Tax Administrator I

Ultimus•Hauppauge, NY

10d

About The Position

The Tax Administrator I performs mutual fund regulatory and tax reporting functions to help ensure that fund objectives are met for Ultimus Fund Solutions clients. The role prepares tax provisions, distribution calculations, tax work papers, and analyses; researches tax regulations; supports compliance reporting; and gathers information for audits and regulatory requests. It works regularly with the financial administration department and, as needed, with regulatory agencies and audit firms. Other duties may be assigned.

Requirements

Bachelor’s degree in business administration, tax, accounting, finance, or a related field; equivalent education and experience will be considered.
0–2 years of experience with taxation and administration of mutual funds; equivalent education and experience will be considered.
Knowledge of tax laws and procedures applicable to investment companies.
Knowledge of Microsoft Office Suite and Adobe Acrobat.
Troubleshooting ability using creative and critical thinking.
Multitasking, analytical, and organizational skills.
Initiative-taking, strategic, and meticulous approach, with a strong commitment to quality, efficiency, and effectiveness.
Personal integrity, responsibility, and accountability.
Ability to use time and information effectively with associates, participate in problem solving and decision making, and communicate ideas clearly and concisely in writing and orally.
Active listening and support for open exchanges of ideas and information.
Ability to identify needs and obtain resources to accomplish individual and department goals.
Ability to establish and develop effective working relationships with associates and clients in favorable and unfavorable situations.
Ability to adjust priorities and deadlines when conditions or information change and ensure work is completed.

Responsibilities

Prepare estimated year-end income and capital gain distributions.
Prepare Subchapter M and Excise tax provision work papers.
Calculate fund distribution requirements to satisfy income and excise requirements.
Prepare tax work papers and distribution analyses for mutual funds.
Determine the tax status of fund investments and identify book and tax differences.
Analyze general ledger accounts, roll forward tax accounts, and identify income and expense items requiring different tax treatment from book.
Research and analyze federal and state tax laws, regulations, and relevant court or regulatory agency rulings or decisions, and present findings to managers.
Participate with the financial administration department in developing tax and regulatory compliance reporting for regulatory agencies, boards of directors, and financial officers.
Maintain current knowledge of IRS tax law requirements.
Gather information to respond to requests from external audit firms and regulatory agencies.
Gather information to respond to IRS and auditor requests related to formal or informal audits.
Communicate daily with the financial administration department about tax implications of investment activities and contact regulatory agencies and audit firms as needed regarding general information, issue resolution, and reporting requirements.
Perform other duties as required and assigned.