NYFS Senior Associate, Information Reporting & Withholding - COE

KPMG
life insurance, 401(k)
United States, New Jersey, Short Hills
Nov 24, 2024
At KPMG, you can become an integral part of a dynamic team at one of the world's top tax firms. Enjoy a collaborative, future-forward culture that empowers your success. Work with KPMG's extensive network of specialists & enjoy access to our Ignition Centers, where deep industry knowledge merges with cutting-edge technologies to create innovative tax solutions. Join a diverse team helping high-profile clients understand, analyze, and respond to complex business opportunities and challenges. Develop your career through a range of multifaceted engagements, formal training, and informal mentoring. At KPMG, we believe nothing is more important than investing in our culture because it's an investment in our people, our future, and what we stand for as a firm. KPMG is currently seeking a NYFS Senior Associate, Information Reporting & Withholding - COE to join our Business Tax Services practice. Responsibilities: Collaborate with clients on IRW compliance issues and ensure accurate and timely reporting while handling Forms 1099 and 1042-S Take a lead role in projects related to IRW compliance, including reviewing and validating Forms W-8/W-9 Conduct withholding agent diagnostic reviews and assist clients to determine the impact of the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standards (CRS) on their domestic and offshore operations Provide consulting on operational tax functions related to IRW requirements Employ strong technology skills to improve efficiency and accuracy in compliance processes Stay updated on IRS regulations and guidelines related to IRW, implementing necessary changes in internal processes Qualifications: Minimum two years of recent experience in a relevant role, preferably in a Big 4, law firm, or similar setting focusing on IRW compliance. Bachelor's degree in Taxation, Accounting, Finance, or a related field, with a preference for J.D., LL.M. in Taxation, or MST from an accredited college/university Proven experience with Forms 1099 and 1042-S, including review and validation, and a strong understanding of operational tax functions in the IRW context Proficiency in MS Excel, Access, Alteryx, databases, SharePoint, VBA, or Java is preferred, along with strong analytical, problem-solving, and organizational skills Excellent communication and interpersonal skills for effective collaboration with clients and team members KPMG complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, the firm is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year the firm publishes a calendar of holidays to be observed during the year and provides two firmwide breaks each year where employees will not be required to use Personal Time Off; one is at year end and the other is around the July 4th holiday. Additional details about our benefits can be found towards the bottom of our KPMG US Careers site at "Benefits & How We Work". Follow this link to obtain salary ranges by city outside of CA: https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=M309B_4_24KPMG LLP (the U.S. member firm of KPMG International) offers a comprehensive compensation and benefits package. KPMG is an affirmative action-equal opportunity employer. KPMG complies with all applicable federal, state and local laws regarding recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state or local laws. The attached link contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please. KPMG does not currently require partners or employees to be fully vaccinated or test negative for COVID-19 in order to go to KPMG offices, client sites or KPMG events, except when mandated by federal, state or local law. In some circumstances, clients also may require proof of vaccination or testing (e.g., to go to the client site). KPMG recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) for which they are qualified that is also of interest to them. Los Angeles County applicants: Material job duties for this position are listed above. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness, and safeguard business operations and company reputation. Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.