Job Summary
The U.S. Tax Reporting Associate (P3) is a seasoned individual contributor responsible for end to end oversight of U.S. tax information reporting, with a primary focus on front to back data analysis, complex reconciliations, and reporting for the Institutional businesses.
This role independently manages complex tax reporting and reconciliation activities, supports the preparation and filing of domestic (1099 series) and foreign (1042 / 1042 S) tax forms, and partners with operations, technology, and business teams to drive data quality improvements and reduce reporting breaks. The P3 Associate is expected to identify risks, influence remediation strategies, and contribute to strategic enhancements impacting tax reporting outcomes.
Tax Reporting Oversight
> Provide independent, end to end oversight of U.S. tax information reporting across supported business lines.
> Support the preparation, validation, reconciliation, and timely filing of domestic (1099 series) and foreign (1042 / 1042 S) tax forms in compliance with IRS regulations and firm standards.
> Serve as a subject matter resource for complex tax reporting and withholding matters.
Front to Back Data & Reconciliation Ownership
> Perform detailed front to back analysis of tax reporting data flows, from upstream source systems through withholding, reporting, and regulatory submission.
> Own complex reconciliations, including analysis of breaks related to:
o 1042 / 1042 S reporting alignment
o Qualified Intermediary (QI) reporting and reconciliation
o Withholding to reporting discrepancies
> Execute daily and/or weekly reconciliations of tax withholding deposits and independently investigate and resolve variances.
Issue Management & Risk Identification
> Review exception reports and proactively identify issues impacting tax reporting accuracy, completeness, or compliance. Experience
> 5-8+ years of experience in tax operations, banking operations, or corporate tax reporting.
> Demonstrated experience supporting U.S. tax information reporting, with strong expertise in 1042 S and 1099 compliance.
> Experience independently managing complex reconciliations and resolving data driven reporting issues.
Knowledge & Skills
> Strong knowledge of IRS regulations, including:
o IRC Chapter 3 (Non Resident Alien Withholding)
o IRC Chapter 4 (FATCA)
> Advanced analytical and problem solving skills with the ability to interpret complex data sets.
> Ability to exercise sound judgment, manage multiple priorities, and operate with limited supervision.
> Strong communication skills with the ability to partner effectively across operations, technology, and business teams.
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be $64,000.00-$107,500.00 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visithttps://www.morganstanley.com/people-opportunities/eeo
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, our firm's employees serve clients worldwide including corporations, governments, institutions and individuals.
We are committed to maintaining the first-class service and high standard of excellence that have always defined the firm and everything we do is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back.
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