US Tax Reporting Consultant

Ampcus, Inc; Jersey City (NJ); Hybrid; USD 95,000 - 130,000; Full time

Benefits offered by this job

Health insurance

Job summary

Ampcus Inc. is seeking a seasoned US Tax Reporting Consultant to support tax reporting activities for approximately six months in Jersey City, NJ.

The role focuses on reconciliations, data validation, issue resolution, testing, and control activities to ensure accurate and compliant tax reporting. The ideal candidate has 5+ years in US tax reporting within financial services, with deep knowledge of Forms 1099 and 1042-S, FATCA/NRA withholding, and W-8/W-9/W-8IMY.

Qualifications

• 5+ years of US tax reporting in financial services.
• Extensive knowledge of US tax reporting requirements, especially 1099 and 1042-S.
• Strong understanding of FATCA and NRA withholding requirements.
• Knowledge of W-8 and W-9 form requirements and validation.
• Understanding of W-8IMY for non-withholding foreign partnerships.
• Ability to translate complex tax regulations into reporting requirements.
• Strong problem-solving, analytical, and organizational skills.
• Excellent written and verbal communication skills.

Responsibilities

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

Skills

US Tax Reporting

Tax Regulations

FATCA/NRA rules

W-8/W-9 forms

W-8IMY rules

Data analysis

Problem solving

Communication skills

Process improvement

Education

Bachelor's Degree

Tools

FIS Tax Reporting Module

Microsoft Excel

Microsoft Access

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 reconcilations, 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.