Financial Services - Customer Tax Operations and Reporting - Tax Services Analyst- EDGE
About the role
EY EDGE offers an exciting opportunity to join the Financial Services Organization (FSO) team. The FSO is at the forefront of shaping the financial services industry, working closely with a diverse range of clients including banks, wealth and asset management firms, and insurance companies.
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 client authorizations and instructions, and communicate with client tax liaisons, tax compliance teams, and other stakeholders.
- Manage internal and external communications, including requesting and documenting receipt of client authorizations and instructions, and other correspondence that is material to the tax compliance process.
- Assist with 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 complete, accurate, and timely filing of those returns, including identifying and resolving reconciliation discrepancies.
- Routinely communicate with immediate supervisor and colleagues to obtain guidance and instruction pertaining to performance of work, provide updates on status of work, and discuss recommendations concerning correction of data issues to support accuracy and consistency in tax reporting.
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 effectively both independently and with a team
- Strong analytical skills and attention to detail
- The ability to adapt work style to work with both internal and client team members
- A proficiency in trust tax software
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
- Balancing time between multiple projects and responsibilities, working with multiple engagement teams to serve multiple 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
- 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
- Assisting with billing and collections for tax compliance and related services
- Assisting with training less experienced team members on administrative tasks and tasks supporting the tax compliance process
- Excellent organizational and verbal/written communication skills
Benefits
Base salary range for this role in the US is $58,900 to $97,400. For the New York City Metro Area, Washington State, and California (excluding Sacramento), the base salary range is $70,800 to $110,500. Individual salaries within these ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography.
Additional benefits include:
- Medical and dental coverage
- Pension plan
- 401(k) plan
- Flexible vacation policy
- Designated EY Paid Holidays
- Winter/Summer breaks
- Personal/Family Care
- Other leaves of absence
Pay
Base salary range for this role in the US is $58,900 to $97,400. For the New York City Metro Area, Washington State, and California (excluding Sacramento), the base salary range is $70,800 to $110,500. Individual salaries within these 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.
Equal Opportunity Employer
EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at ssc.customersupport@ey.com.