Team Leader US Tax Reporting

Apply Team Leader, US Tax Reporting Northern Trust Asset Servicing Palestine Apply 5 days ago Full-time About Northern Trust Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.   Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.    Hybrid We have a balanced hybrid working model to ensure you get the flexibility you need and the successful candidate will spend their time between working in the office and working from home. Role The job holder is responsible for the Tax reports such as Wash Sales, FIN48 analysis, Forms 5500 and 1120 RIC, REITs analysis etc. Tax deliverables are cyclical in nature. The preparation is based on a set processes and procedures and the job holder will be required to adhere to these processes in completing day to day tasks. Once tax reports are completed, the jobholder will analyse and research for any discrepancies before sending to the home country for review. The analyst will correct any discrepancies/issues identified by Manila reviewer and communicated by the home country before closure. Due to the cyclical nature of the activities, it is anticipated that there will be peak periods of work and the job holder may be required to undertake additional working hours to ensure tasks are completed to the appropriate deadlines. The Key Responsibilities Of The Role Include
• Has day-to-day management responsibilities for a small team.
• Possesses the leadership and organizational skills required to prioritize assignments and provide feedback to staff.
• Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work
• Conducts performance management and career development processes, and staffing and disciplinary actions
• Provides input and support to budget management process
• Carries out complex activities with significant financial, client, and/or internal business impact
• May have direct interaction with committees and/or Senior Management
• Able to serve as a key subject matter expert and mentor to other more junior level employees
• May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role)
• More technically sound in area of expertise and has broader knowledge of other areas
• Delivers a work product that requires less revision
• Able to facilitate discussions and reach decisions Skills/Qualifications The successful candidate would benefit from having:
• Background in regulatory / statutory reporting will be preferred
• Experience on tax and regulatory reporting (preferred)
• Excellent desktop, IT and systems skills. Knowledge of related systems: Bloomberg, Reuters (preferred)
• Experience in financial statement preparation or financial reporting within an Audit Firm, financial institution or corporate finance function (for experienced candidates)
• Bachelor’s degree in Accounting or Finance (preferred for all hires)
• Experience on transitions/consolidation of various systems and completing necessary reconciliations (preferred)
• Knowledge of accounting and regulatory concepts, financial instruments and products acquired through studies and/or related work experience Working With Us As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater Reasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities.