Tax Analyst

As a Tax Analyst at Barclays, you will play a key role in supporting the firm’s global tax operations, compliance, and reporting functions. Working within a dynamic and collaborative team, you will be responsible for assisting with the preparation and review of federal, state & local tax filings, ensuring compliance with local and international tax regulations, and contributing to tax planning and risk management initiatives. You will collaborate with finance, legal, and business teams across jurisdictions to ensure timely and accurate tax reporting while identifying opportunities for process improvements and efficiencies.

To be successful as a Tax Analyst, you should have experience with:

• Tax compliance experience, filing federal, state & local corporate tax returns such as, forms 1120 or 1120-F.
• Tax provision experience under US GAAP (ASC740) and IFRS ( IAS12)
• Ample Microsoft office skills especially excel

Some other highly valued skills may include:

• Solid understanding of corporate tax principles
• Knowledge of tax compliance and regulatory reporting requirements
• Ability to interpret and apply tax laws, rulings, and court cases

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is located in New York, NY.

Minimum Salary: $80,000

Maximum Salary: $110,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.

Purpose of the role

To safeguard the financial interests of the bank, using expertise and diligence to maintain tax compliance, mitigate tax risks and ensure tax is appropriately reflected in the Group’s financial planning and external financial reporting.    

Accountabilities

• Preparation or review of relevant tax returns in accordance with applicable tax law and agreeing compliance positions with the tax authorities.
• Preparation or review of tax accounting calculations and disclosures in accordance with applicable accounting standards for group forecasting, reporting and stress testing.
• Provision of technical insight, analysis and conclusions on a variety of tax technical areas to determine appropriate tax treatment.
• Analysis of relevant developments in tax law to ensure the impact on Barclays is understood and appropriately managed.
• Design and operation of tax process controls to ensure tax risk is appropriately managed and tax treatments can be supported.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.