Citi India | Tax Analyst (Tax reporting FATCA CRS) Officer

Responsibilities

• Requires a good knowledge of the range of processes, procedures and systems to be used in carrying out assigned tasks and a basic understanding of the underlying concepts and principles upon which the job is based.
• Impact of the job holder is restricted to own job.
• Responsible for the overall management of the tax liabilities, of Citi, both directly and in connection with transactions with clients, including the related compliance, financial reporting, planning and controversy processes.
• Contributes to the planning, accounting, filing and the reporting of tax liability of the company.
• Assists in determining and compiling information required to satisfy income tax filing and related requirements at all levels of jurisdiction.
• Advises on procedures and concepts in technical/subject area and integrates with others in accomplishing the goals of the sub function/ job family.
• Improves process efficiencies in harmony of unit focus.
• Perform other duties and functions as assigned.
• Provide basic advisory services primarily for internal clients.
• Makes evaluative judgements based on the analysis of factual information.
• Directs small to medium-sized Finance operational/administrative team(s) of clerical or junior professional employees.
• Uses conceptual/ practical grounding in applying policies to the business.

Requirements

• Basic understanding of U.S. tax information reporting rules applicable to U.S. Persons and non-U.S. Persons.
• 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.
• Ability to examine processes and procedures, experience with Process Re-engineering.
• Strong Microsoft Office skills including Microsoft Excel and PowerPoint.
• Good understanding of how the team interacts with others in accomplishing the objectives of the area.
• 2 to 4 years of experience

Citi

Citi is the global bank of Citigroup Inc., one of the world's largest financial institutions, serving corporations, governments, institutions and individuals in about 160 countries and jurisdictions. Citigroup's shares trade on the New York Stock Exchange.

In India, where Citi has been present since 1902, the bank focuses on institutional banking, corporate and investment banking, markets and securities services, alongside large shared-services, technology and operations teams that support its businesses worldwide. Finance, controllership, risk, regulatory reporting, audit, treasury, taxation and compliance roles are regularly hired for across its India offices, and CA, CMA, CFA and MBA (Finance) profiles are common in them.

• Industry: Global banking and financial services
• Headquarters: New York, USA (Citigroup Inc.)
• In India: Operating in India since 1902, with institutional banking and markets businesses plus large technology, services and operations centres in cities including Mumbai, Pune, Chennai, Gurugram and Bengaluru