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Job Overview : Citi Wealth Client Tax Operations Senior Analyst is an individual contributor role responsible for ensuring complete, accurate and timely payments & tax form filing with the local tax authorities. This position also requires large scale program management and external stakeholder management, making it essential to have a seasoned professional in this role across international clusters.
Responsibilities :
- Prepare non-US tax reports covering multiple jurisdictions and products, including quarterly reconciliations and tax payments (e.g., VAT, GST and other Non US tax regimes).
- Ensure compliance with local tax regulations, including the preparation of account reconciliations for revenues and VAT/GST tax accounts for all legal vehicles within Citi Wealth International clusters.
- Manage critical tax-related issues & remediation activities impacting clients and business stakeholders to ensure smooth operations and regulatory compliance.
- Provide tax SME expertise to the Client Tax Operations team in Poland and India by quickly acquiring Citi's institutional knowledge to understand business segments and legal entities.
- Provide first-level support for inquiries from client advisors regarding the Tax Reclaim Service and handle the preparation and transmission of data files to custodians.
- Support the global implementation of GST/VAT regulations while contributing to strategic tax programs and technical implementations.
- Analyze tax transaction withholding processes from front to back and implement operational changes arising from process remediations or enhancements in collaboration with Business Change management & Technology partners.
- Develop business requirements for system-related enhancements and manage the end-to-end implementation of new or amended taxes.
- Streamline process inconsistencies, mitigate risks, and maintain comprehensive process documentation, ensuring knowledge sharing across the team for effective tax operations and control functions.
- Ensure timely escalation of issues, track their resolution, and participate in governance forums.
- Collaborate closely with Business and Technology partners to identify gaps and drive process improvements.
- Act as a backup for the manager when needed, and coordinate task allocation and completion within the Client Tax Operations team.
Qualifications :
- A positive track record of experience in a tax-related area and good understanding of tax reporting and operational tax processes.
- Knowledge about the Double Tax Treaty Agreements, International Taxation, Custody Operations, Relief at source and reclaim.
- Experience in Tax Operations (Direct/Indirect Tax, Withholding TAX, Goods and Services Tax, Trading Tax etc.)
- Experience in International Taxation and Tax Treaty is an added advantage.
- Strong multi-tasking,
organizational and time management skills with experience in continuously following up with various stakeholders and execution teams.
- Ability to take initiative, self-motivate and consistently demonstrate a results-driven mindset.
- Strong analytical skills with the ability to conduct detailed analyses of complex tax processes.
- High level of integrity and ability to handle sensitive and confidential information in compliance with Swiss client data privacy laws.
- Critical thinking and drawing logical conclusions.
- Experience working both independently and, in a team-oriented, collaborative environment.
Education & Skills :
- Bachelor's/University degree or equivalent experience, preferably in finance and banking
- Fluent English: Ability to communicate effectively verbally and in writing in a concise and coherent manner with international clients and bankers. German speaking is an added plus.
- Proficiency in tax software and MS Office Suite, particularly Excel.
- 6-8+ years of relevant experience.
We offer :
- Exposure to a wide range of internal stakeholders as well as to senior management
- Excellent global career growth opportunities
- International and multicultural work environment
- Management supporting balanced and agile work (flexible working hours, home office)
- A chance to make a difference with various affinity networks and charity initiatives.
- Attractive benefits package Job Family Group :Finance
- Job Family : Tax
- Time Type : Full time
- Most Relevant Skills :Assessment, Credible Challenge, Financial Acumen, Management Reporting, Risk Management.
- Other Relevant Skills :For complementary skills, please see above and/or contact the recruiter.
📌 Tax Operations Senior Analyst (Chennai)
🏢 Citi
📍 Chennai