FATCA/CRS Tax Professionals for MNC Based in Mumbai - Responsible for in-scope processes related to one or multiple Company lines of business within the centralized Tax Information Reporting function in FRSS. - This position supports the reduction/elimination of Company 's franchise &amp; regulatory risk through accurate and timely reporting and enhanced due diligence on customer accounts. - The incumbent is expected to migrate information reporting work from various sub-units within the Business Line into FRSS; this process includes training and job shadowing, building documentation such as procedures and process flows, and identifies gaps in the process based on IRS regulations. - In addition, the incumbent will support a specific business vertical and is expected to develop and enhance their product knowledge within a short timeframe. This position will work in a team-oriented environment. 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 Company's business - Migration of work into our centralized hub - Develop "Go To" processes and implement appropriate procedures/ controls to ensure consistent compliance with Information Reporting &amp; FATCA requirements - Manage the BAU TIR functions and develop the technology capability of the individuals in the process supported - Be the change agent and manage the regulatory changes and assist the team with the changing the processes or developing the new ones as the case may be - Participate in the Robotic Process Automation initiatives . - Tax form validation for CRS and FATCA and operations covering 1042s, 1099, FATCA, CRS reporting. Day-to-Day Responsibilities: - Support FRO's Service Delivery / Engagement model with client constituency and other key stakeholders - Identify and participate in process reengineering &amp; 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 Or Company 's IA. - 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, Section 3406 and FATCA regulations - Support Technology projects from a technical tax perspective - Contribute towards departmental requirement to adhere to strict regulatory and Compliance requirements, per IRS and Citi 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. Education: Bachelor's Degree/University degree or equivalent experience

Mumbai

Taxation Role - FATCA/CRS Tax - Financial Firm  

Taxation Role - FATCA/CRS Tax - Financial Firm   ,Job Description for Taxation Role - FATCA/CRS Tax - Financial Firm   in ABC Consultants in  Mumbai for (2-14) years of experience. Apply Now!

Job Description for Taxation Role - FATCA/CRS Tax - Financial Firm   in ABC Consultants in  Mumbai for (2-14) years of experience. Apply Now!