BNY · 1 month ago
Senior Vice President, Tax Compliance Quality Assurance (TCQA)
BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. They are seeking a Senior Vice President for their Corporate Tax team, responsible for overseeing tax compliance, governance, and leading a team while driving process improvements and automation initiatives.
Financial Services
Responsibilities
Manage a team to support daily federal and state non-payroll withholding tax deposits, including Forms 945 and 1042 for various BNY entities
Oversee the preparation and filing of extensions (e.g., 1099, 1042-S, 8966) and ensure timely, accurate submissions across various BNY entities
Oversee the governance and manage the FATCA/8966 Intergovernmental Agreement reporting process
Perform and drive internal compliance testing on business units tax processes
Works with IRW team and senior management to ensure that the appropriate corporate tax policies, methods, standards, processes, metrics, reporting and training are developed, applied and understood by impacted stakeholders
Manage the tracking, research and draft responses to all IRS and state notices/inquiries on impacted BNY entities for IRW team review
Coordinate with business the remediation of annual IRS Name/Tax Identification (TIN) mismatches, including B and C-Notices
Liaise with Internal Audit to request ad-hoc audits as well as review results of regular annual audits where they pertain to business units' tax withholding and information reporting processes
Ensure procedures are maintained for TCQA key processes
Serve as the primary liaison for Forms 1099 and 1042-S reporting (supporting business units with client mailings, state and federal tax filings) and managing vendor governance
Lead automation initiatives within team to streamline deposit, reconciliation and reporting processes by driving innovations via the BNY AI and automation framework
Manage a team and mentor junior staff on tax processes, fostering their growth and building a strong team and sustainable talent pipeline
Conduct annual and ad-hoc training for business units and tax operations partners in key deposit and reporting functions
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field
10–12 years of experience in tax compliance, reporting or accounting, ideally within financial services
Deep knowledge of IRS regulations (e.g. FATCA, NRA, TEFRA)
Strong leadership, analytical, and communication skills
Ability to manage audits, lead teams, and drive process improvements
Preferred
CPA or MST preferred
Experience in tax operations, tax compliance or accounting preferred
Experience with Sovos or similar tax reporting systems
Benefits
Highly competitive compensation
Benefits
Wellbeing programs
Flexible global resources and tools
Generous paid leaves
Paid volunteer time
Company
BNY
For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth.
Funding
Current Stage
Late StageLeadership Team
Recent News
PR Newswire
2024-11-01
Company data provided by crunchbase