US Tax Reporting Consultant

Ampcus Inc; Jersey City (NJ); Hybrid; USD 83,000 - 131,000; Full time

Job summary

Ampcus Inc. in Jersey City, NJ seeks a US Tax Reporting Consultant for a six-month engagement.

You will support tax reporting activities, including reconciliations, data validation, issue resolution, testing, and controls to ensure accurate and compliant tax reporting. The ideal candidate must have extensive knowledge of US tax reporting requirements within the banking or financial services industry, particularly Forms 1099 and 1042-S, with strong Excel skills and experience in tax reporting

Qualifications

• 5+ years US Tax Reporting in financial services.
• Expertise in Forms 1099 and 1042-S.
• FATCA and NRA withholding knowledge.
• W-8/W-9 and W-8IMY knowledge.
• Strong Excel, data validation, and reporting skills.

Responsibilities

• Perform tax-related reconciliations, data validation and control activities.
• Conduct user testing for tax reporting solutions and validate 1099/1042-S results.
• Review 1099-B, 1099-INT, 1099-DIV, 1099-MISC, and 1042-S reporting outputs.
• Review FATCA and NRA tax withholdings against vendor outputs.
• Collaborate with Tax Documentation to remediate issues before year-end.
• Support data extracts controls for 1099/1042-S and K-1 reporting.
• Identify opportunities to automate and improve data quality and reduce costs.

Skills

Advanced Excel

Microsoft Access

Data reconciliation

Reporting automation

Analytical thinking

Communication

Education

Bachelor's Degree

Tools

FIS Tax Reporting Module

Job description

Ampcus Inc. is a certified global provider of a broad range of Technology and Business consulting services. We are in search of a highly motivated candidate to join our talented Team.

Job Title

US Tax Reporting Consultant

Location(s)

Jersey City, NJ (Hybrid: 4 Days Onsite and 1 Day Remote)

Job Summary

We are seeking an experienced US Tax Reporting Consultant to support tax reporting activities for approximately six months. The consultant will be responsible for tax-related reconciliations, data validation, issue resolution, testing, and control activities to ensure accurate and compliant tax reporting.

The ideal candidate must have extensive knowledge of US tax reporting requirements within the banking or financial services industry, particularly Forms 1099 and 1042-S. Strong Microsoft Excel skills are essential, along with experience in tax reporting systems, data analysis, and reporting process improvements.

Key Responsibilities

• Perform tax-related reconciliations, data validation, issue resolution, and control activities to maintain reporting accuracy and operational integrity.
• Conduct user testing for tax reporting solutions by comparing source input files with vendor-generated output files and validating expected 1099 and 1042-S results.
• Perform tax season checkout activities by examining source input files against vendor-produced output files and validating reporting results for:
  • Form 1099-B
  • Form 1099-INT
  • Form 1099-DIV
  • Form 1099-MISC
  • Form 1042-S
• Review FATCA and Non-Resident Alien (NRA) tax withholdings, including blended withholding rates for intermediary entities, against vendor reporting outputs.
• Collaborate with the Tax Documentation team to identify and remediate documentation issues that could impact tax reporting and withholding before year-end.
• Support the tax team in performing controls on data extracts from source systems to ensure accuracy and compliance with 1099, 1042-S, and K-1 nominee reporting requirements.
• Identify opportunities to automate reporting processes, improve data quality controls, increase operational efficiency, and reduce costs.

Required Qualifications

• Minimum 5+ years of US Tax Reporting experience within financial services operations.
• Extensive knowledge of US tax reporting requirements, particularly Forms 1099 and 1042-S.
• Strong understanding of FATCA and Non-Resident Alien (NRA) tax withholding requirements.
• Knowledge of W-8 and W-9 tax form requirements, validation, and documentation.
• Understanding of W-8IMY requirements, particularly non-withholding foreign partnership structures.
• Experience interpreting complex tax regulations and translating them into operational reporting requirements.
• Strong problem-solving, analytical, and organizational skills.
• Ability to prioritize multiple tasks and manage competing deadlines.
• Excellent written and verbal communication skills, with the ability to explain complex tax matters to technical and non-technical stakeholders.
• Ability to identify process improvements and strengthen operational controls.

Technical Skills

• Advanced Microsoft Excel skills - essential.
• Microsoft Access.
• Preferred experience with FIS Tax Reporting Module.
• Experience with data reconciliation, validation, and reporting process automation.

Education

• Bachelor's Degree required.

Ampcus is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veterans or individuals with disabilities.