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Senior Director, Tax Services

Company: Fidelity Investments
Location: Smithfield
Posted on: September 19, 2023

Job Description:

Job Description:
The RoleThe Tax department consists of multiple teams that are responsible for everything from Tax Information Reporting, Cost Basis, Withholding, Cost Basis on Corporate Actions, Reclassifications, 990-T reporting, and Communications. We are looking for a director or senior director level individual that has some background in one or more areas that are covered within tax. The exact responsibilities will be determined based on background brought by the right candidate.The\u00A0Expertise\u00A0We re Looking For:

  • A deep background in Tax and specifically in one or more of the following areas:
  • Tax Information Reporting crafting the client tax information forms based on the activity and account registration
  • Cost Basis tracking the gains and losses on investments in the client s accounts
  • Cost Basis on Corporate Actions ensuring when specific corporate action activity is accurately picked up for the information reporting and cost basis
  • Reclassification of Income changing a payment that was made from the reporting type it was original made into the new reporting types the income should be classified as. This can be both domestic and foreign reclassifications
  • Withholding reconciliation and remittance for all withholding processed from an account and sent to state and federal government entities.
  • 990-T reporting capturing the needed data to supply to our vendor to calculate the amount of 990-T tax due on retirement accounts that have UBTI generating assets
  • Communications coordinating all the communication and trainings in the tax department that is shared internally and to our business partners to ensure understanding of what tax activity is happeningThe\u00A0Purpose\u00A0of Your Role:
    • Lead a team of tax professionals to provide accurate and complete reporting to a diverse group of clients
    • Building a strong regulatory, risk adverse team
    • Work towards strategic goals in advancement of department and divisional changes
    • Developing future tax leadersThe\u00A0Skills\u00A0You Bring:
      • Strong leadership background
      • Leading to service levels and productivity standards
      • Ability to prioritize, meet deadlines, identify operational risks and \u201Cred flags\u201D
      • Strong written and verbal communication skills
      • Experience working in an Agile project environment
      • Talent for cultivating a highly interactive and engaged work environment
      • A flair for mentoring, coaching and developing associates
      • Knowledge of Microsoft Office applications.
      • Strength in assess the risk in exceptions to best serve our customers while protecting the firm.The Team:This director/senior director will report into the VP in Tax. The peers to this roll will be other senior directors or VPs within the department. This team works to move the above components of Tax Services forward strategically while following the regulatory requirements and keeping the client in mind.Certifications:Company OverviewFidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.Join UsAt Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a , we have been recognized by our employees as a Best Place to Work in 2022. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.Many of our associates are continuing to work remotely temporarily due to COVID-19. When Fidelity employees eventually return to the office, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we're calling \u0022.\u0022We invite you to Find Your Fidelity at .Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Leave of Absence/Accommodation Team by sending an email to -, or by calling 800-835-5099, prompt 2, option 3.

Keywords: Fidelity Investments, Woonsocket , Senior Director, Tax Services, Executive , Smithfield, Rhode Island

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