Senior Tax Associate

In-House Tax Opportunity - HYBRID

Senior Tax Associate

Location: Edison NJ area

Salary to $130K plus bonus and exceptional benefits

Hybrid opportunity - 2 days WFH

About the Role

A leading wealth management firm is seeking a Senior Tax Associate to own its nonresident alien (NRA) withholding and information reporting function, with primary responsibility for Forms 1042 and 1042-S. The role also provides secondary support for domestic information reporting, including Forms 1099 and 5498.

What You'll Do

• Own the Form 1042-S reporting process from data validation through filing, corrections, and amendments.
• Reconcile Form 1042 to Forms 1042-S, withholding liabilities, federal tax deposits, and IRS account transcripts, and resolve discrepancies.
• Review Forms W-8 to determine documentation validity, recipient status, withholding rates, and treaty eligibility.
• Advise on the NRA withholding and reporting implications of corporate actions, income distributions, and cross-border transactions.
• Monitor regulatory changes and assess their impact on processes and systems.
• Partner with Operations and Technology to resolve complex reporting issues and support system enhancements and testing.
• Some overtime expected at year end (January-February)

What You'll Bring

• 5-7+ years of tax information reporting experience, including substantial hands-on work with Forms 1042/1042-S and NRA withholding.
• Advanced knowledge of Chapter 3 and Chapter 4 (FATCA) withholding, Forms W-8, and tax treaty requirements.
• Experience with Form 1042/1042-S reconciliation and IRS account transcript analysis.
• Strong analytical skills and the ability to research and resolve complex withholding issues independently.
• Strong written and verbal communication skills.
• Advanced Excel skills.
• Bachelor's degree in Finance, Accounting, Business, Taxation, or a related field, or equivalent professional experience.

Preferred

• Experience supporting audits, controls, or regulatory examinations related to NRA withholding and information reporting.
• Experience with tax reporting system implementations or testing.