Tax Operations Analyst, Robinhood
$73-110k
Salary varies by location; + Robinhood bonus plan and Robinhood’s equity plan
More information about location
Commission-free stock trading platform
Job no longer available
Commission-free stock trading platform
1001+ employees
Job no longer available
$73-110k
Salary varies by location; + Robinhood bonus plan and Robinhood’s equity plan
More information about location
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- We are seeking driven individuals who thrive in a fast-paced environment and can manage multiple priorities – a self-starter who can work independently but who is also a good team-player
- Bachelor’s degree in Finance, Accounting, or similar field
- 1-3+ years of relevant work experience; experience in tax, accounting, and/or operations a plus
- Interest in learning about tax information reporting and withholding rules
- Strong analytical and communication skills
- High attention to detail and accountability
- Focus on process improvements
- Ability to adapt and multi-task in a fast-paced, deadline driven environment
What the job involves
- Robinhood is looking for a motivated Tax Operations Analyst to join our team
- This role will be reporting to the Senior Manager of Tax Operations. As a member of our Tax Operations team, you will support our tax information reporting and compliance efforts related to the purchase and sale of equities and crypto
- Collaborate with our product, project, and engineering teams to launch, improve and scale Robinhood products and systems
- Contribute to and track various tax related projects such as new product launches and promotions
- Help our Customer Experience and Account Ops teams handle tax related inquiries and resolve reporting and withholding issues, including areas such as withholding, cost basis, retirement accounts, and crypto tax reporting
- Develop and assist with the implementation of reconciliations of data between internal systems and vendors, as well as verification of data being sent from the tax reporting vendor to IRS
- Work on executing various exception reports covering areas such as reporting, withholding and cost basis, while implementing internal policies and procedures
- Work on building and maintaining dashboards for metrics and checklists to manage and change workflows and queries to improve team functions as well as to improve customer experience
- Work with various Robinhood entities and departments to streamline data flow as well as automate processes where possible
Our take
For years, traditional brokers ruled the share trading realm, charging hefty fees that locked out everyday investors. Robinhood emerged as a disruptor, offering commission-free trading and opening the door to a new generation. Its innovative model thrives on premium features like increased buying power and extended trading hours, attracting a younger audience drawn to meme stocks like AMC and GameStop.
But Robinhood's not just about quick thrills. The company claims its mission lies in catering to "the unmet needs of the next generation," evidenced by its "Robinhood Retirement" launch, targeting gig-economy workers often excluded from financial planning. This commitment to accessibility aligns with its core values.
However, 2023 brought unexpected turbulence, as Robinhood became entangled in the FTX cryptocurrency exchange bankruptcy scandal when it emerged that the US Department of Justice seized hundreds of millions of dollars of the company's shares tied to FTX founder Bankman-Fried. Despite these challenges, Robinhood successfully bought back the missing stock, and its impact on democratizing finance remains undeniable.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 13 rounds)
Feb 2021
$2.4bn
CONVERTIBLE
Jan 2021
$1bn
LATE VC
Total funding: $5.6bn
Company benefits
- Well-being - Premium medical, dental, and vision insurance
- Family & home life - Parental leave, personal prosperity benefits
- Comfort & care - Annual lifestyle stipend
- Office life - Catered meals and fully stocked kitchen, commuter benefits
- Growth - Education and training, community events, career mentorships
Company HQ
Downtown Menlo Park, Menlo Park, CA
Leadership
Vlad Tenev
(Co-Founder)Studied Mathematics at Stanford University, where they met their fellow co-founder. Dropped out of a PhD to start Robinhood.
Baiju B.
(Co-Founder)Studied Mathematics and Physics at Stanford University, where they met their fellow co-founder.
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