Assoc, Professional, P2, Core Services, NEX : Job Level - Associate

Morgan Stanley•New York, NY

10d•$51,000 - $82,500

About The Position

We’re seeking someone to join our team as an Associate to run daily reconciliation comparing Shareworks outputs versus tax margins to ensure accurate reporting . In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships, driving strategic automation solutions by embracing a transformation mindset and challenging the status quo. This is an Associate professional position at the P2 job level within Core Services, which is responsible for performing and managing product-agnostic and centralized operational services across several businesses and products. Morgan Stanley Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences.

Requirements

Demonstrate proficiency in Microsoft Excel and experience with other basic functions essentials (VLOOKUP, CONCAT, PIVOT table, summarization, etc.)
Strong analytical and problem-solving skills with a meticulous attention to the detail
Self-motivated, responsible, and a quick learner who thrives in a team-oriented environment
Excellent task ownership skills and the ability to work independently and well in a team setting
Superior time management skills during tight deadlines
Effective communication skills, both verbal and written
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

Nice To Haves

Familiarity with US withholding and reporting for employee share plans
Previous employee tax operations/conciliation or Stock Plan Operations background would be advantageous
Comfortable with technology and technical concepts in a fast-paced changing environment

Responsibilities

Run daily reconciliation comparing Shareworks outputs versus tax margins to ensure accurate reporting
Update Excel files for accurate values, identify, research and resolve breaks daily
Conduct daily GBUW (Global Backup Withholding) reconciliation and monthly reports
Reconcile back up withholding and non-resident alien withholding for IRS and states
Proactively communicate urgent matters to management, ensuring timely resolution of any issues
Work closely with Tax Reporting and Deposit and Filing teams
Perform all required testing of new automation tools and system enhancements
Escalate issues and submit tech tickets promptly to ensure system functionality
Review and ensure Form 1099/1042-S forms are accurate from a withholding and reporting perspective
Contribute to the annual tax production project plan to ensure all relevant tasks are captured accurately
Update processes and procedure documents as required