Tax Operations - Assistant Vice President

Do you want your voice heard and your actions to count?Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 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 AVP role encompasses a combination of accounting, compliance, corporate finance, tax and risk management functions, and involves tax documentation, withholding and reporting, operational process improvements and technology product managementResponsibilitiesThe Tax Operations Analyst role encompasses a combination of accounting, compliance, corporate finance, tax and risk management functions, and involves tax documentation, withholding and reporting, operational process improvements and technology product managementKey responsibilities include assisting with: Tax form validation including W-9/W-8 forms, as well as other supporting documentsProcess W-8IMY Intermediary Allocation, and Withholding StatementsAnnual W-8 recertification or remediationDaily tax withholding analysis, general ledger management, and reconciliation, including Backup, FATCA, and NRAMaintenance of reporting obligations, submission deadlines, and tax compliance requirementsCommunicate with account representatives to resolve withholding and/or reporting issuesTax year-end reporting, including Form 1099/1042-S, as well as filing returns 945/1042/8966Assist with ad-hoc projects, issue resolution, technology enhancements, and other deliverables as neededPerform surveillance by reviewing exception reports and perform periodic checks to ensure compliance with regulatory guidelines, as well as other established risk and control frameworkWork ExperienceExperience in a complex financial services environment providing Tax Reporting, Compliance, Risk, Accounting, Audit supportExperience working at a large financial institution, such as a Corporate & Investment Bank, and/or Consulting (big 4) a plusFunctional SkillsTax Operations Subject Matter Expert (SME) in all the following areas: Documentation (W-8/W-9), Withholding (Backup/FATCA/NRA), Reporting 1099/1042-S), Filing Returns (1042), Abandoned and Unclaimed PropertyExtensive knowledge of the United States Internal Revenue Service (IRS), and rules/regulations including FATCA Chapter 3/4/61, CRS, 871m/305c, 1099/1042s reporting, Unclaimed Property State LawsAdvanced knowledge of tax software [e.g. Broadridge ADP, IMPACT, Markit CTI MD3/TFV, Thomson Reuters OneSourceStrong project management skillset including waterfall and agile principlesExperience using business software (e.g., JIRA, Microsoft Project, Ariba, Tableau, SharePoint]Foundational SkillsDemonstrates leadershipCommunicate effectivelyIdentifies multiple paths to success using analytical and critical thinking as well as decision-making skillsOperates strategically to support a culture of continuous improvement and systems thinkingMakes sound business decisions in a complex work environmentCollaborate with other business functions and divisions to advance business objectivesIs flexible, decisive, and able to establish support from leadershipMonitors industry trends and best practices and applies insight to advance the businessExhibits and fosters optimism, resilience, flexibility, and openness to others' ideasInspires innovation and values learning as a lifelong professional objectiveLeads by example, engaging inclusively and with intentAlways act with integrityManage staff and day-to-day operations, which include Tax Documentation, Withholding, and ReportingResponsible for tax form validation process including review of supporting documents, intermediary allocation, withholding statements and annual recertification or remediationExecutes tax withholding analysis and reconciliationEnsures reporting obligations, submission deadlines and legal requirements are metResolves withholding and reporting issuesAccountable for year-end tax reports and returnsLiaises with internal departments to abate penalty noticesEvaluates and migrates unresolved tax deliverablesEnhances and optimizes the tax product management work-stream via internal process improvements or vendor relationshipsEnsure compliance with regulatory guidelines and established risk and control frameworksMonitors Key Performance Indicators (KPI), Key Risk Indicators (KRI), and preparing key metrics reportingMonitors operational controlsExecutes Business Unit Risk Management (BURM) initiativesProvides regulatory and tax transaction data to clientsInterprets and explains locally relevant tax lawsApplies tax law to relevant industries or lines of businessOversees vendor management activities such as approval process, invoicing, escalations and reviewsEnsure reporting and filing obligations, submission deadlines, and legal requirements are metStay informed of current technical developments and effectively apply knowledge to client situations including understanding of waterfall and agile principleEducationDegree or equivalent work experience equally preferableThe typical base pay range for this role is between $91K - $114K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonuses 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 SummaryWe will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.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. #J-18808-Ljbffr Mufg