Tax Accountant (Associate Principal)

Who We Are

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC is dedicated to promoting stability and financial integrity in the marketplaces that it serves by focusing on sound risk management principles. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

What We Offer

A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:

A hybrid work environment, up to 3 days per week of remote work

Tuition Reimbursement to support your continued education

Student Loan Repayment Assistance

Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely

Generous PTO and Parental leave

Competitive health benefits including medical, dental and vision

What you will do:

As a member of the Accounting team reporting to our Accounting Manager -  Tax, you will play a key role in helping the team with day-to-day tax operations functions such as OCC’s income tax requirements, Federal, State, and Local tax compliance, sales and used tax and other ad-hoc projects, to support OCC’s business needs. This position will also interact with key finance, accounting, and other business partners across OCC. Requires the ability to thrive in a fast-paced work environment, multitask and prioritize responsibilities and demonstrate strong analytical skills with the ability to make smart business decisions using a good sense of judgement.

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

  • Assist in the preparation and review of quarterly and annual income tax provision workpapers, including calculations, tax account roll forwards, and analysis of uncertain tax positions

  • Identify, assess, and implement process improvements and documentation in tax operations to optimize income tax accounting and compliance processes

  • Maintain policies and procedures applicable to accounting and tax processes.

  • Maintain internal control processes and standards and ensure effectiveness and compliance with US GAAP.

  • Prepare and review Federal, State, and local income tax returns

  • Own tax controls and assist with quarterly assessment and documentation

  • Complete monthly/quarterly close activities, including ASC 450 tax accruals

  • Assist with tax research and documentation of tax accounting and other tax technical matters

  • Assist management and oversight of daily operations of the accounting department, including, but not limited to accounts payable, leases, fixed assets, financial reporting, and taxes.

  • Work with Finance to monitor business forecasts and related results to analyze and maintain effective tax rate and forecasts

  • Work with internal and external auditors and regulatory examiners.

  • Assist with issuance of annual GAAP financial statement audit report.

  • Assist in preparation of annual financial statements and tax related footnotes.

  • Spearhead ad-hoc projects

Supervisory Responsibilities:



The requirements listed are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

  • 3 years of previous accounting/tax experience

  • Critical thinker, alert to conditions that may indicate possible misstatement due to fraud or error

  • Ability to meet deadlines, prioritize and delegate duties

  • Excellent communication skills, both verbal and written

  • Understands the importance of team building, both inside and outside the Accounting group

  • Strong knowledge of U.S. Generally Accepted Accounting Principles (GAAP)

  • [Preferred] Prior SEC/regulatory work environment experience and knowledge of Accounting software

Technical Skills:

  • Proficient with Microsoft Office - Excel

  • [Preferred] Experience in Oracle accounting software platform

Education and/or Experience:

  •  Bachelor of Science degree in Accounting/Tax

  •  [Preferred] 3+ years of financial services experience

  • Prior experience with tax issues and preparing supporting documentation for tax preparer

  • [Preferred] Prior experience in SEC regulated Financial Services company

Certificates or Licenses:

  • [Preferred] Certified Public Accountant

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.  

Step 2
You will receive an email notification to confirm that we've received your application.

Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location. 

For more information about OCC, please click here.

OCC is an Equal Opportunity Employer

Apply About OCC
  • REQ-2738
  • Chicago - 125 S Franklin
  • Full Time Regular
  • Posted: Aug. 09, 2022

How to Apply

Step 1 - When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.

Step 2 - You will receive an email notification to confirm that we've received your application.

Step 3 - If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.

OCC is an Equal Opportunity Employer

Numerous studies have shown that people from groups that are traditionally under-represented in financial services apply to jobs only if they believe they meet 100% of the requirements. We want to break down this mindset to further diversify our workforce.

We encourage you to review our open positions and apply if you think your experience may be a match, even if you do not meet all of the qualifications. Your perspective may be an element we need to continue building innovative solutions to support the markets and market participants we serve.

OCC is a globally recognized entity that clears a multitude of diverse and sophisticated products. We want to reflect this in the diversity of our workforce.

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