Tax Analyst III

Position: Tax Analyst III

Location: Jersey City, NJ 07310

Duration: 13 Months Contract

• Validate taxability of Corporate actions using CCH, identifying impacts to Cost basis
• Update Cost basis engine for all voluntary Corporate actions based on taxability
• Manage monthly 1099B reconciliation for all reportable transactions
• Management of daily Front Office inquiries regarding cost basis, taxability and reporting
• Provide support for remediation of cash reconciliation breaks in portfolio account system to support daily client reporting inquiries, as well as 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 all deliveries to external brokers via CBRS or paper
• Assist with generation of request statements for all 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

• 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 Client systems/products such as BPS, TMS (Tax Managed Services) and TDS (Tax Data Solutions), or similar settlement and reporting systems
• Experience validating client tax docs (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 orientated 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