Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

The Sr Spec Tax Reporting has the responsibility for administration supporting both day-to-day processing and reporting of tax forms, and preliminary reconciliation of tax liability.  Processing and reporting include updates to tax forms, as well as the review and resolution of form error reporting. Main job is to provide support in:

• Daily Suspense reconciliation is the act of reconciling the net income on the in the system to the income reported on the tax return by adding and subtracting the non-tax items. 

• QC of both US and Global teams for limited tasks. Trend tracking and reporting 

• Compare audits and reporting. (Missing distribution report will apply here)  

• Ad hoc requests for updates or research as needed

• Tax form rejects and audit processing require critical thinking, review

ESSENTIAL FUNCTIONS

• Responsible for complex tax form processing and quality review; tax form types include but not are limited to:  1099 R, 1099 MISC, 1099 NEC, and W-2

• Performs review of assigned tax reports

• Completes periodic reports documenting variance root cause and resolution.

• Verifies problem resolution is timely and accurate. Follows up with appropriate areas regarding unresolved issues.

• Complete all daily, monthly, and ad-hoc tasks and report accurately

• Prepare weekly / Monthly reports 

• Provide feedback to improve processes

• Build expertise to be able to respond to questions from team and serve as team SME

• Escalate all issues promptly and effectively to Lead/ Supervisor

• May assist in annual tax form production tasks

• Other duties as assigned

• Shift Timing: Variable as per the business demand – Monday to Friday

QUALIFICATIONS

• Bachelor’s degree in finance is strongly preferred or equivalent to industry experience

• 4-7 years financial operations in Reconciliations, Federal tax knowledge. Knowledge and understanding of taxes as they apply to retirement plans

• Critical Thinking

• Ability to research independently

• Basic understanding of 401k

•  and Tax form and Ability to work independently without set steps

• High level knowledge of MS Excel and able to convert the data into reporting for various management checks.

• Knowledge of Taxport and Alteryx.

• Strong analytical/problem solving, written and verbal communication skills

• Ability to multi-task, prioritize, and problem-solve effectively

• Strong attention to detail

• Excellent time management

• Flexible in shifts

• Ownership mindset

This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job.  The employer has the right to revise this job description at any time.   You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job description.   You may be required perform other duties that are not included on this job description.  The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.

We are an equal opportunity employer with a commitment to diversity.  All individuals, regardless of personal characteristics, are encouraged to apply.  All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.