Tax Operations-Information Reporting-Salt Lake City-Associate

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

Operations individuals are critical thinkers who partner with groups across the firm to ensure accurate tax withholding and reporting for the firm and our clients. This is an excellent opportunity to work on a diverse team in a fast-paced and constantly changing environment. You will assist in creating and supporting scalable processes to support the firm’s global business segments in Global Banking & Markets, Asset & Wealth Management, Platform Solutions, and Advisory Solutions. You will gain extensive exposure and knowledge of US regulations around 1099, 1042-S, and Canadian tax reporting including corporate action tax processing, 871(m) withholding on certain derivative investments, Backup Withholding, Chapter 3 Withholding, and Chapter 4 Withholding.

OUR IMPACT

Tax Operations is responsible for maintaining the integrity of the firm’s compliance with reporting authorities around the globe and managing related inquiries from a variety of the firm’s business segments across Global Banking & Markets, Asset & Wealth Management, Platform Solutions, and Advisory Solutions. Day-to-day team functions include accurate and timely tax data analysis and processing, including Cost Basis tracking; reconciliations of firm and client withholding obligations, client information reporting to the US and Canadian tax authorities, reviewing and responding to client inquiries around unique tax situations, 871(m) withholding and reporting on certain derivatives, and regulatory filings.

RESPONSIBILITIES

• Reviewing and responding to client information reporting tax inquiries with timely and accurate analysis of the facts and circumstances

• Providing tax-related operational support to the firm’s Investment Professionals, Client Service Reps, and clients

• Reviewing and responding to inquiries from Tax Authorities and Regulators

• Complex corporate actions analysis 

• Supporting US and State tax regulatory filings

• Ensure data accuracy and integrity of regulatory tax filings

• Reviewing and solving breaks and exceptions arising from inconsistencies with upstream data producers

BASIC QUALIFICATIONS

• Bachelor’s Degree

• 3 years relevant work experience in Operations, Taxation, Accounting, Auditing, or related field

• Strong analytical and problem-solving skills with an ability to understand complex workflows

• Results orientated with the ability to balance time-sensitive projects while maintaining a longer term, strategic focus

• Excellent communication skills with an ability to influence senior business stakeholders and make decisions

• Strong attention to detail

• Proactive and self-starting individual with high level of ownership

• Questioning mindset with an ability to recognize potential risk and flag to managers

• Flexibility and ability to learn quickly

• Ability to work across various teams to complete time-sensitive tasks

• Strong data analysis skills 

• Intermediate/advanced Excel skills essential

PREFERRED QUALIFICATIONS

• Accounting, auditing, or reconciliations background is preferred, with an understanding of large-scale reporting

• Understanding of NRA, FATCA, and Backup withholding rules

• Prior exposure to IRS Forms 945, 1042, 1099, and 1042-S

• Prior exposure to Canadian Forms T5 and T5008

• SQL and Alteryx skills

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.  

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. 

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.