Job Description
Job Description
About Us :
Founded 19 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout the world. Since spinning out of a large brokerage firm in 2016, DV Trading rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity and hedging opportunities to financial participants, commodity producers and counterparties worldwide. DV Group affiliates also include two broker dealers, an introducing broker in commodities, a cryptocurrency market making firm, and several investment advisory firms.
Overview :
We are seeking a highly skilled Senior Tax Accountant with deep expertise in complex investment taxation. The ideal candidate will have strong technical knowledge of partnership taxation and financial instruments, with the ability to handle intricate tax calculations and reporting for investment entities such as hedge funds, trading firms, and partnerships.
Job Responsibilities :
- Calculate and report Section 1256 gains and losses, including mixed straddle adjustments and mark-to-market entries under Section 475(f).
- Manage and reconcile tax treatment of short-term and long-term capital gains across multiple trading strategies and instruments.
- Prepare and review Schedule K-1s for complex partnership structures, ensuring accurate allocations of income, deductions, and partner capital.
- Perform detailed analysis of investment portfolios for tax characterization and compliance with IRS regulations.
- Monitor tax law changes related to financial instruments and trading activity; provide guidance on implications for clients or firm entities.
- Assist in tax planning, compliance, and strategy implementation for entities making Section 475(f) elections.
- Review and document tax positions, supporting workpapers, and research memos.
Requirements :
Bachelor's degree in Accounting, Finance, or related field5+ years of relevant tax experience, ideally within a public accounting firm, hedge fund, or financial services environment.Strong working knowledge of :IRC Section 1256 and mixed straddle regulationsSection 475(f) mark-to-market electionsPartnership and hedge fund taxationK-1 preparation and reviewAdvanced Excel and data analysis skills; familiarity with financial instruments and trade data preferred.Excellent analytical, communication, and problem-solving abilities.Strong problem solver with the ability to navigate ambiguity and leverage your resourcesThe desire to take ownership of projects and ideas, while being able to identify gaps and other areas of improvementThe ability to adapt to a dynamic and ever-changing environment – we are in high growth mode and move quickly to achieve business goalsAbility to work 4X a week in our Chicago officeBenefits :
Discretionary bonus eligibilityMedical, dental, and vision insuranceHSA, FSA, and Dependent Care optionsEmployer Paid Group Term Life and AD&D InsuranceVoluntary LTD, Life & AD&D insuranceFlexible vacation policyRetirement plan with employer matchPaid parental leaveWellness ProgramsAnnual compensation range $120K - $150K base + discretionary bonus eligibility
DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV's posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.