Jobs · Accounting · New York

Financial Management Department - Income Tax Associate/AVP

Bank of China USA · New York, NY · 1 mo ago
Accounting$42k/yrFull-time
Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business. Overview Review state tax estimate calculations, tax provisions and tax returns to ensure the bank complies with state tax regulatory and filing requirementsResponsible for handling notices from StatesMonitor state tax law developments that are applicable to the bankCoordinate indirect tax consulting needs (e.g. sales and use tax) Responsibilities Tax Return Filing & Year-end Tax Provision Review tax provision prepared for FS purpose and handling external audit inquiresReview information collected for state income tax return preparation, such as state apportionment dataMonitor the return filing process to the applicable state tax authoritiesReview annual state tax returnsPerform the annual state tax nexus and apportionment analysis Quarterly Tax Accrual and Estimated Tax Calculation Review/prepare state tax quarterly/monthly provisions and ensure the accuracy of state tax calculationsPrepare state tax estimated tax payments Tax Consulting Handling internal State and Local tax related inquiries, including:Collect specific business facts and circumstancesPerform state tax research or leverage external tax resources to arrive at conclusions Update policies and procedures to enhance internal control over state and local tax compliance Tax Notices Conduct document collection, compilation and responses to notices received from state tax authoritiesContact tax authority to resolve open tax issues, such as the pending refunds and misapplied tax creditsMonitor audit progress and respond to the tax authorities’ requests Tax Policies, Procedure, and Tax Accounting Treatment Update Update policies and procedures to enhance internal control over state and local tax compliance Qualifications Master’s degree or equivalent in a tax-related fieldAt least 2 years of experience in taxation or accounting, or relevant experience in the banking and financial services industry; 4+ years of experience in taxation or accounting, or relevant experience in the banking and financial services industry for AVP levelKnowledge of taxation, accounting, and finance/bankingExperience in corporate income tax, general ledger, and financial statement preparation; familiarity with accounting and regulatory compliance, including US GAAP and IFRSFluent in both spoken and written English Pay Range Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications. USD $42,000.00 - USD $150,000.00 /Yr.

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