Corporate Finance: Tax Asset Class Controller – Analyst

The Firmwide Financial Control (FFC) is a global Organization accountable for the integrity of the books and records of the Firm and leading large-scale data, infrastructure, accounting standard and business process change management events. The organization closely examines the general ledger, operating systems and infrastructure controls across all businesses to ensure the firm’s financial information is accurately depicted for reporting and regulation purposes. 

This role, specifically on the Tax Asset Class Control (Tax ACC) team within the FFC organization, follows the guidelines above, with a focus on the data surrounding Tax. The common functions and activities owned by Tax ACC include but are not limited to the following: extracting the raw data from various systems, calculation of tax related to Equity products such as stocks, bonds, & derivatives, balance sheet reconciliation and substantiation, manual accounting/bookings to the general ledger, audit support for the Corporate Tax Organization, and executing the month end close in regards to timely tax postings and reporting.

Responsibilities:

• Support Corporate Tax Organization by understanding general ledger data, end-to-end product system flow, various types of taxes across regions and countries, and postings to the general ledger 
• Support Lines of Business (CIB, AWM, CCB) across the firm covering tax on products to ensure appropriate reconciliations, controls, and governances are in place.
• Work closely with line of business controllers, product controllers, corporate tax, & project managers.
• Partner with various FFC teams globally to centralize Tax related activities to Tax ACC
• Manage month end, quarter end, and year end activities related to Tax postings in the general ledger
• Hands-on engagement in multiple projects, which includes proactively identifying process enhancements and work with stakeholders enact change in a timely manner
• Perform various control procedures & reconciliations to ensure the integrity of reported financials

Requirements:

• Basic understanding of financial products such as stocks, bonds, & derivatives
• Basic understanding of general accounting concepts
• 1-3 years accounting or industry experience preferred
• Bachelor’s degree in Accounting, Finance, or Business (or equivalent experience)