Citi Group Tax Analyst – Information Reporting Mumbai 

Malaysia, Penang, George Town 

159713891

Responsibilities:

• Responsible for the overall management of the tax liabilities, of Citi, both directly and in connection with transactions with clients, including the related compliance, financial reporting, planning and controversy processes.
• Contributes to the planning, accounting, filing and the reporting of tax liability of the company.
• Assists in determining and compiling information required to satisfy income tax filing and related requirements at all levels of jurisdiction.
• May participate in managing payments to tax authorities in compliance with specific tax regulations.
• Directs small to medium-sized Finance operational/administrative team(s) of clerical or junior professional employees.
• Advises on procedures and concepts in technical/subject area and integrates with others in accomplishing the goals of the sub function/ job family.
• Improves process efficiencies in harmony of unit focus.
• Uses conceptual/ practical grounding in applying policies to the business.
• Perform other duties and functions as assigned
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• 2+ years of experience

Education:

• Bachelors degree

• Act as a tax / information reporting specialist to execute the FATCA & CRS advisory/

rollout, Systems conversions/rollouts.

• Executes the tax information reporting processes to products issued by Citi’s business

• Migration of work into our centralized hub

• Develop "Go To" processes and implement appropriate procedures/ controls to

ensure consistent compliance with Information Reporting & FATCA requirements

• FATCA and CRS operations – delivery of KPI & KRI’s and Information reporting 1042s,

1099, 8966 and CRS reporting

• Support FRSS Service Delivery / Engagement model with client constituency and other

key stakeholders

• Identify and participate in process reengineering & redesign to achieve better controls,

compliance and efficiency

• Support audits with IRS and Internal Audit (IA), and any other special audits.

• Participate in self-assessment testing, MCA, SOX controls as well as any audits with IRS

Or Citi's IA.

• Ensure tight controls over owned processes to include key controls and COB

• Review, validate and process W-8 and W-9 tax forms and related documentation

according to IRS Chapter 3, chapter 61, FATCA regulations besides CRS.

• Support Technology projects from a technical tax perspective

• Contribute towards departmental requirement to adhere to strict regulatory and

Compliance requirements, per IRS and Citi policy.

• Perform reviews of written tax policy and procedures, research and respond to

inquiries from operational areas

• Handle Tax reporting for US and Non US legislations.

1.FATCA/CRS reconciliation and reporting

2.1042s/1099 reconciliation and reporting

3. Project Related delivery

The ideal candidate will have a BCOM/CA/MBA/ Other Finance Masters and 2- 3 years relevant work experience in Tax operations or related discipline

Bank/Financial Institutions knowledge: products, services, IRS regulations, Tax Operations

CA, CPA or an equivalent Tax qualification preferred

• Basic Understanding and working knowledge of IRS Forms W-9 and W-8 and information reporting rules, FATCA and CRS.
• Ability to act as a change agent for organization.

Project Management experience preferred

• Strong MS Office skills particularly Excel
• Quick learner with excellent communication skills, team orientation, and ability to work with counterparts in different areas of organization

VBA, Knowledge of Macro’s read and write

Time Type: