Financial Services - Customer Tax Operations and Reporting - Tax Services Analyst- EDGE

About the role

EY EDGE offers an opportunity to be at the heart of EY's critical mission to build a better working world. As a member of the Financial Services Organization (FSO), you'll support client engagements in preparing and delivering tax information reporting, FATCA/CRS reporting, tax withholding certificate validation, and related reconciliations.

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 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.
• Assist with 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 information and obtain instructions.
• Avoid data issues to support accuracy and consistency in tax reporting.

Requirements

• Bachelor's degree in Accounting, Business, Finance, or a related field.
• 1-2 years of experience in a professional services environment.
• Proficiency 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, and assist with a variety of projects of varying degrees of complexity.
• Knowledge gained through education and on-the-job experience as well as internal and external training and coaching.
• Excellent organizational and verbal/written communication skills.
• The ability to prioritize assignments to achieve appropriate workflow and timely production of client deliverables.

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.
• Assist engagement team with reconciliation of customer demographic data, transaction data and tax information returns to achieve complete, accurate and timely filing of those returns; including identifying and resolving reconciliation discrepancies.
• Routinely communicating 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.

Qualifications

• Experience in a professional services environment.
• Experience in information reporting and withholding tax laws and concepts required to prepare US federal and state information and withholding tax returns.
• Experience with tax withholding validation and complete tax withholding certificates.
• Experience with FATCA/CRS reporting templates.
• Strong analytical skills and attention to detail.
• The ability to adapt your work style to work with both internal and client team members.
• A proficiency in trust tax software.

Benefits

Base salary range for this role in all geographic locations in the US is $58,900 to $97,400. The 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

The base salary range for this role in all geographic locations in the US is $58,900 to $97,400. The 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.