KPMG Associate, Tax Securitization - Risk Analytics in McLean, Virginia

Associate, Tax Securitization - Risk Analytics

McLean, Virginia

Requisition #: 33963

Practice Area: Advisory

Location: McLean, VA

Known for being a great place to work and build a career, KPMG provides audit, tax and advisory services for organizations in today's most important industries. Our growth is driven by delivering real results for our clients. It's also enabled by our culture, which encourages individual development, embraces an inclusive environment, rewards innovative excellence and supports our communities. With qualities like those, it's no wonder we're consistently ranked among the best companies to work for by Fortune Magazine, Consulting Magazine, Working Mother Magazine, Diversity Inc. and others. If you're as passionate about your future as we are, join our team.

KPMG is currently seeking an Associate/Senior Associate in Risk Strategy & Compliance - Risk Analytics for ourpractice.

Responsibilities:

  • Research federal and international income tax issues related to debt instruments, stated interest, original issue discount, premium, market discount, and tax principles impacting asset backed securitization (ABS) and mortgage backed securities (MBS)

  • Independently research the source of MBS tax factors using Intex and Bloomberg and retrieve tax factors from trustees by forming strong relationships with trustee contacts and follow up until resources are exhausted and tax factors are obtained

  • Gain a comprehensive understanding of the typical structured debt instruments, including the tax consequences of the debt instruments in current and past markets and the impact on investors

  • Assist in system development, enhancement, and testing related to proprietary software used for loans and MBS income accrual calculations

  • Independently generate and review MBS income accruals using a proprietary system, accuracy of the data inputs, and correctness of the results

  • Generate U.S. federal income tax forms and statements for ABS and MBS and for offshore issuers, and assist with project planning, development of deliverables, and other technical writing exercises

Additional for Senior Associate:

  • Supervise and serve as a mentor to associates and interns on engagements

  • Serve as a liaison between clients and upper management

  • Identify and communicate technical matters to both clients and upper management

Qualifications:

  • A minimum of one year of related experience in a financial services, consulting, or accounting firm

  • Bachelor's degree in accounting from an accredited college/university and eligibility to sit for the CPA exam

  • Strong interest in U.S. federal income tax principles and international tax principles related debt instruments, financial statement analysis, and journal entries

  • Intermediate capabilities in spreadsheets, including vlookups, pivot tables, and capacity to work with a massive amount of data

  • Strong analytical skills and attention to detail with the ability to work with large amounts of data to create a trial balance and financial statements

  • Excellent communication skills and the capability of writing two to three page memos on tax issues and financial analysis

  • Travel may be up to 80-100%

  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future

Additional Qualifications for Senior Associate:

  • A minimum of three years of related work experience in a financial services, consulting, or accounting firm

  • Previous supervisory experience

  • Well-established understanding of business dynamics and regulations

KPMG LLP (the U.S. member firm of KPMG International) offers a comprehensive compensation and benefits package. KPMG is an equal opportunity employer. All qualified applicants are considered for employment without regard to race, color, creed, religion, age, sex/gender, national origin, ancestry, citizenship status, marital status, sexual orientation, gender identity or expression, disability, physical or mental handicap unrelated to ability, pregnancy, veteran status, unfavorable discharge from military service, genetic information, personal appearance, family responsibility, matriculation or political affiliation, or other legally protected status. KPMG maintains a drug-free workplace. KPMG will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable local, state or federal law (including San Francisco Ordinance number 131192). No phone calls or agencies please.

Our Benefits

Health

KPMG offers a range of medical insurance options to meet your needs as well as prescription drug coverage, health care flexible spending accounts, and dependent day care flexible spending accounts.

Personal Time Off (PTO)

Up to 30 PTO Days per year (depending on job classification/level/years of service).

Financial

  • 401(k) and Pension Plans

  • Dependent Care Flexible Spending Account

  • Health Care Flexible Spending Account

  • Mortgage Assistance Program

  • HomeBenefits@Work Program

  • Hyatt Legal Plan

  • Benefits vary by employment status.