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Tax Manager / Supervisor Job

Date: Mar 11, 2010

Location: Boston, MA, US

Tax Manager - 0902661

Description



Position Description

The Tax Manager assists in managing the efforts of tax department staff to ensure that all Fidelity corporations, controlled partnerships and other entities, comply with federal, state and local income tax law. Oversees the timely and accurate preparation of federal, state and local income and franchise tax returns, and the determination and preparation of estimated tax payments. Assists in the management and coordination of federal, state and local income tax audits. Responsible for financial statement reporting of taxes on income, including preparation of financial statement footnote disclosure. Actively participates in the development and implementation of tax strategies to minimize tax liabilities. Serves as a resource to other Fidelity departments in assisting them on tax related matters. Responsible for the supervision and development of the tax staff.

Position Responsibilities

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Responsible for the timely and accurate preparation of the federal tax return of FMR LLC and subsidiaries, consisting of 100 plus companies. Must understand S corporation return rules as well as financial accounting to be able to follow the accounting consolidation and elimination entries. Must coordinate the efforts of tax department staff. Also responsible for the review and managing preparation of non-consolidated federal tax returns for Fidelity Investments.

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Responsible in assisting with the timely and accurate preparation of the state tax returns for Fidelity Investments consisting of approximately 600 state tax return filings including filings for LLC's and other flow through entities. Must have a strong understanding of the income tax laws in all states and keep abreast of state tax law changes and their affect on Fidelity Investments.

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Actively participates in the development and implementation of tax strategies to minimize tax liabilities. Must be able to work closely with business managers and Vice Presidents to obtain information necessary for tax analysis and planning.

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Responsible for financial statement reporting of taxes on income, including preparation of the tax provision, determination and reconciliation of tax accounts and preparation of financial statement footnote disclosure. Must have strong understanding of FAS 109.

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Responsible for determining proper US reporting of foreign entities and investments including foreign partnerships, foreign personal holding companies, controlled foreign corporations, foreign disregarded entities and passive foreign investment companies.

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In the performance of the above-mentioned responsibilities the tax manager is responsible for the supervision and development of tax staff.

Qualifications

Education and Experience


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Masters degree in Taxation/CPA, or the equivalent combination of education and experience.

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Three to five years of experience in a public accounting firm or a combination of public accounting firm and large corporate tax department experience.

Skills and Knowledge


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Experience with flow-through entity taxation preferred.

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Experience with CorpTax software preferred.

Company Overview:

Fidelity Investments is one of the world's largest providers of financial services, with assets under administration of $3.0 trillion, including managed assets of more than $1.4 trillion as of August 31, 2009. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to over 20 million individuals and institutions as well as through 5,000 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, the largest mutual fund supermarket and a leading online brokerage firm. For more information about Fidelity Investments, visit www.fidelity.com.

Job

: Finance

Primary Location

: MA-Boston

Schedule:

: Full-time

Job Level:

: Manager

Education Level

: Bachelor's Degree (±16 years)

Job Type

: Standard

Shift:

: Day Job

Overtime Status:

: Exempt

Travel:

: No


Nearest Major Market: Boston
Job Segments: Accounting, Finance, Franchise


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