Tax Analyst-Enterprise Customer Tax Utility

2 weeks ago


Charlotte, North Carolina, United States Wells Fargo Full time
About this Role:

Wells Fargo is seeking a Tax Analyst to join the Shared Services Customer Tax Utility team. As a key member of this team, you will play a critical role in supporting the Tax Withholding processes, with a focus on federal and state tax remittance, account reconciliation, and maintaining controls for all lines of business supported by the Tax Utility.

Key Responsibilities:
  • Support the daily operation of the Withholding pillar, including remittance of tax withholding, account reconciliation, and maintaining compliance of controls within ECTU.
  • Demonstrate expert knowledge of federal and state tax withholding remittance and reporting requirements.
  • Ensure all tax information reporting adheres to tax rules and regulations.
  • Identify tax risks within the Withholding pillar processes and controls.
  • Work collaboratively with teams of tax, operations, system professionals, project managers, and consultants.
  • Year-end production activities, including reconciling tax withholding to customer 1099 and 1042-S statements, and filing annual tax returns with the Internal Revenue Service (IRS) and state tax authorities.
  • Demonstrate expert knowledge of technical income tax and/or accounting discipline and positively influence processes, policies, and procedures consistent with corporate values and Federal/State laws.
  • Ability to independently evaluate tax issues and apply sound business judgment with minimal oversight.
  • Experience in information reporting environments, including data capture, validation, production, and distribution of management reports.
  • Demonstrate strong communication skills to communicate complex tax issues, opportunities, and risks to non-tax experts in a clear and concise manner.
  • Prepare comprehensive tax work papers, perform account analysis, and prepare responses to audit requests.
  • Research memos or correspondence and embody and model compliance and risk management requirements for supported areas.
  • Exercise proficiency in accounting and multi-jurisdictional income tax laws, rules, and regulations.
  • Perform basic income tax research.
  • Maintain records related to income tax returns and reports.
  • Provide functional advice to less experienced staff.
  • Consult on income tax-related matters with lines of business and other control functions.
  • Develop relationships with assigned business units related to the collection and analysis of information important to income tax accounting or compliance.
  • Work with business partners to collect internal financial or tax data, perform data analysis, test for accuracy, identify, and resolve data problems.
  • Participate in projects.
Requirements:
  • 2+ years of Corporate Tax, Finance, Accounting, Analytics, Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
  • Experience in federal and state tax withholding regulations.
  • Knowledge of 1099 series and 1042-S forms.
  • Experience in General Ledger account reconciliation.
  • Customer tax withholding and reporting experience.
  • Excel (macro, formulas, pivot tables, etc.).
Job Expectations:
  • Must be able to work on-site.
Locations:
  • 1525 W W T Harris Blvd, Charlotte, NC.
  • 550 S 4th St, Minneapolis, MN 55415.

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