Financial Services - Customer Tax Operations and Reporting - Tax Services Analyst- EDGE
About the role
EY EDGE offers an opportunity to join the Financial Services Organization (FSO) team, focusing on assisting clients with tax information reporting, FATCA/CRS reporting, and tax withholding certificate validation.
Responsibilities
- Support the Customer Tax Operations practice with the preparation and delivery of tax information reporting (1099/1042-S/8804), FATCA/CRS reporting, tax withholding certificate validation (Forms W-8/9) and related withholding and reporting reconciliations for engagements with banks, wealth and asset management firms and insurance companies.
- Collaborate with team members and clients to gather required information, obtain instructions, and manage internal and external communications.
- Manage billing and collections for tax compliance and related services.
- Contribute to the reconciliation of customer demographic data, transaction data, and tax information returns to ensure timely and accurate filing of returns.
- Communicate with client tax liaisons, tax compliance teams, and other stakeholders to gather necessary information and instructions.
- Assist with the training of less experienced team members on administrative tasks and tasks supporting the tax compliance process.
Requirements
- Bachelor's degree (Accounting, Business, Finance or equivalent degree preferred)
- 1-2 years of experience
- Proficient in basic computer software applications, including Microsoft Word, Excel, and PowerPoint
- Working knowledge of 1099/1042-S reporting systems
- Working knowledge of tax compliance and information reporting rules
- Ability to work independently and with a team
- Strong analytical skills and attention to detail
- Prioritization of assignments to achieve appropriate workflow and timely production of client deliverables
- Excellent organizational and verbal/written communication skills
Qualifications
- Experience in a professional services environment
- Experience in information reporting and withholding tax laws and concepts
- Experience with tax withholding validation and complete tax withholding certificates
- Experience with FATCA/CRS reporting templates
Skills
- Timely, efficient and accurate support of the production of information reporting in a volume-driven environment within deadline-driven time frames established by governmental agencies and as dictated by the performance standards set forth by the practice’s clients
- Understanding of tax withholding certificates (Forms W-8/W-9) and FATCA/CRS Self Certification forms as well as information returns, including the data and information that’s required on the forms or information return for accuracy in tax reporting
- Understanding of vendor and client systems that support an tax operations function
- Analyzing bridged customer data and transaction information to identify potential errors and omissions and applying knowledge of basic tax concepts to make decisions and take action to modify tax reporting coding or reporting pertaining transactions and income to support accuracy in tax reporting
- Managing internal and external communications, including requesting and documenting receipt of client authorizations and instructions, as well as other correspondence that is material to the tax compliance process using the tax software, basic software applications such as Microsoft Word, Excel and Power Point, and proprietary client collaboration tools
- Communicating with client tax liaisons, tax compliance teams and other stakeholders to gather required information, and obtain instruction or authorization necessary for timely, accurate production of tax information reporting
- Absorbing and applying knowledge gained through education and on-the-job experience as well internal and external training and coaching to perform essential functions of the job
- Assisting with training less experienced team members on administrative tasks and tasks supporting the tax compliance process
- Assisting with training less experienced team members on administrative tasks and tasks supporting the tax compliance process
- Exhibiting strong organizational and verbal/written communication skills
- Adapting work style to work with both internal and client team members
- Leveraging knowledge gained through education and on-the-job experience as well internal and external training and coaching to perform essential functions of the job
- The ability to prioritize assignments to achieve appropriate workflow and timely production of client deliverables
Benefits
Base salary range for this role in all geographic locations in the US is $58,900 to $97,400. Base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $70,800 to $110,500. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography.
Pay
Base salary range for this role in all geographic locations in the US is $58,900 to $97,400. Base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $70,800 to $110,500. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography.
Schedule
Our expectation is for most people in external, client serving roles to work together in person 60% of the time over the course of an engagement, project or year.
Additional Information
For those living in California, please click here for additional information.