Posted:
10/3/2024, 11:40:31 PM
Location(s):
Mumbai, Maharashtra, India ⋅ Maharashtra, India
Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior
Field(s):
Accounting
Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.
Shape your Career with Citi
We’re currently looking for a high caliber professional to join our team as Tax Analyst Officer (Internal Job Title: Tax Analyst Officer - C10) based in Mumbai, India
Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions and manage your financial well-being to help plan for your future. For instance:
We empower our employees to manage their financial well-being and help them plan for the future.
Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
In this role, you’re expected to:
Be responsible for in-scope processes related to one or multiple Citi lines of business within the centralized Tax Information Reporting function in FRSS. This position supports the reduction/elimination of Citi's franchise & regulatory risk through accurate and timely reporting and enhanced due diligence on customer accounts.
Migrate information reporting work from various sub-units within the Business Line into FRSS; this process includes training and job shadowing, building documentation such as procedures and process flows, and identifies gaps in the process based on IRS regulations.
Support a specific business vertical and is expected to develop and enhance their product knowledge within a short timeframe. This position will work in a team-oriented environment.
Act as a tax / information reporting specialist to execute the FATCA & CRS advisory/rollout, Systems conversions/rollouts.
Execute the tax information reporting processes to products issued by Citi’s business
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.
As a successful candidate, you’d ideally have the following skills and exposure:
1-2 years of relevant experience
Bachelor’s degree graduate
Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
------------------------------------------------------
Job Family Group:
Finance------------------------------------------------------
Job Family:
Tax------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
Website: https://www.citigroup.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1812
Last Funding Type: Post-IPO Equity
Industries: Banking ⋅ Credit Cards ⋅ Financial Services ⋅ Wealth Management