Sales & Use Taxation /us Taxation - Gurgaon, India - Amex

Amex

Verified Company

Gurgaon, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

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Here, you'll learn and grow as we help you create a career journey that's unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.

At American Express, you'll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company's success.

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Function Description

The Amex GSM Sales and Use Tax (SUT) team is responsible for the timely review, assessment and reporting of taxes to the Amex Corporate Tax department for final reporting and payment to over 300 U.S.

government jurisdictions each month. Amex assesses/reports ~1.5M in taxes (related to A/P purchases) each month as a result of reviewing ~1500 invoices/month.

Purpose of the Role:

This new position will be responsible for the review of monthly Sales & Use tax reporting of all Accounts Payable transactions to the Corporate Tax department.

This includes but is not limited to the review of monthly tax data, reconciling of the various reports against exclusion items and manual adjustments and matching the data against pre
- defined rules to identify over/under payments. This person must understand the end-to-end AP S&U Tax process for the US market to include invoice review, treatment of commodities, how to process manual tax adjustments, and reconciling the S&U tax liability accounts. This position requires a strong working knowledge of the Ariba, Oracle and Vertex systems. The resource must have a working knowledge of S&U tax requirements regarding regulatory tax filing with all US government jurisdictions. In addition, the resource will be responsible for posting tax adjustment entries in the Accounts Payable system. Job functions also include but are not limited to; assisting with various S&U tax audits by pulling reports and invoices for the Corp Tax department and governmental auditors, educate and train users/requestors about the S&U Tax requirements for numerous commodities, and act as a liaison with Amex business users or suppliers to get the information for validating the correctness of taxability of invoices. This person would also work closely with the Technology/Project teams to provide requirements, testing and other support for any necessary system changes or enhancements.

Responsibilities:

The timely review, assessment and reporting of taxes to the Amex Corporate Tax department for final reporting and payment to over 300 U.S. government jurisdictions each month. Amex assesses/reports ~1.5M in taxes (related to A/P purchases) each month.
Identify over/under payments by reviewing transactions against predefined rules and make necessary adjustments/preparing packages for refunds
The resource must have a strong working knowledge of Sales & Use tax requirements regarding regulatory tax filing with all US government jurisdictions, as they must educate and train their team, end users and requestors about the S&U Tax requirements and provide tax related assistance to any Amex business users and/or suppliers.
This team is responsible for the timely preparation and submission of the monthly sales & use tax dashboard and metrics to leadership including saves
This team calculates and publishes to the respective ROCs, the monthly taxes saved due to the afore mentioned manual adjustments.
This person must enforce controls related to the S&U Tax processes, to ensure accurate: (1) monthly reconciliation of our Tax Rate tables vs the published BNA rates, (2) monthly reconciliation of original and credit adjustment transactions, and (3) monthly reconciliation of the primary review tracker against our monthly tax extract report (used for the M/E tax filing).
This position is responsible for coordinating and providing to Corporate Tax department the data files, invoice copies, PO's, Contracts, etc., for any government S&U tax audits. At a minimum we have ~10 tax audits/year. Most of our State audits can require the pulling of ~2501k documents per audit. By GSM SUT team assisting with the document gathering for such audits, we have helped Amex realize a save on certain state audits of upwards of $250k/audit.
Update rules basis monthly observations to ensure up to date rule repository.
This person must have a strong working knowledge of the A/P systems (i.e., Vertex, Oracle and Arib