US Tax Reporting Consultant

Capgemini; Jersey City (NJ); On-site; USD 70,000 - 109,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

Retirement benefits

Job summary

Tundra Technical Solutions is seeking a tax reporting consultant for a 5-month on-site assignment in Jersey City, NJ. The role requires deep knowledge of US tax reporting for banking operations and will involve testing, data validation, and controls to ensure accurate 1099/1042-S reporting.

Responsibilities include reconciliations, validating source vs. vendor outputs, and ensuring compliance with FATCA/NRA withholdings.

Qualifications

• Minimum 5+ years US Tax Reporting in financial services operations (specifically forms US Tax forms 1099 and 1042-S).
• Experience automating reporting processes and improving data quality controls.
• Strong written and verbal skills to explain technical tax matters to both technical and non-technical audience.

Responsibilities

• Perform tax-related reconciliations, data validation, issue resolution, and control activities to maintain reporting accuracy and operational integrity.
• Perform user testing for FIS Tax Reporting Solution. Examine source input/files vs. vendor produced output files and validate expected 1099 and 1042-S results.
• Perform tax season check out. Examine source input/files vs. vendor produced output files and validate expected results for 1099-B, 1099-INT, 1099-DIV, 1099-MISC and 1042-S tax reports.
• Review FATCA/ NRA tax withholdings, including blended rates for intermediary entities, vs. vendor reporting output.
• Consult with Tax Documentation department to ensure documentation issues that may impact tax reporting and withholding are remediated prior to year end.
• Support tax team in performing controls on data extracts from source systems to ensure accuracy and compliance with 1099, 1042-S and K1 nominee reporting.

Skills

US tax reporting

FATCA/NRA withholding

W8/W9 validation

Data validation

Problem solving

Communication

Education

Bachelor's Degree

Tools

Excel

Access

FIS Tax Reporting Module

Job description

Jersey City, NJ, United States (On-site)

Contract (5 months 14 days)

Published 4 days ago

microsoft access

Tax documentation

banking operations

Tax Reporting

UAT testing

The consultant will be based at our NJ office and will have to come in person at least 4 days a week and could work from home for one day.

Responsibilities:

Perform tax-related reconciliations, data validation, issue resolution, and control activities to maintain reporting accuracy and operational integrity.

In particular:

Perform user testing for FIS Tax Reporting Solution. Examine source input/files vs. vendor produced output files and validate expected 1099 and 1042-S results.

Perform tax season check out. Examine source input/files vs. vendor produced output files and validate expected results. Specifically for 1099-B, 1099-INT, 1099-DIV, 1099-MISC and 1042-S tax reports.

Review FATCA/ NRA tax withholdings, including blended rates for intermediary entities, vs. vendor reporting output.

Consult with Tax Documentation department to ensure documentation issues that may impact tax reporting and withholding are remediated prior to year end.

Support tax team in performing controls on data extracts from source systems to ensure accuracy and compliance with 1099, 1042-S and K1 nominee reporting.

Competencies, Skills and Qualifications:

Extensive knowledge of:

US tax reporting (1099 & 1042-S) requirements as it pertains to the banking industry.

FATCA/ NRA US tax withholding requirements.

W8 and W9 tax form requirements and validation, including W8-IMY Non- Withholding foreign partnership structure and requirements.

Experience in automating reporting processes and improving data quality controls.

Understands and can interpret complex tax requirements.

Strong problem solving and organizational skills.

Ability to prioritize and multitask.

Strong written and verbal skills to explain technical tax matters to both technical and non-technical audience.

Ability to identify opportunities to increase efficiency and control and reduce costs.

Technical Skills:

• Excel
• Access
• Preferred FIS Tax Reporting Module

Qualifications (Experience, Education, Languages):

Experience: Minimum 5+ years US Tax Reporting in financial services operations (specifically forms US Tax forms 1099 and 1042-S)

Education: Bachelor's Degree

The pay range that the employer in good faith reasonably expects to pay for this position is $50.85/hour - $79.46/hour. Our benefits include medical, dental, vision and retirement benefits. Applications will be accepted on an ongoing basis.

Tundra Technical Solutions is among North America's leading providers of Staffing and Consulting Services. Our success and our clients' success are built on a foundation of service excellence. We are an equal opportunity employer, and we do not discriminate on the basis of race, religion, color, national origin, sex, sexual orientation, age, veteran status, disability, genetic information, or other applicable legally protected characteristic. Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law, including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Unincorporated LA County workers: we reasonably believe that criminal history may have a direct, adverse and negative relationship with the following job duties, potentially resulting in the withdrawal of a conditional offer of employment: client provided property, including hardware (both of which may include data) entrusted to you from theft, loss or damage; return all portable client computer hardware in your possession (including the data contained therein) upon completion of the assignment, and; maintain the confidentiality of client proprietary, confidential, or non-public information. In addition, job duties require access to secure and protected client information technology systems and related data security obligations.