The Citi invited applications for the post of Tax Specialist
Qualifications
- The ideal candidate will have a BCOM/CA/MBA/ Other Finance Masters and 1- 2 years relevant work experience in Tax operations or related discipline
- Experience in Bank/Financial Institutions knowledge: products, services, IRS regulations, Tax Operations
- CA, CPA or an equivalent Tax qualification preferred
- Skills in Basic Understanding and working knowledge of IRS Forms W-9 and W-8 and information reporting rules, FATCA and CRS.
- Ability to act as a change agent for organization.
- Project Management experience preferred
- Strong MS Office skills particularly Excel
- Quick learner with excellent communication skills, team orientation, and ability to work with counterparts in different areas of organization
- VBA, Knowledge of Macro’s read and write
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 Citi’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 & 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 FRSS 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
- Or Citi’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, 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 and Citi policy.
- Perform reviews of written tax policy and procedures, research and respond to
- inquiries from operational areas
JOB LOCATION: Mumbai
For more details and to apply, click here
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