Tax Operations, VP - Tampa, United States - MUFG Bank, Ltd.

Description

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

The Tax Operations team is seeking a candidate who is ambitious and enjoys taking on exciting new challenges. The ideal candidate thrives in a fast-paced environment, collaborates with cross-functional teams, promotes critical thinking, and is a natural problem solver. The role involves aspects of Accounting, Compliance, Corporate Finance, Tax, and Risk Management. To support the day-to-day operations, the VP will oversee and participate in a variety of imperative work-streams; Tax Documentation, Tax Withholding, Tax Reporting, Operational Process Improvements, and Technology Product Management. The candidate will be expected to supervise Production responsibilities and be comfortable driving/executing organizational change strategy to better serve our clients. The Tax Operations VP position will report directly into the Director of Client Reporting Operations

Responsibilities:

• Manage staff and day-to-day operations, which includes Tax Documentation, Withholding, and Reporting.
• Supervise tax form validation process including W-9/W-8 forms, supporting documents, W-8IMY intermediary allocation, withholding statements, and the Annual W-8 Remediation.
• Oversee tax withholding analysis and reconciliation, including Backup, FATCA, and NRA.
• Maintenance of reporting obligations, submission deadlines, and legal requirements.
• Communicate with account representatives to resolve withholding and/or reporting issues.
• Direct tax year-end reporting, including Form 1099/1042-S, as well as filing returns 945/1042/8966.
• Facilitate B/C Notices and liaise with Corporate Tax to abate any penalty notices.
• Perform surveillance by reviewing exception reports and perform periodic checks to ensure compliance with regulatory guidelines, as well as other established risk and control framework.
• Drive the continuous process improvement work-stream, identifying opportunities within the team or organizational unit that will strengthen controls, and/or efficiencies.
• Lead the tax product management work-stream; logging issues and enhancements that need to be resolved by technology internally or by other technology vendor-supported systems externally.
• Examine Key Performance Indicators (KPI), Key Risk Indicators (KRI), and prepare other metrics for senior management to review.
• Participate in planning and strategy sessions to resolve Self-Identified Issues, and assist with execution as needed.
• Leading Strategic Initiatives, drafting business requirements Documents (BRDs), working closely with the appropriate Project Managers, and Technology Leads through Design, Development, SIT, and UAT.
• Coordinate User Acceptance Testing (UAT) as needed, and closely coordinate with the appropriate Project Managers and Technology Leads.
• Partner with Business Unit Risk Management (BURM) on various objectives ranging from RCSA, Control Testing, End User Computing (EUC), Management Self-Identified Issues (MSI), Business Continuity Planning (BCP), internal and external audits.
• Administer Vendor Management responsibilities; Start of Work (SOW) contracts, monitoring the associated approval process, invoicing, day-to-day issues, escalations, and monthly reviews.

Requirements:

• A Bachelor's degree. An MBA, CPA, or CFA would be considered a plus.
• 10+ years experience with Tax, Compliance, Accounting, or Audit.
• Experience working within Financial Services, or Consulting (big 4) considered a plus.
• Strong understanding of the United States Internal Revenue Service (IRS), and rules/regulations including; FATCA Chapter 3/4/61, CRS, 871m/305c, and 1099/1042-S reporting.
• Knowledge of Tax software, such as Broadridge ADP, IMPACT, Markit CTI MD3/TFV, Thomson Reuters OneSource, 1099PRO, Stone River, and Sovos, considered a plus.
• Exceptional Project Management skillsets; understanding of waterfall and agile principles.
• Project Management software; JIRA, Microsft Project, Ariba, Tableau, considered a plus.
• Familiar with either the Project Management Professional (PMP) designation, or Lean Six Sigma (LSS) certificate program as it relates to project management. Not required, but considered a plus.
• Subject Matter Expert on core Tax Operations concepts; Documentation (W8/W9) Withholding (NRA/Backup/FATCA), Reporting (1099/1042-S), and filing returns (945/1042/8966).
• Fluency in English; fluency in additional languages considered a plus.
• Excellent interpersonal skills, effective communicator, with ability to influence and negotiate.
• Microsoft Office; intermediate to advanced.

The typical base pay range for this role is between $101K - $136K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.