Senior Accounting Assistant - US Tax - BFSI

The Senior Accounting Assistant's responsibilities includes but not limited to the followings :

- Process U.S. tax allowance via PeopleSoft Tax Allowance system. This includes, but is not limited to, verify and analyze quarterly tax allowance calculations/payments and prior year tax allowance reconciliations;

- Work closely with Accounting Analysts to manage U.S. citizen staff tax transactions, verifying their status through HR-PeopleSoft, their payroll earnings through Payroll-PeopleSoft and any other non-payroll taxable earnings through SAP-AP, to ensure that earnings are in accordance with the Bank Group Staff Rules, to quality check their integrity and accuracy and to ensure that they are included in the tax allowance calculations in accordance to Staff Rule 6.04;

- Verify tax certificates submitted by staff (Form 70) in order to determine current year tax allowances and necessary adjustments to prior tax allowance payments;

- Manage Safety Net transactions, analyzing the tax returns against the company Tax System considering Bank Group policy and IRS regulations;

- Monitor the Tax exception reports to detect anomalies in the tax allowance payments that require research and correction;

- Analyze/research/act on requests/queries related to tax allowance payments, earnings and deductions, engaging in discussion as needed to understand and determine actions required.

- Provide support to staff by responding and managing Tax Office phone calls and emails queries

Education and Experience:

- Bachelor's degree (Finance, Accounting, and Business Administration); IRS Enrolled Agent would be an added advantage

- Training in accounting and finance with 3 years of relevant work experience and minimum of 2 year experience in preparation of individual tax returns(1040) and gross-up/tax equalization calculations for U.S./Non-U.S. assignees of multinational corporations