Functional Area Other
Industry Type Banking-Financial Services-Broking
Keywords Auditing,Mutual funds,Fund accounting,Data collection,Fund administration,Tax returns,Taxation,Computer proficiency,Time management,Audit compliance
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. General Profile
Demonstrates competencies in own area and in general business principles; may still be acquiring higher skill level
Works on practical tasks to established procedures
Typically works with moderate guidance, accountable for individual results and impact on work group Knowledge Expertise
Deepening knowledge/skill in one skill area or broadening ability over a variety of skills
Applies knowledge/skills to a variety of standard day to day activities; knows when to refer to others; handles a variety of tasks within own area Business Unit Specific Skills
Equivalent to a B.S. degree in Accounting, Finance, Business or related field..
Experience in mutual fund accounting and/or taxation, compliance, auditing or related business activity.
Good attention to detail and time management skills.
Knowledge of Fund Accounting Systems and data collection capabilities.
Demonstrated computer proficiency
Desired Candidate Profile
Under Graduate Qualification
PG Qualifications Any PG Course (Any Specialization)
- Note: Candidate should have either UG or PG qualifications