Tax Information Reporting Role - BFSI

Tax Information Reporting Role

Job Description :

Core Responsibilities :

- Act as a tax / information reporting specialist to execute the FATCA & CRS advisory/rollout, Systems conversions/rollouts

- Executes the tax information reporting processes to products issued by business

- Migration of work into our centralized hub

- Develop "Go To" processes and implement appropriate procedures/ controls to ensure consistent compliance with Information Reporting & FATCA requirements

- FATCA and CRS operations - delivery of KPI & KRI's and Information reporting 1042s, 1099, 8966 and CRS reporting

Day-to-Day Responsibilities :

- Support Service Delivery / Engagement model with client constituency and other key stakeholders

- Identify and participate in process reengineering & redesign to achieve better controls, compliance and efficiency

- Support audits with IRS and Internal Audit (IA), and any other special audits.

- Participate in self-assessment testing, MCA, SOX controls as well as any audits with IRS

- Ensure tight controls over owned processes to include key controls and COB

- Review, validate and process W-8 and W-9 tax forms and related documentation according to IRS Chapter 3, chapter 61, FATCA regulations besides CRS

- Support Technology projects from a technical tax perspective

- Contribute towards departmental requirement to adhere to strict regulatory and Compliance requirements, per IRS policy

- Perform reviews of written tax policy and procedures, research and respond to inquiries from operational areas

- Handle Tax reporting for US and Non US legislations

Required Candidate profile :

- Experience in 1042, 1042s, reporting, Validation, compliance