, portfolio management, marketing, transfer agency, financial reporting, product teams, sales strategy, inside counsel, independent auditors, and external tax authorities.

Required Qualifications

Preferred Qualifications

What’s in it for you

At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our hybrid work and flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.

Benefits

In addition to the salary range, this role is also eligible for bonus or incentive opportunities.

#J-18808-Ljbffr