Position Overview
Job Title: Tax Processing Analyst
Location: Pune, India
Role Description:
- The Tax Processing Analyst is responsible for the operational processing of specific tax-related processes, residing within the Tax Utility, including but not limited to: Tax reclaims.
- Tax reporting, Relief and Source processing. The Tax Processing Analyst has responsibility to complete all daily process activities in line with the Risk and Control framework present in the Tax Utility, escalate where issues are identified, or processes are not completed within existing key timelines.
- The Tax Processing Analyst has direct interaction with internal and external parties including trading desks, counterparties, and clients, and must ensure accurate and timely responses.
What We’ll Offer You
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Your Key Responsibilities
- Work with/ under the supervision of the senior tax team member for FATCA, CRS, 1099, 1042S and other tax compliance for entities across APAC, EMEA and US region.
- Work closely with the relevant finance, client data, local tax operations team to ensure tax compliance.
- Assist senior team members to evaluate tax risks and implement best practices for risk mitigation.
- Procurement of documentation to ensure treaty tax rates are applied accurately.
- File tax returns, regulatory tax reports and support internal and external tax audits.
- The candidate should have the good know-how of technical and functional aspects of FATCA & CRS regulations, Chapter 3, Chapter 4, and Chapter 61 etc.
- Stay updated on the tax regulatory developments and analyze and plan to control the risk and ensure timely and accurate reporting.
- Manage day to day activities for Chapter 4, CRS (AEOI), 1099 and 1042S reporting
- Manage day to day processing for operational tax processes viz: Withholding Tax, tax on income (dividend/interest)
- Raise technical development requirement with IT with good understanding of Agile delivery.
- Execute and plan UAT to ensure IT readiness for adequate controls and reporting.
- Manage stake holders from different regions and time zones.
- Ensure data quality of Tax data on back-office systems
- Produce Tax MIS and maintain full audit trails
- Review the processes undertaken within the team and redevelop and redesign where cost savings/efficiencies can be made
- Knowledge of Trade, Dividend income corporate actions, settlements and Securities lending along with different types of reclaims forms, statutes etc. will be an added advantage.
Your Skills And Experience
The ideal candidate will have a BCOM/CA/MBA/ Other Finance Masters and 3-5 years of relevant work experience in Tax Operations in FATCA, CRS, 1099 and 1042S reporting or related discipline.
Skills:
- Basic understanding of FATCA, CRS, 1099 and 1042S reporting and working knowledge of IRS forms W9, W8 tax forms, reporting obligations
- Ability to act as a change agent in regulatory reporting
- Strong MS Office skills, particularly in Excel
- Quick learner with excellent communication skills (both verbal and non-verbal) and ability to work in different areas of tax operations.
- Should be flexible to work in all shifts i.e. APAC, US etc.
How We’ll Support You
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
About Us And Our Teams
Please visit our company website for further information:
https://www.db.com/company/company.htm
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.