Finance Specialist

3 weeks ago

Sany, India Novel Financial Solutions Full time

Below is the JD for quick review.
Job Title:
FRSS Tax Information Reporting Tax OperationsAnalyst Business: Markets Custody & Issuer Ops Division: FRSSTIR (Finance)

Job Description:
Job Purpose:
The Finance & Risk Shared Services(FRSS) Tax information Reporting (TIR) unit in Mumbai has primaryresponsibility for the documentation validation withholding andReporting across multiple business lines. Utilising a third partyvendor application as well as internal systems the unit makesdecisions that impact the future taxation and onward reporting ofclients income.
Tax regulation has changed significantlyin the past few years and from this the requirements to validatetax documentation prior to account opening have increased in bothvolume and complexity.
The unit provides support to ourclients as well as the Implementations and Client Exec teams.Client calls to discuss requirements are not uncommon. JobBackground/context:
Responsible for inscope processesrelated to one or multiple lines of business within the centralizedTax Information Reporting function in FRSS. This position supportsthe reduction/elimination of s franchise & regulatory riskthrough accurate and timely reporting and enhanced due diligence oncustomer accounts. The incumbent will support businesses and isexpected to develop and enhance their product knowledge within ashort timeframe. In addition the incumbent may be expected tomigrate information reporting functions from various businessesinto FRSS; this process includes training and job shadowingbuilding documentation such as procedures and process flows andidentifying gaps in the process based on IRSregulations.

This position will work in ateamoriented environment.

KeyResponsibilities:

Manage the identificationcollation and submission of FATCA and CRS Reporting data acrossEMEA Custody & Markets businesses
Assist withupdating and maintaining operational procedures relating to TaxInformation reporting
Execute functions from the TaxInformation Reporting process tree including but not limited to taxform validation withholding information reporting legal entitymaintenance and governance
Act as a tax informationreporting specialist to execute operational and projectinitiatives
Develop best practices and implementappropriate procedures and controls to ensure consistent compliancewith Information Reporting FATCA and/or CRS requirements
First point of contact for queries relating to above and escalatingto senior team members when required
Support FRSSService Delivery model with all stakeholders
Identifyand participate in process reengineering and redesign activities toachieve better controls compliance and efficiencies
Support audits by tax authorities and Internal Audit
Support Technology projects from a tax technicalperspective
Contribute towards departmental requirementto adhere to strict regulatory and compliance requirements per taxauthority and policy
Assist with Regulatory Reportingrequirements across FATCA and CRS as required.

Development Value:

Willbe part of developing landscape supporting a growing organizationand providing best in class service to our businesses andclients.
Time management/prioritization skills will beenhanced due to the nature of the role and itschallenges.
Insight into multiple businesses within alarge institution.
Person Specification

Practical experience within the operations tax/assetservicing industry
Familiarity with securitiesoperations and workflows (BackOffice and MiddleOffice) along withKnowledge of the supported/related business areas (Equities FixedIncome Derivatives Settlements Reconciliation).
Experience of compiling data defining documenting controlrequirements and detailed procedures.

Skills:
Basic understanding of U.S. tax informationreporting rules applicable to U.S. Persons and nonU.S.Persons
Basic understanding and working knowledge of IRSForms W9 and W8 and their associated requirements
Excellent communication skills to drive engagement and closeinteractions with key stakeholders. Provide basic advisory servicesprimarily for internal clients
Well versed in standarddesktop technology with advanced Excel skills.
Two tothree years experience in an operations Tax/asset servicingenvironment.
Background understanding of CRS andFATCA
Ability to interact confidently with otherdivisions at all levels
Proactive and questioningnature
Strong Microsoft Office skills

Qualifications:

Good standard ofhigh school education.
Practical experience in anoperations environment.

Competencies:
Strong attention to detail.
Strong oral and written communication skills and ability tofacilitate discussions
Ability to interactprofessionally with senior people both in operations and the frontoffice
Quickly grasp and master new requirements andrelated knowledge
Manage tight deadlines or unexpectedrequirement changes
Team player in both solid line andmatrix reporting organizations
Willingness to askquestions challenge the process and seek out answers
Ability to work independently multitask take ownership and driveparts of the project
Strong analytical and problemsolving skills.

  • Finance Specialist Finance Controller

    1 week ago

    Sany, India Randstad India Full time

    Job Description: The primary functionof this role is to manage MIS & reporting part coordinate withsales assist audits verify stocks review contracts and ensurefinancial compliance. The ideal candidate will have expertise infinancial management ideally with a CA or MBA in Finance. KeyResponsibilities: 1. Conduct financial/...

  • Billing Specialist III Admin Clerk

    1 month ago

    Sany, India IT Business & Support SAC Full time

    Overview:The BillingSpecialist plays a crucial role in ensuring accurate and timelybilling for the organization. They are responsible for managingbilling processes resolving billing discrepancies and maintainingeffective communication with internal and externalstakeholders.KeyResponsibilities:Generate and sendout invoices to clients.Review billing...

  • Software Support Specialist

    3 weeks ago

    sany, India HTD Resources Full time

    Job Title: ERP Support SpecialistJob Description:As an ERPSupport Specialist you will be responsible for providing technicalassistance and support to endusers of the enterprise resourceplanning (ERP) system. Your primary objective will be to ensure thesmooth operation of the ERP system and troubleshoot any issues thatarise. You will work closely with...

