Senior Tax Accountant at DV Trading

Chicago, Illinois, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Proprietary Trading, Hedge FundsIndustries

Requirements

Bachelor’s degree in Accounting, Finance, or related field
5+ 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 regulations
Strong working knowledge of Section 475(f) mark-to-market elections
Strong working knowledge of partnership and hedge fund taxation
Strong working knowledge of K-1 preparation and review
Advanced 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 resources
Desire to take ownership of projects and ideas, while being able to identify gaps and other areas of improvement
Ability to adapt to a dynamic and ever-changing environment – high growth mode and move quickly to achieve business goals
Ability to work 4X a week in our Chicago office

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

Skills

Partnership Taxation

Section 1256

Section 475(f)

Schedule K-1

Mixed Straddle Adjustments

Mark-to-Market

Capital Gains Reconciliation

Tax Compliance

Tax Planning

Financial Instruments Taxation

IRS Regulations

Tax Research

DV Trading

Proprietary trading and liquidity provision firm

About DV Trading

DV Trading is a proprietary trading firm that engages in trading financial instruments on derivatives and securities exchanges worldwide. The firm uses its own capital and advanced technology to provide liquidity in the markets, employing both quantitative and discretionary trading strategies. Unlike its competitors, DV Trading fosters a collaborative culture with a flat organizational structure, allowing for quick adaptation to market changes. The company's goal is to optimize trading performance and achieve significant returns by leveraging its market relationships.

Chicago, IllinoisHeadquarters

2006Year Founded

VENTURE_UNKNOWNCompany Stage

Energy, Fintech, Financial ServicesIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Company Match

Paid Parental Leave

Wellness Program

Risks

Increased competition from AI-driven algorithmic trading firms threatens market share.

DeFi platforms attract liquidity away from traditional firms like DV Trading.

Regulatory scrutiny may increase operational costs for proprietary trading firms.

Differentiation

DV Trading leverages both quantitative and discretionary strategies for market liquidity.

The firm has a strong presence in derivatives and securities exchanges globally.

DV Trading emphasizes a flat organizational structure for quick market adaptation.

Upsides

Algorithmic trading in energy markets offers new opportunities for DV Trading.

DeFi platforms provide avenues for innovative liquidity models and strategy diversification.

Machine learning advancements enhance DV Trading's decision-making and trade execution.

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