Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
The job is responsible for complex tax planning, forecasting, and/or advisory activities. Key responsibilities include complying with complex tax reporting requirements of various governmental jurisdictions minimizing tax liabilities, researching tax issues, developing effective tax optimization, and providing business unit support to business partners on complex issues. Job expectations include managing highly complex business partner relationships and having in-depth subject-matter expertise in relevant areas.
The Senior Tax Advisor will assist the Global Head of Transfer Pricing (“TP”) with management of the in-house global Transfer Pricing function, including (but not limited to):
• Overall coverage of the EMEA and APAC regions
• Participating in governance routines and reviewing data sources to ensure timely identification of new intercompany relationships
• Design, implementation and ongoing maintenance of TP methodologies
• Liaison with key internal stakeholders
• Policing and supervising all aspects of the Global TP Policy
• Assist external vendor with coordination and smooth running of annual TP documentation processes
• Dealing with external auditors, tax authority audit queries or regulatory investigations
The candidate must be able to manage several projects at one time and engage with senior individuals in business and support functions. An energy to learn about the Company’s businesses and manage tax risk effectively and efficiently are required, as well as, strong written and oral communication skills. Both an independent working bias and an ability to operate within cross-functional teams are also important.
Responsibilities:
• Analyzes and interprets more complex tax laws and regulations
• Assists in the preparation of complex tax planning and compliance strategies
• Reviews federal, state, and local tax returns
• Researches and analyzes more complex tax issues
• Oversees the preparation of tax compliance and reporting requirements
• Reviews tax estimates and projections
• Identifies and implements process improvements
Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
• Diversity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company D&I goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data-based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating teamwork.
Required Skills:
• Bachelor’s degree in related field
• Working knowledge of OECD Guidelines and US Transfer Pricing Regulations
• Analytical and problem-solving mindset
• 5+ years’ experience in law firm, accounting firm or financial services specializing in transfer pricing
• Financial services experience
• Able to manage multiple projects simultaneously
• Effective communication skills. The role involves frequent communication with senior internal and external stakeholders
Desired Skills:
• At least intermediate-level proficiency in Excel, Word and Powerpoint
• Strong upward management skills
• Working knowledge of international (non-US) tax systems
• Effective business influencer
Skills:
• Analytical Thinking
• Policies, Procedures, and Guidelines Management
• Tax Administration
• Continuous Improvement
• Problem Solving
• Process Performance Management
• Relationship Building
• Stakeholder Management
• Attention to Detail
• Financial Analysis
• Project Management
• Reporting
Minimum Education Requirement: Bachelor’s degree in related field
Shift:
1st shift (United States of America)Hours Per Week:
40Learn more about this role