Sr. Specialist Accounting
Your Opportunity
Your opportunity
Withholding and Reconciliation is a niche group within Tax and Cost Basis Operations that serves to reconcile our withholding accounts, file timely returns for both state and federal entities and remit withholding to both the IRS and state government every day. We are dedicated to leading a culture that delivers timely and accurate tax reporting in our efforts to create a premier client experience, while providing a controlled and focused environment that allows our employees to feel valued and engaged.
Duties will include:
- Monthly, quarterly and annual returns with various state and federal filings in addition to filing detailed electronic filings
- Reconciliations of variances between numerous systems to ensure our various state and federal filings are in order
- Research and resolve notices received from the state and federal government agencies
- Oversee withholding rates changes issued by states and the treaties issued by the federal government
- Develop and maintain processing procedures for the team
- Coordinate with internal business partners to ensure maintenance of tax databases
- Partner with external partners and vendors to ensure compliance with regulations
- Work closely with outside groups to develop new processes and identify mutually helpful opportunities for improvement in the overall process(es)
To ensure that we fulfill our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.
What you have
Required Qualifications:
- 2+ years of accounting, tax, finance or reconciliation experience
- Experience in training and mentoring team members
- Experience in using access database, pivot tables, and nested Excel formulas
- Bachelors degree
Preferred Qualifications:
- Experience with Schwab’s Client Tax & Cost Basis back office applications
- Ability to have strict adherence to the established policies and procedures
- Ability to work under pressure in a constantly evolving environment while maintaining a high level of positivity and professionalism
- Good decision making and sound judgment skills are a must
- Attention to detail to identify and mitigate risk by adhering to department and firm policies and procedures
- Strong communication skills with the ability to develop and grow working relationships with internal and external clients
- Identify and communicate issues effectively and timely to peers and leadership
- Ability to multi-task and understand the importance of follow-through
- Have outstanding time management and organization skills
- Ability to work in undefined environments
- Strong reconciliation, analytical and research skills
In addition to the salary range, this role is also eligible for bonus or incentive opportunities
What’s in it for you
At Schwab, we’re committed to empowering our employees’ personal and professional success. Our purpose-driven, supportive culture, and focus on your development means you’ll get the tools you need to make a positive difference in the finance industry. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
What you are good at
What you have
Required Qualifications:
- 2+ years of accounting, tax, finance or reconciliation experience
- Experience in training and mentoring team members
- Experience in using access database, pivot tables, and nested Excel formulas
- Bachelors degree
Preferred Qualifications:
- Experience with Schwab’s Client Tax & Cost Basis back office applications
- Ability to have strict adherence to the established policies and procedures
- Ability to work under pressure in a constantly evolving environment while maintaining a high level of positivity and professionalism
- Good decision making and sound judgment skills are a must
- Attention to detail to identify and mitigate risk by adhering to department and firm policies and procedures
- Strong communication skills with the ability to develop and grow working relationships with internal and external clients
- Identify and communicate issues effectively and timely to peers and leadership
- Ability to multi-task and understand the importance of follow-through
- Have outstanding time management and organization skills
- Ability to work in undefined environments
- Strong reconciliation, analytical and research skills
In addition to the salary range, this role is also eligible for bonus or incentive opportunities
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.