Tax Reporting Analyst Job Description
Tax reporting analyst
provides financial Advisors with quantitative specific analysis, including domestic and international equity, domestic fixed income, real estate, etc.
Tax Reporting Analyst Duties & Responsibilities
To write an effective tax reporting analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included tax reporting analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Analyze and address exceptions related to cost basis processing for client and IRS tax reporting
Tax research, serving as the primary link to external administrators, assisting with FATCA and other tax related projects
Partner with Corporate Tax, Legal and Compliance and support the Central team in working with the LOBs firmwide to
Must be familiar with the various types of client account classifications, tax document requirements and the associated reporting requirements
Review and respond daily to a wide range of inquiries received from the field
The employee will be required to participate and or have accountability in various parts of the year end data gathering, analysis, and reporting of 1099DIV, INT, OID, B, MISC, REMIC, 1042S, , 2439, Puerto Rico Form 480.6A, B & C
The employee will also be required to participate or have accountability in gathering and analyzing data prior to the preparation and filing Form 945 and 1042 returns with the IRS
During Tax Season the employee will be required to handle a large amount of call volume coming into the group
They will be required to participate and oversee various mailings that are required by the IRS
The employee will be required to interact with various vendors applications used in the process
Tax Reporting Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Tax Reporting Analyst
List any licenses or certifications required by the position: LEED
Education for Tax Reporting Analyst
Typically a job would require a certain level of education.
Employers hiring for the tax reporting analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Education, Economics, Taxation, Business/Administration, MBA, Computer Science, Information Technology
Skills for Tax Reporting Analyst
Desired skills for tax reporting analyst include:
Cost Basis
Detailed oriented
Domestic markets
Excel and Word
Good problem solver
Should have good communication skills
With emphasis on Equity and Fixed Income Tax and Corporate Actions
Business systems and processes to develop solutions to specific problems and documents the business requirements
Database and spreadsheet applications and data modeling
FATCA
Desired experience for tax reporting analyst includes:
3-5 years experience with database and information management
Broad understanding of relational databases through experience with the set-up, testing, implementation and ongoing support of such systems and information
Familiar working with employee compensation data
Experience with gathering and writing of business requirements documents
SQL Server (views, Stored Procedures, User Defined Functions)
SQL Tools
Tax Reporting Analyst Examples
1
Tax Reporting Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of tax reporting analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for tax reporting analyst
- Participate on, and lead, departmental projects to streamline our functions and increase compliance controls
- Analyze and determine the impact of new products, services, systems, and process enhancements as they relate to tax withholding and reporting
- Collaborate on system procedures and other training materials
- Participate in projects, working with project managers and other analysts to ensure assigned project tasks are delivered timely
- Reviewing fund / investment level partnership tax returns, REIT and corporate return reviews, workpaper preparation, book to tax analyses, and tax provision preparation
- Federal and state tax reporting, tax estimate calculations, entity election maintenance in addition to operational functions
- Working closely with other Tax team members and Accounting staff our outside tax advisors
- Accounting and reporting functions for certain of real estate properties
- Overseeing the third party administrator, reviewing monthly and quarterly books of the properties (includes converting tax/historical GAAP, IFRS or other basis of accounting to fair value, promote calculations), coordination of the year-end audits, and determining the appropriate accounting treatment for all transactions
- Develop and maintain calculation rules for different countries (xml, Java) for the reporting engine
Qualifications for tax reporting analyst
- Bachelor's degree in an Information Technology field (preferred, but not required)
- Design and execute test cycles regarding new developed reporting solutions
- Support implementation projects
- Gather requirements, prepare interface specifications and define processes
- Support the production of tax statements
- Boost and steer your career with internal mobility
2
Tax Reporting Analyst Job Description
Job Description Example
Our company is searching for experienced candidates for the position of tax reporting analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for tax reporting analyst
- Perform tax research regarding issues affecting the Company as necessary
- Interacting with third parties (e.g., external service providers, trustees, ) to obtain necessary documentation
- Application of income tax reporting guidance under US ASC 740 and 718 and IFRS 102 to determine the appropriate tax accounting given different fact patterns
- Preparation of quarterly and annual worldwide tax provision in accordance with ASC 740, including related financial reporting matters
- Perform worldwide monthly tax account reconciliations
- Assist in performing acquisition analysis and integration activities for any acquisitions
