What are the responsibilities and job description for the Financial Analyst position at LHH?
LHH is looking for a talented Financial Analyst at our Tier One Banking Client in the Pennington, NJ market. Qualified candidates will have a strong understanding of requests received from clients to Front Line Units submitted via New Service Gateway and email regarding updates and research of cost basis reflecting in our Global Tax Lots system. In addition, qualified candidates will have a strong understanding of IRS rules and regulations.
About Team & Role:
The financial analyst will be a part of our Cost Basis Team. This team handles branch inquiries and update requests received from clients to Front Line Units submitted via New Service Gateway and email regarding updates and research of cost basis reflecting in our Global Tax Lots system. Tax Reporting Operations is responsible for accurate reporting of covered securities and tax lots to the Internal Revenue Service so the ability to update tax lot records accurately and efficiently is required.
Duties:
- Processes routine/standard transactions according to established procedures and prescribed processes.
- Daily responsibilities will cover one or more operations functional areas such as: analyses, report generation, opening new accounts, trade processing, payment processing, data entry, etc.
- Provides quality service and effective and efficient operations support for the assigned area's internal business partners and/or external customers and clients.
- May provide advice and assist with training for less experienced team members.
- Research and resolve transactional breaks that result in inaccurate cost basis that requires manual update.
Requirements:
- 1 years’ experience with financial statements, records and ideally also updating tax lot records.
- Proficient with Microsoft Office, Outlook, Word and Excel
- Understanding of IRS rules and regulations.
- Ability to appropriately mange situations with independence of thought but also understanding when to appropriately escalate to leadership.
- Proven ability to effectively service/resolve client inquiries
- Strong written & verbal communication skills along with good interpersonal skills
- Strong analytical and problem-solving skills
- Ability to work in a fast paced environment.
- Ability to work independently and on a team.
