The Taxation & Compensation Specialist provides administrative and analytical support to the Taxation and Partner Compensation team. This role assists with the preparation, reconciliation, and distribution of partner compensation and tax-related documents. The Taxation & Compensation Specialist ensures accuracy of data, maintains records, and supports compliance with firm policies and relevant tax regulations. This role works under the supervision of senior team members to meet critical deadlines and deliver high-quality service to internal stakeholders. Essential functions include:
- Assist in the preparation and organization of schedules and documents related to the partnership tax return.
- Support the distribution and tracking of Partner K-1 forms and follow up on routine partner inquiries.
- Provide administrative support for the Partner Loan Program (PLP), including data entry and document management.
- Reconcile partner account balances and assist with preparation of true-up calculations under the direction of senior staff. Assist with semi-monthly exception calculations for Partners
- Assist with the year-end reconciliation process for partner equity accounts and related tax filings. Monitor and summarize updates to tax laws as directed by senior team members.
- Assist with true-up payment calculations.
- Coordinate scheduling of meetings, document collection, and communication for the tax return and audit processes. Supports with the compensation review cycles, including data integrity, system set-up, communications, and review of pay change submissions.
- Other duties as assigned.
POSITION REQUIREMENTS- 4-year degree with major coursework in related field required; or combination of education and commensurate work experience required.
- 1+years' experience in Accounting and/or Finance
- Some experience in a tax-related field required.
- Experience with K-1's and partnership business models in a large legal or professional services financial department is preferred.
- Knowledge of domestic accounting and tax guidelines/standards is preferred.
- Proficiency in Microsoft Office Suite.
- Excellent interpersonal, verbal, and written communication skills.
The above is intended to describe the general content of and requirements for the performance of this job It is not to be construed as an exhaustive statement of essential functions, responsibilities, or requirements The Firm will provide reasonable accommodations as necessary to allow an individual with a disability to apply for and/or perform the essential functions of a position If you need assistance to accommodate a disability, please contact HR.
COMPENSATION AND BENEFITSEmployees are entitled to compensation commensurate with skill and experience.
The exact compensation will vary based on skills, experience, location, and other factors permitted by law. The expected compensation ranges for this position in various states and jurisdictions are as follows:
- State of California: $63,000 - $128,000
- State of Colorado: $58,000 - $103,000
- State of Illinois: $57,000 - $110,000
- State of Massachusetts: $63,000 - $120,000
- State of Maryland: $61,000 - $92,000
- State of Minnesota: $63,000 - $104,000
- Jersey City, NJ: $68,000 - $123,000
- State of New York: $58,000 - $126,000
- State of Vermont: $62,000 - $119,000
- State of Washington: $61,000 - $115,000
- Washington, D.C.: $81,000 - $119,000
The above salaries do not include a discretionary bonus, however bonus opportunities are non-guaranteed, and are dependent upon individual and firm performance. Full-time employees receive benefits including: medical and dental coverage; life insurance; short-term and long-term disability insurance; pre-tax flexible spending account for certain medical and dependent care expenses; an employee assistance program; Paid Time Off; paid holidays; participation in a retirement plan program after meeting eligibility requirements; and more.
Please include a cover letter and resume when applying.
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