Arbitrage Rebate Analyst

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The Arbitrage Rebate Analyst supports municipal clients by providing detailed analysis and reporting on arbitrage calculations related to tax-exempt bonds. The analyst conducts detailed financial analysis prepares reports and offers insights to help clients understand their obligations under IRS arbitrage rules.

Key Responsibilities:

• Data Analysis: Gather review and analyze financial data from bond issuance investment of bond proceeds and expenditures on projects. Summarize findings in a clear and comprehensive manner for internal review and client reports.

• Arbitrage Calculations: Perform complex calculations to determine the arbitrage rebate and yield restriction liabilities for tax-exempt bond issuers.

• Report Preparation: Prepare detailed reports for clients summarizing arbitrage findings and potential liabilities.

• Research and Compliance: Stay current with tax laws and IRS Regulations related to municipal bonds providing clients with information and guidance to aid in their compliance efforts.

• Client Communication: Regularly communicate with municipal clients to explain arbitrage rebate and yield restriction requirements provide updates and discuss strategies to manage liabilities.

Qualifications:

• Bachelors degree in accounting finance mathematics statistics or related field; CPA certification preferred but not mandatory
• 1 year of related consulting or accounting experience
• Strong analytical skills and the ability to manage large datasets.
• Familiarity with municipal bonds arbitrage rules and IRS rebate requirements.
• Proficiency in Excel and Word and financial modeling software.
• Strong written and verbal communication skills for preparing reports and client discussions.
• Detail-oriented with excellent organization skills.
• Effective time management skills to handle multiple projects prioritize tasks and meet deadlines.

Work environment:

• Office-based role with occasional travel to client locations for meetings.

This role provides an opportunity to specialize in a niche area of municipal finance and taxation ensuring the financial health and compliance of a public sector client.

The pay range for this position is $54900 to $90800. This range represents a good-faith and reasonable estimate of the compensation the firm expects to pay for this position at the time of posting. Actual compensation will depend on a variety of relevant factors including an applicants skills experience qualifications professional certifications work arrangements geographic location and other business and organizational needs. It is not typical for an individual to be hired at or near the top of the range and compensation decisions depend on the facts and circumstances of each case. Baker Tilly offers a compensation and benefits package to eligible employees.