Director of Tax Reporting & Cost Basis

This job posting is anticipated to remain open for 30 days, from 21-Sep-2026. The posting may close early due to the volume of applicants.

The Director of Tax Reporting & Cost Basis will lead multiple teams within the Operations division responsible for maintaining accurate cost basis records, administering tax lot accounting, executing tax reporting processes, and delivering client tax documents and regulatory filings. The Director will set and execute the strategic direction for these functions, oversee operational performance and regulatory compliance, and lead transformational initiatives that improve scalability, efficiency, risk management, and the client experience. This role serves on the Custody & Client Reporting senior leadership team and partners across Operations, Digital, Legal, Compliance, Risk, Product, and Service organizations to advance firm priorities and deliver effective change.

What you'll do:

• Cost Basis Oversight
• Oversee cost basis calculations, tax lot accounting methodologies, and cost basis tracking for investment products.
• Oversee transfer cost basis, inherited asset cost basis adjustments, gifting transactions, corrections, exception resolution, and reconciliation activities.
• Manage the cost basis impact of corporate actions and reorganizations, including mergers, spin-offs, stock splits, return-of-capital events, and other security restructurings.
• Govern approved tax lot election methodologies and ensure accurate gain and loss information supports client and tax reporting.
• Maintain effective operational controls supporting the accuracy and integrity of cost basis records.
• Tax Reporting Oversight
• Oversee annual tax reporting production and delivery processes, including the production and distribution of client tax documents.
• Govern tax reporting data, client tax records, reporting controls, federal and state tax withholding reporting, and related reconciliations.
• Lead tax form validation, quality assurance, defect management, and reconciliations between books and records and tax reporting systems.
• Oversee regulatory filing deadlines, end-to-end tax reporting support, issue resolution, vendors, and service providers.
• Strategy, Transformation, and Digital Innovation
• Set and execute the strategy for tax reporting and cost basis as a senior leader within the Custody & Client Reporting capability.
• Lead transformational change across the tax reporting and cost basis functions, including platform modernization, process redesign, and operational improvement.
• Partner with Digital resources on the development and implementation of platforms and technology solutions that improve workflows and enhance branch and client experiences.
• Allocate resources and establish priorities to support current responsibilities and future business needs.
• Compliance and Legal Liaison
• Collaborate with Compliance and Legal teams to ensure tax reporting and cost basis activities adhere to SEC, FINRA, IRS, and other applicable requirements.
• Develop and maintain policies and procedures addressing operational risk, controls, due diligence, and investor protections.
• Oversee the interpretation and implementation of regulatory changes affecting tax reporting and cost basis.
• Leadership and Team Management
• Set goals, allocate resources effectively, and ensure associates are trained on operational processes, compliance requirements, and emerging industry trends.
• Mentor and develop leaders and associates while fostering accountability, collaboration, sound decision-making, and continuous improvement.
• Drive results through multiple teams and maintain clear ownership for operational performance, risk, controls, and change execution.
• Firm-Wide Collaboration
• Serve as the SME for tax reporting and cost basis, providing insights and recommendations to senior Operations leadership and other divisions.
• Work across divisions and the firm to align strategies, resolve complex issues, execute enterprise initiatives, and deliver shared outcomes.
• Represent Operations in cross-functional meetings and initiatives related to tax reporting and cost basis.

What you'll need:

• • Bachelor's degree in Finance, Business Administration, or a related field.
• 10+ years of experience within broker-dealer operations, custody, tax reporting, client reporting, or related financial services functions.
• Demonstrated experience leading multiple departments, functions, teams, and other leaders, with significant people responsibilities and a record of delivering results through others.
• Experience planning, setting strategy and direction, and leading enterprise-wide efforts.
• Experience leading large-scale transformation, technology modernization, and change management initiatives, including serving as a business leader for technology initiatives.
• Strong knowledge of broker-dealer operations, securities processing, cost basis, tax reporting, and operational risk management.
• Experience working with executive leadership and cross-functional stakeholders, including Compliance and Legal teams on regulatory matters.
• Demonstrated ability to anticipate future business needs related to capacity, talent, industry trends, and technology and to develop business cases aligned with firm strategies and objectives.
• Demonstrated ability to lead project leaders and internal and external stakeholders through complex issues, provide direction, and influence key decisions.
• Ability to develop a long-term vision while applying a practical day-to-day strategic approach to issues and challenges.
• SIE and Series 99 required within 89 days of start date (US); Series 7 required within 12 months of start date (US), Series 24 (U.S) and/or other certifications may be required depending upon specific responsibilities.
• Strong analytical, problem-solving, decision-making, communication, and interpersonal skills.

What will set you apart:

• • Advanced degree, such as an MBA.
• Deep knowledge of cost basis regulations, IRS reporting requirements, tax withholding regulations, and securities taxation.
• Experience with tax reporting platforms, vendor-provided solutions, regulatory examinations, audits, and compliance programs.
• Strategic vision for operational innovation and the ability to navigate complex regulatory environments, mitigate risk, and use technology to improve efficiency and the client experience.

Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.

Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act. Edward Jones is prohibited from hiring individuals with certain specified criminal history as set forth in Section 3(a)(39) and 15(b)(4) and Rule 17a-3(a)(12) of the Securities and Exchange Act of 1934, and conducts background reviews consistent with FINRA Rule 3110(e). A copy of a notice regarding the provisions of the Los Angeles County Fair Chance Ordinance is available at: dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf.