Tax Information Reporting Specialist

3 days ago


New Castle, Delaware, United States Citigroup Inc Full time

About the Role

Citigroup Inc is seeking a highly skilled Tax Information Reporting Specialist to join our team. As a key member of our Finance department, you will be responsible for executing functions from the Tax Information Reporting process tree, including tax form validation, withholding, information reporting, legal entity maintenance, and governance.

Key Responsibilities

  • Execute functions from the Tax Information Reporting process tree, including tax form validation, withholding, information reporting, legal entity maintenance, and governance
  • Act as an internally and externally recognized subject matter expert
  • Migrate work into our centralized hub
  • Develop best practices and implement appropriate procedures and controls to ensure consistent compliance with Information Reporting, FATCA, and/or CRS requirements
  • Support FRSS' Service Delivery model with all stakeholders
  • Identify and participate in process re-engineering and re-design activities to achieve better controls, compliance, and efficiencies
  • Support audits by tax authorities and Internal Audit
  • Support Technology projects from a tax technical perspective
  • Contribute towards departmental requirement to adhere to strict regulatory and compliance requirements per tax authority and Citi policy
  • Perform reviews of written tax policy and procedures, research and respond to inquiries from operational areas

Requirements

  • 2-3 years of professional experience
  • Basic understanding of U.S. tax information reporting rules applicable to U.S. Persons and non-U.S. Persons
  • Strong Microsoft Office skills including Microsoft Excel and PowerPoint
  • Basic understanding and working knowledge of IRS Forms W-9 and W-8 and their associated requirements; Forms 1098, 1099 series, and 1042-S; Forms 945 and 1042
  • Excellent communication skills to drive engagement and close interactions with key stakeholders
  • Provide basic advisory services primarily for internal clients
  • Ability to examine processes and procedures, experience with Process Re-engineering
  • Re-design and Process Automation experience is preferred
  • Ability to act as a change agent for organizational and product transformational initiatives
  • Project Management experience preferred, and strong organizational skills required
  • Ability to interact with all levels of internal and external Citi customers and senior management
  • Liaison with Corporate Tax for complex tax advisory inquiries and policy requirements

Preferred Qualifications

  • Experience with Power BI, Python, KNIME, Xceptor, or other digital tools is preferred

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.



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