Financial Management Department - Income Tax Associate/AVP

About the role

Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business. Overview Review state tax estimate calculations, tax provisions and tax returns to ensure the bank complies with state tax regulatory and filing requirements Responsible for handling notices from States Monitor state tax law developments that are applicable to the bank Coordinate indirect tax consulting needs (e.g. sales and use tax) Responsibilities Tax Return Filing & Year-end Tax Provision Review tax provision prepared for FS purpose and handling external audit inquires Review information collected for state income tax return preparation, such as state apportionment data Monitor the return filing process to the applicable state tax authorities Review annual state tax returns Perform the annual state tax nexus and apportionment analysis Quarterly Tax Accrual and Estimated Tax Calculation  Review/prepare state tax quarterly/monthly provisions and ensure the accuracy of state tax calculations Prepare state tax estimated tax payments Tax Consulting  Handling internal State and Local tax related inquiries, including: Collect specific business facts and circumstances Perform state tax research or leverage external tax resources to arrive at conclusionsUpdate policies and procedures to enhance internal control over state and local tax compliance Tax Notices  Conduct document collection, compilation and responses to notices received from state tax authorities Contact tax authority to resolve open tax issues, such as the pending refunds and misapplied tax credits Monitor audit progress and respond to the tax authorities’ requests Tax Policies, Procedure, and Tax Accounting Treatment Update  Update policies and procedures to enhance internal control over state and local tax compliance Qualifications Master’s degree or equivalent in a tax-related field At least 2 years of experience in taxation or accounting, or relevant experience in the banking and financial services industry; 4+ years of experience in taxation or accounting, or relevant experience in the banking and financial services industry for AVP level Knowledge of taxation, accounting, and finance/banking Experience in corporate income tax, general ledger, and financial statement preparation; familiarity with accounting and regulatory compliance, including US GAAP and IFRS Fluent in both spoken and written English Pay Range Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications. USD $42,000.00 - USD $150,000.00 /Yr.