Tax Administrator

Northern Trust • Chicago, IL

1d

About The Position

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust provides innovative financial services and guidance to the world’s most successful individuals, families, and institutions. With more than 130 years of financial experience and over 22,000 partners, the company serves sophisticated clients using leading technology and exceptional service. This position within the Nonresident Alien (NRA) tax team is responsible for reviewing and preparing complex tax products in compliance with tax laws and regulations for all Northern areas except Banking and Benefit Payment Services. The team communicates with colleagues and clients worldwide and ensures NRA clients have proper documentation on file. As a Northern Trust partner, you will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities served. Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.

Requirements

• 1-3 years of accounting or tax experience.
• Ability to work independently and as a team member where accuracy and timeliness of data are critical especially from January through April.
• Equivalent work experience (if no college degree).
• Effective written and verbal communication skills.
• Proficient in using Microsoft products such as Excel, Word and Access
• Problem solving skills/process oriented.
• Ability to pick up on new applications.

Nice To Haves

• College degree
• Project experience
• Familiarity with Thomson ONESOURCE

Responsibilities

• Validates US tax documentation (Forms W-8BEN, ECI, EXP and IMY) using a software-based checklist.
• Communicates issues regarding the validity of tax documentation with relationship and account managers.
• Performs a review of activity in assigned accounts to check the classification of income and the calculation of withholding.
• Makes adjustments and corrections of income classifications and related withholding.
• Reconciles income and related withholding entries across multiple software platforms.
• Prepares annual tax reporting for assigned client accounts on Form 1042-S.
• Participates in testing software upgrades and enhancements.
• Participates in assigned special projects.
• Maintains a thorough understanding of applicable tax laws and regulations.
• Create docket items for system enhancements and responsible for ensure proper tests are completed.

Benefits

• retirement benefits (401k and pension)
• health and welfare benefits (medical, dental, vision, spending accounts and disability)
• paid time off
• parental and caregiver leave
• life & accident insurance
• other voluntary and well-being benefits
• discretionary bonus program that may include an equity component

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees