Junior Tax Operations Analyst - Lenmar Consulting, Inc.
Jersey City, NJ
About the Job
Junior Tax Operations Analyst
Option: Hybrid
Type: Contract
Duration: 12 months
Rate: $26.67/hr W2
**This role is hybrid 3 days in office**
Department Profile
Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.
Background on the Team
Global Wealth Management Operations provides brokerage, investment and financial services to hundreds of thousands of individual investors. We apply our expertise in serving institutional clients to create new opportunities for people to achieve their personal financial goals. Brokerage has one of the largest retail brokerage networks, with numerous worldwide representatives and retail locations. Our services are tailored to each client's investment objectives, risk tolerance, and financial needs. Products include mutual funds, stocks, bonds, and alternative investments where appropriate, as well as banking, mortgages, insurance and annuities.
The Client Tax Operations Department is responsible for ensuring that all withholding and reporting obligations of the Firm are met. The Client Tax Associate position is required to perform numerous data reviews, tax forms, interacting with internal and external clients and vendors.
Job Purpose:
The principal accountabilities of this position is to support all aspects of tax filings in our global markets for our Stock Plan/Retirements business under Shareworks by Brokerage concentrating on the US markets initially. Currently our global markets include Canada, United States, Australia, United Kingdom, and New Zealand. The incumbent has the necessary skills to complete tasks on our proprietary software, Shareworks, excel and third party tax programs, and has the necessary knowledge to conduct research for the different jurisdictions and any new countries that Shareworks moves into.
Primary Responsibilities for the role:
• Review and ensure 1099/1042-S Reporting is accurate
• Update excel files for accurate reporting values
• Ensure participant data is accurate
• Attain appropriate approvals, document and confirm successful submissions per jurisdiction
• Ensure that all tax filings and reporting for Corporate Clients and Shareworks by Brokerage, are issued accurately and timely
• Review IRS filings and State filings are accurate
• Contribute to the annual tax production project plan to ensure that all relevant tasks are captured throughout the year
• Perform all required testing on tax forms that are issued from Shareworks to ensure accuracy through preliminary reviews
• Manage any special handling requirements for clients inclusive of tax form amendments for clients
• Audit tax form generation to ensure all forms for all clients have been completed
• Proactively provide project updates to Tax Manager as required to ensure the success of tax activities
• Update processes and procedures policy portal as required
Key Skills/Qualifications:
• Familiarity US withholding and reporting for global employee share plan requirements
• Self-motivated and eager to learn
• Excellent time management skills during tight deadlines
• Proactively engage and collaborate with all co-workers globally to build positive rapport to contribute as an effective team member as measured by their feedback
• Analytical, accurate, and strong problem solving skills essential
• Vocal ability to challenge business deficiencies identified through the tax production process
• An ability to articulate issues both in verbal and written form to help aid swift resolution
• Previous employee share plan and tax production background would be advantageous
• Comfortable with technology and technical concepts in a fast paced changing environment
• An aptitude for learning quickly with a solid understanding of the Internet, e-commerce and equities
• A deep belief in team success, collaboration and a willingness to adapt to continuous change
• An ability to work independently, handle numerous assignments concurrently and consistently be a self-starter that excels at meeting and exceeding professional goals
Option: Hybrid
Type: Contract
Duration: 12 months
Rate: $26.67/hr W2
**This role is hybrid 3 days in office**
Department Profile
Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.
Background on the Team
Global Wealth Management Operations provides brokerage, investment and financial services to hundreds of thousands of individual investors. We apply our expertise in serving institutional clients to create new opportunities for people to achieve their personal financial goals. Brokerage has one of the largest retail brokerage networks, with numerous worldwide representatives and retail locations. Our services are tailored to each client's investment objectives, risk tolerance, and financial needs. Products include mutual funds, stocks, bonds, and alternative investments where appropriate, as well as banking, mortgages, insurance and annuities.
The Client Tax Operations Department is responsible for ensuring that all withholding and reporting obligations of the Firm are met. The Client Tax Associate position is required to perform numerous data reviews, tax forms, interacting with internal and external clients and vendors.
Job Purpose:
The principal accountabilities of this position is to support all aspects of tax filings in our global markets for our Stock Plan/Retirements business under Shareworks by Brokerage concentrating on the US markets initially. Currently our global markets include Canada, United States, Australia, United Kingdom, and New Zealand. The incumbent has the necessary skills to complete tasks on our proprietary software, Shareworks, excel and third party tax programs, and has the necessary knowledge to conduct research for the different jurisdictions and any new countries that Shareworks moves into.
Primary Responsibilities for the role:
• Review and ensure 1099/1042-S Reporting is accurate
• Update excel files for accurate reporting values
• Ensure participant data is accurate
• Attain appropriate approvals, document and confirm successful submissions per jurisdiction
• Ensure that all tax filings and reporting for Corporate Clients and Shareworks by Brokerage, are issued accurately and timely
• Review IRS filings and State filings are accurate
• Contribute to the annual tax production project plan to ensure that all relevant tasks are captured throughout the year
• Perform all required testing on tax forms that are issued from Shareworks to ensure accuracy through preliminary reviews
• Manage any special handling requirements for clients inclusive of tax form amendments for clients
• Audit tax form generation to ensure all forms for all clients have been completed
• Proactively provide project updates to Tax Manager as required to ensure the success of tax activities
• Update processes and procedures policy portal as required
Key Skills/Qualifications:
• Familiarity US withholding and reporting for global employee share plan requirements
• Self-motivated and eager to learn
• Excellent time management skills during tight deadlines
• Proactively engage and collaborate with all co-workers globally to build positive rapport to contribute as an effective team member as measured by their feedback
• Analytical, accurate, and strong problem solving skills essential
• Vocal ability to challenge business deficiencies identified through the tax production process
• An ability to articulate issues both in verbal and written form to help aid swift resolution
• Previous employee share plan and tax production background would be advantageous
• Comfortable with technology and technical concepts in a fast paced changing environment
• An aptitude for learning quickly with a solid understanding of the Internet, e-commerce and equities
• A deep belief in team success, collaboration and a willingness to adapt to continuous change
• An ability to work independently, handle numerous assignments concurrently and consistently be a self-starter that excels at meeting and exceeding professional goals
Source : Lenmar Consulting, Inc.
