This is the entry-level professional position in the Tax Department. Individuals perform mutual fund tax calculations and reporting functions in a manner that ensures fund objectives.
This is an entry, training level position. Individuals are learning about all aspects of tax administration. Work is routinely reviewed by an immediate manager.
Prepare simple federal, state and city income and franchise tax returns for mutual fund clients.
This requires strong excel skills and willingness to learn what tax adjustments need to be applied to accounting data.
Understand the Fund Accounting System to compile audit and tax work papers and returns.
In addition to preparing the actual calculations, reconciliations will need to be performed.
The candidate should have knowledge of financial instruments and the type of income, expenses and revenue that arises from trading in these instruments.
Establish knowledge of IRS tax laws
Review IRS compliance packages prepared by Fund Administration
Preparation of various tax calculations related to Fiscal and Excise tax provisions.
Preparing packages for different kind of shareholder reporting. Working on different tax returns