Director of Corporate Tax Reporting

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

This is a hybrid role (3 days in the office / 2 days remote).

About your team:

The Interactive Brokers Global Tax Team serves an important role in the success of our business. We mitigate risk and create value for our business and our customers.  We partner with many functions across the company, including Accounting, Treasury, Technology, Customer Service and Marketing, to assist our business for achieving our commitment of delivering value through technological innovation and providing our clients with unprecedented access to global markets at the lowest cost.  The Global Tax Team sets the tax policy for the company, and identifies, develops, implements and manages tax strategies to help minimize our overall tax cost.  We advise on the U.S. and international tax aspects of our product offerings to customers, manage tax audits, and ensure financial reporting and tax returns are filed timely and accurately.

We are looking for a highly skilled and seasoned tax professional to join our rapidly growing Global Tax Team to strengthen our global financial tax reporting function.  As an important member of the Global Tax team reporting to the Director of Corporate Tax Compliance and Reporting, the person will have extensive interaction with key Tax personnel as well as non-tax business executives throughout the organization.  The person will be responsible for reporting of our consolidated monthly, quarterly and annual U.S. tax provision under ASC 740, including the worldwide effective tax rate, deferred taxes, uncertain tax positions, valuation allowances and tax footnote disclosures.  A successful candidate will need to be a collaborative team player, and is entrepreneurial, detail oriented and an excellent communicator.

What will be your responsibilities within IBKR: 

• Working with other members of the Tax team, prepare and review monthly, quarterly and yearend tax provisions globally.
• Calculate and analyze the effective tax rates for the group as a whole, for individual companies, and for sub-groups within the group structure.
• Assist in the preparation and review of estimated tax payment computations and related workpapers.
• Closely coordinate with Tax Compliance team to ensure accurate RTP adjustments, including review of tax returns and workpapers .
• Document all temporary and permanent book/tax adjustments, including deferred tax asset and liability calculations and tax basis balance sheet, and ensure accurate and comprehensive documentation for audit and reporting purposes.
• Work closely with Accounting team to prepare and review tax footnotes and all other tax related disclosures for SEC and other required filings.
• Prepare modeling to assist with analysis on tax planning strategies to minimize the company’s tax liabilities while maintaining compliance with all relevant tax laws and regulations.
• Identify opportunities for tax optimization and process efficiency improvements, including improvements to tax computations and workpapers.
• Stay abreast of changes in tax laws, regulations and tax accounting rules that may impact the company’s tax obligations, advising senior management on potential risks and opportunities.
• Ensure compliance with SOX and similar regulatory requirements relating to tax matters.
• Collaborate with other tax professionals, providing guidance, support, and mentorship to ensure high performance and professional development cross different teams.
• Assist with research, development and integration of tax provision and/or tax compliance technologies, including tax data collection and automation.
• Support Internal Audit/Risk Reviews.
• Build and maintain relationships with external auditors, tax authorities and other relevant stakeholders, representing the company’s interests and ensuring effective communication and cooperation.

Which skills are required:

• Advanced degree in accounting, finance, or a related field; CPA is preferred.
• Deep knowledge and experience in tax accounting, in particular U.S. GAAP accounting (including ASC 740).
• Minimum of 12 years of progressive experience in tax accounting and reporting, preferably with a publicly traded company and/or public accounting firm.
• Experience in the financial services industry is a plus.
• Advanced MS Office skills, particularly MS Excel.
• Solid experience with tax provision and compliance software such as OneSource, including integration with such software.
• Strong technical knowledge of US and international tax laws and regulations, with experience in both domestic and international tax compliance and modeling for planning.
• Experience with US corporate and partnership taxation.
• Excellent analytical, problem-solving, and decision-making skills, with the ability to analyze complex tax issues and develop innovative solutions.
• Exceptional communication (orally and in writing) and interpersonal skills, with the ability to effectively communicate complex tax concepts to non-tax professionals and senior executives.
• Strong project management skills, with the ability to manage multiple priorities and deadlines in a fast-paced environment.
• High level of integrity, professionalism, and commitment to excellence, with a demonstrated track record of delivering results and driving continuous improvement.

 To be successful in this position, you will have the following:

• Self-motivated and able to handle tasks with minimal supervision.
• Superb analytical and problem-solving skills.
• Excellent collaboration and communication (Verbal and written) skills.
• Outstanding organizational and time management skills

Company Benefits & Perks

• Competitive salary, annual performance-based bonus and stock grant
• Retirement plan 401(k) with a competitive company match
• Excellent health and wellness benefits, including medical, dental, and vision benefits, and a company-paid medical healthcare premium
• Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP)
• Paid time off and a generous parental leave policy
• Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snack
• Corporate events, including team outings, dinners, volunteer activities and company sports teams
• Education reimbursement and learning opportunities
• Modern offices with multi-monitor setups

Location

The role will be based in Greenwich, CT.  Role is hybrid and will require in-office attendance 3 days/week.