  • Software Support Specialist

    4 weeks ago

    Sany, India HTD Resources Full time

    Job Title: ERP Support Specialist Job Description: As an ERPSupport Specialist you will be responsible for providing technicalassistance and support to endusers of the enterprise resourceplanning (ERP) system. Your primary objective will be to ensure thesmooth operation of the ERP system and troubleshoot any issues thatarise. You will work closely with...

  • Oracle Financials Cloud

    1 month ago

    Sany, India Sybex Support Services Inc. Full time

    Exciting Opportunity Alert! Are you a skilled Oracle Financials Cloud professionallooking for your next career move Look no further! Were hiring forOracle Financials Cloud experts with 48 years of experience forvarious locations across India! Position:Oracle Financials Cloud Specialist Experience:48 years Location: Pan IndiaJoin our dynamic team and...

  • Consolidation Specialist

    3 weeks ago

    sany, India Randstad India Full time

    She/he will:Ensure the accuracy of theActuals reporting packages delivered by our entities: analysis of apart of thebalance sheet income statement and/or cashflow statementEvaluate recommend and implement actionplans to improve the efficiency and effectiveness accordingtoGroup IFRS accounting rulesProvidesupport in the preparation of the quarterly earnings...

  • HR Coordinator

    4 weeks ago

    sany, India Randstad India Full time

    Position Overview & Compensation:We are seeking HR Ops & Compliance specialist tojoinour Varian HR team in Pune.Mode of employment: 1year ContractQualification Experience : Bachelors degree in HRBusiness Administration MBA fromrecognized university.The ideal candidate needs to have at least with minimum 5 yearsworkexperience in HR Ops/ Compliance....

  • Payroll Specialist for a Startup in Kalyani NagarPune

    7 days ago

    sany, India Seventh Contact Hiring Solutions Full time

    Responsibilities: Payroll Processing: This involves calculatingwages salaries deductions and bonuses for employees based on theirtime records or contracts. Compliance: Staying updated with relevant taxlaws labor regulations and company policies to ensure payrollpractices remain compliant. Data Entry & Record Keeping: Inputtingemployee data including new...

  • Associate Renewal Support Specialist

    2 weeks ago

    sany, India Randstad India Full time

    Responsibilities:Complete full and partialRMAs (return material authorization)Create Zero ValueOpportunities/Quotes where requiredInvestigate andresolve Premium Support issuesSolve ISV cases &where required create opportunities and quotesLog SMAX(IT help) tickets where there are complicationsProvidetesting support for IT releasesEnsure that bothtransactional...

  • HR Operations

    2 days ago

    sany, India ImmenseTek Full time

    Job Title: HROperationsSpecialistCompany:ImmenseTekLocation:RemoteAbout ImmenseTek:Immense Tech is a leadingtechnology company specializing in innovative solutions for variousindustries. We pride ourselves on fostering a dynamic and inclusivework culture that values creativity collaboration and continuouslearning. As we continue to grow we are seeking a...

  • SAP Support Specialist

    4 weeks ago

    Sany, India Randstad India Full time

    Summary SAP System and process lead: Create enduserdocumentation of the endtoend businessprocesses. Collect business requirements and submittingincident and enhancement requests in line with the Groups SAPstandard solutions to the headquarters technicalteam. Coordinate and perform indepth testing includingenduser acceptance testing for modified and new...

  • Marketing Ops Manager

    4 weeks ago

    sany, India Maynor Consulting Full time

    We are seeking a skilled and detailorientedindividual to join our marketing team as a HubSpot MarketingOperations Specialist. In this role you will be responsible formanaging and optimizing our marketing processes and technologystack within the HubSpot platform. You will work closely withcrossfunctional teams to ensure the successful execution ofmarketing...

  • Marketing Ops Manager

    4 weeks ago

    Sany, India Maynor Consulting Full time

    We are seeking a skilled and detailorientedindividual to join our marketing team as a HubSpot MarketingOperations Specialist. In this role you will be responsible formanaging and optimizing our marketing processes and technologystack within the HubSpot platform. You will work closely withcrossfunctional teams to ensure the successful execution ofmarketing...

  • R2R and Entity Compliance Specialist for a Leading GlobalPayroll Co in Pune

    3 weeks ago

    sany, India Seventh Contact Hiring Solutions Full time

    Responsibilities:Ensure allfinancial close activities are completed timely and in accordancewith corporate timeline guidelines and policies for the globalentities assigned to you and your team.Planning &coordinating with finance & business operation teams onfinancial data & report transacting accounting entries ensuringcompleteness & timeliness of entries...

  • R2R and Entity Compliance Specialist for a Leading GlobalPayroll Co in Pune

    3 weeks ago

    Sany, India Seventh Contact Hiring Solutions Full time

    Responsibilities: Ensure allfinancial close activities are completed timely and in accordancewith corporate timeline guidelines and policies for the globalentities assigned to you and your team. Planning &coordinating with finance & business operation teams onfinancial data & report transacting accounting entries ensuringcompleteness & timeliness of entries...

  • Data Projects

    1 week ago

    sany, India PowerData Group Consulting Full time

    Location :Anywhere inAustraliaRequirement:Must have baseline security clearanceJobdescription TheATO s Data & Analytics (D&A) capability willunderpin and drive the evolution of the whole ATO to become adatadriven Intelligent Enterprise.TheATO is seeking experienced D&A resources to help developATO s inhouse capabilitiesandsupplement the workforce across...