Tax Reporting Specialist in New York, NY at TradeStation

Date Posted: 1/3/2022

Job Snapshot

Job Description

Tax Reporting Specialist
New York, NY
TradeStation is an online brokerage firm seeking to level the playing field for self-directed investors and traders, empowering them to claim their individual financial edge.  At TradeStation, we're continuously pushing the boundaries of what's possible, encouraging out-of-the-box thinking and relentless search for innovation.  We offer a collaborative and flexible work environment, competitive salaries, comprehensive benefits and an unlimited PTO policy.
POSITION SUMMARY:
The Tax Reporting Specialist will be responsible for reviewing and reconciling client tax reporting information.  The position will include heavy focus on IRS cost basis reporting regulations as well as nonresident alien reporting.  The ideal candidate must possess the ability to work in a fast-paced environment with attention to detail.  The position will work closely with both Client Services and other departments in responding to client tax reporting issues.
ESSENTIAL JOB FUNCTIONS:
  • Review nonresident alien account documentation, including W8 forms, and update account information based on IRS reporting requirements
  • Prepare customer tax forms such as the 1099, 1099R, 5498, 1042S, and other similar IRS tax forms
  • Review and reconcile cost basis reporting through GainsKeeper for all reportable accounts
  • Review and reconcile financial transactions to ensure accurate 1099 reporting
  • Review and reconcile retirement plan transactions to insure accurate tax reporting
  • Monitor incoming tax questions and determine the correct course of action
KNOWLEDGE, SKILLS & ABILITIES:
  • Ability to read a 1099 and understand the logistics within
  • Understand corporate actions and financial processing
  • Knowledge of Phase3, Wall Street Concepts, GainsKeeper, and/or DTCC
EDUCATION & EXPERIENCE:
  • Bachelor’s degree in accounting or finance preferred; CPA a plus
  • 3+ years’ experience with tax and cost basis reporting in the brokerage industry