Sr Tax Professional II
About The Position
At Bank of America, this role is responsible for tax planning, advisory, forecasting, and compliance activities. The position supports tax reporting requirements across government jurisdictions, researches tax issues, develops tax optimization strategies, and collaborates with teammates and partners across the enterprise to support business objectives. The role also leads projects, coordinates resources, and manages partner relationships. The successful candidate performs U.S. information reporting and withholding tax functions, including reporting related to Forms 1099, 1042, and 1042-S, as well as other outsourced functions. The role coordinates globally with colleagues in GBAM Operations Tax & Control, GBAM Tax Change, GBAM Technology, Global Tax Policy, and Global Tax Compliance; responds to tax-related client inquiries and escalations; and drives tax initiatives and regulatory implementations in partnership with GBAM Tax Change and GBAM Technology. The position is based at 1133 Avenue of the Americas in New York, New York. Bank of America describes its culture as inclusive and caring and is committed to an in-office culture, with an appropriate level of flexibility based on role-specific responsibilities and business needs.
Requirements
- Knowledge of U.S. Treasury regulations, including Chapters 3, 4, and 61, with demonstrated familiarity with information reporting requirements such as Forms 1099 and 1042-S.
- Advanced working knowledge of Microsoft Office applications, especially Excel for data analysis and reporting.
- Ability to perform complex reconciliations, identify discrepancies, and resolve issues using structured, analytical approaches.
- Ability to manage multiple priorities while maintaining accuracy and meeting tight deadlines in a dynamic environment.
- Strong interpersonal skills and ability to work independently and collaboratively within cross-functional teams.
- Strong organization, analytical capabilities, and attention to detail across processes and deliverables.
- Excellent written and verbal communication skills, including the ability to clearly communicate issues, solutions, and status updates to stakeholders.
- Bachelor’s degree or equivalent work experience in a relevant field.
Nice To Haves
- Proactively brings forward new ideas and perspectives to drive innovation and deliver differentiated solutions.
- Works effectively across diverse viewpoints and uses differing perspectives to determine effective paths forward.
- Willingness to challenge the status quo, champion new approaches, and promote positive organizational change.
- Participates in and drives initiatives to enhance tools, technology, and ways of working in support of an evolving client base.
- Values diversity of thought and background and fosters an inclusive environment that reflects and supports the diverse needs of clients and employees globally.
Responsibilities
- Perform U.S. IRW tax withholding and reporting, including reporting related to Forms 1099, 1042, and 1042-S and other outsourced functions.
- Coordinate globally with colleagues in GBAM Operations Tax & Control, GBAM Tax Change, GBAM Technology, Global Tax Policy, and Global Tax Compliance.
- Service tax-related client inquiries and escalations.
- Drive tax initiatives and tax regulatory implementations in partnership with GBAM Tax Change and GBAM Technology.
- Analyze and interpret tax laws and regulations.
- Assist in preparing tax planning and compliance strategies.
- Prepare and review federal, state, and local tax returns.
- Research and analyze tax issues.
- Support tax compliance and reporting requirements.
- Prepare and review tax estimates and projections.
- Identify and implement process improvements.
- Lead projects, coordinate resources, and lead partner relationships.
Benefits
- Paid time off
- Access to resources and support for employees
- Eligibility to participate in the annual discretionary incentive plan, with awards based on individual performance and behaviors, line-of-business or group performance and contributions, and overall company success
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What This Job Offers
Job Type
Full-time
Career Level
Senior
