US Tax Compliance Specialist

Company Description

Tradeweb Markets is a world leader in the evolution of electronic trading. A fintech company serving approximately 2,500 clients – including the world’s largest banks, asset managers, hedge funds, insurance companies, wealth managers and retail clients in more than 65 countries across the globe. Since our first trade in 1998, we have helped transform and electronify the fixed income markets. Tradeweb is a culture built on innovation, creativity and collaboration. Through a combination of very talented and driven people, innovative products and solutions, cutting-edge technology, market data, and a vast network of clients, we continue to work together to improve the way financial markets trade.

Mission : Move first and never stop. Collaborate with clients to create and build solutions that drive efficiency, connectivity, and transparency in electronic trading.

Tradeweb Markets LLC ("Tradeweb") is proud to be an EEO Minorities / Females / Protected Veterans / Disabled / Affirmative Action Employer.

Summary

The India tax team member primarily supports tax notices, tax audits, sales tax and tax compliance work.

Detailed Responsibilities

Tax Notices- 15% Have a weekly meeting with NYC lead on tax notices

Analyze and reconcile tax notices, maintain notice tracker, coordinate with tax authorities. India tax team will be the first line of contact for all notices to perform basic background work to identify issues and document requests from government to NYC team so they can prioritize issues to be tackled. Maintain tax notice tracker with notes on each notice, help monitor the status and follow up with tax authorities if needed.

Tax Audits- 15% Have a weekly meeting with NYC audits lead on tax audits

Support audits by verifying invoices, organizing documents, and preparing status updates. Review all ledger details back to underlying invoices / supports from the finance team to identify variance and assist in gathering information (such as pulling invoices). Prepare a summary of status updates, issues or open items (if applicable) to discuss with NY tax team member.

Sales Tax / Use tax- 10% Have a bi-monthly meeting with NYC lead on sales tax

Pull monthly sales tax data, review consistency, ensure filings and payments are on time. Review sales tax transaction details to check that monthly activity is reasonably consistent with prior months data and document any unusual spikes / differences back to underlying invoices from the finance team (also perform rec between accrual vs cash paid amounts). Maintain sales tax tracker where we keep track of manual codes, resale / exemption certificates, and other necessary documentations for audit purposes.

US Direct Tax Compliance- 40% Have a monthly meeting with NYC lead on compliance work

Assist with gathering supporting documentation requested from external vendors for federal and state tax filings (apportionment data, etc.). Review income tax returns (1120 and 1060) prepared by external vendors. Maintain US tax filing calendar and ensure various filings are processed and paid timely (8288 WHT, quarterly CRT / CAT returns, etc.). Assist with external tax filings (W-9s, CoR, FBAR filing and etc.), process indirect tax payments, and verify documentation. Maintain cash taxes paid file that reconciles back to ledger (monthly rec). Follow up with the government to check on status of open tax matters (such as CoR or refunds).

Other work (ASC 740 assistance)- 20% Join the daily status catch up with the entire team

Assist US tax team with US tax provision preparations. Extract trial balances, journal entries, account activity reports from Oracle and apply consistent formatting for the team to easily navigate details. Perform tax sensitive account comparison on monthly basis to show how the amounts moved every month (monthly rec). Other ad-hoc projects where we require legworks : such as reviewing invoices for sales tax analysis for Zuora implementation and new building facility invoices, check on State tax rate CCH table for quarterly estimates and rollforward State WHT for tax distributions.

Job Requirement

Undergraduate degree in accounting, finance or US taxes- Master in tax preferred - MA

Overall US corporate and partnership income tax experience (direct tax) - 5+ years

Tax compliance / forms preparation experience (1120 and 1065 forms) - 5+ years

State tax audit / notices experience - 3+ years

Sales tax preparation experience – Any

GAAP ASC 740 provision preparation experience - 2+ years

Proficient with tax technology (CCH, one source tax provision, and Sales tax engine (SOVOS / Zuora) - All to most

Proficient with office / finance technology (excel, word, PPT, Oracle and Alteryx) - All to most

Finance or Fintech industry experience – Yes

Ability to identify issues and efficiently communicating open items with managers / teams – Yes

Excellent communication (via email / virtual meetings) and interpersonal skills – Yes

Strong attention to detail and accuracy – Yes

Ability to work independently and as part of a team - Yes