Job
Description
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Job TitleTax Processing Analyst
LocationPune, India
Role Description
The Tax Processing Analyst is responsible for the operational processing of specific tax-related processes, residing within the Tax Utility, including but not limited toTax reclaims.Tax reporting, Relief and Source processing. The Tax Processing Analyst has responsibility to complete all daily process activities in line with the Risk and Control framework present in the Tax Utility, escalate where issues are identified, or processes are not completed within existing key timelines.The Tax Processing Analyst has direct interaction with internal and external parties including trading desks, counterparties, and clients, and must ensure accurate and timely responses.
What well offer you
100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationAccident and Term life Insurance
Your key responsibilities
Work with/ under the supervision of the senior tax team member for FATCA, CRS, 1099, 1042S and other tax compliance for entities across APAC, EMEA and US region.Work closely with the relevant finance, client data, local tax operations team to ensure tax compliance.Assist senior team members to evaluate tax risks and implement best practices for risk mitigation.Procurement of documentation to ensure treaty tax rates are applied accurately.File tax returns, regulatory tax reports and support internal and external tax audits.The candidate should have the good know-how of technical and functional aspects of FATCA & CRS regulations, Chapter 3, Chapter 4, and Chapter 61 etc.Stay updated on the tax regulatory developments and analyze and plan to control the risk and ensure timely and accurate reporting.Manage day to day activities for Chapter 4, CRS (AEOI), 1099 and 1042S reportingManage day to day processing for operational tax processes vizWithholding Tax, tax on income (dividend/interest)Raise technical development requirement with IT with good understanding of Agile delivery.Execute and plan UAT to ensure IT readiness for adequate controls and reporting.Manage stake holders from different regions and time zones.Ensure data quality of Tax data on back-office systemsProduce Tax MIS and maintain full audit trailsReview the processes undertaken within the team and redevelop and redesign where cost savings/efficiencies can be madeKnowledge of Trade, Dividend income corporate actions, settlements and Securities lending along with different types of reclaims forms, statutes etc. will be an added advantage.
Your skills and experience
The ideal candidate will have a BCOM/CA/MBA/ Other Finance Masters and 3-5 years of relevant work experience in Tax Operations in FATCA, CRS, 1099 and 1042S reporting or related discipline.
Skills:
Basic understanding of FATCA, CRS, 1099 and 1042S reporting and working knowledge of IRS forms W9, W8 tax forms, reporting obligationsAbility to act as a change agent in regulatory reportingStrong MS Office skills, particularly in ExcelQuick learner with excellent communication skills (both verbal and non-verbal) and ability to work in different areas of tax operations.Should be flexible to work in all shifts i.e. APAC, US etc.
How well support you