- Maintain appropriate corporate tax policies for tax accounting and other internal tax compliance processes, in accordance with Sarbanes – Oxley 404
- Keep abreast of changes in tax statutes and regulations and determine the impact on the company’s operations
- Use financial, tax provision and compliance systems and other analytical tools to meet compliance requirements and support business decisions
- Review/Prepare US federal and state income tax and informational returns (prepared in a paperless environment using CorpTax and Onesource Workflow Manager Software), including all calculations of book/tax differences
Qualifications for tax reporting analyst
- German speaker, Fluency in English
- Passed German tax advisor exam
- Strong people skills with the ability to build networks and relationships both across tax and with other key stakeholders finance and the wider business
- A proactive individual who is continuously looking for new and innovative solutions to issues to develop and improve systems and processes
- Experience with PeopleSoft Financials or similar computerized financial systems
- Experience with tax provision software systems
3
Tax Reporting Analyst Job Description
Job Description Example
Our growing company is looking for a tax reporting analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for tax reporting analyst
- Support the project development team in Pune and escalate any technical issues, roadblocks or project risks to the Program Delivery Lead
- Work with programmers and internal users throughout the year doing file testing, new program changes, new implementations, or updates to existing tax files
- Assists with performance of calculations for internal and/or external clients and completion of tax reporting or other regulatory filing requirements to ensure compliance with state and national regulations
- Assists with the implementation of client plans for the tax and/or regulatory cycle and ensures deadlines are met
- Gathers data and documentation to complete standard filings
- Determines liabilities, withholdings, and other calculations for internal or external clients
- May answer routine questions from clients regarding tax and/or regulatory calculations and reporting
- Assists clients in addressing tax and regulatory questions posed by their investors
- Supports a selected number of clients
- Conduct research, analysis and bring to resolution all employment and payroll tax notices, inquiries and audits
Qualifications for tax reporting analyst
- Experience in accounting for income under ASC 740, and exposure to IFRS
- Experience in tax provision processes and related internal controls
- Experience in OneSource Tax Provision Software preferred
- RDBMS experience in Oracle
- Experience in a financial institution with exposure to the Regulatory function
- Experience in delivering multi-year complex programmes
4
Tax Reporting Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of tax reporting analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for tax reporting analyst
- Provide excellence in client service to internal and external customers
- Review and verify accuracy of tax management system
- Resolve payroll tax inquiries/issues
- Recommend and execute improvements to processes
- Maintain internal resource center regarding payroll tax policies and procedures
- Review and reconcile payroll and employment tax returns and other reporting
- Ensure organizational compliance with all payroll and employment tax reporting
- Review and adjust all monthly tax reports
- Prepare and review tax provision analytics that are communicated to tax management, finance partners, and external auditors
- Prepare or assist in preparation of annual exempt organization returns and income tax returns
Qualifications for tax reporting analyst
- Knowledge of tools provided by main Regulatory vendors globally (WKFS huge plus)
- Excellent analytical, technical, and organizational skills a must
- Prefer candidates with experience working for a large corporate employer with numerous locations
- Data Quality Reconciliation
- Experience with OneSource Tax Provision (f/k/a TaxStream) preferred
- Minimum 2-5 years of U.S. Federal and state corporate tax experience, either in-house with U.S. multinational corporations or in public accounting
5
Tax Reporting Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of tax reporting analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for tax reporting analyst
- Contribute toward the unclaimed property filing process, including account reconciliation, owner notification and the due diligence process, processing responses, requesting check voids, cancellations and reissues, researching changes in filing requirements, and preparing annual filings for numerous state agencies
- Assist with preparation of quarterly U.S. tax provision and at year-end
- Prepare U.S. domestic cash tax forecast
- Calculate provision to return reconciliation
- Ensuring continued compliance with Chapter 3 withholding requirements
- Establishing workflow for review of documentation received (Form W-8) from foreign accounts
- Determining proper classification of payments made to foreign accounts
- Determining appropriate withholding rate to apply to payments
- Annual reporting on Form 1042 and Form 1042S
- Annual review of classification of mutual fund distributions
Qualifications for tax reporting analyst
- Proficient in Finance and Regulatory Reporting fundamentals (focus on functional experience)
- Proficient with Microsoft technologies
- Strong communication skills and interpersonal skills including the ability to operate in a deadline driven, dynamic, and collaborative working environment
- CPA and/or a master’s degree in Accounting or Taxation preferred
- Develop understanding of interfacing systems to tax, sales, product, order management
- SQL or reporting experience preferred