Job Description

Who we are looking for:
The Fund Administration Tax Department is responsible for preparing and reviewing federal and state tax calculations for Regulated Investment Companies. The work is comprised of preparing income and excise tax provisions, federal and state tax returns, shareholder reporting information and providing tax consulting to our clients. The department is to ensure timely and accurate delivery of all client deliverables. The job family consists of entry level positions and manager roles. The roles listed below are predominately operationally focused with some client facing aspects.
What you will be responsible for:
As Tax Administrator, Associate 2 you will:

• This is the entry-level professional position in the Tax Department. Individuals perform mutual fund tax calculations and reporting functions in a manner that ensures fund objectives.
• This is an entry, training level position. Individuals are learning about all aspects of tax administration. Work is routinely reviewed by an immediate manager.
• Prepare simple federal, state and city income and franchise tax returns for mutual fund clients.
• This requires strong excel skills and willingness to learn what tax adjustments need to be applied to accounting data.
• Understand the Fund Accounting System to compile audit and tax work papers and returns.
• In addition to preparing the actual calculations, reconciliations will need to be performed.
• The candidate should have knowledge of financial instruments and the type of income, expenses and revenue that arises from trading in these instruments.
• Establish knowledge of IRS tax laws.
• Review IRS compliance packages prepared by Fund Administration.

Education & Preferred Qualifications:

• Equivalent to a B.S. degree in Accounting, Finance, Business or related field.
• Experience in mutual fund accounting and/or taxation, compliance, auditing or related business activity.

About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You’ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers