Tax Operations Analyst

Pyramid Consulting, Inc; Jersey City (NJ); Hybrid; USD 66,124 - 71,635; Full time

Job summary

A leading financial services firm is seeking a Tax Operations Analyst for a 12+ month hybrid contract in Jersey City, NJ. The ideal candidate will possess expertise in tax reporting, cost basis management, and have advanced Excel skills. Responsibilities include validating corporate actions and managing tax reporting processes. Interested candidates, please apply for immediate consideration.

Qualifications

• 5 years of tax information reporting experience in financial services.
• Proficiency in tax documentation management.
• Ability to perform under minimal supervision.

Responsibilities

• Validate taxability of corporate actions.
• Manage monthly 1099B reconciliation.
• Support year-end cost basis reconciliation.

Skills

Tax Reporting & Documentation Expertise

Cost Basis & Reconciliation Management

Advanced Excel & Analytical Skills

Strong verbal and written communication skills

Attention to detail

Education

Bachelor's Degree

Tools

Microsoft Office Access

Microsoft Excel

Broadridge systems

Job description

Overview

Immediate need for a talented Tax Operations Analyst. This is a 12+ months contract opportunity located in Jersey City, NJ (Hybrid). Job ID: 25-87530. Pay Range: $48 - $52/hour. Please review the job description below and contact me ASAP if you are interested.

Pyramid Consulting, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Key Responsibilities

• Candidate Success Factors: Results and Impact; Able to influence peers and team; Demonstrates good judgement when making decisions of high complexity and impact; Exercise appropriate autonomy in the execution and delivery of work; Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration: Creates trust with colleagues; Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus: Able to build relationships with a mix of colleagues and clients; Interacts regularly with management and department leaders; Demonstrates the ability to influence stakeholders at the team level.
• Compliance Culture and Conduct: Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts; Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
• Operational responsibilities include: Validate taxability of corporate actions using CCH and identify impacts to cost basis; Update cost basis engine for all voluntary corporate actions based on taxability; Manage monthly 1099B reconciliation for all reportable transactions; Manage daily front office inquiries regarding cost basis, taxability and reporting; Support remediation of cash reconciliation breaks in portfolio account system to support daily client reporting inquiries and daily bookings of corporate actions events for client reporting; Help validate/update cost basis on incoming transfer statements via CBRS or paper statements; Assist with generation of transfer statements for deliveries to external brokers via CBRS or paper; Assist with generation of request statements for incoming positions; Support year-end cost basis reconciliation; Adjust portfolio accounting system to reflect reclassification of income; Assist with review of all transfer bookings between books and records vs Cost basis engine; Cross-train and provide support to other divisions of the ITO Tax Operations department.

Key Requirements and Technology Experience

• Key Skills; Tax Reporting & Documentation Expertise
• Cost Basis & Reconciliation Management
• Advanced Excel & Analytical Skills
• BA required
• Proficient computer skills, particularly in the use of Microsoft Office Access, Excel and/or other business related software programs
• Quick learner, taking detailed notes as references
• Driven by client needs and satisfaction
• Proactive, motivated and willing to comprehend new concepts
• Strong verbal and written communication skills
• Highly attentive to detail
• 5 years of tax information reporting, withholding, and tax documentation management experience in the financial services industry
• Strong knowledge and comprehension of Internal Revenue Code Chapter 61
• Knowledge of Broadridge systems/products such as BPS, TMS (Tax Managed Services) and TDS (Tax Data Solutions), or similar settlement and reporting systems
• Experience validating client tax documents (Forms W-8 series, Forms W-9) using MD3, and updating back office static data and referential data systems
• Proven track record of contributing to team oriented tasks and strategies, with the ability to identify client driven enhancements
• Control oriented mindset
• Advanced Microsoft Excel experience and skills
• Ability to perform multiple tasks and meet established deadlines in a fast paced work environment with minimal supervision
• Solutions oriented thinker who is able to generate creative ideas
• Effective analytical, organizational, and problem resolution skills

Our client is a leading banking and financial industry, and we are currently interviewing to fill this and other similar contract positions. If you are interested in this position, please apply online for immediate consideration.

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