Tax Analyst Job in Mumbai at Citigroup

Citigroup is hiring for the role of Tax Analyst!

Responsibilities of the Candidate:

• Act as a tax/information reporting specialist to execute the FATCA, CRS advisory/rollout, and Systems conversions/rollouts.
• Execute the tax information reporting processes for products issued by Citi’s business
• Migrate work into our centralized hub.
• Develop "To" processes and implement appropriate procedures/ controls to ensure consistent compliance with Information Reporting & FATCA, CRS requirements.
• Support FRSS's 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, and 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

Requirements:

• The ideal candidate will have a BCOM/CA/MBA/ Other Finance Master and 3 to 5 years of 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 the 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 the organization.