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

EY Studio+ Nederland•Akron, NY

6d•Hybrid

About The Position

The opportunity When you join EY EDGE, you’ll be at the heart of EY’s critical mission to build a better working world by applying your knowledge, skills and experience in assisting clients in meeting their business objectives. You will learn, grow and contribute — building new relationships and discovering the satisfaction that comes with producing high-quality, valued work and advice. Your key responsibilities You’re likely to spend your time on a diverse array of projects, responsibilities and tasks, supporting client engagements by participating in day-to-day interactions with team members, providing a quality work product and driving delivery of services to meet deadlines. You will 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 withholding and reporting reconcilations for engagements with banks, wealth and asset management firms and insurance companies. You’ll be working in a highly collaborative culture, where listening to and sharing information with colleagues is an essential part of the role.

Requirements

Bachelor degree (Accounting, Business, Finance or equivalent degree preferred)
1–2 years of experience
Proficient in basic computer software applications, including Microsoft Word, Excel and PowerPoint and ability to learn other software applications
Working knowledge of 1099/1042-S reporting systems
Working knowledge of tax compliance and information reporting rules
Ability to work effectively both independently and with a team, and assist with a variety of projects of varying degrees of complexity
Leverage knowledge gained through education and on-the-job experience as well internal and external training and coaching to perform essential functions of the job
Assist with training less experienced team members on administrative tasks and tasks supporting the tax compliance process
Excellent organizational and verbal/written communication skills
Ability to follow a standardized process and ask questions when needed
Prioritization of assignments to achieve appropriate workflow and timely production of client deliverables

Nice To Haves

Experience in a professional services environment
A proven record 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

Responsibilities

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
Balancing time between multiple projects and responsibilities, working with multiple engagement teams to serve multiple 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.
Support billing and collections for tax compliance and related services
Assist engagement team with reconciliation of customer demographic date, 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