Tax Operations Analyst

Sumitomo Mitsui Banking Corporation•New York, NY

8d•Hybrid

About The Position

SMBC Tax Operations is seeking a new member to join its team. The successful candidate will be responsible for supporting global Tax Operation functions (documentation, Information Reporting & Withholding Tax). You will also be responsible for analyzing new tax rules, process changes and supporting overall regulatory compliance for the firm.

Requirements

4+ years of experience, primarily in information reporting and withholding tax
Experience with IRS withholding and information reporting rules
Ability to identify, escalate, and resolve problems/issues
Excellent interpersonal, written, and verbal communication skills
Ability to work under pressure in a deadline driven environment

Nice To Haves

Sales & Use tax experience preferred

Responsibilities

Assist with review and validation of the various IRS forms (e.g. W9 & W8 series)
Assist in annual preparation and filing of forms 1099, 1042 and 8966 with the IRS
Provide support for international tax reporting (ex. FATCA, CRS, etc.) and work with vendors to ensure accurate and timely reporting.
Perform weekly IRS tax remittance and remediation. Will assist with reconciling tax withholding and filing of annual 1042 forms across all entities.
Will be responsible for processing reports and gathering data to meet various reporting deadlines and regulatory standards.
Respond to internal and external client and third-party inquiries
Review sales and use tax returns for multiple jurisdictions
Review business analysis on global regulatory changes, new rules, and process improvements, and understand any impact they may have on our processes and procedures.
Will take part to streamline and automate existing processes, including working with potential vendors and performing system testing when needed.
Perform other duties and responsibilities assigned by management