Tax Analyst - CA/CPA/CFA

Location: Bengaluru/Bangalore

Core Purpose of the Role:

- To provide professional accounting and financial analysis services related to activities associated with the participant tax reporting and and maintenance of a complete and accurate general ledger and the resultant managerial reports

Reporting Lines:

- The Tax Analyst will report to the Tax Accounting Supervisor

Key Responsibilities:

- Perform weekly imports for Convey Tax System jobs and balancing

- Responsible for testing Convey interim updates and ensuring the integrity of the data held within the system is in good condition and not corrupted

- Prepares monthly - Convey tax withholdings to deposits- balancing reconciliation worksheets by the 10th of the next month

- Run the quarterly state jobs and handle reporting requirements

- Work closely with the Operations teams on unusual and complex tax reporting corrections and/or regulatory changes

- Perform annual state tax table updates and monitor ALLTAX and V-system Tax tables

- Balance participant 1099 and W2 Tax Statements to Tax Deposits reported to IRS, SSA, and State Revenue departments

- Responsible for examining the annual IRS 1220 publication and state file layouts and specifications and review of tax statements

- Handles creating the annual Forms Print files and submitting to the Print Vendor

- Handles submitting the annual IRS and SSA electronic transmissions to revenue departments

- Handles submitting the amended correction tapes to the IRS department

- Provide assistance to other departments/service centers. Be the liaison between the business units, technology teams and support teams

Key Capabilities:

- In depth understanding of tax reporting compliances for pension and annuities designated distributions

- Requires an understanding of accounting under regulatory reporting

- Accuracy and thoroughness of finished product to meet department standard

- Strong Attention to Detail in high pressure situations

- Analytical focus

- Good time management skills - ability to handle multiple priorities, organize work and meet deadlines

- Ability to communicate clearly and concisely, both verbally and in writing

- Flexibility to respond and adjust to fluctuation in the workload or operational priorities

- Ability to work in dynamic environment driving for improvements and change

Key Experience:

- 3+ years of Accounting experience

- CA/CPA/CFA

- Preferred 2 years prior Information Technology experience

- Experience working in a 1099 tax reporting insurance industry preferred but not required.

- Tax Systems and SAP General Ledger experience preferred