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Alpaca

Developer APIs for stocks and crypto trading, investing apps, and embedded fintech.

Manager, Tax Reporting, Cost Basis

TaxTaxOtherRemoteSeniorTeam 201-500H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

120 days ago

Salary

0

Seniority

Senior

Bachelor Degree3 yrs expEnglish

Job Description

Manager, Tax Reporting, Cost Basis

Alpaca

• Lead annual tax reporting cycles, including timely and accurate production of Composite 1099 statements and Forms 1042-S • Execute and oversee withholding agent responsibilities under Chapter 3, Chapter 4 (FATCA), and backup withholding • Prepare, file, and reconcile Forms 1042 and 945, including timely tax deposits and reconciliation of reported amounts • Ensure compliant setup and execution of tax reporting and withholding for complex ownership structures, including: Qualified Intermediaries, Non-Qualified intermediaries, fully disclosed and omnibus arrangements • Serve as an internal SME on beneficial owner determination, withholding rates, and reporting responsibility • Review and operationalize W-8BEN, W-8BEN-E, and W-8IMY documentation, including withholding statements and income allocation • Manage Alpaca’s tax reporting vendor, FIS, relationship, including data quality, error and warning remediation, delivery timelines, and process improvements • Coordinate and respond to tax-related audits, examinations, and IRS notices (e.g., CP2100) • Act as a backup to the Senior Manager, ensuring continuity of tax reporting and cost basis operations • Partner with Product, Engineering, Legal, and Compliance on tax reporting requirements, system enhancements, and program scalability

Job Requirements

  • 3+ years of hands-on tax reporting and/or cost basis experience at a securities broker-dealer
  • Direct experience with Composite 1099 statements and Forms 1042-S production
  • Working knowledge of Chapter 3 and Chapter 4 withholding and reporting requirements
  • Working knowledge of Form W-8IMY analysis and application, such as Qualified Intermediaries, Non-Qualified intermediaries and both fully disclosed and omnibus arrangements
  • Experience acting as or supporting a withholding agent
  • Series 7 registration (or ability to obtain)
  • Strong understanding of IRS regulations covering securities products (equities, options, fixed income)
  • Exceptional attention to detail with strong documentation and reconciliation skills
  • Comfortable operating in evolving environments where processes are still being built
  • Proven ability to manage multiple priorities while maintaining accuracy and deadlines
  • Clear communicator across Slack, email, and ticketing systems with a strong sense of ownership.

Benefits

  • Competitive Salary & Stock Options
  • Health Benefits
  • New Hire Home-Office Setup: One-time USD $500
  • Monthly Stipend: USD $150 per month via a Brex Card

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