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.
