Tax Reporting Consultant

All candidates must be willing to work on-site 4 days a week in the Jersey City office. No 3rd parties.Visa sponsorship not provided.WSN is seeking Tax Reporting Consultants for a 6-month consulting role with a major investment bank.Responsibilities:Perform tax?related reconciliations, data validation, issue resolution, and control activities to maintain reporting accuracy and operational integrity.In particular:Perform user testing for FIS Tax Reporting Solution. Examine source input/files vs. vendor produced output files and validate expected 1099 and 1042-S results.Perform tax season check out. Examine source input/files vs. vendor produced output files and validate expected results. Specifically for 1099-B, 1099-INT, 1099-DIV, 1099-MISC and 1042-S tax reports.Review FATCA/ NRA tax withholdings, including blended rates for intermediary entities, vs. vendor reporting output.Consult with Tax Documentation department to ensure documentation issues that may impact tax reporting and withholding are remediated prior to year end.Support tax team in performing controls on data extracts from source systems to ensure accuracy and compliance with 1099, 1042-S and K1 nominee reporting.Competencies, Skills and Qualifications :Extensive knowledge of:US tax reporting (1099 & 1042-S) requirements as it pertains to the banking industry.FATCA/ NRA US tax withholding requirements.W8 and W9 tax form requirements and validation, including W8-IMY Non- Withholding foreign partnership structure and requirements.Experience in automating reporting processes and improving data quality controls.Understands and can interpret complex tax requirements.Strong problem solving and organizational skills.Ability to prioritize and multitask.Strong written and verbal skills to explain technical tax matters to both technical and non?technical audience.Ability to identify opportunities to increase efficiency and control and reduce costs.ExcelAccessPreferred FIS Tax Reporting ModuleQualifications (Experience, Education, Languages):Experience: Minimum 5+ years US Tax Reporting in financial services operations (specifically forms US Tax forms 1099 and 1042-S)Education: Bachelor's Degree