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Tax Analyst

Company: HSBC
Location: Buffalo
Posted on: April 3, 2024

Job Description:

Job description

Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.
We are currently seeking a Tax Analyst, who will support in all aspects of tax documentation review, validation and retention. The Tax Analyst has strong understanding of or willingness to learn and apply the United States Internal Revenue Service (IRS) rules/regulations.

As our Tax Analyst you will:

  • Handle functions that support all aspects of tax documentation review, validation and retention, including quality assurance of offshore teams in the processing and review of IRS Forms W-8/W-9
  • Supervise and execute customer outreach in aid of the collection, processing and retention of tax documentation
  • Conduct daily IRS and/or state tax withholding analysis, including FATCA, NRA, and Backup, and deposit sums due to the IRS;
  • Communicate with customers, front-office banking personnel and Tax SMEs, as needed, to research, resolve and provide solutions to tax documentation, withholding and/or reporting issues
  • Assist in all aspects of tax year-end reporting, including Forms 1099/1042S, as well as filing returns 945/1042/8966, including UAT testing of related software, programs and systems and submitting files to the IRS FIRE system
  • Process B/C Notices, and other IRS Notices, including timely escalation to Corporate Tax where necessary
  • Assist in making updates to written procedures and process maps.
    For this role, HSBC targets a pay range between $46,600 and $69,900. The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

    At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a "bonus"). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.


    Youll likely have the following qualifications to succeed in this role:
    • A Bachelor's degree in a business curriculum is a plus but not essential
    • 1-4 years' experience in a Tax, Compliance, Accounting, or Operations background
    • Strong understanding of or willingness to learn and apply the United States Internal Revenue Service (IRS) rules/regulations including: FATCA, Chapter 3/4/61 and 1099/1042s reporting
    • Excellent interpersonal and organizational skills
    • Microsoft Office proficiency - intermediate to advanced
    • Knowledge of Tax reporting software, such as 1099PRO; 1042SPRO considered a plus
      In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
      As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
      #wayup All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.

Keywords: HSBC, Buffalo , Tax Analyst, Accounting, Auditing , Buffalo, New York

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