Municipal Arbitrage & Rebate Analyst

Baker Tilly Canada; Indianapolis (IN); On-site; USD 55,000 - 91,000; Full time

Job summary

Baker Tilly Canada in Indianapolis is seeking an Arbitrage Rebate Analyst to support municipal clients by performing detailed arbitrage calculations and reporting related to tax-exempt bonds. You will gather financial data, conduct analyses, prepare client reports, and stay current with IRS arbitrage rules, communicating insights and compliance guidance to help manage liabilities.

This office-based role may require occasional travel to client sites; a Bachelor's in a relevant field and strong

Qualifications

• Bachelor's degree in accounting, finance, mathematics, statistics or related field.
• CPA certification preferred but not mandatory.
• 1 year of related consulting or accounting experience.
• Familiarity with municipal bonds, arbitrage rules, and IRS rebate requirements.
• Proficiency in Excel and Word and financial modeling software.

Responsibilities

• Data Analysis: Gather, review, and analyze financial data related to bond issuance and investments.
• Arbitrage Calculations: Perform calculations to determine arbitrage rebate and yield restriction liabilities.
• Report Preparation: Prepare detailed reports summarizing arbitrage findings and potential liabilities.
• Research and Compliance: Stay current with tax laws and IRS regulations for municipal bonds.
• Client Communication: Explain arbitrage rebate requirements and discuss strategies with municipal clients.

Skills

Data analysis

Excel

Financial modeling

Analytical thinking

Communication skills

Time management

Education

Bachelor's degree in accounting, finance, mathematics, statistics or related field

Tools

Excel

Word

Financial modeling software

Job description

Baker Tilly Canada in Indianapolis is seeking an Arbitrage Rebate Analyst to support municipal clients by performing detailed arbitrage calculations and reporting related to tax-exempt bonds. You will gather financial data, conduct analyses, prepare client reports, and stay current with IRS arbitrage rules, communicating insights and compliance guidance to help manage liabilities.

This office-based role may require occasional travel to client sites; a Bachelor's in a relevant field and strong