Senior Tax Accounting Associate

T. Rowe PriceOwings Mills, MD
3d$69,500 - $148,000Hybrid

About The Position

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident. We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity. Join us for the opportunity to grow and make a difference in ways that matter to you. About the Position We are seeking an adaptable and innovative Senior Tax Accounting Associate to join our Investment Tax team in our Global Investment Operations (GIO) business unit. You will join a team committed to operational excellence and a shared sense of purpose in serving the organization and our clients. You will also assess and manage risk and collaborate with a variety of internal teams and external partners and vendors. You will review tax provisions, distribution calculations, qualification requirements, shareholder tax reporting and tax compliance for mutual funds and ETFs. You will also apply taxation of financial products knowledge to fund holdings. We utilize an external tax service provider and you will participate in the oversight. You will be challenged to learn and utilize technologies such as Alteryx, Power Automate and Power BI to optimize processes. Role Summary Applies working and conceptual knowledge of practices related to taxation and tax accounting. Develops and delivers tax process documentation, training content, and super user support and ensures content is delivered. Responsible for the accuracy and completion of own work.

Requirements

  • Bachelor's degree
  • 2+ years of total relevant work experience

Nice To Haves

  • Expertise in regulated investment company and financial product taxation
  • Experience with technology tools including advanced Excel functions, Power BI, and Alteryx
  • Advanced degree such as Masters of Tax or Masters of Accounting
  • CPA or actively pursuing CPA

Responsibilities

  • With minimal guidance, completes day-to-day tax activities in accordance with tax guidelines, including preparing and maintaining tax records, returns, and reports.
  • Performs reviews to ensure tax filing compliance with the organization's policies and IRS regulations.
  • Summarizes findings and collaborates with senior staff and the business units in developing plans for remediating tax reporting and filing deficiencies and oversees the remediation status/progress.
  • Partners with senior tax analysts and managers to identify key performance indicators (KPIs) to monitor and manage business performance.
  • Acts as the liaison between reporting vendors and lines of businesses and ensures those businesses are reporting proper tax information.
  • Provides less experienced staff with direction and training sufficient to meet the needs of the Tax Compliance Program.

Benefits

  • Competitive compensation
  • Annual bonus eligibility
  • A generous retirement plan
  • Hybrid work schedule
  • Health and wellness benefits, including online therapy
  • Paid time off for vacation, illness, medical appointments, and volunteering days
  • Family care resources, including fertility and adoption benefits
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