Associate Finance Tax Analyst

Citi • New Castle, DE

2d • $54,100 - $75,500

About The Position

The Associate Finance Tax Analyst is a developing professional role that identifies policy and applies specialty knowledge to monitor and assess processes and data. The position integrates established knowledge in its specialty area with a basic understanding of related industry practices, and develops working knowledge of industry practices and standards. The role communicates information concisely and logically while considering audience diversity. Its impact is limited to the holder’s team, with a direct effect on the business through the quality of work and services provided.

The analyst executes tax information reporting functions, including tax form validation, withholding, information reporting, legal entity maintenance, and governance. The role supports operational and project initiatives, centralized-hub migration, process improvement, compliance, audits, technology projects, and service delivery. It also reviews tax policies and procedures, researches and responds to operational inquiries, and provides basic advisory services primarily to internal clients.

Requirements

• Bachelor's degree.
• 2–3 years of professional experience.
• Strong Microsoft Office skills, including Microsoft Excel and PowerPoint.
• Basic understanding of U.S. tax information reporting rules applicable to U.S. Persons and non-U.S. Persons, FATCA, and CRS.
• Basic understanding and working knowledge of IRS Forms W-9 and W-8 and their associated requirements; Forms 1098, 1099 series, and 1042-S; and Forms 945 and 1042.
• Excellent communication skills to engage and interact with key stakeholders.
• Ability to examine processes and procedures.
• Experience with process re-engineering.

Nice To Haves

• Process redesign experience.
• Process automation experience.

Responsibilities

• Execute Tax Information Reporting process functions, including tax form validation, withholding, information reporting, legal entity maintenance, and governance.
• Execute operational and project initiatives as a tax information reporting specialist.
• Serve as a subject matter expert for tax information reporting.
• Support migration of work into the centralized hub.
• Develop best practices and implement procedures and controls to support compliance with Information Reporting, FATCA, and/or CRS requirements.
• Support the team's Service Delivery model with stakeholders.
• Identify and participate in process re-engineering and redesign activities to improve controls, compliance, and efficiency.
• Support audits by tax authorities and Internal Audit.
• Support technology projects from a tax technical perspective.
• Help the department meet regulatory and compliance requirements established by tax authorities and Citi policy.
• Review written tax policies and procedures, research inquiries, and respond to questions from operational areas.
• Provide basic advisory services, primarily to internal clients.
• Liaise with Corporate Tax on complex tax advisory inquiries and policy requirements.

Benefits

• Medical, dental, and vision coverage.
• 401(k).
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off, including planned vacation, unplanned sick leave, and paid holidays.
• Eligible employees may receive discretionary and formulaic incentive and retention awards.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level