The Client tax Analysts primary responsibility is to maximize the client experience and comply with Tax regulations globally by means of monitoring of nostro queues and timely processing of tax refund monies.
This position is an opportunity for a suitably experienced candidate to join a dynamic organization and gain exposure. Build your career in Tax Operations while working in the world’s most innovative bank which values creativity and excellence. This role provides an opportunity to learn new types of tax laws, understand changes in tax laws and its implications, and building good working relations with cross functional/geographical teams.
The Client Tax Operations utility in India consists of 150+ staff and is responsible for the accurate and timely processing of withholding, reporting, reclaim filing and relief at source function in over 100 markets globally. The Client Tax Analyst will be responsible for execution of the key business objectives, processes and managing business risks for key client/partner relationships across the Corporate & Investment Bank. Candidate will be primarily responsible for monitoring of tax payables/receivables and timely processing of tax refund monies. This is a dynamic function requiring consistent compliance and controls, enhanced response to regulatory and market changes and operational excellence in our business processes and technology.
Job responsibilities
Monitoring of Tax Payables / Receivable accounts Monitoring of Nostro queues Processing of Tax Refund monies Communicate with supervisor on problematic transactions or exceptions. Updating the core processing applications with transaction statuses Updating and presenting key metric information to management Responding to enquiries from client-facing staff and other internal teams. Ensuring 100% accuracy in processing daily deliverables Continually suggest improvements to enhance the process and reduce manual intervention. Work to strict and tight deadlines. Assist with the development of new processes or controls and ensure they are clearly documented and communicated. Ensure issues are raised / escalated and driven through to resolution. Ensure risks & dependencies are highlighted, with mitigation options presented. Comply with set guidelines, procedures, rules and regulations; work as a team to achieve SLA’s for the process and individual targets. Assist with training documents and training staff on new and revised processes. Implement a control function platform, maintain procedure documents, and help drive control-centric environment. Strong client focus and relationship-building skills across lines of business. Audit ready mindset.Required qualifications, capabilities, and skills
Candidate should have/demonstrate the following qualifications/skills and attributes:
Bachelor’s or Master’s degree with accounting and taxation background with 3-6 years of experience. Chartered Accountant or equivalent degree Ability to drive results through a "hands-on" approach. Enthusiastic and articulate with excellent communication and written skills with clear, concise & logical documentation ability. Must be able to maintain and operate in an environment of high standards of risk and control. Ability to work in a dynamic environment with conflicting priorities. Attention to detail and ability to work independently as well as collaborate, partner and work in a team environment. Excellent relationship building and stakeholder management skills. Strong data management, time management and problem-solving skills. Meticulous with strong analytical skills and a high aptitude for numbers and MS office (Excel, PowerPoint) proficiency.Team player with ability to work with colleagues in a collaborative manner, as well as being able to proactively progress multiple tasks independently.
Preferred qualifications, capabilities, and skills
Relevant Tax market knowledge or industry experience IOC, ATT or other industry related benchmark qualification Knowledge of financial/capital markets and banking preferred