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Tax Specialist

Posted 27 Mar 2024
Work experience
2 to 4 years
Full-time / part-time
Full-time
Job function
Degree level
Required language
English (Fluent)

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Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

About us:

Platform Securities are market leaders in the back-office outsourcing services to stockbrokers and wealth managers in UK and Europe.

Platform Securities have been servicing the financial services industry for over 15 years. They are highly regulated and have one of the highest levels of authorisation from the UK Financial Conduct Authority.

The team:

The Tax team are responsible for US and UK operational tax reporting such as US 1042 and 1042-s return, ISA Annual Return (ISAComm100), ISA 14 Annual Statistical Return, Lifetime ISA Annual Return, Other Interest (Section 18), ISA 14 Return & Claim, ISA 10 Monthly claims, and FATCA & CRS reporting. An awareness of other corporation tax obligations including VAT would also be advantageous. A good understanding of a platform business within the financial services sector in the context of tax reporting obligations. Ability to work effectively across many different teams, helping to work together to achieve desired outcomes.

What you will be doing:

  • Prepares, reviews and files various reports for federal, state and local reporting as well as other areas of tax compliance (monthly, quarterly, annually).
  • Tax form validation.
  • Perform surveillance by reviewing exception reports and perform periodic reasonableness checks of W-8 forms
  • Review tax forms expiration; coordinate with internal counterparts to obtain updated forms
  • Identify situations that could arise which indicate inconsistencies between the KYC documents received and the W-8 form and Escalate when required
  • Maintains current knowledge of tax laws, updates and revisions and informs management of issues affecting FIS.
  • Investigates and reconciles discrepancies.
  • Reconciles any year-end balances and recover any tax overpayments.
  • Requests refunds for dual taxation, incorrect assessment and exempt property.
  • Assists with tax audits & year end statutory accounts (tax perspective).
  • Monitors internal reporting software database for integrity and maintenance.
  • Other related duties assigned as needed

What you bring:

  • Ideal candidate will have previously worked for one of the larger accounting / professional firms in an advisory / audit capacity.
  • Bachelor’s degree in preferably in Tax, accounting or finance or the equivalent combination of education, training, or tax related work experience. Remain knowledgeable on current tax regulations.
  • Good understanding of generally accepted accounting principles as well as company accounting policies, procedures and standards
  • Understanding of U.S. tax information withholding & reporting requirements
  • Understanding and working knowledge of IRS Forms W-9 and W-8 and their associated requirements; Forms 1042-S; and 1042
  • Understanding of FATCA/CRS/AEI reporting requirements
  • Up to date and demonstrable knowledge of ISA guidelines and HMRC tax reporting including Additional Permitted Subscriptions, Flexible ISA, Continuous ISA Subscriptions, JISA and LISA.
  • Communicates ideas both verbally and in written form in a clear, concise and professional manner
  • Ability to analyse and solve problems using learned techniques and tools
  • Analytical and statistical examination skills
  • Ability to understand and apply learned concepts
  • Attention to detail, accuracy and confidentiality
  • Demonstrated ability to plan and accomplish work to ensure critical deadlines are met
  • Ability to create spreadsheets and demonstrated proficiency in the use of Microsoft Office and accounting software
  • Ability to establish and maintain effective working relationships with employees, clients and public
  • Ability to manage people / projects etc where required.

What we offer you:

  • A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities
  • A broad range of professional education and personal development possibilities – FIS is your final career step!
  • A competitive salary and benefits
  • The chance to work on some of the most challenging, relevant issues in financial services & technology
  • A work environment built on collaboration, flexibility and respect

FIS™ is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk & compliance, consulting and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more…


FIS™ is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk & compliance, consulting and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 55,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index.

FIS has also been named the No. 1 overall financial technology provider in the annual FinTech 100 rankings. Despite these achievements, we never lose sight of the fact that it’s our clients that make us successful. That’s why FIS’ commitment to operational excellence and client satisfaction is at the forefront of our business strategies and top of mind with every decision we make.

FIS continually strives to give every client a voice and listen and respond to their needs. With a focus on innovation, new product development and enhancements, FIS is positioned to help our clients be more competitive and address their business challenges and strategic goals. We take information security very seriously and provide industry-leading secure and reliable solutions. At FIS, we are committed to protecting the assets of our clients and their customers.

IT
London
10,000 employees