Manager Corporate Tax
New York, NY, US, 10001
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
The Corporate Tax Manager reports to the Vice President (VP) of Corporate Tax. This individual will be responsible for all aspects of Tax Accounting, Reporting and Compliance for assigned business units including the preparation of quarterly and annual SEC income tax disclosures and assist with IFRS reporting at the Consolidated level.
This role will also work closely with the Tax Technology Manager to maintain and manage the monthly OneSource Tax Provision process and work with Tax team members to maintain proper documentation and ensure compliance with all internal and SOX controls for Tax Accounting and compliance.
As our Corporate Tax Manager, you will:
- Prepare/review supporting work papers for the monthly, quarterly and annual tax provision including book-tax differences and tax footnote disclosures
- Manage the collection, review and submission of all external financial auditor tax information requests for both quarterly and annual reporting purposes
- Coordinate Federal taxable income calculations and deferred tax validation support for assigned companies within our Consolidated group with outside consultants and review Tax return output
- Partner with the Asset Management team to manage the Tax Fixed Asset inventory and prepare regular validation checks on the tax related balances
- Partner with Tax team members and external financial auditors to track and ensure adequate documentation for internal and external SOX reporting purposes
- Monitor emerging issues in U.S. GAAP accounting standards and SEC reporting, as well as proposed changes in tax laws, and quantify the financial statement impact
- Identify and implement opportunities for process improvement within the Tax provision process and forecasting process, especially with respect to utilization of technology
- Provide support and written responses for IRS Audit queries for assigned business units and assist with State Audit queries as needed and coordinate Tax Intercompany settlement in accordance with our Tax Sharing agreement
You´ll likely have the following qualifications to succeed in this role:
- Bachelor's degree or equivalent in Finance, Accounting, or related discipline
- Knowledge of U.S. GAAP accounting principles and ASC 740, recent experience with Tax Accounting and/or SOX internal controls for Tax
- Experience with OneSource Tax Provision software a plus
- Proficiency in Microsoft applications (Word, Excel, PowerPoint) and advanced Excel skills are plus
- Proficiency in common applications (Qlik, Alterx, Tableau.) and knowledge of transfer pricing concepts are plus
- Strong oral, written and interpersonal skills with the ability to team effectively with different business cultures
- Strong written, presentation, organizational and project management skills
- Strong analytical and problem-solving skills
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
The final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City