Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities.
Tower is home to some of the world’s best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization.
Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance.
At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do — combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best.
At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.
Responsibilities
Tax Reporting and Partner Allocations
- Executing and reviewing monthly and quarterly tax allocations, utilizing analytical skills to drive continuous improvement in tax estimate accuracy
- Performing effective tax reporting classification scoping and analysis to streamline general ledger tax reporting integrations and mitigate audit risk
- Consolidating and preparing tax schedules for external tax advisors in the annual K-1 reporting process, ensuring full compliance with IRS guidelines and expanded country reporting requirements
- Assisting with the preparation and coordination of tax filings across jurisdictions where Tower operates
Transfer Pricing & Compliance
- Reviewing transfer pricing transactions to ensure compliance with Tower policies and regulatory standards
- Managing the annual transfer pricing study with external tax advisors to ensure an efficient annual process
Review & Stakeholder Management
- Serve as the first-line reviewer of external tax advisor K-1 reporting and related outputs, validating accuracy before escalating for final sign-off
- Serve as a key point of contact for partners and their respective tax consultants, providing excellent service and addressing questions or concerns promptly and accurately
- Handling additional ad hoc tax-related requests as required
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field
- CPA required
- 3-5 years partnership tax experience at a multinational public accounting firm or public/private mix
- Advanced excel skills (Lookups, Pivot Tables, SUMIF, Index/Match, nested IF functions)
Preferred Qualifications
- Asset management experience preferred
- Transfer pricing experience preferred
- Highly technical excel skills (Power Query, Power Pivot, DAX) preferred
- Experience or willingness to leverage AI tools to help build scalable, streamlined processes
Anticipated annual base salary range $100,000 - $125,000, plus eligible for discretionary bonus.
Compensation & Benefits
Tower’s headquarters are in the historic Equitable Building, right in the heart of NYC’s Financial District and our impact is global, with over a dozen offices around the world.
At Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive – without the egos. Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win.
Our benefits include:
- Generous paid time off policies
- Savings plans and other financial wellness tools available in each region
- Hybrid working opportunities
- Free breakfast, lunch, and snacks daily
- In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more)
- Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)
- Volunteer opportunities and charitable giving
- Social events, happy hours, treats, and celebrations throughout the year
- Workshops and continuous learning opportunities
At Tower, you’ll find a collaborative and welcoming culture, a diverse team and a workplace that values both performance and enjoyment. No unnecessary hierarchy. No ego. Just great people doing great work – together.
Tower Research Capital is an equal opportunity employer.
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What We Do
Founded in 1998 by Mark Gorton, Tower Research Capital is a trading and technology company that has built some of the fastest, most sophisticated electronic trading platforms in the world.
