Job Description:

Maintain vendor relationships with tax vendors and outside counsel

Responsible for the timely and accurate production of annual IRS tax forms

Facilitate audit requests and responses from Internal Audit and regulators

Tax payment and 945 & 1042-S

Applies expertise, knowledge and education to calculate the payment of NRA, Back-up, and FATCA Withholding amounts in Global Plus and Reconciliation files

Ensure the payments are made to the IRS by deadline to avoid late payment penalties

Maintain daily figures to produce the 945 as to produce the final information to balance the 1042-S

Cyclical Tax Reporting Responsibilities and Projects (IE B Notices, all W8 form certifications, W9, and policies and procedures)

Research and Analyze fundamental IRS/Foreign Market regulations to ensure compliance

Consult with team members, business partners, Global Compliance, and Tax Services regarding any issues or changes

Thoroughly communicate options and optimal resolution in or order to maintain compliance with IRS/Foreign Market rules and regulations Some or all the communications may need to be reviewed by senior leaders, Marketing, and Legal

Present and interpret financial management reporting to senior leaders to make recommendations for foreign reclaims and client profitability

Maintain service levels

Ensure adequate coverage and processing of workload on a timely basis

Effectively prioritize and delegate tasks to meet Service Level Agreements for the organization

Interpret tasks and develop procedures

Collaborate and partner with other teams to resolve business critical priorities

Other Responsibilities

Monitor email workbasket and respond to complex question from Compliance, Tax Service, and business partners by providing P&P guidance when necessary

Monitor JPMC and Treasury Accounting Control income queue and process in Global Plus refunds, foreign repatriation, and escalated requests - Ensure compliance and corporate accounting oversight with the transactions posted to Clearance accounts

Establish system rules for the processing of income with applicable tax treaty rates; analyze tax reclaim receivables and initiate write-off when needed

Monitor amortization, cost adjustments and generate Asset Transfer Statements

As a US Withholding Agent provides expertise to Investment Management partners on the certification and IRS reporting requirements for FATCA accounts

Comply with IRS and foreign market specified levels of continuing education to stay abreast of regulations

What ideal qualifications, skills and experience would help someone to be successful in this role

Preferred BA/BS in finance or operations related field

3 years relevant industry experience preferred

Additional Desirable Qualifications

Ability to communicate effectively with internal and external clients as well as various tax agencies

Knowledge, Skills And Abilities

Must possess excellent research skills and strong detail orientation

Must demonstrate ability to identify and evaluate risk

Independent analysis of complex tax reporting issues

Interpretation and proper application of tax regulations

Ability to maintain confidentiality of classified client information

Ability to perform multiple tasks in a fast-paced environment

Courteous and professional communication skills

Ability to communicate effectively with internal and external client as well as various tax agencies

Project management skills are desirable

Strong aptitude in MS office suite, particularly Excel and Word

Ability to mentor other team members

Ability to train other team members

Problem Solving And Decision Making

Solves routine problems of limited scope and complexity following established policies and procedures

Work is closely supervised; follows specific, detailed instructions Defers non-routine matters to supervisor

Physical Requirements

Ability to sit in one place for extended periods of time

Ability to hear and speak to employees and outside business associates on the phone and in person

Ability to articulate information to both internal and external clients in a manner that is clear and easily understood

Ability to interpret the letters and numbers on a personal computer screen and on memos, reports, and other documents

Ability to maintain a professional image

Desired Leadership Skills

Making informed decisions and based on tax research/exposure/issues

Encourage the team to use analysis to respond to various internal/external inquiries/requests with limited assistance

Identify individual strengths to delegate work appropriately to the team and motivate them to produce their best work

What makes Franklin Templeton Investments unique In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewardsthe mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results

Highlights of our benefits include

Professional development growth opportunities through in-house classes and over 150 Web-based training courses
An educational assistance program to financially help employees seeking continuing education
Medical, Life, and Personal Accident Insurance benefit for employees Medical insurance also covers employees dependents (spouses, children and dependent parents)
Life Insurance for protection of employees families
Personal accident insurance for protection of employees and their families
Personal loan assistance
Employee Stock Investment Plan (ESIP)
Onsite fitness center, recreation center, and cafeteria
Cricket grounds and gymnasium
Health Center with doctor availability
Tuition Assistance Program
HDFC ATM on the campus

Franklin Templeton Investments is an Equal Opportunity Employer We invite you to visit us at http//wwwfranklintempletoncareerscom/ to learn more about our company and our career opportunities

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking, Financial Services/Stockbroking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 14th Apr 2020

Key Skills:

People who search this job also searched for the following Keywords


All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd Protection Status