Bank of America Corporation

Sr Tax Professional II

Bank of America Corporation$79K — $115K *
Plano, TX 75025In-Person
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Knowledge of U.S. Treasury regulations and information reporting requirements (Forms 1099, 1042-S)
  • Advanced proficiency in Microsoft Excel for data analysis and reporting
  • Experience in performing complex reconciliations and resolving discrepancies
  • Ability to manage multiple tasks while meeting tight deadlines
  • Strong interpersonal skills for both independent and team collaboration
  • Highly organized with strong analytical capabilities and attention to detail
  • Excellent written and verbal communication skills, conveying issues and solutions clearly

Responsibilities

  • Analyzes and interprets tax laws and regulations
  • Assists in preparing tax planning and compliance strategies
  • Prepares and reviews federal, state, and local tax returns
  • Researches and analyzes tax issues
  • Supports preparation of tax compliance and reporting requirements
  • Prepares and reviews tax estimates and projections
  • Identifies and implements process improvements

Benefits

  • Industry-leading benefits package
  • Access to paid time off
  • Resources and support for employee impact
  • Contributions to sustainable business and community growth
Full Job Description

Job Description:
This job is responsible for tax planning, advisory, forecasting, and compliance activities. Key responsibilities include complying with tax reporting requirements for various government jurisdictions, researching tax issues and developing effective tax optimization strategies, and supporting the achievement of business objectives by collaborating on activities and projects with teammates and partners throughout the enterprise. Job expectations include leading projects, coordinating resources and leading partner relationships.

The role will require the successful candidate to:
• Perform US IRW Tax Withholding and Reporting function which includes but not limited reporting related to 1099, 1042, 1042S, and other outsourced functions.
• Coordinate globally with colleagues in GBAM Operations Tax & Control, GBAM Tax Change, GBAM Technology, Global Tax Policy & Global Tax Compliance.
• Service tax related client inquiries and escalations.
• Drive tax initiatives and tax regulatory implementations in partnership with GBAM Tax Change & GBAM Technology.

Responsibilities:

  • Analyzes and interprets tax laws and regulations
  • Assists in the preparation of tax planning and compliance strategies
  • Prepares and reviews federal, state, and local tax returns
  • Researches and analyzes tax issues
  • Supports the preparation of tax compliance and reporting requirements
  • Prepares and reviews tax estimates and projections
  • Identifies and implements process improvements

    Required Skills:

    • Knowledge of U.S. Treasury regulations, including Chapters 3, 4, and 61, with demonstrated familiarity in information reporting requirements such as Forms 1099 and 1042-S
    • Advanced working knowledge of Microsoft Office applications, with a strong emphasis on Excel for data analysis and reporting.
    • Proven ability to perform complex reconciliations, identify discrepancies, and resolve issues through structured, analytical approaches.
    • Ability to manage multiple priorities simultaneously while maintaining accuracy and meeting tight deadlines in a dynamic environment.
    • Strong interpersonal skills with the ability to work both independently and collaboratively within cross-functional teams.
    • Highly organized with strong analytical capabilities and attention to detail across processes and deliverables.
    • Excellent written and verbal communication skills, with the ability to clearly articulate issues, solutions, and status updates to stakeholders.
    • Bachelor’s degree or equivalent work experience in a relevant field.

    Desired Skills:

    • Demonstrates a proactive approach to bringing forward new ideas and perspectives to drive innovation and deliver differentiated solutions.
    • Excels at working across diverse viewpoints, leveraging differing perspectives to determine the most effective path forward.
    • Excels at working across diverse viewpoints, leveraging differing perspectives to determine the most effective path forward.
    • Displays a willingness to challenge the status quo, champion new approaches, and promote positive organizational change.
    • Actively participates in and drives initiatives to enhance tools, technology, and ways of working to better support an evolving client base.
    • Values diversity of thought and background, fostering an inclusive environment that reflects and supports the diverse needs of clients and employees globally.

    Skills:

    • Analytical Thinking
    • Issue Management
    • Tax Administration
    • Continuous Improvement
    • Policies, Procedures, and Guidelines Management
    • Process Effectiveness
    • Relationship Building
    • Stakeholder Management
    • Attention to Detail
    • Financial Analysis
    • Reporting
    • Written Communications

    Shift:

    1st shift (United States of America)

    Hours Per Week: 

    40

    Pay Transparency details

    US - NY - New York - 1133 Ave Of The Americas - 1133 Ave Of The Americas (NY1533)

    Pay and benefits information

    Pay range

    $79,500.00 - $115,800.00 annualized salary, offers to be determined based on experience, education and skill set.

    Discretionary incentive eligible

    This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

    Benefits

    This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

    About Bank of America Corporation

    Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

    Bank of America Corporation Careers

    Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
    Learn more about Bank of America Corporation
    Size
    208,000 employees
    Market Cap
    $260.3 billion
    Industry
    Net Income
    $17.8 billion
    Founded
    1998
    5 Year Trend
    -1.4%
    NASDAQ

    Similar Jobs

    More Jobs at Bank of America Corporation

    More Legal & Accounting Jobs

    Find similar Sr Tax Professional II jobs: