3 yrs required
Gastonia, NC, United States
Tax Accountant IV - Coverage Officer Consultant
The candidate will perform the most complex tax accounting activities related to the preparation of federal and state tax returns. Prepares comprehensive tax workpapers, performs complex account analysis, prepares responses to audit requests, research memos, and tax correspondence, and looks for improvement in policies and procedures for the maintenance of tax-related records. Maintains high level of knowledge of federal and state income tax laws, rulings, regulations, and judicial decisions, and develops high level of expertise in assigned areas. Develops relationships with assigned business units related to the collection and analysis of information important to income tax accounting and/or compliance, and assists in directing corporate policy with respect to complex income tax issues. Responds to inquiries regarding tax policies and procedures. Performs analysis of complex transactions and researches opportunities to minimize income taxes and management of income tax risks. Performs tax research and takes leadership role in the collection and communication of information in response to inquiries from federal and state income tax auditors. May direct the work of less experienced staff. May be recognized as an expert in one or more areas of tax law. Implement/operationalize tax laws with LOB Tax Control Officers (TCO), advising on tax requirements and performing research in support of tax functions. Serve as a subject matter expert (SME) on any domestic tax matters, including, but not limited to, FATCA, Non-Resident Alien withholding and reporting, backup withholding, Cost Basis, Original Issue Discount, and structured product issues, and serve as integral member of the tax team on tax matters. Serve as tax SME regarding LoB applicable tax laws including evaluating new/changed laws, impact assessment, and supporting product implementation. Work with Governance Program Manager and LOB TCOs to ensure payment matrices are maintained. Work with TCOs on Procedure Development and Maintenance. Assess system changes (i.e. rule application, validation updates, BRD review). Assist with identification and documentation for self-identified issues and actions; coordinate with Tax Issues Manager for escalations. Partner with LoB Risk Management and TCOs to support remediation or resolution of critical issues. Work with Strategic Risk Assessment team to evaluate testing or assessment results for respective LoB. Drive business process improvements and best practices, and assist with implementation and transition efforts. Understand products and process controls to oversee tax risks that the products and services pose. Work with Tax Compliance Reporting Manager to maintain controls inventory. Partner with Tax Compliance Reporting Manager to facilitate or coordinate information/data for control metrics. Support gap closure from Strategic Risk assessments perform by Tax Governance. Assist in prioritization of work efforts as determined by risk level of tax risk items.
609 Old New Hope Road Suite 102
United States 28054-4825
Website : https://www.wellsfargo.com/
Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The companys Community Banking segment offers checking and market rate accounts, savings and time deposits, individual retirement accounts, and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and credit and debit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, health savings accounts, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The companys Wealth, Brokerage, and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of March 7, 2014, it operated through 9,000 locations and 12,000 ATMs, and offices in 36 countries, as well as through wellsfargo.com. The Company was founded in 1852 and is headquartered in San Francisco, California.