Finance - Gain & Loss Analyst - Tax Operations

Northpointe Staffing Professionals; South Jordan (UT); On-site; USD 60,000 - 80,000; Full time

Job summary

Northpointe Staffing Professionals seeks a detail-oriented analyst for the Gain & Loss and Tax Operations teams within Wealth Management. You will maintain basis records and produce gain/loss reporting for client accounts, while ensuring regulatory compliance with IRS requirements.

You will collaborate with cross-functional teams to reconcile system discrepancies, support cost basis and withholding reporting, and assist in testing strategic platform initiatives.

Qualifications

• Bachelor's degree in a Business field or experience in the Financial Industry.
• Understanding of general accounting principles as they apply to the industry.
• Understanding of general process controls, with knowledge of database, spreadsheet applications, and data modelling, including Microsoft Excel, Access and other Office applications.
• Superior Communication Skills, both oral and written.

Responsibilities

• Maintain basis records and provide Gain/Loss reporting for Wealth Management client accounts.
• Support compliance with IRS regulations for Wealth Management and Institutional clients.
• Collaborate with cross-organizational operations teams to reconcile discrepancies between processing systems and ensure accuracy of regulatory reporting (cost basis and withholding).
• Assist with testing of strategic platform initiatives and drive efficiency via automation (Alteryx, UI Path, EUC tools).

Skills

Time management

Interpersonal skills

Problem solving

Attention to detail

Decisive judgment

Independent work

Team collaboration

Education

Bachelor's degree in business or related field

Tools

Microsoft Excel

Access

Office applications

Job description

The Gain & Loss department maintains basis records and provides Gain/Loss reporting for assets held in Wealth Management customer accounts.

The Tax Operations team handles all reporting obligations for the Firms Wealth Management and Institutional clients, and is responsible for ensuring compliance with the IRS regulations.

The Tax teams work closely with cross-organizational operations teams, handle related queries, reconcile discrepancies between various processing systems, ensure accuracy of regulatory reporting (e.g. cost basis and withholding), and support requirements and testing of strategic platform initiatives. The department has a major focus on automation and works closely with technology and continually look for ways to improve efficiency and reduce risk through Alteryx, UI Path, and EUC tools when resolution isn't immediately available systemically.

Requirements:

• Ability to work independently well within a team environment.
• Excellent Time Management, Interpersonal, and Problem-Solving Skills.
• Ability to concurrently manage multiple projects, and prioritize effectively to meet tight and enforced Operational and annual deadlines for the firm.
• Attention to detail and quality of work.
• Ability to consistently exercise sound and decisive judgment.
• Commitment to personal development.

Qualifications:

• Bachelors Degree in a Business field and/or experience in the Financial Industry.
• Understanding of general accounting principles as they apply to the industry.
• Understanding of general process controls, with knowledge of database, spreadsheet applications, and data modelling, including Microsoft Excel, Access and other Office applications.
• Superior Communication Skills, both oral and written.