Sr Tax Professional II (Hiring Immediately)
Bank of America
Job Description
This role is responsible for tax planning, advisory, forecasting, and compliance activities. Key responsibilities include complying with tax reporting requirements for various government jurisdictions, researching tax issues and developing effective tax optimization strategies, and supporting the achievement of business objectives by collaborating on activities and projects with teammates and partners throughout the enterprise.
The role will require the successful candidate to:
Perform US IRW Tax Withholding and Reporting function which includes but not limited reporting related to 1099, 1042, 1042S, and other outsourced functions.
Coordinate globally with colleagues in GBAM Operations Tax & Control, GBAM Tax Change, GBAM Technology, Global Tax Policy & Global Tax Compliance.
Service tax related client inquiries and escalations.
Drive tax initiatives and tax regulatory implementations in partnership with GBAM Tax Change & GBAM Technology.
Responsibilities
Analyzes and interprets tax laws and regulations
Assists in the preparation of tax planning and compliance strategies
Prepares and reviews federal, state, and local tax returns
Researches and analyzes tax issues
Supports the preparation of tax compliance and reporting requirements
Prepares and reviews tax estimates and projections
Identifies and implements process improvements
Required Skills
Knowledge of U.S. Treasury regulations, including Chapters 3, 4, and 61, with demonstrated familiarity in information reporting requirements such as Forms 1099 and 1042-S
Advanced working knowledge of Microsoft Office applications, with a strong emphasis on Excel for data analysis and reporting.
Proven ability to perform complex reconciliations, identify discrepancies, and resolve issues through structured, analytical approaches.
Ability to manage multiple priorities simultaneously while maintaining accuracy and meeting tight deadlines in a dynamic environment.
Strong interpersonal skills with the ability to work both independently and collaboratively within cross-functional teams.
Highly organized with strong analytical capabilities and attention to detail across processes and deliverables.
Excellent written and verbal communication skills, with the ability to clearly articulate issues, solutions, and status updates to stakeholders.
Bachelor’s degree or equivalent work experience in a relevant field.
Desired Skills
Demonstrates a proactive approach to bringing forward new ideas and perspectives to drive innovation and deliver differentiated solutions.
Excels at working across diverse viewpoints, leveraging differing perspectives to determine the most effective path forward.
Displays a willingness to challenge the status quo, champion new approaches, and promote positive organizational change.
Actively participates in and drives initiatives to enhance tools, technology, and ways of working to better support an evolving client base.
Values diversity of thought and background, fostering an inclusive environment that reflects and supports the diverse needs of clients and employees globally.
Additional Skills
Analytical Thinking
Issue Management
Tax Administration
Continuous Improvement
Policies, Procedures, and Guidelines Management
Process Effectiveness
Relationship Building
Stakeholder Management
Attention to Detail
Financial Analysis
Reporting
Written Communications
Shift: 1st shift (United States of America)
Hours Per Week: 40
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