Looking for Good candidates with knowledge into Finance & Accounting/Auditing/Investment Banking/US Taxation.  Basic understanding of financial instruments like Bonds, Loans, Leases  Kindly go through the Detailed JD below.  Job Description:  Tax Analytics Group – Analyst/senior Analyst  Objectives:  - The Global Analytics Group is mainly responsible for modeling and reporting (payments processing and tax) of MBS/ABS deals/ issuances placed in the US capital markets. This group constructs cash flow deal models on a proprietary web based platform and later takes up processing of such deal models for payment distribution, investor reporting and tax reporting.  - The cash flow models are developed by the financial analysts based on various governing legal documents (viz. pooling and servicing agreement, prospectus supplement, derivative/insurance documents etc.  - Support and maintain the highest quality of tax filing and reporting requirements for Analytics, accomplished through accurate and timely filing of quarterly and yearly tax processing to meet the statutory deadline and regulatory compliance. This includes coordinating efforts to establish OID accrual calculations, distribution and tax models on new deals.  Responsibilities:  - Prepare tax reports associated with REMIC Tax and Grantor Trust structures including reviewing income trend analysis, preparing journal entries and reconciling accounts.  - Ensure timely filing of all tax returns (Schedule Qs, Form 1066, and Form 1041).  - Develop the closing package on new deals (REMIC and Non-REMIC structures), summarize legal documents, identify relevant tax issues, reconcile accounting, setup initial journal entry and work with the Tax Setup analyst on the Tax setup.  - Monitor and maintain terminations for due dates along with timely filing of appropriate forms. Prepare the final journal entry & ensure that all relevant documents are requested.  - Review/Troubleshoot quarterly tax work (Schedule Q, journal entries, balance sheet, account reconciliations, income analysis, and additional documentation as needed) on complex and problematic deals.  - Offer process improvement suggestions to enhance tax and /or global process efficiency.  - Involvement in ad hoc/special projects which support process improvement and the implementation of technology initiatives.  - Understand and analyze issues and offer practical solutions. Working independently with a minimal degree of supervision is required to exercise independent judgment.  - Ability to communicate precisely and with high level of articulation.  - Interaction with the Client Service group of DB located at Santa Ana, California and other external parties for day to day operations.  Requirements:  - M.Com, CA, CS/ CWA, MBA (Finance).  - Minimum experience of 2 years in Finance & Accounting/Auditing/Investment Banking/US Taxation.  - Understanding of US Taxation Laws & Regulations will be an advantage.  - Ability to understand/debug codes in some proprietary scripting language. In addition, if the incumbent has the ability to code in scripting language, it may be an advantage  - Basic understanding of financial instruments like Bonds, Loans, Leases, etc. Additional knowledge about Mortgages, Structured Products like MBS/ABS and hedging instruments (like swaps, etc.) will be an advantage.  - Understanding of cash flow dynamics associated with the structured products. Exposure to discounted cash flow engines.  - Ability to interpret issuance related legal documents (Optional)  - Demonstrated ability to handle multiple and often competing projects under tight deadlines and pressure.  - Must project a Customer/Client service focus.  - Must be organized, focused and possess strong communication and analytical skills.  - Self starter, Responsible and highly committed, Strong Analytical and Logical reasoning (handy for interpretation of logical statements embedded in legal documents).  - Process and Quality Compliant with attention to detail.

Bangalore

Analyst/Sr Analyst - Tax Analytics Group 

Job Description for Analyst/Sr Analyst - Tax Analytics Group  in Peepal Consulting in  Bangalore for (2-5) years of experience. Apply Now!