Financial Analyst - Gain and Loss Team

Lenmar Consulting Inc; South Jordan (UT); On-site; USD 65,000 - 95,000; Full time

Job summary

Lenmar Consulting Inc. is seeking a detail-oriented professional to join the US Tax Operations team.

The role focuses on ensuring regulatory reporting compliance and accurate cost basis processing for Wealth Management and Institutional client accounts. You will work closely with technology and operations to automate and improve controls.

Qualifications

• Bachelor's degree in business or related financial industry experience.
• Understanding of general accounting principles as they apply to the industry.
• Familiarity with databases, spreadsheet applications, and data modelling.
• Excellent written and verbal communication skills.

Responsibilities

• Handle reporting obligations and ensure compliance with IRS regulations.
• Maintain cost basis records and provide Gain/Loss reporting for assets.
• Collaborate with cross-organizational teams to resolve queries and reconcile discrepancies.

Skills

Time Management

Interpersonal Skills

Problem-Solving

Attention to detail

Judgment

Commitment to personal development

Education

Bachelor's Degree in Business

Tools

Microsoft Excel

Access

Job description

The US 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 team is primarily located in Utah with additional coverage in New York and India. The Gain & Loss department maintains cost basis records and provides Gain/Loss reporting for assets held in MS Wealth Management customer accounts. 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. We work 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.